ITD Cementation India has announced that the company in Joint Venture with its promoter, Italian-Thai Development Public Company Ltd, Thailand one of the leading contracting organizations in South East Asia, has been awarded a contract worth over Rs 228 crore by Delhi Metro Rail Corporation (DMRC) for construction of elevated road & metro viaduct for […]
Continue ReadingTwo years of shoring up finances, restructuring and refining focus begin to pay off for luxury property developer Raimon Land Plc, the listed luxury property developer, has spent the past two years addressing its financial problems, restructuring, refocusing its market and adjusting its business direction and strategy. The move seems to be paying off. Beginning […]
Continue Readingby Mayo Martin SO THERE I was at a nightclub called Muang Swa. A live band was well into an all-Thai pop rock set. And the locals were, well, I had no idea what they were doing. It seemed to be a cross between some traditional folk dance and a barn dance. Welcome to Luang […]
Continue ReadingSET-listed Glow Energy expects to invest about 4 billion baht to acquire assets of England-based Independent Power (IP) in Thailand and up to US$200 million to build a new 120-megawatt unit near its Huay Ho hydroelectric plant in Laos. Chief financial officer Suthiwong Kongsiri said Paris-based GDF Suez, which holds 69% of Glow, has considered […]
Continue Reading
Everyone aged over 45 should consider a small daily dose of aspirin to help protect themselves against heart disease and cancer, a panel of experts suggested yesterday. Evidence is building that the benefits for many healthy middle-aged and older people “far outweigh” the side effects, according to the academics. In particular, individuals at higher risk […]
Continue ReadingOil and gas rig upgrade and refurbishment services provider Lamprell plc (LAM.L) said Thursday, in its interim management statement, it has received a new contract worth US$ 210 million from Eurasia Drilling Company Ltd. The contract with Eurasia Drilling Company or EDC is for the construction and delivery of a completely outfitted and equipped, LeTourneau […]
Continue Reading
Bangkok – Thinking of buying a condominium in one of the hospitable, thriving capitals of sunny South-East Asia? You might check out their flood prevention plans beforehand. While the debate over global warming contines, South-East Asia‘s coastal capitals have been facing the reality of extreme weather and its soggy companion, water. In 2007, flooding in […]
Continue ReadingSEAWATER, they said, is expected to reach Bangkok‘s ground level in the next 25 years. “Our findings have predicted what is coming. The question now is how the government will prepare for this,” said Dr Chalermchon Satirapod, a researcher in the GEO2TECDI (GEodetic Earth Observation Technologies for Thailand: Environmental Change Detection and Investigation) project. Chalermchon, […]
Continue ReadingThai Prime Minister Abhisit Vejjajiva said on Friday that he and his Chinese counterpart Wen Jiabao agreed to speed up negotiations to construct a high speed train system in Thailand. Mr Abhisit met Mr Wen before attending the opening ceremony of the 16th Asian Games at Guangzhou which was staged in the middle of the […]
Continue Reading
Despite regional competition, economic woes, a strong baht and political instability, the country’s highend property sector refuses to tank Imagine waking up, shrouded in your 1 million thread count Egyption cotton sheets, to views of the sparkling Andaman Sea outside your balcany window before you head out to your terrace to sip gourmet coffee and […]
Continue Reading