Aug 13, 2016

Japan to fund $2.4 billion railway for congested Manila

Japan on Friday announced it is pouring $2.4 billion into a new railway aimed at easing Manila’s notorious gridlock. Japan, the Philippines’ top trading partner and source of aid, said the 38-kilometer (24-mile) elevated commuter line would connect Manila to nearby Bulacan province to ...

Aug 11, 2016

Australia to ban Chinese from leasing Sydney power grid

Australia announced on Thursday it plans to block Chinese bidders from leasing a major Sydney electricity grid on national security grounds. Treasurer Scott Morrison said Chinese state-owned State Grid Corp. and Hong Kong-registered Cheung Kong Infrastructure Group had until next Thursday to respond to ...