Blog

In May 2019, Singapore and Malaysia signed a supplementary agreement to suspend the construction of the Johor Bahru-Singapore Rapid Transit System (RTS) Link Project until 30 September and an additional of one-month extension to the suspension until end of October 2019.

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The Urban Redevelopment Authority (URA) celebrates the 30th anniversary of its Conservation Programme, together with stakeholders and partners at the Urban Redevelopment Authority’s Architectural Heritage Awards (AHA) on 21 October 2019.

Minister for Social and Family Development and Second Minister for National Development, Desmond Lee,  marked this achievement by unveiling an exhibition documenting Singapore’s conservation journey, and announcing the winner for this year’s AHA.

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Event:  RICS Real Estate Investment-Risk Management Summit 2019

Date: 29 November 2019 (Friday)
Fee: From HK$1,400
Registration enquiry: Ms Karina Cheung (kcheung@rics.org)
Sponsor enquiry: Ms Karina Cheung (kcheung@rics.org)/  Mr Peter Au (pau@rics.org)

After a decade of expansion, Asia’s real estate markets are facing rising headwinds. Increases in barriers to trade, uncertainty and debt are all contributing headwinds. As traditional lenders face more stringent regulations, alternative forms of financing have emerged to fill the void, resulting in different types of risk.

Combined with interest rates that appear to be “lower for longer”, the competition for assets in Asia Pacific’s established real estate hubs has intensified. Some market participants have reacted by altering their risk appetites, looking towards new locations and alternative assets in their search for yield. When paired with more balance between west and east in the global economic order, this appears to have resulted in a change in the established patterns of capital flows.

Our expert speakers will explore investment strategies in the real estate asset class, its place in multi-asset portfolios, as well as allocations between traditional and alternative real estate assets.

Highlighted topics

Session one: The global economic outlook

• The macroeconomic and geopolitics shaping Hong Kong’s market
• RICS Global Monitor: International real estate investment market analysis

Session two: Risk management in real estate investment

• Challenges faced by CIOs and risk departments in real estate investment
• Emerging risks for 2020 and beyond

Session three: Utilising data and technologies to inform investment

• Availability and accuracy of data and its importance to investment
• Panel discussion: the application of FinTech in property investment

Session four: A shifting investment landscape and real estate’s place within it

• Hong Kong’s investor appetite – changes and opportunities
• Panel Discussion: Diversification with the real estate investment class

Website: rics.org/riskconfhk

Green Building Award 2019 – Award Presentation Dinner

Date: 5 November 2019 (Tuesday)
Venue: JW Marriott Ballroom, Level 3, JW Marriott Hotel Hong Kong
Time:
6:30pm – 7:30pm    Cocktail Reception |
7:30pm – 10:30pm   Dinner and Award Presentation Ceremony

Contents:
The Green Building Award is jointly organised by the Professional Green Building Council (PGBC) and the Hong Kong Green Building Council (HKGBC). Inaugurated by PGBC in 2006, the Award aims to provide recognition to building-related projects and organisation with outstanding performance and contributions in sustainability and the built environment and also to transform the mainstream market towards wider adoption of sustainable planning, design, construction, management, operation, maintenance, renovation and decommissioning of buildings.

With the theme of ‘Inspiring the Next Generation • Excellence in Sustainable Built Environment’, the Green Building Award 2019 (GBA 2019) with an award presentation dinner will be held on 5 November this year. We are most honoured to have the presence and participation of Mr Michael WONG Wai-lun, Secretary for Development as the Guest-of-Honour and Honorary Advisor and Mr WONG Kam-sing, Secretary for Environment as Special VIP Guest of the Dinner.

Please visit http://gba.org.hk/  to learn more about the Award!

Pertubuhan Akitek Malaysia (PAM) highlighted in a statement that it welcomes Malaysia Government’s effort following the 2020 Budget announcement on 11 October 2019. The announcement includes initiatives such as housing; development projects; Sustainable Development Goals (SDG); digital infrastructure; and gender equity.

PAM looks forward to the many new or revived development projects such as the rail transportation project (ECRL); Bandar Malaysia township; upgrading of airports; Carey Island development to build the Port Klang maritime centre and cargo logistics hub; new sports facilities; and so on.

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HKTDC Hong Kong International Outdoor and Tech Light Expo
Date
29 Oct-1 Nov 2019

Venue
AsiaWorld-Expo
Hong Kong International Airport, Lantau, Hong Kong

Hospitality Indonesia 2019

Dates:      23-26 October 2019
Venue:    Jakarta International EXPO (JIE) Kemayoran, Jakarta Pusat.

Hospitality Indonesia is a premier international showcase of hospitality suppliers and design in Indonesia. Hospitality Indonesia aims to define the future of hospitality design through introducing key design trends, not only to design-related individuals, but also to wider public. As a platform, we gather interior designers, architects and other stakeholders in hospitality industries to brainstorm together to create intriguing conversations about innovations, technology, materials, suppliers, as well as inspirations and knowledge.

Furniture & Craft Indonesia

Together with Indonesia Furniture & Craft Promotion Forum (IFPF), Furniture & Craft Indonesia aims to be a one-stop international destination and Southeast Asia’s leader for furniture and furnishing sourcing in October. The exhibition will gather top-notch manufacturers and designers of furniture, furnishing, craft, gift and accessories.

Mozaik Indonesia

This exhibition is a perfect ecosystem for project-based lifestyle interior and product design professionals with global minded. As a leading trade event for lifestyle interior, design and projects in Indonesia, Mozaik Indonesia creates a momentum for innovative and smart design solutions that will shape future trends in the interior design industries.

Hotel Sourcing Indonesia

As a design-oriented non-F&B hotel suppliers exhibition in Indonesia, Hotel Sourcing Indonesia offers an extensive and in-depth insights about supplying market in hospitality industries. The exhibition will connect architects, interior designers, hoteliers, commercial designers, developers and other professionals to explore projects resources, as well as product and service suppliers under one roof.

More info:  www.hospitality-indonesia.com

The Architecture & Building Services (ABS) 2019 series was officially launched at Marina Bay Sands Singapore Expo & Convention Centre on 1 October 2019. The event was opened by the guest of honour Zagy Mohamad, Minister of State, Ministry of National Development & Ministry of Manpower, and Deputy Government Whip. The ABS 2019 series was driven by ArchXpo 2019, along with five other international showcases, International Facility Management Expo (iFaME) 2019, LED & Light Asia 2019, Safety and Security Asia (SSA) 2019, Fire & Disaster Asia (FDA) 2019, and Work Safe Asia (WSA) 2019.

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The construction sector in Singapore has emerged as the only resilient sector with a positive outlook, registering positive growth and hiring expectation, according to the quarterly SBF-Experian Index by Singapore Business Federation.

The global economy has slowed due to the prolonged uncertainties caused by the ongoing US and China economic conflict that has significantly impacted trade-oriented economies such as Singapore.

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Indonesia’s Energy & Engineering shows open to public

Support Sustainable Development for Indonesia

Jakarta, September 18th, 2019 – PT Pamerindo Indonesia proudly announce the opening of Indonesia Energy and Engineering Shows to the public today. The international exhibition contains 5 shows namely Mining Indonesia, Oil and Gas Indonesia, Construction Indonesia, Concrete Show South East Asia, and Marintec Indonesia. The series of exhibition is aiming to support and facilitate the industry’s efforts to support sustainable development for Indonesia.

With a showcase that spans across 60,000 sqm of exhibit space, Indonesia Energy & Engineering exhibition is set to be the largest trade exhibition in Indonesia dedicated to the energy & engineering industry bringing over 1,400 exhibiting companies from 39 countries worldwide as well as 15 country pavilions. This event is a strong reflection on the stature of Indonesia in the eyes of the world as well as its contribution to the Indonesian economy.

Maysia Stephanie, Event Director of PT Pamerindo Indonesia, said, “We have at present 5 highly segmented events serving the mining, oil & gas, maritime and construction sectors converged as one flagship event “Indonesia Energy & Engineering exhibition” presenting cutting edge technologies and solutions needed for entire supply chain to boost Indonesia’s competitiveness in the region while doing it sustainably.

“Sustainable development is a responsibility of all stakeholders in the industry. We understand that, at times, will pose as a challenge. Indonesia Energy & Engineering event is held to serve as platform for industry players and all stakeholders to share thoughts, engage and form mutually beneficial partnerships to realize sustainable development in Indonesia,” adding Maysia.

Managing Director Andrew Wong, as the representative of the Oil & Gas Industry from Swagelok Indonesia expressed, “Every year the technical challenges grow more complex. Nothing is getting easier in the oil and gas industry here in Indonesia as well as the world. We are facing: deeper wells, higher temperature, pressure, and more corrosive environment. Demanding standards, regulations and other forms of scrutiny and liability are our main concerns in providing a healthy, safe, environmentally friendly exploitation of natural resources and at optimise cost.”

“The infrastructure, agribusiness and forestry sector in 2019 is predicted to remain positive and continue even though 2019 is a political year. Medium and long-term construction projects still require investment in equipment. While for the mining sector, although the trend is slightly declining, the potential and prospects are still positive, Kobelco is a wellknown producer of heavy equipment in the world, especially Hydraulic Excavators and Cranes which are known to be powerful, agile, and very economical in fuel use. “Besides, Kobelco products are also very suitable for the tropical climate because they have been adapted to the climate in Indonesia so that the completeness and combination certainly contribute to development in Indonesia in reducing pollution caused by exhaust emissions or being environmentally friendly,” adding Budiono Wibowo, East Territory Director PT Daya Kobelco Construction Machinery Indonesia (Kobelco).

On this occasion, Eddy Kurniawan Logam, Chairperson of IPERINDO, said, “Since azaz cabotage we have seen a steady import of seafaring vessels into Indonesia, creating a trade deficit amounting to $13.10 Billion in 2018. IPERINDO hopes that the government will take drastic action to empower the Indonesia Maritime Industry by establishing favorable tax, fiscal, and financing regulations. Eddy also added, “When the Indonesian Maritime Industry grows, it can meet the nation’s demand in seafaring vessels, and in the future it might even export vessels to other countries. When that day comes we will not see a deficit in the trade balance, but we will generate a trade surplus for Indonesia. This is where Marintec Indonesia plays a pivotal role to facilitate the industry towards this journey.”

Dr. Ir. Hari Nugraha Nurjaman, M.T, Chairman of Indonesian Association of Precast and Prestressed Engineers (IAPPI) conclude, “The number of Indonesian companies that have begun to apply the principle of sustainable development is indeed not as high as in developed countries. However, in the last 10 years, the growth has been very aggressive. Companies that want to live longer, of course, must apply the principle of sustainable development.”

The Energy & Engineering series of exhibition is now open to the public until 21 September 2019 at the Jakarta International Expo, Kemayoran, and is open every day from 10.00 am to 6.00 pm.

Indonesia Energy & Engineering Show is supported by the Ministry of Energy and Mineral Resources, Badan Penelitian dan Pengembangan Kementerian Pekerjaan Umum dan Perumahan Rakyat (PUPR), Indonesian Mining Services Association (ASPINDO), AUSMINCHAM, Bali International Arbitration & Mediation Center (BIAMC), Djakarta Mining Club, Women in Mining & Energy, Indonesian Prefabricated Precast Printing Association (AP3I), Himpunan Ahli Konstruksi Indonesia (HAKI), Perkumpulan Produsen Beton Ringan Indonesia (Proberindo), Perkumpulan Produsen Mortar Industri Indonesia (Promindo), Indonesian Welding Engineering Society (IWES), and Ikatan Perusahaan Industri Kapal dan Sarana Lepas Pantai Indonesia (IPERINDO).

For more information, please visit:

• OIL&GAS INDONESIA – oilgasindonesia.com
• MINING INDONESIA – mining-indonesia.com
• CONSTRUCTION INDONESIA – constructionindo.com
• CONCRETE SHOW SEA INDONESIA – concreteshowseasia.com
• MARINTEC INDONESIA – marintecindonesia.com

Media Contact:

Kartina Lydiawati

Marketing Communications Manager

P: +62818 689 666

E: Kartina@pamerindo.com

W: www.pamerindo.com