UAE’s Cabinet approves 2026 budget including 29.2% expenditure rise
On 27 October 2025, the United Arab Emirates (UAE) Cabinet approved the 2026 federal budget, the largest in the country’s…
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South Korea unveils 2026 Budget focusing on social growth and innovation
The national budget for 2026 was presented to the cabinet on 3 September 2025. The national budget proposal for South…
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New Thai PM given mandate to hold national polls in four months
On 5 September 2025, Thailand appointed a new prime minister. The Thai House of Representatives voted with 311 votes (out…
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Dubai institutes unified, digital-first regulatory construction regime across Emirate
In July 2025, Sheikh Mohammed bin Rashid Al Maktoum, prime minister of the United Arab Emirates (UAE), issued Law No…
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Economic and political headwinds to weigh on Bolivia’s construction output
Bolivia is currently facing an economic crisis that has led to widespread social unrest throughout the nation, with the country…
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Finnish Government announces second supplementary budget
The Finnish Government submitted its second supplementary budget proposal to the Parliament on 28 May 2025, which was approved on…
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Mozambique’s Budget woes, debt and unrest may weaken the construction industry
The Council of Ministers of the Mozambique Government has approved the draft law for the Economic and Social Plan and…
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New Zealand’s 2025 Budget records a decline in operating spending to combat debt
New Zealand’s Minister of Finance delivered the country’s 2025 Budget on May 22nd, 2025, with an average allocation of NZ$1.3bn ($777.1m)…
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The structural consequences: Trump’s tariff policies’ effect on supply chains in the construction industry
In an effort to "reshore" and revitalise US manufacturing, Donald Trump’s second administration marks a decisive shift towards economic decoupling…
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China’s construction industry to face downside risks in 2025, amid Trump’s tariffs
The construction industry in China is expected to face downside risks in 2025 due to the ongoing trade war between…