construction sector

New Zealand central bank leaves interest rate unchanged


September 13th, 2012 - 2:24 pm ICT by IANS
Wellington, Sep 13 (IANS) New Zealand's central bank Thursday announced it would leave its interest rate unchanged at its historic low of 2.5 percent in the face of a poor ... Read more...

Posted in Business |

Quick decisions needed to boost investments: Chidambaram


August 31st, 2012 - 5:17 pm ICT by IANS
New Delhi, Aug 31 (IANS) Finance Minister P. Chidambaram Friday said quick decisions are needed to accelerate investments, especially in the manufacturing sector, a major drag on the country's ... Read more...

Posted in Business |

Kerala’s Onam gesture to migrant labour


August 23rd, 2012 - 12:11 am ICT by IANS
Thiruvananthapuram, Aug 22 (IANS) Kerala made a magnanimous gesture Wednesday by deciding to give a free Onam kit to an estimated one million migrants currently working in the state."I made ... Read more...

Posted in Politics |

Now, workforce a major bottleneck for realty development (Comment)


August 5th, 2012 - 12:25 pm ICT by IANS
The Indian realty and construction sectors, which together contribute 17.5 percent to the country's gross domestic product (GDP) and growing at an enviable 35 percent per annum, now face a serious ... Read more...

Posted in Business |

US housing market ready to rebound


July 19th, 2012 - 3:03 pm ICT by IANS
Washington, July 19 (IANS) The US housing sector was ready to get back to work while the construction industry continued to struggle on the jobs front, said the US mortgage ... Read more...

Posted in Business |

Policies should be flexible, says PM


July 14th, 2012 - 7:04 pm ICT by IANS
New Delhi, July 14 (IANS) Prime Minister Manmohan Singh Saturday said that policies should be flexible, scientific and have a community-based approach to meet local needs."The challenge before policy ... Read more...

Posted in Business |

Britain’s construction sector contracts


July 4th, 2012 - 2:08 pm ICT by IANS
London, July 4 (IANS) The construction sector in Britain saw the sharpest fall in June for two and a half years, said a Markit/CIPS market sensitive survey report.The Markit/CIPS Construction ... Read more...

Posted in Business |

South Korea’s industrial output grows


June 29th, 2012 - 1:53 pm ICT by IANS
Seoul, June 29 (IANS) South Korea's industrial output grew 1.6 percent last month from a year earlier due to an expansion in both manufacturing and service industries that offset sluggish ... Read more...

Posted in Business |

Singapore’s economic growth in Q1 faster than expected


April 13th, 2012 - 1:33 pm ICT by IANS
Singapore, April 13 (IANS) Singapore's economy grew by a faster-than-expected 1.6 percent year on year in the first quarter, mainly thanks to improvements in the manufacturing sector, according to advance ... Read more...

Posted in Business |

Australian manufacturing activity contracts


April 2nd, 2012 - 4:50 pm ICT by IANS
Sydney, April 2 (IANS) The Australian manufacturing sector moved into negative territory in March as softer demand dampened activity in the sector, a survey released Monday by the Australian Industry ... Read more...

Posted in Business |

Salvadoran remittances rise


March 24th, 2012 - 12:48 pm ICT by IANS
San Salvador, March 24 (IANS/EFE) Remittances to El Salvador rose 10.1 percent in the first two months of this year compared with the same period in 2011, the nation's central ... Read more...

Posted in Business |

Industrial growth to pick up with inflation easing


March 15th, 2012 - 7:05 pm ICT by IANS
New Delhi, March 15 (IANS) Industrial growth during the current financial year is pegged at 4-5 percent, less than the annual growth rates achieved in the recent past, but ... Read more...

Posted in Business |

Wen urges cooperation to address trade imbalance with US


March 14th, 2012 - 1:49 pm ICT by IANS
Beijing, March 14 (IANS) Cooperation is the way to address trade imbalance between China and the US as well as the difficulties and frictions arising from it, Chinese Premier Wen ... Read more...

Posted in Business |

Honicel India to make furniture out of recycled paper


March 6th, 2012 - 8:18 pm ICT by IANS
Chennai, March 6 (IANS) A door, tables and other furniture made of recycled paper? Well, city-based Honicel India is planning precisely that with its honeycomb products.The company's Rs.60-crore, 9,000-tonne factory ... Read more...

Posted in Business |

South Africa to create 100,000 jobs in infrastructure


March 2nd, 2012 - 1:37 pm ICT by IANS
Pretoria, March 2 (IANS) Around 50,000 to 100,000 people may get new jobs in the construction sector in South Africa in the government goes ahead with its large-scale infrastructure plan, ... Read more...

Posted in Business |

UAE to set up training centres in India


February 22nd, 2012 - 1:11 am ICT by IANS
Abu Dhabi, Feb 21 (IANS/WAM) To control the flow of unskilled workers into the country's construction sector and bypass private recruitment agencies, the UAE would set up training centres in ... Read more...

Posted in Uncategorized |

Mexico’s economy grew in 2011


February 17th, 2012 - 11:07 am ICT by IANS
Mexico City, Feb 17 (IANS/EFE) Mexico's gross domestic product grew 3.9 percent last year, the state-run National Institute of Statistics and Geography, or INEGI, said Thursday.The construction sector advanced 4.6 ... Read more...

Posted in Business |

German industrial output shrinks


February 8th, 2012 - 2:18 pm ICT by IANS
Berlin, Feb 8 (IANS) German industrial output fell steeper than expected in December, posting the largest drop in three years, official data showed.The Ministry of Economy reported that German industrial ... Read more...

Posted in Uncategorized |

Over 250 northeast youths get capacity building training


January 18th, 2012 - 6:31 pm ICT by IANS
Agartala, Jan 18 (IANS) Over 200 educated and poor youths of northeast India have been trained in the last two years under a central government scheme to create jobs in ... Read more...

Posted in Uncategorized |

Mexico’s industrial production rises


December 13th, 2011 - 11:23 am ICT by IANS
Mexico City, Dec 13 (IANS/EFE) Mexico's industrial production rose 3.3 percent in October, compared to the same month in 2010, the National Institute of Statistics and Geography, or INEGI, said ... Read more...

Posted in Business |

India downgrades 2011-12 economic growth to 7.5 percent


December 9th, 2011 - 6:06 pm ICT by IANS
New Delhi, Dec 9 (IANS) The government Friday officially downgraded the gross domestic product (GDP) growth rate to around 7.5 percent for the current fiscal, citing the domestic slowdown ... Read more...

Posted in Business |

Economic growth still slow to moderate: US


December 1st, 2011 - 12:11 pm ICT by IANS
Washington, Dec 1 (IANS/EFE) The rate of economic growth in the US continues to be "slow to moderate" in all but one of the 12 Federal Reserve Districts, the central ... Read more...

Posted in Business |

India’s quarterly growth retards to two-year low (Roundup)


November 30th, 2011 - 7:02 pm ICT by IANS
New Delhi, Nov 30 (IANS) In line with fears voiced by India Inc, the country's economic growth retarded to the slowest pace in two years, at 6.9 percent for ... Read more...

Posted in Uncategorized |

Singapore forecasts up to 3 percent growth for 2012


November 21st, 2011 - 3:56 pm ICT by IANS
Singapore, Nov 21 (IANS) The Singapore economy is expected to grow by 1 to 3 percent next year on weak external demand and sluggish global economy, the Ministry of Trade ... Read more...

Posted in Business |

Australian business conditions down in October


November 8th, 2011 - 1:41 pm ICT by IANS
Sydney, Nov 8 (IANS) Australian business conditions weakened in contrast with increased confidence in October, according to survey results released Tuesday by National Australia Bank (NAB).The NAB's Monthly Business Survey ... Read more...

Posted in Uncategorized |

Spanish economy stalls


November 1st, 2011 - 11:04 am ICT by IANS
Madrid, Nov 1 (IANS/EFE) The Spanish economy did not grow at all in the third quarter compared with the previous three months and expanded only 0.7 percent in the 12 ... Read more...

Posted in Business |

India-European Union seminar on employment from Monday


September 17th, 2011 - 11:09 pm ICT by IANS
New Delhi, Sep 17 (IANS) The fifth India-European Union seminar on "Employment and Social Policy - Occupational Safety and Health" will be inaugurated by Labour and Employment Minister Mallikarjun Kharge ... Read more...

Posted in Business |

Bangladesh to send workers to Iraq through government


August 30th, 2011 - 9:11 am ICT by IANS
Dhaka, Aug 30 (IANS) Bangladesh has decided to send workers to Iraq under government arrangements and not through private agencies in a bid to avoid malpractices, a minister has said.Currently, ... Read more...

Posted in World |

245 infrastructure projects awaiting green nod


August 3rd, 2011 - 11:13 pm ICT by IANS
New Delhi, Aug 3 (IANS) About 245 infrastructure projects -- a majority of them in the mining sector -- are pending with the environment ministry, officials said Wednesday.Of the 245 ... Read more...

Posted in Uncategorized |

Berger Paints to infuse Rs.100 crore to hike production


August 2nd, 2011 - 11:30 pm ICT by IANS
Kolkata, Aug 2 (IANS) Aiming to double its installed capacity in the next two fiscals, Berger Paints plans to pump in Rs.100 crore in 2011-12 to ramp up production, a ... Read more...

Posted in Business |

North Korea shuts down varsities for 10 months


June 28th, 2011 - 10:16 pm ICT by IANS
London, June 28 (IANS) North Korea has shut down all universities for the next 10 months and sent students to work in factories, agriculture and in the construction sector in ... Read more...

Posted in Politics |

Tata steel to shelve 1,500 jobs in UK factory


May 20th, 2011 - 7:36 pm ICT by IANS
Mumbai, May 20 (IANS) Indian steel major Tata Steel Friday said it will lay-off around 1,500 employees at its UK plants owing to a continued slump in demand, even as ... Read more...

Posted in World |

Free trade with Asean to open up bigger prospects


May 15th, 2011 - 1:08 pm ICT by IANS
New Delhi, May 15 (IANS) The India-Asean (Association of Southeast Asian Nations) Free Trade Agreement (FTA) will open up a host of business opportunities for Indian industry, especially in ... Read more...

Posted in Business |

Australian, Indian experts discuss energy efficiency


April 11th, 2011 - 7:00 pm ICT by IANS
New Delhi, April 11 (IANS) Australian and Indian experts discussed energy efficiency strategies at a two-day workshop that began here Monday.Organised jointly by the Australian Academy of Technological Sciences and ... Read more...

Posted in Environment |

Laundry staff on offshore construction projects in Oz to earn $420K yearly


March 25th, 2011 - 3:05 pm ICT by ANI
Melbourne, Mar 25 (ANI): A survey has revealed that laundry hands and cooks employed on offshore construction projects in Australia will potentially earn more than 420,000 dollars a year.Employers claim the extraordinary ... Read more...

Posted in World |

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