Thailand should press ahead spending 70 billion baht to upgrade provincial airports, says former minister

Thailand should press ahead spending 70 billion baht to upgrade provincial airports, says former minister Former deputy transport minister Thaworn Senneam said he was proud of his work under transport minister Saksayam Chidchob especially when it came to working with the Department of Airports to develop provincial airports. The Songkhla MP said that 70 billion […]

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Bangkok development ‘The Forestias’ sales jump to six billion baht

Bangkok development ‘The Forestias’ sales jump to six billion baht Magnolia Quality Development Corporation (MQDC), one of Thailand’s leading property developers, has announced that The Forestias, the world’s first town purposefully designed for healthier living, registered new sales of 2,000 million baht in the last three months, and that total sales now exceed 6,000 million […]

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Thailand’s B.Grimm Power to spend $1.67b in renewable, fossil fuel assets

Thailand’s B.Grimm Power to spend $1.67b in renewable, fossil fuel assets Its current power generation capacity is slated to increase by 900 MW in 2021. Thailand-based independent power producer B.Grimm Power (BGRIM) announced the allocation of 45–50b baht (US$1.50–1.67b) in capital spending to expand its business primarily through asset acquisitions. Most of the budget will […]

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World Bank debars Germany’s Ferrostall Oil & Gas for 13 months in connection with  alleged fraudulent practice  in Myanmar

World Bank debars Germany’s Ferrostall Oil & Gas for 13 months in connection with  alleged fraudulent practice  in Myanmar The debarment makes Ferrostall Oil & Gas ineligible to participate in projects and operations financed by institutions of the World Bank Group for the stated period The World Bank has announced the 13-month debarment of Germany’s […]

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Thailand’s Singha Estates to triple revenue with strategic expansion

Thailand’s Singha Estates to triple revenue with strategic expansion Property firm eyes industrial estates, power generation, and engineering services Singha Estate PCL, a leading Thai property investment and development company, has revealed its hopes to triple its annual revenue by widening the scope of its business interests and integrating its traditional property businesses with industrial […]

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