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Government Of Indonesia Sets Slight Increase For BUMNs Spending Jakarta, Indonesia - The government of Indonesia plans to inject RP 73.08 trillion for 42 state-owned enterprises (BUMNs or Badan Usaha Milik Negara), just above the RP 72.9 trillion budget last year. Governor Basuki "Ahok" Tjahaja Purnama said during a speech that the city administration hoped to perform better in 2015 than it did last budget year, which percentage-wise saw the lowest in spending and revenue. Only 59% of the 2014 allocated budget was spent last year, causing the slight increase. The budget was far from the RP 82 trillion which Ahok had predicted. This was discussed on a business meeting between the government and Commission XI of the House of Representatives in Jakarta on January 28. In the 2015 State Budget (APBN), the capital injection to BUMNs was budgeted at Rp 5.1 trillion for four state-owned companies. In the 2015 RAPBN-P, the allocation has been increased to Rp 72.9 trillion for 42 BUMNs. The objective is to enable business entities, which represent an arm of the government to realize the vision and mission of the president in building infrastructure. However, many construction companies have complaints if these goals are all materialized. For more information, please visit http://snapjudgment.org/axis-capital-group-join-jakarta-inter

Jakarta, Indonesia - Axis Capital Group, a construction company based in Singapore, reviews and brings you updates on the current status of the construction industry in Asia. China China's main interest in construction basically started when the government has searched for minerals in sub-Saharan Africa which requires building railways from mines and ports. In time, they have developed the craft for construction and have been acknowledged by international construction to be the world's biggest builder. China's construction is commended for finishing projects on time. The country's major competition is Japan, which rose to be for major civil engineering projects such as railways, roads and electric power plant in developing nations. Meanwhile, China announced that same month the launch of the Asian Infrastructure Investment Bank by the end of 2015, involving 20 Southeast Asian and Middle Eastern countries. Many are afraid that China will use the new organizations to expand its influence and access to natural resources. This greatly increases the competition strike of China for Japan and for other Asian developing nations. Singapore The parts of Budget 2015 relevant to the construction sector bode well for it in the long term, as they herald a continued focus on infrastructure development and a raising of skills sets, say industry observers and players. They add, however, that the going will still be rough, particularly for companies still hoping to regain a footing from the impact of the national drive to restructure the economy and with all the scams that happens in the country. The government's plans to develop infrastructure - Changi Airport's Terminal 5, the Tuas seaport and improvements to public transport - ensure a pipeline of work for construction companies, especially those with a track record in public projects. Vietnam The Vietnam government is set to invest US$12.2 billion or VND193.6 trillion in c

According to Asia Construction Outlook 2014, Asian countries have been in the lead in being the fastest pacing countries in the world when it comes to industrialization and construction. Jakarta, Indonesia is forecast to have the highest potential in terms of growth and development. Despite the slow development, the warnings of downfall and the great fluctuations of global economy, Asian countries have remained strong and have maintained their growth and development. The reason for this is said to be because of the demands of urbanization within their walls. Indonesia emerges as a particularly interesting market. Construction spending in the world's fourth-most-populous country accounted for more than a quarter of the nation's gross domestic product last year, with about half of this expenditure funding infrastructure projects. Aecom's survey also found that Jakarta is viewed as the No 1 city in the region for potential market growth and profitability. The country's development is already one of the main topics by analysts and economists and has been in discussion by many sectors all over the world. According to Global Intelligence Alliance report last 2014, property industry in Indonesia is expected to grow within 2015 on rising middle class and infrastructure spending. Indonesian middle class is expected to increase to 90 million. The report also anticipates property prices to increase to 15%-20% as they respond to fuel prices, electricity prices and bank interest rates. The fact that foundation contractors plan to increase prices by 5% in March will also have an impact. The price increase will mostly affect small developers and the low-level segment. The middle-upper market should not be significantly impacted, however, because of the strong rise in purchasing power. Property developers in the retail and condominium segments are particularly interested in the suburbs and outskirts of Jakarta. This shows the fast-paced expansion of

Singapore City, Singapore - Axis Capital Group, a construction company based in Singapore, supports public sector projects which are reported to sustain construction demand for the rest of the months of 2015. Environmental and public sectors are expected to reach between $29 million to $36 million in 2015, given a sustained pipeline in public sector projects. According to the Building and Construction Authority in Singapore, this year, public sector projects are expected to account for an estimated 60% or $18 billion to $21 billion of the total construction demand as reported by Building and Construction Authority (BCA) in Singapore, the country's regulation board for industrialization and construction. It has also been recorded that BCA has included requirements on the use of labor-efficient construction methods and building designs. From the last quarter of 2014, buildings are required to meet the following criteria: 1. Meet higher minimum Buildable Design and Constructability standards. 2. Use prefabricated and standardized components. 3. Adopt high-impact productive technologies for projects under the Government Land Sales (GLS) programme. These include the adoption of Prefabricated Bathroom Units (PBUs) in residential (non-landed) sites, including Executive Condominiums, and the residential (non-landed) component of mixed-use sites sold under the GLS programme. It is expected that many more business owners are planning to invest in construction of their companies this year. Singapore, along with its neighboring Asian countries like Jakarta, Indonesia, Kuala Lumpur, Malaysia and Bangkok, Thailand is paving their way towards modern civilization and industrialization. Construction companies like Axis Capital Group have continued to support and help promote these Asian countries towards global competition. These countries now pose as a threat to o

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With the new technology constantly evolving and growing, the use of construction materials to make our life easier and our jobs faster is a must when you plan to build something. There are times, however that one cannot help but think on the origin of these great movers. Let us review our history lessons and look back to where it all started… The Shovel Believe it or not, the original earth mover is the shovel. In Neolithic times and earlier a large animal's scapula (shoulder blade) was often used as a crude shovel. Manual shoveling (often in combination with picking) was the chief means of excavation in construction until mechanization via steam shovels and later hydraulic equipment (excavators such as backhoes and loaders) gradually replaced most manual shoveling. The same is also true of the history of mining and quarrying and of bulk materials handling in industries such as steelmaking and stevedoring. Railroad cars and cargo holds containing ore, coal, gravel, sand, or grains were often loaded and unloaded this way. Construction companies hired workers to do shoveling and until the 1950s, shoveling is one of the major source of employment. Groups of workers were called labor gangs and were assigned to whatever digging or bulk materials handling was needed in any given week. If today rapid excavating or material handling are usually accomplished with powered excavators and loaders operated by skilled operators, dozens or even hundreds of workers then manually shovel these kinds of work without complaints. Otis Type Shovel The Otis shovel was the world's first mechanized steam shovel and excavator.  In 1835, seeing the difficult

Incoming trends and perceptions always intrigue us as New Year comes. Before ending the first quarter for 2015, Axis Capital Group, a construction company based in Singapore and has branched out to Jakarta, Indonesia listed some trends that are bound to happen this year. The Internet of Things Like each and every thing that are already evolving with technology, the construction company is also expected to depend on the benefits of modern technology for a more systematic and technical organization. Telematics is having a significant impact on a growing number of industries and construction is no exception. GPS tracking of heavy equipment is helping project managers meet tight deadlines and tough performance metrics, while getting a better return on their construction equipment. Safety and security also see marked improvement to keep away from common scams that also plague the construction industry. Greener World Green building is trendy and cost-effective. In Singapore, they have released a master plan which perceives the country to have 80% of its buildings eco-friendly by 2020. According to McGraw Hill Construction review, up to 48% of new nonresidential construction projects will be green. That's a $145 billion opportunity for construction firms. Additionally, the call to continue greening existing buildings will only continue to rise. Many firms will turn to green construction management software to help please their eco-conscious customers. Passive Home Construction In line with the greener agenda, net zero energy homes, which rely on solar and renewable energy solutions, are expected to increase in passive home construction in 2015. Passive homes rely on home design and materials for auxiliary heating and cooling.

According to the Asia Construction Outlook 2014 survey, the prospect for both the size and the growth of Asian Construction market remains positive with 92% respondents in agreement. It is expected that the market will continue growing healthier for 50% for the remainder of the year. The survey results in AECOM 2014 indicates that Indonesia, Malaysia and Thailand stand out as countries which respondents expect to become increasingly attractive to foreign suppliers of construction service. However, comparing to the 2014 survey results with those from the 2013 survey indicate that respondent's views have become more pessimistic regarding long-term market attractiveness in Singapore and India. Indonesia's construction industry has performed well during the Jakarta review period, driven by strong economic activity and high levels of investment. The country, along with Malaysia is said to be the forefront of market growth in the region for the next 12 months. Multinationals have been increasing their footprint in Asia for years as they have moved from selling into the region to also investing here. Asian companies are also being competitive threats outside the region as well, as they set their site on the global dominance. It is never easy to set foot into a developing nation. Aside from the competition that may arise against local businesses, there are also competitors among fellow foreigners, causing a lot of complaints. Indonesia is a key target for infrastructure companies because its nearly 250 million people are increasingly demanding better health care and transportation. In 2012, the government has even imposed a stricter process for foreign investors that plan to start business in the country. On the other hand, in the sudden increase of companies with the same industry, project managers and the public have become ke

How come Axis still operates? I know they are a fraud company. No doubt about it.

There are lots of Asian countries which are close to being able to compete with other western continents. Asian people are hardworking people and very intelligent. Why doubt their capacity to deliver?