Recent Posts

Estonia blocks $1.9b wind park at sea on security concerns

Bloomberg The Estonian government has decided not to proceed with an application for a 600-megawatt wind farm by developer Saare Wind Energy OU, citing security concerns. The company had been drawing up plans for four years and had applied for a 50-year building permit for 100 six-megawatt turbines off the island of Saaremaa. The cost of the project was estimated ...

Read More »

Mass production of iPhones to start in India

Bloomberg Foxconn Technology Group Chairman Terry Gou said the iPhone will go into mass production in India this year, a shift for the largest assembler of Apple Inc’s handsets that has long concentrated production in China. Gou said that Prime Minister Narendra Modi has invited him to India as his Taiwanese company plans its expansion in the country. Apple has ...

Read More »

Singapore home sales surge as developers market new projects

Bloomberg Private-home sales in Singapore soared in March as developers marketed more projects after a typically slower February that included the Chinese Lunar New Year holiday. Developers sold 1,054 units last month, more than double the 455 in February, the Urban Redevelopment Authority said in a statement. Residential home prices decreased for a second straight quarter in the three months ...

Read More »
Send this to a friend