Thailand’s Akaryn Hotel Group to launch concepts in Indonesia, Vietnam 27 May, 2019 Akaryn Hotel Group, Thailand’s award-winning luxury boutique hotel specialist, is preparing to spread its wings and enter international markets for the first time, with the launch of its pioneering hospitality brands in Indonesia and Vietnam. In the coming months, two of the […]
Continue Reading
Thailand’s Energy Absolute readies electric vehicles and and bio-based phase change material projects Energy firm allocates B9.2bn for two plans 28 May 2019 SET-listed Energy Absolute Plc (EA) has earmarked 9.2 billion baht in 2019-20 after it commenced commercial operating dates for five wind power units in Chaiyaphum province. The 260-megawatt project consists of five […]
Continue Reading
Thai Cabinet to approve draft deal for 225-billion-baht high-speed train development project linking Don Mueang, Suvarnabhumi and U-tapao airports 28 May 2019 The cabinet is set to approve a draft joint venture contract for the 225-billion-baht high-speed train development project linking Don Mueang, Suvarnabhumi and U-tapao airports at its meeting on Tuesday. Kanit Sangsubhan, secretary-general […]
Continue Reading
GS E&C opens Vam Cong Bridge in Vietnam 27 May 2019 South Korean builder GS Engineering & Construction said Sunday it has completed the construction of Vam Cong Bridge in southern Vietnam. According to GS E&C, an opening ceremony for the bridge was held May 19, attended by officials from GS E&C, the Export-Import Bank […]
Continue Reading
Thailand’s solar power drawing private-sector interest after new national power development plan (PDP) 27 May 2019 Thailand’s solar power market is heating up as many listed companies plan massive investments in the sector. Distribution channels for solar panels are also expanding to serve local demand for both on-grid and off-grid power generation. For on-grid power […]
Continue Reading
Ratch Group seeks partners for 2 gas-fired plants in Thailand’s Ratchaburi province Deal worth $700m expected by June 24 May 2019 SET-listed Ratch Group is seeking business partners for two units of a gas-fired power plant in Ratchaburi province, with a combined power generation capacity of 1,400 megawatts (MW). Chief executive Kijja Sripatthangkura said Ratch […]
Continue Reading
Thailand’s New Parliament “will be ready for use probably late next year” 2020 24 May 2019 Thailand’s new parliament formally opens Friday after March’s messy general election but has nowhere permanent to call home. A dedicated $380 million complex in Bangkok is years behind schedule, forcing politicians to meet in an auditorium rented from state-run […]
Continue Reading
Consortiums with Chinese partners win bids to build new expressway project in Thailand 22 May 22, 2019 Three consortiums with Chinese partners have offered the lowest bids for three contracts to construct an expressway linking Rama III Road, Dao Khanong and the western Bangkok outer ring road, the local media reported on May 22. A […]
Continue Reading
Thai Transport Minister to push for two more Mekong bridges linking Thailand with Laos 21 May 2019 The Transport Ministry will push for a 4-billion-baht investment in two new bridges over the Mekong River linking Thailand with Laos. Transport Ministry Arkhom Termpittayapaisith said on Tuesday the 5th Thai-Lao Friendship Bridge linking Thailand’s Bung Kan with […]
Continue Reading
A drop in demand leaves Bangkok with a glut of completed new condos 20 May 2019 As Thailand’s economy is hit by the double whammy of fallout from US-China trade wars and lingering political instability, stricter mortgage-lending rules are also kicking in creating a buyer’s market in the capital. Some basic statistics… 65,000 new apartments […]
Continue Reading