Despite the Indonesian government’s decision to press on with moving the country’s capital city out of Jakarta and onto Borneo, they have not abandoned the future of Jakarta, announcing $40 billion spending over the next decade to keep it from sinking into the sea.
The economic backdrop is resilient and construction activity high
Cebu Exchange, located in Cebu City’s IT Park, is Metro Cebu’s tallest office building and the Philippines’ largest single-building office development.
The Philippines recently signed a deal with the United States government for a technical assistance grant worth roughly $700,000 aimed at implementing an intelligent transportation system.
In the public imagination, the Philippines is both familiar and distant. Known for crystalline waters and paradisiacal seascapes, it has also suffered negative publicity during the controversial tenure of Rodrigo Duterte.



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