Asia & Pacific Rim - 21 May 2020

GlobalData: Hong Kong’s construction industry to contract by 9.2%

Thursday 21 May 2020 09:30

According to GlobalData, the Hong Kong construction industry was in dire straits in 2019 as political unrest disrupted the market – the COVID-19 induced economic weakness is now expected to further exacerbate the scenario.

GlobalData: Singapore’s construction industry to plummet by 14.1% in 2020

Thursday 21 May 2020 08:30

The COVID-19-induced economic uncertainty has disrupted Singapore’s construction industry, with output now expected to plummet by 14.1% in 2020, according to GlobalData.