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Global trade at crossroads: U.S.-China trade war a lose-lose situation, says S&P

September 7, 2018

SINGAPORE - The direct economic effects of the U.S.-China tariff dispute have so far been limited, but that may be about to change as the countries escalate their rhetoric - and their actions - in what could soon be a full-blown trade war, says a new report from global ratings agency Standard and Poors.

Leighton Asia wins $140 million Philippines tollway project

August 28, 2018

MANILA - CIMIC Group company, Leighton Asia, has been selected by NLEX Corporation to construct the North Luzon Expressway (NLEX) Harbour Link Segment 10 – R10 Exit Ramp project in the Philippines. Revenue to Leighton Asia, which is part of CIMIC Group construction company CPB Contractors, will be approximately AUD140 million.

Advanced works have commenced and the project is scheduled to be completed in late 2019.