Egat to open bids on high voltage lines The Electricity Generating Authority of Thailand (Egat) plans to open bidding this year on contracts for developing high-voltage transmission lines (HVTL) with a capacity of 500 kilo-voltage worth 157 billion baht. The bids are due to start this year for 55 contracts, with the rest opening in […]
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Thailand-Cambodia rail link delayed again The train service between Thailand and Cambodia, which was expected to begin operations early this year, may be delayed due to compensation issues with people living along a one-kilometre stretch of track in Poipet town. The rail line was scheduled to be connected by the end of 2016 and officials […]
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Bangkok Airport Rail Link Disputes Engineer’s Safety Complaints The elevated trains that connect Bangkok’s downtown with its international airport are not at risk of derailing contrary to a rail expert’s warnings, an executive with the state railway said Tuesday. Former deputy Bangkok governor Samart Ratchapolsitte, who worked on the city’s mass transit projects during his […]
Continue ReadingThai petrol station gets CIS solar power CIS thin-film solar panels are installed on two rooftops of a Shell service station in Chacheongsao province. Oil and gas giant Shell is turning to solar energy to power its service stations in Thailand. The oil company recently launched its inaugural solar power retail system at the newly-built […]
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Five reasons Thailand construction is hot again Cementing the kingdom’s status as a bustling construction market Thailand is currently one of the most exciting hubs for contractors in Southeast Asia today, with a construction market value estimated at USD41.4 billion last year, according to a white paper released last week by corporate strategy consulting firm […]
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Luxury 6-Room Hotel to Open in Hua Hin, Thailand Hotel Bocage, a new hotel with just six rooms in Hua Hin, Thailand, is scheduled to soft open late Q1 2017. Sleek open plan rooms and suites, ranging in size from 42 to 75 square meters (452 to 807 square feet), will feature a crisp colour […]
Continue ReadingLaos expands power grid and eyes biomass in renewable energy push Laos is looking to expand its power grid network and may use renewable energy to produce electricity, according to Xinhua News. The Laos government plans to install 54 more electricity transmission lines and build another 16 substations by 2020. Laos Minister of Energy and […]
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Experts downplay talk of a Bangkok property bubble Rise in land prices, not speculation, is afoot Thailand’s property market is far from being a bubble, although prices, particularly for the condominium segment, have risen significantly in the last few years, say multiple experts. Surachet Kongcheep, associate director of the research department at property consultant Colliers […]
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Bangkok’s MahaNakhon Tower receives huge cash injection from US A milestone for Thai real estate Pace Development entered into an agreement with alternative investment management firm Apollo Global Management for a stake in MahaNakhon. The US-based company will invest approximately THB 8.4 billion (USD 235 million) in Thailand’s tallest building. This investment is seen as […]
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Property sellers stress mass transit convenience Developers hope new mass transit lines will revive market but household debt, mortgage rejection continue to worry. Developers have pinned their hopes on the new mass transit lines to boost the property market, as a weak economy, high household debt and banks’ stricter mortgage rules are expected to continue […]
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