Turkey: rebalancing for growth Premium
Following the recent decline in Turkey’s economic growth the domestic cement industry set about to improve its production efficiency and foster sustainable development in a sect...
Construction
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Macau sees slowdown in industrial sector for 2018
The revenue of Macau’s industrial sector fell 4.1 per cent to MOP11.07bn (US$1.37bn) in 2018, according to the SAR’s statistics service. Furthermore, the expenditure of the sect...
Cement production in Panama falls 10%
The drop-off in construction in Panama is being cited as the main reason for the depressed cement sector in the 1H19. According to data from the General Comptroller of the Repub...
Greek construction starts recovery in May
The Greek construction sector saw building permits rise by 7.4 per cent in May, according to the statistics agency ELSTAT. There were 1453 building permits issued in the month c...
Adelaide Brighton updates its forecast for 2019
Australia’s Adelaide Brighton has issued a profit warning for the 2019 period, stating that its underlying profit is expected to fall around 37 per cent YoY to AUD120-130m (US$8...
Siam Cement Group Cambodian sales revenues top US$226m in 1H19
Siam Cement Group Public Co (SCG) announced sales revenues of US$226m in Cambodia in 1H19, an increase of 11 per cent on 1H18, mainly due to higher cement sales. SCG raised US$1...
FDI in Pakistan's cement and construction industries continues to slide
The State Bank of Pakistan (SBP) has reported a massive decline of net foreign investment for local industries, including cement and construction, between July 2018-May 2019. Ac...
Bangladesh cement producers look for relief in coming budget
The Bangladesh Association of Construction Industry and Bangladesh Cement Manufacturers Association have submitted their demands for the incorporation in the coming July 2019-Ju...
Russia: time for change Premium
While Russia’s economy has stabilised following several years of recession, domestic cement demand is expected to only return to growth in 2020. Meanwhile, trading volumes have ...
Zimbabwe's construction contracts in 4Q18
Zimbabwe's construction industry contracted by 6.3 percentage points last year. A Treasury report cited cement shortages and high prices of construction materials for the slowdo...