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Asia & Pacific Rim

 
 
 

Good news for Thai construction

According to a new report by Timetric’s CIC, Thailand's construction industry is picking up with a more optimistic future outlook.

 
 
 
 
 

BHS Australia established

BHS-Sonthofen has recently set up the joint venture BHS-Sonthofen Pty Ltd in Australia.

 

Shanshui shareholder says it will help repay debt

China Shanshui Cement Group’s largest shareholder has said it will help repay Shanshui’s debt if its proposed changes to the board are passed at the forthcoming EGM.

 
 

Cement sales increase in Indonesia

Cement sales in Indonesia rose by more than 10% in October 2015 thanks to increased government infrastructure spending.

 
 
 

China Shanshui Cement to enter liquidation

The company has announced it hasn’t been able to find financing to repay RMB2 billion in onshore debt and will therefore default on the loan and its 2020 dollar securities.