There is £300 million in bad debt in the UK construction industry entering 2023, which could rise to £1 billion by 2024. Research predicts more than 100 firms in the construction sector could collapse each week in 2024, exacerbating supply chain issues. A steady cash flow is crucial ...
The first pilot project to use China National Nuclear Corporation's cutting-edge third-generation ACP100 nuclear reactor has completed its preliminary design stage and is qualified for construction in Hainan province. Bangladesh signs deals with Chinese, Thai firms for metro rail project The Bangladesh...
Compared to finance, healthcare, and other industries, the real estate industry has historically lagged behind in terms of adopting AI. However, thanks to the proliferation of ChatGPT and LLM in 2023, AI experienced another resurgence in many markets, including real estate and construction project ...
BAE Systems, the 8th-largest recipient of U.S. government contracts, is a British multinational defense, security and aerospace company headquartered in Farnborough, UK. According to USASpending.gov, the company was awarded $6.9 billion in U.S. government contracts in 2011 and has already been ...
affordable housing construction and “indiscriminate” financing support to property developers (which has not worked well). The lack of more responsive and aggressive bail-outs of troubled developers foreshadows a grim outlook in 2024, as more firms will struggle to meet their financial obligations....
Sure, there's too much red tape, but there is another reason building anything is so expensive: the construction industry's "awful" productivity. By David Rotmanarchive page OpenAI’s “12 days of shipmas” tell us a lot about the AI arms race Plus a chat about how the Ukraine war is...
A building which is currently under construction is seen above a fog during a rainy day in Seoul, South Korea, July 31, 2019. REUTERS/Kim Hong-Ji/File Photo SEOUL (Reuters) - South Korea's household borrowing rose in August by the biggest amount in more than three ye...
raised a funding package, including investment from himself, the bank and the Government's Small Firms Guarantee Scheme, and started Cleanline with seven staff.Turnover in that first year reached pounds 420,000, as the company won contracts with local construction and civil engineering firms. 鈥...
The Different Causes of Falling Object Accidents at Construction Site Joseph Speering-December 31, 2024 Fighting for Justice: How Legal Experts Tackle Nursing Home Abuse Joseph Speering-December 31, 2024 The Business of Advocacy: How Legal Firms Ensure Justice for Car Accident Victims ...
Lay foundation for the construction of the Hainan Free Trade Port. By 2025: Have the free trade port system basically in place; Establish a leading business environment in China; Industrial competitiveness significantly improved and risk prevention and control strong and effective; and ...