Siemens on a Thai mission

Local subsidiary of German maker of trains and turbines to bid for mass transport, power plant projects Siemens Thailand chief executive Markus Lorenzini says Siemens AG’s plan to cut costs by €1 billion by 2020 would have minimal impact on the operation of Siemens Thailand since the company is still performing well. Siemens Ltd Thailand, […]

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Malaysian firm JV wins contract to build new domestic terminal in Cambodia

The construction joint venture company formed by Vinci Group and Muhibbah Engineering (M) Bhd have secured a US$23mil (RM88mil) contract from Societe Concessionnaire De L’Aeroport. The joint venture consortium with a 70:30 equity interest will design and construct a new domestic terminal at the Phnom Penh Airport in Cambodia. In a filing with Bursa Malaysia, […]

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Asia’s Energy evolution

Renewable energy sources are gaining ground in Asia but making much more efficient use of conventional sources remains an important priority. Growing awareness of the impact of air pollution and global warming have been driving more investments in energy from renewable sources and moving green energy to the top of many government policy agendas. In […]

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