Export ban leaves Singapore short of granite
Granite aggregate (2 Feb) - A shortage of granite due to an Indonesian export ban has left several construction projects in Singapore in a rocky state. Contractors said that there had been delays for various projects since the middle of this month. A Building and Construction Authority spokesman said yesterday that the industry...
Krugman: Turkey’s troubles may spread to other emerging markets
Paul Krugman Paul Krugman (30 Jan) - O.K., who ordered that? With everything else going on, the last thing we needed was a new economic crisis in a country already racked by political turmoil. True, the direct global spillovers from Turkey, with its Los Angeles-sized economy, won’t be large. But we’re hearing that dreaded...
SG & HK developers shift focus away from home
OUE Ltd, run by a son of Mochtar Riady, an Indonesian tycoon who founded Lippo Group with interests in property and banks, in June bought the US Bank Tower in Los Angeles, center, for $367.5 million. (12 Jan) - Developers in Singapore and Hong Kong, cities which last year implemented some of their most-restrictive curbs to rein...
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