8th June 2016 Speaking at a press briefing on the accident, EIT secretary-general Siriwat Chaichana said heavy downpours had eroded the soil beneath the building and unsafe foundations were the cause of the building’s collapse. Mr Siriwat said even though the EIT could not examine the resort’s building plan due to the Koh Chang municipality […]
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Sika is expanding its supply chain footprint in Thailand by inaugurating a mortars and concrete admixtures plant. The new facility in Saraburi, 100 km North of Bangkok, is the Group’s second in the country. This latest investment will enable Sika to meet the needs of Thailand’s booming construction market, expand its local product portfolio and […]
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Half of the work on the steel frames for the SkyCity Convention Centre in Auckland has gone to a foreign contractor, despite New Zealand factories having prepared for it. With 8500 tonnes of steel frames needed for the SkyCity convention centre, the making and fitting contract has gone to one New Zealand company and a […]
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Thailand’s first large-scale solar power plant demonstrates the feasibility of large, private sector solar farms, and leads the way to a greener future. Sitting in the courtyard of his home in Lopburi Province, 180 kilometers north of Bangkok, Saichol Thanomsak remembers what life was like for the nearly 600 people in Moo 3 Village before […]
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CEA Project Logistics Thailand are very proud to announce that due to our continued growth and the increasing need for logistics services in South East Asia we have now opened two new logistics bases in the region. Carrying on from the success of CEA Myanmar we can now inform you that we have expanded into […]
Continue ReadingThailand’s second largest LPG trader Siamgas and Petrochemicals Pcl (SGP) has entered into a joint venture with a Burmese partner to set up a gas-processing plant in Myanmar with total investment of not exceeding 100 million baht ($2.81 million). SGP’s deputy managing director Jintana Kingkaew said, it was in the process of searching for a location […]
Continue ReadingIEC buys remaining stakes in local power plant for $2.81m Thai-listed International Engineering Pcl (IEC) is acquiring the remaining 25 per cent stake in IEC Sakaeo 1 (SK 1), a local power plant operator, from existing shareholders. The financial consideration for the deal is 100 million baht ($2.81 million). Attawooth Laohapakdee, IEC senior executive vice president, […]
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Fourteen years ago Yuthachai Charanachitta returned home to Thailand after finishing college in upstate New York. He was 24 and had spent half his life studying in the U.S. Before joining the family company, he planned to gain outside experience. But he had barely started consulting work at KPMG when disaster struck. A small-plane crash […]
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The five-fold increase in property sales tax for this fiscal year, imposed by the previous government, has resulted in a huge rise in tax-dodging, real estate professionals say, perhaps contributing to the market’s current stagnation. This year’s rates were approved by parliament in January as part of the 2016 Union Tax Law and have been […]
Continue ReadingNAWARAT Patanakarn, one of Thailand’s top five construction companies, has set a budget of more than Bt500 million to invest in Asean, mostly in pre-cast concrete production and infrastructure projects in Myanmar this year. “The company reached an agreement to form a joint venture with a local partner in Myanmar, and expects the factory to […]
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