Construction

From 206 BCE to 220 CE, China’s Han dynasty fostered a booming trade industry for silk, a precious commodity in high demand among the elites of the Mediterranean. The Silk Road was the name given to the network of trade routes connecting the East and West at the time. Later, spices and other precious cargo would be traded using the system,...

After several years of slower growth, Oman’s construction sector looks set to bounce back as the government continues investment in infrastructure, tourism, housing and energy extraction. Strong private sector activity in the retail market is also creating a promising pipeline of construction work on shopping malls and other commercial...

Urbanisation is a mega-trend redefining contemporary life in both developed and emerging markets across the world. This mass rural-to-urban movement of people and expansion of cities to absorb formerly isolated villages is a relatively recent phenomenon, at least in the developing world.

In January 2019 the Central Bank of Myanmar (CBM) gave the green light for banks to raise the share of home loans in their portfolios to 5% of the total and to extend debt instrument maturities beyond the previous limit of three years. The move saw credit extended to the real estate sector surge by 200% in the first quarter, albeit from a...

From 206 BCE to 220 CE, China’s Han dynasty fostered a booming trade industry in silk, a precious commodity in high demand among the elites of the Mediterranean. The Silk Road was the name given to the network of trade routes connecting the East and West at the time. Later, spices and other precious cargo would be traded using the system,...

Mandalay is booming on the back of rising international investment and government efforts to foster the northern city as an engine of national growth. Local officials expect the economy to grow by 8.1% in 2019, outpacing national GDP growth of 6.1% and the city’s 2018 growth rate of 7.2%, the regional chief minister, U Zaw Myint Maung, told...