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South Korean Corporations Withdraw from China Amid Economic and Regulatory Challenges

South Korean Corporations Withdraw from China Amid Economic and Regulatory Challenges

Major South Korean companies are retracting their operations from China due to diminishing profits, increased regulatory pressures, and retaliatory actions by the Chinese government, leading to a significant decline in South Korean direct investment.

Vietnam Announces 2023 National Construction Price Index

Vietnam Announces 2023 National Construction Price Index

The Ministry of Construction of Vietnam has released the national construction price index for the year 2023, providing a crucial metric for the construction industry's pricing trends across the country.

Global Cement Industry Unites in Paris for Worldwide Decarbonization

Global Cement Industry Unites in Paris for Worldwide Decarbonization

The global cement sector convened in Paris to develop a joint action framework aimed at decarbonizing the building industry, emphasizing sustainable, carbon-neutral construction by 2050.

Cement Shortages Resolved in Zimbabwe as Government Halts Import Licenses to Boost Local Industry

Cement Shortages Resolved in Zimbabwe as Government Halts Import Licenses to Boost Local Industry

The government of Zimbabwe has taken decisive action to address cement shortages in the country by halting import licenses and focusing on boosting the local industry.

Major Developments in Nigeria's Cement Industry: Dangote, BUA, and Other Companies After Meeting with Tinubu

Major Developments in Nigeria's Cement Industry: Dangote, BUA, and Other Companies After Meeting with Tinubu

In a recent meeting with prominent figures in Nigeria's cement industry, including Dangote Cement, BUA Group, and other key players, discussions centered around the future of the sector.

EU's Carbon Tax Plan: Limited Impact on Emissions and Challenges for Asia

EU's Carbon Tax Plan: Limited Impact on Emissions and Challenges for Asia

The European Union's (EU) plan to impose taxes on high-carbon imports could affect the economies of developing countries in Asia, according to a report by the Asian Development Bank (ADB).

Nigerian Government Threatens Action to Address Cement Price Surge

Nigerian Government Threatens Action to Address Cement Price Surge

The Nigerian government considers opening borders for cement imports as a measure to counteract the rising cement prices, potentially affecting major producers like Dangote and BUA.