Explosive allegations made by a South Korean lawmaker and detailed in a leading South Korean newspaper point the finger at a leading Korean company as being responsible for hundreds of deaths and thousands of homeless in July’s Laotian dam collapse. According to ruling-party lawmaker Kim Kyung-hyup, and to a related report in the leading left-leaning Korean daily The Hankyoreh published on October 15, the company with lead responsibility for the project, SK Engineering and Construction, made dams lower than called for in plans and altered some materials in order to maximize profits. The dailyReport Must-reads from across Asia - directly to your inbox As per SK E&C documents reportedly obtained by Kim and passed on to the Hankyoreh, the company used its authority to tweak existing designs to maximize “maintenance costs and profits.” So, the heights of auxiliary dams were lowered by an average of 6.5 meters from the original design, and some construction … [Read more...] about Did Korean builder’s corner-cutting lead to Laotian dam disaster?
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Prices are updated as of 30 September 2018. You might have heard that starting next month (November), residential households islandwide will be able to pick from a variety of electricity retailers to buy electricity from. For most of us, this can be a little unnerving and confusing, since have been buying power from just one company – SP Group. What does it mean to buy electricity from a company other than SP Group? Will electricity reliability be affected? Is it compulsory to switch? With the impending launch of the Open Electricity Market island-wide, Singapore households will be able to choose from 12 electricity retailers, each offering multiple plans. Here is what you need to know about the Open Electricity Market, and an overview of the choices available so you can make the best choice for your household’s needs. 5-Minute Explanation: How Electricity Is Produced And Sold In Singapore In order to understand what … [Read more...] about A complete guide to choosing the best Open Electricity Market (OEM) plan for your home
caption Cornell Tech grad students John Quinn, Noshin Nisa, Kiyan Rajabi, and Carolina Peisch talk before their Startup Studio class. source Harrison Jacobs/Business Insider Cornell Tech is a new graduate school in New York City that wants to “build a better digital future.” The Studio Program, the school’s core curriculum, helps students build a company from conception to prototype. Over Cornell Tech’s six-year history, 40 startups have raised around $32 million in funding. “We are definitely not the startup school,” Daniel Huttenlocher, the dean of Cornell Tech, said to me recently. One might be forgiven for thinking so. Cornell Tech, a joint partnership between Cornell University and the Technion-Israel Institute of Technology, the oldest university in Israel, was born from a public competition launched in 2010 by then-Mayor Michael Bloomberg to develop an … [Read more...] about Inside the Ivy League’s new startup factory — the tech grad school trying to mint the next generation of Mark Zuckerbergs
What could be better than working at a company beloved by its employees? How about getting paid a lot of money to do it? If this sounds like a dream you want to turn into reality, then Glassdoor is here to help. The jobs and recruiting site, which recently scanned its massive database of company reviews and ratings from current and former employees to find the 50 best places to work this year across the US, has released a new report featuring a sample of the highest-paying jobs at these companies. Here are 13 jobs that could pay $100,000 a year or more at some of the best places to work in 2018, counting down with the Best Companies ranking:Siri quality engineer core client at AppleMedian base salary:$99,000 to $137,000Company best places to work ranking: No. 84 Job description: · Play a part in ensuring the quality of groundbreaking technology for large scale systems, natural language, big data, and artificial intelligence.· Interact with … [Read more...] about 13 of the highest-paying jobs at the best companies in America
Vietjet makes the breakthrough decision to upgrade its standing order of 42 A320neo aircraft to the larger, more universally capable A321neo, demonstrating to the regional airline industry that it will continue on its spectacular rise and successes. Vietjet’s integration of the newest A321neo marks the first time the aircraft is available to passengers in Southeast Asia. This defines the airline’s direction as a truly new-age operator, bringing high quality flight services to an ever broader low-cost market.Showing off the very latest in engine design, advanced aerodynamics, and cabin innovations, the A321neo under Vietjet will bring much greater efficiency to this operator which already prides itself on achieving some of the best efficiency numbers in the business – as well as reducing costs, showing its strong commitment to sustainability and Green operations. The new GTF engines alone cut fuel expenses across the fleet and reduce noise by 75 per cent. It expects … [Read more...] about Vietjet confirms its leading role in the region with latest fleet modernization