Propelled by soaring orders from power plants to luxury condominiums, Hyundai Engineering & Construction is expected to post record overseas orders this year.
The country’s third-largest builder by total assets secured $3.4 billion worth of overseas orders at the end of September this year. The figure has already surpassed the company’s yearly target.
“Thanks to many orders [...]

ACTIVITY in Australia’s construction sector deteriorated last month after a fall in new business, but stable interest rates this year should provide a platform for recovery.
The Australian Industry Group/Housing Industry Association (HIA) performance of construction index (PCI) fell 3.7 points to 48.4 in January, below the 50 point level separating expansion from contraction.
Ai Group economic [...]