Tag: Construction
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Economy rebounds with 1.1% growth in September quarter
Overview: The economy rebounds with 1.1% growth The latest data shows the economy expanding by 1.1% in the September quarter, aided by stronger activity across business services, manufacturing and construction. The pace marks a solid rebound after a revised contraction in the prior quarter and outpaces economists’ expectations for a rise between 0.8% and 1.0%.…
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Economy rebounds with 1.1% September quarter growth
Solid Step Forward for the Economy in the September Quarter The economy rebounded with a 1.1% expansion in the September quarter, according to latest data. This quarterly growth figure surpasses market expectations, which had penciled in an increase of roughly 0.8% to 1.0%. The annual pace also picked up, with the economy 1.3% higher than…
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Economy Rebounds: 1.1% Growth in September Quarter Drives Upbeat Outlook
Strong Q3 Performance Lifts Economic Sentiment The economy edged up by 1.1% in the September quarter, defying expectations and signaling renewed momentum after a tougher spell earlier in the year. The quarterly rise, paired with a year-on-year increase of 1.3%, suggests the economy is regaining some of its footing, supported by a broad mix of…
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Windhoek Building Approvals Dip in November, Signals Slower Construction Momentum
November Building Approvals in Windhoek Fall Short of October Windhoek’s construction activity showed signs of cooling in November as the City Council approved 153 building plans valued at N$123.9 million. This marks a decrease of 33 approvals compared with October, underscoring a softer month for development activity in the Namibian capital. The month-on-month drop in…
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Windhoek Building Approvals Fall in November
November brought a cooling in Windhoek’s construction pipeline The City of Windhoek approved 153 building plans in November, valued at N$123.9 million. This marks a drop of 33 approvals compared with October, signaling a softer month for new construction starts in Namibia’s capital. As a barometer for the local property and construction markets, the November…
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Singapore Economists Lift Growth Forecasts for 2025 and 2026 in MAS Survey
Overview: Upbeat View on Singapore’s Economic Path Private sector economists have nudged up their growth projections for Singapore for the next two years, according to the latest survey from the Monetary Authority of Singapore (MAS). The consensus now points to a 4.1% expansion in 2025 and a 2.3% rise in 2026, an improvement from earlier…
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Economists Upgrade Singapore Growth Forecasts for 2025 and 2026: MAS Survey Insights
Singapore Economists Boost Growth Outlook for 2025 and 2026 Private sector economists in Singapore have nudged up their growth projections for the economy, projecting expansions of 4.1% in 2025 and 2.3% in 2026. The upgrade comes as the MAS survey signals optimistic momentum across key sectors, including exports, manufacturing, finance, construction, and wholesale trade. The…
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Economists Lift Singapore Growth Forecasts for 2025 and 2026: MAS Survey
Singapore’s growth outlook improves as MAS survey raises forecasts Private sector economists in Singapore have nudged up their growth projections for the city-state, signaling a steadier expansion path for 2025 and 2026. In the latest MAS (Monetary Authority of Singapore) survey, economists forecast Singapore’s economy to expand by 4.1% in 2025 and 2.3% in 2026,…
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Breaking Ground: Recycled Sand and Gravel Could Extend Building Lifespans
Rethinking Construction Waste In a world increasingly focused on sustainable development, a breakthrough from Chinese researchers is turning demolition debris into a new backbone for modern buildings. By repurposing sand and gravel recovered from demolished structures, scientists are creating materials that not only reduce waste but also enhance the longevity of new construction. This approach…
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Recycled Sand and Gravel in Construction: Extending Building Lifespans
A Breakthrough in Construction Materials Researchers are turning the tide in construction science by developing materials that significantly extend the lifespan of buildings. The focus is on repurposed aggregates—sand and gravel salvaged from demolished structures—that would otherwise become waste. This approach not only addresses a mounting problem of debris but also reduces the demand for…