Siemens extends Thai windfarm servicing deal

Siemens extends Thai windfarm servicing deal THAILAND: Siemens will service its turbines at the 207MW Korat complex for a further 13 years, following a contract extension with Wind Energy Holding. The Korat 1 and 2 projects together comprise 90 Siemens 2.3MW turbines with 101-metre rotors. They are among the largest operating projects in Thailand. Construction […]

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Now Dhipaya eyes insurance expansion into Cambodia

DHIPAYA INSURANCE, Thailand’s second-largest general insurance firm, plans to start operating in Cambodia next year. It will adjust its strategy to fit that market, as selling insurance in Cambodia is more challenging than in Laos, where the company began doing business last year. Managing director Somporn Suebthawilkul said the company was applying for an insurance […]

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JCB Southeast Asia appoints DKSH as new Thailand partner

GLOBAL construction-equipment manufacturer JCB has announced the official appointment of DKSH as its market expansion services provider in Thailand. DKSH says this new partnership will provide sales, parts and service support for the full line of JCB machines – and consequently assist JCB in expanding its market reach in Thailand. This move is in response […]

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Thailand’s Hemaraj expands with $1 bln Vietnam project

A subsidiary of Thailand’s Hemaraj Land and Development Pcl and Vietnamese construction firm Cienco 4 have teamed up to build a $1 billion industrial zone in Vietnam, the first country in Southeast Asia the Thai firm has expanded into. The venture, Hemaraj-Cienco 4 Co, signed a deal on Wednesday with the provincial government of Nghe […]

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Thailand’s Cape & Kantary adds brand new business hotel

Thailand’s Cape & Kantary adds brand new business hotel Kameo Hotel Amata Bangpakong offers short- and long-stay accommodation on Eastern Seaboard Cape & Kantary Hotels will expand its Thai portfolio this month with the launch of a brand new business hotel in Bangkok’s industrial hinterlands. Scheduled to open in October 2016, the Kameo Hotel Amata […]

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Japan provides Bt53-bn loan for Bangkok’s Red Line train project

Japan provides Bt53-bn loan for Bangkok’s Red Line train project The Red Line commuter train project for the Bang Sue-Rangsit route will be extended a Bt53.48-billion loan by the Japan International Cooperation Agency (Jica) for its construction, with it slated to be operational in 2020. Finance Minister Apisak Tantiworawong and Shiro Sadoshima, ambassador of Japan […]

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