In today’s briefing:
- Ohayo Japan | Ukraine Stages Attack on Russian Bombers
- Japan Morning Connection: Hope for Trump-Xi Call Lifts Markets off the Lows
- How MoRTH’s New Bidding Norm Can Change the Competitive EPC Sector?
Ohayo Japan | Ukraine Stages Attack on Russian Bombers
- Despite volatility driven by Trump’s shifting remarks on China trade, the S&P 500 and Nasdaq ended Friday nearly flat, closing out their best month since November 2023.
- Ukraine launched a major drone attack on Russian military bombers in Siberia, hitting over 40 warplanes at four airfields.
- NEC announced plans to increase revenue for its digital transformation business “Blue Stella” to 1 trillion yen, representing 84% growth from fiscal 2025
Japan Morning Connection: Hope for Trump-Xi Call Lifts Markets off the Lows
- TSMC planning a fab in UAE not enough to lift semi-cap names Friday.
- New Switch on Thursday and the Summer Game Fest on Friday points to upside for laggard developers this week.
- ISpace set to deliver UNESCO cultural hard drive to the moon this Friday.
How MoRTH’s New Bidding Norm Can Change the Competitive EPC Sector?
- The Ministry of Road Transport & Highways(MoRTH) has revised bidding norms for central government road projects, effective April 30, 2025, removing the APS cap and lowering the trigger.
- The EPC sector faced intense competition and aggressive underbidding from less stringent standards, causing project delays and quality issues.
- These changes aim to deter unsustainable bids, prevent margin erosion, filter speculative players, ease competition, and improve project execution and quality.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
