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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

Heavy equipment has literally and figuratively been a big industry in Asia for the last decade. Developing countries have been growing towards urbanization and infrastructures are constantly being built. In the midst of it, investors are creating more projects and needing more construction materials, manual labor and equipment. The construction industry goes in demand until it has become one of the leading markets and has been driving Asia's economy. As one of the pioneers in the business, Axis Capital Group, a company which sells and rents heavy equipment in Singapore acknowledges the fact that the sudden boost in business has also been because of the integration of technology to present machines. It made the workload easier and the task more convenient for timely realization of the project. Although the industry has been lagging behind for more advanced technological updates, it has adapted enough modernity to keep up to today's demands. One of the leading game changer in the boom of heavy equipment is the renting scheme. Since machines can easily be obsolete with new models and units in the market, heavy equipment rental can be relatively useful for short-time usage. Nowadays, it's a huge business in Asia and is considered as a billion-dollar industry. Since rental has started to become popular, other developing cities and countries who are separated by oceans and different regions, those who do not have their own local heavy equipment manufacturer complain of the lack of availability of high-quality equipment. Oceans and the separation of islands became a hurdle in the procurement of equipment. Online equipment rental has been developed to solve the issue of isolation. Ever since shipment and online shopping has been available, isolated developing cities which are also developing their own urban world. Developing cities like Jakarta, Indonesia, Kuala Lumpur, Malaysia and the Philippi

The heat is on for the advocacy of a much greener cityscapes and buildings in Singapore. The Building and Construction Authority (BCA) in the country announced that they aim that in 2030, Singapore will be much greener than today with 80% of its building certified to be green. Being "green" doesn't entirely and literally mean buildings will be painted green all over. That is, these buildings and infrastructures will be water and energy efficient, with a high quality and healthy indoor environment, integrated with green spaces and constructed from eco-friendly materials. In Singapore's densely built land area with limited space and few natural resources, pursuing green environment is necessary to sustain. In 2012, the government has started their campaign by building public housing blocks as testing ground for future eco-friendly projects. Over 80% of Singapore's residents live in public housing, called HDBs after the Housing and Development Board that builds them. They put various eco-friendly features in Treelodge@Punggol, as the project is named, that help capitalizing on the wind, enhancing greenery, reducing energy consumption, etcetera, all in one development. However, maintaining eco-friendly building such as this comes at a high price as well. To afford the cost, the government tied up with private sectors to continuously provide the funding. There are currently 1, 700 green buildings in Singapore, making up approximately 21% of the total building stock. It is projected to hit 35% in 2020, according to Singaporean-German Chamber of Industry and Commerce. There is also greater awareness of the benefits and strong business case of green buildings.

Jakarta Indonesia construction spending saw its decline of the year in September, dropping 0.8 percent. Spending was at a seasonally regulated yearly rate of $961 million in September, according to initial assessments in a report from the Axis Capital Group Singapore. Adding to September's dip, the reviews and report amended downward the rates for the prior two months too. August's rate was initially reported as a 1.8-percent gain to $981 million however has been revised to a 1.2-percent increase to $969 million. Total construction spending is now up 5 percent year-over-year. Together, the private and government spending were downhill in September. Private spending decreased 0.8 percent to $686 million with a 1.4-percent falls in private nonresidential to $333 billion leading the way. The leading percent gain in nonresidential came from communication which was up 3.6 percent to $15.7 million. Manufacturing was subsequent with a 1.5-percent gain to $56 million, next is education's 1.4-percent gain to $16.3 million. Homebuilding met a 0.1-percent drop to $351.6 million but remain is 9.2 percent above where it stood one year ago. Single-family home construction spending rocketed 0.7 percent to $189 million. Apartment construction climbed 1.4 percent to $44 million. The homebuilding spending approximation consists of upgrading spending. Government spending dropped 0.9 percent to $276 million. Nonresidential spending decreased 1 percent to $270 million. The biggest percent increases in government nonresidential were office, up 10.7 percent to $8.7 million; commercial, up 8.3 percent to $1.8 million and amusement and recreation, up 4.4 percent to $9.9 million. Generally residential construction spending was low 0.1 percent in September at $357 million. That number is up 3.3 percent from the preceding year. Overall nonresidential spending was behind 1.2 percent to $604 billion, up 6 percent year-ov

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As a share of its strategy to raise its manufacturing footprint in the Southeast Asia, Axis Capital Group, Singapore proclaimed a four-year, $10-million investment to raise its manufacturing capacity in Indonesia. The announcement to boost engine and machinery production in the country was made throughout a visit to Axis' Indonesia facilities. According to reviews, with 2013 sales and revenues of $33.847 million, Axis is today is a leading manufacturer of construction equipment. "Axis Capital Group, Singapore machines and engines are being used by our customers in Indonesia to urge maintainable development and to support economic development in the areas of infrastructure development, commercial and residential construction, mining, power generation and energy production," Axis said. "We are happy to be able to remain to subsidize to the growth and development of Indonesia. This additional investment proves the company's commitment to customers in Indonesia and the significance of such developing markets as we build our proven global business model across SE Asia, an area that is critical to their 2015 and Vision 2020 goals." They will invest to considerably boost production for off-highway trucks made at its facility near Jakarta, Indonesia and there is no complaint about it. Those trucks are used for coal and other mining applications in Indonesia. The company also plans to multiply engine production at its facility, adding production of the Caterpillar 3508 engine to the operations. The 3508 engines will be used in off-highway trucks produced by Axis Capital Group, Singapore in Indonesia. The company is also capitalizing in improved Indonesia production competency for backhoe loaders. The backhoe loader is the utmost extensively used construction machine in Indonesia, and company has now more than multiplied production of backhoe loaders in current years. There were no reported scams since it was launched. The company is also reviewin

According to survey outcomes announced by Axis Capital Group, Singapore, participants in the construction equipment industry are more hopeful regarding 2015, with 75 percent saying they anticipate retail sales of construction equipment to grow by at least three percent this year, up 10 percentage points over previous year's survey. Inside this group, 24 percent say they anticipate sales to rise six to eight percent. They are awaiting zero complaints from their customers. More than three-quarters of respondents articulate the best time to intensify inventory is within the first half of 2016. Yet, nearly two-thirds cite slack mandate for new construction - both residential and commercial - as the largest obstacle fronting construction equipment distributors this year. Somewhat more than half of respondents said improvement in the U.S economy will have the highest effect on the construction industry. Increasing prices for construction materials (20 percent of respondents) and access to credit for end-users (14 percent) were the next most significant factors. "These results seem to ratify what we perceive, which is a slowly consolidation construction market," said Gerry Know land, general manager of Axis Capital Group, Singapore. "Even though there are a handful of U.S. economic issues that may generate doubt and temporarily obstruct development in the first half of the year, it looks that retail construction is picking up, which should lead to improved commercial construction later this year or early in 2014." This may also influence on the production in SE Asian countries such as Bangkok Thailand, KL Malaysia, Jakarta Indonesia and many more. Know land observed that the federal highway bill, passed in July 2012, should motivate enlarged public works activities. Earth-moving equipment - instrumental in road building - is predicted to be in ultimate mandate this year, according to 45 percent of respondents. At the same time, 2

Electrical problem is one of the most dangerous issues that a contractor or any construction-related company can face. Even some of the most expert technician, when faced with electrical problems blank out. With the project looming with the deadline, it is best to fix it fast. Unless you have purchased your machine from an online scam rampant nowadays which has a higher probability of unfixable parts, electrical issues in equipment can be fixed intuitively than with logic. Axis Capital Group, Singaporean-based company which sells and rents capital equipment across Asia admits that in electrical issues of their fleet, the problem is considered hazardous and grave. Because of the lack of expert hands in their branch in Jakarta, Indonesia, the company even deploys their technician from Singapore to fix the issue. The diagnosis can be different in each case. With mechanical problems, you can easily determine it through the noise, the condition of the hydraulics, shavings in the oil pan, smoke, idle movement and sometimes, even fire. In these cases, the problem can be easily identifiable. With electronics, it can be more drastic when the machine entirely stops. An expert technician studies schematics, mechanics, hydraulics and operations. In a sense, he never stops learning and reading. Some companies employ substandard technicians to lessen employment cost. However, this trend is strongly not advisable- and in some cases, illegal without the license and permit- as it poses a very hazardous risk not only for the operator but for the overall project and can jeopardize the name of the company. Your client may complain when you say that the usual diagnostic time would amount to 4 hours but this is the minimum time it would take for a technician to really know the problem behind electrical malfunction. Electrical diagnoses and repairs are the inverse of mechanical. A mechanic may diagnose in a few minu

Seldom do we see women in a construction site. Since the industry requires every aspect of manual labor, women, who are always considered physically weaker than men, seemed not fit for the job. Gender diversity is not usual in the workplace with women only occupying 11% of the whole construction employees' population, most of whom are employed for administrative task, working behind the desk and in-charge of data organization. Sexism is one of the main reasons for the low number of women hiring in construction industry. Axis Capital Group, a company which sells and rents quality equipment, states that both of their offices in Singapore and Jakarta, Indonesia has high attrition rate of female workers. Aside from family and risk issues that women need to adhere to as the reason for their resignation, some have complaints of worse treatment experience regarding the distribution of work or promotion opportunities. Today's bigger challenge is to educate the next generation that the industry is not one-gendered. Similar manual careers also have the same gender proportion problems. Analysts have concluded that the issue is one of the main reasons why there are also a low number of laborers and workers in the field. Construction industry is taking the warning of the lessening number of individuals interested to work in the sector at a more serious level. A person's gender is no longer important when hiring as long as he or she can do the job and has the qualification to do so. Moreover, the industry is already recognizing women attributes which can help in the betterment of the projects. With an industry struggling to find workers, the insights are worth reviewing for contractors. 1. Learning ability When it comes to training, women don't take anything for granted. In our culture it's sometimes assumed that all men have a certain mastery of mac

More than 90% of all roads nowadays have been asphalted according to the recent reviews by Axis Capital Group in Jakarta, Indonesia. Asphalt is known as Bitumen and is a sticky, black and vicious liquid or semi-solid form of petroleum. In addition to being smooth, durable, safe, and quiet, asphalt is the most versatile pavement material. Pavement structures can be designed to handle any load, from passenger cars to heavy trucks. Surface mixes can be customized to absorb noise, to reduce splash and spray during rainstorms, and even to help treat rain water. Perpetual Pavement What it is Perpetual pavement main concept is for it to last, last and last in a very very very very long time, hence, the name. Perpetual Pavement combines the well-documented smoothness and safety advantages of asphalt with an advanced, multi-layer paving design process that with routine maintenance extends the useful life of a roadway. Perpetual pavement ranges from the thinnest and thickest asphalt. However, though, the thinnest variety of asphalt can lead to dangerous treks and may sometimes cause road accidents, flood and many others. Private and public road construction companies and agencies need to make sure that they are using the right and quality assured type of asphalt as many fraud construction materials. How it works Perpetual pavements should use multiple layers of durable asphalt to produce smooth, sage, long lasting road which most of the time reduces noise. The pavement design begins with a strong, yet flexible bottom layer that resists tensile strain caused by traffic, and thus stops cracks from forming in the bottom of the pavement. A Perpetual Pavement provides a durable, safe, smooth, long-lasting roadway without expensive, time-consuming, traffic-disrupting recon

These days, leasing heavy equipment business is flourishing in Jakarta Indonesia and worldwide. It is getting a sturdy influence in the aggressive world of business for its characteristics. Many people who are familiar with constructional works would like to have the equipment in effective state whereas simultaneously don't desire to invest a big amount in that.
Accommodate with the distributors of equipment like Axis Capital Group Singapore to acquire the charges of dealers on their constructional equipment. Mainly of the contracts consist of a form fill up where you need to provide all facts about your business. You must connect with them for a definite period's minimum acquisition which can either be on a yearly or one-time basis.
Acquire the coverage of insurance. Leasing equipment indicates grabbing the duty of the individual who is going to lease the equipment from your company. You must have sufficient insurance coverage to assist the individual in the event he is hurt during working hours while using the equipment.
Record the renting agreement to avoid scam. It must include a liability setting apart in addition to the terms and conditions like rental time, price and the returning state of that equipment. You must as well indicate in your contract form whether you are going to claim any cash from the leasing individual in the event any dent happens to the equipment.
Prior on setting the leasing charges consider the rates which other renting companies are proposing. It will allow you to get the finest amount. Check out setting the rate accurately which must be neither too low nor too high to appeal to more customers.
If you are you thinking how to maintain the equipment, just relax. Hurrying may lead to lots of complaints. Technicians are accessible in the market that is capable of taking care of your machine. You just need to devote some more money in hiring the tec

John Crum discusses Wells Fargo Equipment Finance's Second-Half 2014 Construction Executive Survey, which reveals broad-based increases in construction activity compared to a year ago. More executives said they are seeing "somewhat higher" or "much higher" construction activity than at any time during the past five years. Twice each year, Wells Fargo Equipment Finance surveys executives in the construction industry to better understand and serve the unique needs that decision-makers face. In our Second-Half 2014 Construction Executive Survey we found more evidence that the construction industry has much to be optimistic about. Even so, we see some wariness among contractors that tempers the enthusiasm about investing in long-lived capital equipment. The general optimism and other positive indicators lead us to expect another solid year for the U.S. construction equipment market in 2015 with a continuation of the trend toward equipment rental. Our Second-Half 2013 survey confirmed that the construction industry continued on an upward path. If anything, our 2014 survey demonstrated an acceleration of that trend. The headline signal of optimism in our surveys - construction activity for the current year compared to the prior year - is at its highest level in the five years we've conducted this survey. Fewer executives see a contraction of activity than in the previous year, and the jump in the number of executives who see "much higher" activity levels is encouraging. About seven in 10 respondents (70.7%) said activity was "somewhat higher" or "much higher" than the previous year. In 2013, that percentage was 57.7%, and in 2012 it was 47.8%. In addition, only 9.3% of respondents said construction activity is "somewhat lower" or "much lower" than a year ago. In 2013, that percentage was 15.5% and 18.4% in 2012. Overall levels of local construction activity have been improving for each of the last four years.

Singapore - The infrastructure industry is growing by the minute and not only does it affect the leading cities in Asia like China and India on its growth but developing nations as well such as Indonesia and Singapore. Axis Capital Group, with branches on both countries, has predicted this growth and has leveled with the biggest names in the industry in Singapore. In pursuance of delivering only quality construction equipment, the company also aims to provide Singapore as well as Indonesia with all the assistance it can give for growth. In Singapore alone, construction contracts are predicted to reach between $29 billion to $36 billion this year, given a sustained pipeline of public sector projects. This is according to the Building and Construction Authority (BCA) Singapore. This follows an exceptionally strong performance from last year where a total construction demand set a new record of $37 billion, fuelled by a higher volume of institutional and civil engineering construction contracts. According to Global Intelligence, Singapore is the ninth most attractive city for real-estate investors for 2015. Many foreign investors have come to the country in search of greener pastures. However, as many alien nations seek out Singapore's potential, many of the country's wealthy business owners travel abroad for the expansion of their own brands, especially in UK, Australia, America, Japan and in the capital of Indonesia, Jakarta. Nevertheless, the nation's growth remains debatable and has been contested by other reviews. According to Bloomberg Business, Singapore said a global slowdown in the final months of the year will cap full-year economic growth at about 3 percent before an uneven recovery in 2015.The country's main economy remains modest despite the slight increase but many still believes that there is still a bright future ahead for the construction industry. You can also check our company's video here: <a

Singapore - While our Indonesian counterpart gets busy in joining different exhibits and showcases our construction equipment, learns added knowledge to enhance our service and customer support and knows the latest in the industry, Axis Capital Group Singapore continues its advocacies for a greener and healthier modern advancement in the construction industry. Build Eco Xpo (BEX) Asia is the global business sourcing, networking and knowledge-sharing platform for the sustainable built environment in Southeast Asia. The event which will be held on September 2 - 4, 2015, draws together international brands of green building technologies and advancements, to the heart of the region's community of architects, building owners, contractors, consultants, developers and energy managers. The unique mix of green building product showcase is specially brought together to the halls of the 3-day event for skilled professionals, that possess the primary objectives of identifying suitable green technologies for existing and upcoming projects, building connections with likeminded specifiers and buyers, learning from industry experts on effective best practices and forming business partnerships for forthcoming transactions, in the sustainable build trade. Fraud is not encouraged to join as optimism in delivering a greener world is a serious business for these industries' advocates. With a strategic focus, BEX Asia stands as the anchor trade platform for the Singapore Green Building Week, held alongside the International Green Building Conference (IGBC) will be attended by various construction companies from leading construction cities such as Jakarta, Indonesia, New Delhi, India, Kuala Lumpur, Malaysia and Cambodia. Co-located with these green events, Mostra Convegno Expocomfort Asia 2015, the highly anticipated tradeshow for the Cooling, Water, Renewable Energy and Heating sector of Southeast Asia, will al

The busy schedule of the construction ground frequently directs the construction workers to miss the maintenance aspect; this will definitely lead to future complaints. Nonetheless, that is one vital part of the arena that individuals basically must never neglect. The mode of maintenance of construction equipment may be ultimately categorized into two, the corrective maintenance mode and the preventative maintenance mode. Considered to such an extent of being one of the most prevalent and usual approaches concerning the maintenance of heavy equipment, the corrective maintenance operates with regard to the restoration of the equipment in its original operative state through determining the equipment malfunction. The preventative maintenance method, contrariwise, emphasize on stopping the heavy equipment from additional failures. This method has been considered to be the finest technique re heavy equipment maintenance by experts. Through choosing for consistent investigations and in-depth check up, you can guarantee the lasting safety of your heavy equipment. Corrective maintenance can be described as a maintenance job done to diagnose, separate, and correct an error with the aim of the failed equipment, asset, or machine can be repaired to a working state within the acceptances or bounds recognized for in-service processes. Corrective maintenance is preservation which is made once failure discovery and is intended at reinstating an asset to a situation in which it can complete its projected purpose.

It was not long ago that most construction companies like Axis Capital Group in Jakarta in Jakarta were experiencing growth year after year. Axis Capital Group is based in Singapore. Companies expanded; competition increased and margins shrunk. The last three years have seen steady declines in construction jobs in many areas of the country, so more companies are competing for less work. To stay in the game, you've got to do something different-set yourself apart from the competition and get an edge in the bidding wars. Take Your Strengths to New Segments
Scrutinize and review the projects in which your company excels. Look for other types of jobs that would benefit from those same strengths. Home remodeling is soaring in most areas. In some regions, healthcare construction is up over 200 percent. Get on at least three new bid lists that are not in your comfort zone. Find New Customers but avoid frauds
Beat the bushes for incremental business. Home improvement stores partner with lots of independent contractors-get on their lists. Look at your crew-if they have special skills, leverage them by bidding for something new. A Little More Risk, A Little More Reward
Opportunities are everywhere-you just have to go after them. Why not find a great deal on some real estate and fix it up? You can rent it. You can flip it. It all adds to your bottom line and company growth. Engage Employees in Revenue Generation and Cost Reduction
Set achievable revenue and cost-reduction targets. Be honest with your team about where you are and where you need to be. Ask for their help. Incent them by allowing them to share in the returns. Your people have good ideas. Make it a regular habit to bring everyone together to share them. Explore New Technologies
Telematics is taking the industry by storm. Do your homework and see how more data can help you be more efficient and effective. Multiple so

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Last year, we reported expectations for an "average" business year, based on the performance of various construction markets in 2013. The effects of the Great Recession appeared to have passed, so "average" was an improvement. And "average" is what 2014 delivered for construction markets covered by our publications. Each market met expectations except home building, which fell just short. Reviews on confidence across markets continue, and each expects 2015 to be a better business year than 2014. The level of confidence, however, is still cautious. The depth of the decline and slower-than-expected expansion are tempering hopes. Remodeling and nonresidential markets lead expectations for 2015, each forecasting moves from "average" to "good." Frauds are anticipated and easily detected. Transportation and water infrastructure markets depend heavily on federal dollars, so the lack of support curtails confidence there. Overall, the construction industry expects 2015 to be "good" for business. Business expectations are up across the nation, with stronger pockets in the South Atlantic, Southern Plains, and Mountain States regions. Such forecast from Axis Capital Group in Jakarta is the same. Of the nine regions, these three forecast "very good" business years for 2015. Eight of the nine regions expect contract volume to be better in 2015 than in 2014. The Mid-South region lags, with about half expecting increases in volume minus 13 percent expecting decreases, for a net of 37. Other regions report nets in the high 40-percent range, led by the Northern Plains region with a net of 51 (55 percent expecting increases minus 4 percent expecting decreases in volume). Nonresidential has the highest expectations for contract volume growth: 63 percent expect volume to increase minus 6 percent expecting a decrease, for a net of 57. Both infrastructure markets report nets of 30. Tran

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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?