Friday , November 29 2024

Recent Posts

South Korea raises interest rate to tame inflation

South Korea raises interest rate to tame inflation

South Korea’s central bank on Thursday raised its key interest rate to the highest level since August 2019 to tame rising inflation, especially soaring energy costs linked to the Ukraine crisis. The Bank of Korea (BOK) raised the borrowing cost to 1.5 percent — its third hike in less than …

Read More »

Mining company seeks to expand alumina production by a fourth

Mining company seeks to expand alumina production by a fourth

Vietnam’s alumina production could increase to 800,000 tons a year if a proposal by Vinacomin is approved. The giant mineral company wants to increase the mining of bauxite, the principal ore from which aluminum is made, by 23 percent at its two mining and processing complexes in the Central Highlands, …

Read More »

Pre-engineered buildings to make a breakthrough in 2022: Pebsteel director

Adib Kouteili, co-founder and Director of PEB Steel Buildings Co., Ltd. (Pebsteel) believes in the prospects of pre-engineered buildings in 2022, given two driving forces of industrialization and urbanization post-Covid. With nearly 40 years of experience in the pre-engineered steel industry, Adib Kouteili is one of the pioneers who brought …

Read More »