CP Land upbeat about B4bn investment Company to develop industrial estate, hotels, office towers and residential projects this year 30 March 2019 CP Land Plc, a property arm of Charoen Pokphand Group, remains confident about the country’s political and economic prospects, vowing to continue investment of 4 billion baht in 2019 to develop an industrial […]
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Vietnam, maximising the wind revolution in energy sector With a recent rise of renewables in Vietnam triggered by the growing demand for electricity and conducive policies, solar power projects are outpacing wind power ones. How can wind development catch up with the solar boom in country? The development in both wind and solar power demonstrates […]
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State Railway of Thailand (SRT) opening bidding for Bang Sue plot 28 March 2019 The State Railway of Thailand (SRT) plans to open bidding next year for a mixed-use development worth 35-80 billion baht on 120 rai next to SCG’s head office in Bang Sue. Worawut Mala, the SRT’s acting governor, said the plot has […]
Continue ReadingBangkok’s Third Western Outer Ring Road project spurs investigation 27 March 2019 The State Audit Office (SAO) is spending a month examining a complaint from residents whose community is affected by the proposed construction of the third Western Outer Ring Road, according to SAO secretary-general Piya Luedetsakul. A similar complaint was also filed with the […]
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New Land and Building Tax collection to start in 2020 in Thailand 27 March 2019 The Thai Government recently published in its Royal Gazette the new Land and Building Tax Act B.E. 2562 (2019), thus replacing the rather outdated House and Land Tax B.E. 2475 (1932). Under the new Act, individuals or companies with ownership […]
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Habitat Group Signs Ramada by Wyndham Property in Pattaya Habitat Group, a Thailand-based property developer, has signed an agreement with Wyndham Hotels & Resorts to manage and operate a property under the Ramada by Wyndham brand in Pattaya, Thailand. Located on 3-rai of land in the north of Pattaya just 1.4km from Wong Amat Beach […]
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Energy Absolute to initiate its largest wind power farm this year in Chaiyaphum 26 March 2019 SET-listed Energy Absolute Plc (EA) plans to start full operation of its largest wind power farm called Hanuman in Chaiyaphum province this year. The 260-megawatt project consists of five wind power units in two districts — Bamnet Narong and […]
Continue ReadingSriracha Construction wins bid for Shutdown Tie-In 26 March 2019 Sriracha Construction Plc has won the Bt100-million contract to build Shutdown Tie-in Work 2019 from Thai Oil Plc, the company’s deputy managing director Krisada Potisomporn said yesterday. He added Sriracha’s backlog worth Bt600 million will be booked as revenue this year, as it plans to […]
Continue ReadingCP Group seeks to follow up rail success with U-Tapao, aviation city bids 22 March 2019 CHAROEN Pokphand Group (CP Group), along with BBS Joint Venture and Grande Consortium, submitted bids yesterday for the U-Tapao airport and Eastern Aviation City development projects worth Bt290 billion. The projects come under the eastern economic zone development scheme, […]
Continue ReadingThree consortiums have submitted their bids to develop U-Tapao airport and the Eastern Airport City Project 22 March 2019 Three consortiums have submitted their bids to develop U-Tapao airport and the Eastern Airport City Project, a source said on Thursday. The names of the bidders were revealed when the Royal Thai Navy, which manages Rayong’s […]
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