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Saudi looks to petrochemicals for next big projects

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 Insights

10-Oct-18 Saudi Arabia, the world’s biggest oil exporter, is seeking to transform its economy away from reliance on crude. State-run Saudi Aramco is working on more than USD100 bn of refining and chemical projects. [image: Andrey Rudakov / Bloomberg]

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Indonesia’s premier-city link on track for 2021 launch

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03-Oct-18 Construction of the Chinese Belt and Road Initiative-backed Jakarta-Bandung rail line is back on track, with contractors confident it will enter operation in 2021.  Its most significant benefit is to cut transit time from five hours to 36 minutes. [image: HKTDC]

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Candy rush for China’s electronics giant

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01-Oct-18 Candy, the Italian family-owned appliance manufacturer is in the news after being sold to Chinese electronics giant Haier, based in the Shandong port city of Qingdao, for EUR475 mn, as Haier looks to crack the European market. [image: Candy]

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Billionaire owner of Staples Center to build stadiums in Bangkok

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27-Sep-18 US billionaire Philip Anschutz’s sports and entertainment company AEG and Thai shopping centre developer The Mall Group plan to invest USD309 mn to build two multi-purpose stadiums in the Thai capital, including one billed as the country’s largest. [image: Isa Foltin / Getty Images]

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