Leading Asian-based villa rental group Elite Havens are moving into Thailand in a big way. The group has appointed hotelier Femke Beekers as Country Head, and she will be based in Phuket. Elite currently have more than 200 luxury villas throughout Asia with Bali and Lombok, Sri Lanka and Phuket firmly on their books. Beekers […]
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Egat eyes floating unit, LNG project – Move set to challenge PTT’s stranglehold The Electricity Generating Authority of Thailand (Egat) is poised to set up a new business for importing liquefied natural gas (LNG) and developing floating storage re-gasification units (FSRU). Saharat Boonpotipukdee, a deputy Egat governor and spokesman, said Egat has submitted a proposal […]
Continue ReadingThree countries have been highlighted as growth regions for the nuclear power industry by a global professional services consultancy. Unsurprisingly, one is China, however the other two spotlighted by Procorre are Jordan and Vietnam. Procorre states that “five years on from the Fukushima disaster, a number of countries have started heavily investing in their nuclear […]
Continue ReadingThailand has increased its purchase of electricity from 7,000 to 9,000 megawatts from Laos this year to ensure sufficient supply and meet rising demand. A power purchasing agreement was signed on Tuesday, during Prime Minister of Thailand General Prayuth chan-Ocha’s visit to the Prime Minister of Laos Thongloun Sisoulith, while attending the 28th and 29th […]
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Thai and Myanmar Officials committed to Dawei – Committee reshuffle, road rejig planned Thai officials and their Myanmar counterparts remain committed to the long-awaited Dawei megaproject, with the Myanmar-Thailand Joint High-Level Committee (JHC) and the Joint Coordinating Committee (JCC) to be set up soon to foster development. Porametee Vimolsiri, secretary-general to the National Economic and […]
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Chinese firm Sinohydro Corp Ltd said Thursday it has been contracted to design and build the 24-MW Lam Thakong wind power plant in Thailand’s northeastern province of Nakhon Ratchasima, also known as Khorat. The company will work on the project under a contract with state-owned enterprise Electricity Generating Authority of Thailand (EGAT). Managed by the […]
Continue ReadingA property consultant has renamed its Thai subsidiary following a global relaunch. After the re-launch of DTZ Singapore’s as Edmund Tie & Company (SEA) on 1 July, its subsidiary company — formerly known as DTZ Debenham Tie Leung (Thailand) — was re-launched as Edmund Tie & Company (Thailand). This followed the parent company’s acquisition of […]
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Thailand’s military government aims to jolt its underperforming economy into action with $40 billion of big-ticket investment projects – but so far nearly all the plans remain just that, with less than 1 percent of the amount spent. One example is a jointly-built Thai-Chinese rail line. It has gone nowhere after 13 bilateral meetings due […]
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Not every Bangkok Mass transit line is equal WRITER: James Pitchon Mass transit has changed residential condominium development patterns in Bangkok combined with the change in social patterns with young people leaving home and buying a property before they get married. Not every existing mass transit line has proved equally attractive to one-bedroom condominium buyers […]
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Appreciating land values near key projects may mean much-needed income for the Thai government Real estate developers will not be the only ones benefiting from the establishment of rapid transit lines across Bangkok in the near future. Apparently, the Thailand government’s coffers will too. Property owners who are selling or transferring assets whose value have […]
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