S.Korea’s Hyundai Motor seeks to buy construction firm

South Korea‘s top carmaker Hyundai Motor confirmed Monday it will bid for a troubled construction firm, setting the stage for a bidding war with its former parent Hyundai Group. Hyundai Motor said in a statement it would seek a major stake in Hyundai Engineering and Construction to strengthen its “future business opportunities and diversify its […]

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Vietnam’s capital, Hanoi, starts work on its first rail line

Vietnam’s capital, Hanoi, starts work on its first rail line HANOI, Vietnam – State media are reporting that Vietnam‘s capital has begun work on its first rail line. The Vietnam News said Monday that the 7.8-mile (12.5-kilometre) line will connect the fast-growing western part of Hanoi with the central train station. It will cost $1 […]

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Politics may block popular MRTA incumbent’s governorship bid

THE NATION Published on September 21, 2010 Prapat Chongsanguan’s prospects for returning as governor of the Mass Rapid Transit Authority look dim, as he seems to have failed to gain the support of key politicians, a source said yesterday. The former governor has the backing of the MRTA’s staff, the source from the agency said. […]

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Thailand’s fire-damaged CentralWorld complex to reopen September 28

Thailand‘s fire-damaged CentralWorld complex to reopen September 28 Thailand‘s CentralWorld shopping complex –the country’s largest– will reopen for shoppers September 28, according to Central Pattana president and chief executive officer, Kobchai Chirathivat.CentralWorld, Thailand’s largest shopping complex and the second largest in Southeast Asia, was set afire by allegedly disgruntled Red Shirt protesters after their protest […]

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