Developers push for production materials to be made locally

The boom in construction has prompted local developers to press for the production of home-grown building materials. They say manufacturing steel and cement here instead of importing them could cut costs and create jobs. Recent economic reform have made construction sector the most developed sector of the economy, and attracted many foreign developers. “The construction […]

Siam Cement Using Cash Pile to Grow in Indonesia & Myanmar

Siam Cement, Asia’s biggest cement producer by market value, plans to buy as many as five companies in Southeast Asia as rising incomes boost demand for homes and governments increase spending on infrastructure. Bangkok-based Siam Cement is in talks with companies including a building-materials producer in Vietnam, President Kan Trakulhoon said, without naming them. The […]