Contractors
PalmPay Eyes Hong Kong IPO as It Pursues Global Expansion
PalmPay, an Africa-focused fintech is reportedly preparing for a potential Hong Kong initial public offering (IPO), according to a Bloomberg report, as the fintech looks to raise fresh capital to support its international expansion and strengthen its position in emerging markets. PalmPay is reportedly seeking to raise about $200 million at a more than $1
EXCLUSIVE: Families Of Detained Alleged Coup Plot Suspects Demand Probe Into Unauthorised Withdrawals, ‘Missing’ Millions From Their Bank Accounts
According to the families, evidence available to them suggests that transactions were carried out on some of the detained officers’ bank accounts without their knowledge or authorisation while they remained in military detention. Families of some Nigerian military officers standing trial over an alleged coup plot against President Bola Tinubu have called for an immediate
Man fined $8,000 for dumping household, renovation waste at Tampines heavy vehicle park, Singapore News
A man was fined $8,000 after he pleaded guilty to disposing about 1,530 kg of household and renovation waste illegally at a heavy vehicle park in Tampines. General worker Shkder Foridul was charged with one count of dumping waste from a vehicle in a public place under the Environmental Public Health Act 1987 on Tuesday
U.S. Federal Contractor’s Son Arrested in $46 Million Theft of Seized Government Crypto
John Daghita, an alleged U.S. government contractor accused of stealing more than $46 million in cryptocurrency from the U.S. Marshals Service (USMS), was arrested last night on the island of Saint Martin in a coordinated operation between the FBI and French authorities. The arrest, confirmed via tweet by FBI Director Kash Patel, involved the French
Five contractors on £1bn Guinness Partnership maintenance framework
The Guinness Partnership has awarded a £1bn planned investment and major works programme to five firms across England. The housing association signed regional deals with United Living Infrastructure Services, Fortem Solutions, Morgan Sindall Property Services, Axis Europe and Novus Property Solutions for work covering about 70,000 homes. The contracts were concluded on 18 March and
Contractors warned over Hinkley Point C fire risks
Mechanical and electrical (M&E) contractors allowed combustible material to build up on a staircase serving an emergency exit at Hinkley Point C, according to the regulator. Inspectors examining construction work at the nuclear site also found that no fire risk assessment was in place and an insufficient number of emergency exits were available for workers.
Why contractors should hire builders who can sell
This audio is auto-generated. Please let us know if you have feedback. Matt Verderamo is a consultant at Well Built Construction Consulting, a Baltimore-based firm that delivers strategic consulting, facilitation services and peer roundtables for construction executives. Opinions are the author’s own. Hiring a business development manager is a massive decision for most construction companies.
Contractors must maintain discipline and resilience as ‘new era’ dawns
The UK’s top contractors have doubled aggregate pre-tax profits to £1.92bn, according to Construction News’ CN100 index — but analysts say maintaining resilience and discipline will be key to sustaining those gains. Aggregate pre-tax profits among the leading firms have nearly doubled to £1.92bn, with average margins rising above pre-pandemic levels to 2.7 per cent.
Ten contractors win spots on £1bn decarbonisation framework
Ten firms have secured places on a £1bn retrofit and decarbonisation framework launched by procurement body South East Consortium (SEC). The four-year Decarbonisation Partnerships Framework will allow public sector bodies and housing providers in London and the South East to appoint contractors to manage and deliver carbon reduction works. The framework was procured through an
Utilities contractor’s profit held back by ‘onerous’ contract charges
Utilities and infrastructure contractor Network Plus Services has seen its turnover rise by 9 per cent to £584.8m in its latest annual accounts. However, the firm’s pre-tax profit fell from £31.7m to £24.5m over the period, largely due to restructuring charges and costs relatied to exiting what it described as an “onerous” contract. This resulted
5 Ways Contractors Win Big with Infrastructure Projects
In Short: Infrastructure projects are rapidly expanding beyond traditional builds, focusing on renewable energy, data centers, EV charging, and more. Contractors can take on infrastructure projects to build their skillset, gain higher profit margins, and scale their business faster. Tools like ConstructConnect® Project Intelligence help contractors maintain a steady project pipeline. Learn how to build
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PalmPay
PalmPay Eyes Hong Kong IPO as It Pursues Global Expansion
PalmPay, an Africa-focused fintech is reportedly preparing for a potential Hong Kong initial public offering (IPO), according to a Bloomberg report, as the fintech looks to raise fresh capital to support its international expansion and strengthen its position in emerging markets. PalmPay is reportedly seeking to raise about $200 million at a more than $1
exclusive
EXCLUSIVE: Families Of Detained Alleged Coup Plot Suspects Demand Probe Into Unauthorised Withdrawals, ‘Missing’ Millions From Their Bank Accounts
According to the families, evidence available to them suggests that transactions were carried out on some of the detained officers’ bank accounts without their knowledge or authorisation while they remained in military detention. Families of some Nigerian military officers standing trial over an alleged coup plot against President Bola Tinubu have called for an immediate
dumping
Man fined $8,000 for dumping household, renovation waste at Tampines heavy vehicle park, Singapore News
A man was fined $8,000 after he pleaded guilty to disposing about 1,530 kg of household and renovation waste illegally at a heavy vehicle park in Tampines. General worker Shkder Foridul was charged with one count of dumping waste from a vehicle in a public place under the Environmental Public Health Act 1987 on Tuesday
Beautiful
Bring a Beautiful Blend of Sparkle, Colour & Elegance to Your Big Day With This Inspo
There’s something effortlessly regal about a bridal look that gets every detail just right, and this inspo is certainly one of those looks. The stunning dress by Reniti Couture is a true statement piece, with its intricate beadwork, delicate detailing, and beautifully structured bodice adding plenty of drama to the look. We also love how
Graham's
Why Lindsey Graham’s sister isn’t a lock to hold on to his Senate seat
Just a month ago, Darline Graham was a private citizen, with a career in vocational training for disabled people. Today, she’s the junior United States senator from South Carolina, a political newcomer appointed to serve the remaining months of the term of her late brother, Lindsey Graham. And she’s running for a full six-year term
