Ticon Industrial Connection Pcl, a Thailand based factory and warehouse developer, plans to sell factories and warehouses worth more than 1.47 billion baht ($42.6 million) to Ticon Freehold and Leasehold Real Estate Investment Trust (TREIT). This second sale transaction will take place before the end of this year, said managing director Virapan Pulges. The assets […]
Continue ReadingSeaOwl Group announced Tuesday its acquisition of Thailand-based oil and gas solutions provider Ogas Solutions Group as part of its business growth to offer integrated services worldwide amid the consolidation of the industry. The company revealed that Ogas Solutions, with a global workforce of more than 1,000 staff, was an attractive acquisition as it has […]
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Nation’s largest steelmaker Posco unveils Thai steel factory – Plant marks attempt by manufacturer to boost global presence Posco, the nation’s largest steelmaker, celebrated the completion of its first automotive steel manufacturing plant in Southeast Asia on Wednesday. The new plant in Rayong Province, Thailand, was constructed as Posco tries to strengthen its automotive steel […]
Continue ReadingIndian Infrastructure company Kec International today said it has won contracts worth Rs 1,224 crore, including Rs 216 crore international orders. “Kec InternationalLtd (KEC)…, an RPG Group company has secured new orders of Rs 1,224 crore,” the company said in a statement. In transmission and distribution business it won Rs 589 crore domestic orders that […]
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COENS is pleased to announce that we have been awarded a contract by Posco Daewoo Corporation in Myanmar. The contract entails the provision of technical services for the Operation and Maintenance of the SHWE project offshore Myanmar. The contract is expected to last for the duration of three years. The detailed scope of services that […]
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Is this the inspiration for Thailand’s New Tallest Building?
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At 1,029 feet, the MahaNakhon is now the tallest building in Thailand. The 77-story tower beats the skyscraper that previously held the title, Baiyoke Tower II, by 33 feet. To celebrate its debut on August 29, the building lit up Bangkok’s skies with a fantastic light show. The skyscraper’s signature ribbon, which is made to […]
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Singapore-based renewables firm Sunseap Group has won a 10MW solar PV project in Cambodia, the Southeast Asian country’s first ever utility-scale solar plant tendered by the government. Sunseap has now signed a power purchase agreement (PPA) with national utility Electricite Du Cambodge (EDC). Sunseap Cambodia, a majority-owned subsidiary of Sunseap Group, will be executing this […]
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Goodyear Thailand Pcl (GYT.BK) said on Tuesday it planned to invest $162 million to build a new radial aviation tire factory to expand production at Phathumthani, north of Bangkok, to meet growing demand in Asia Pacific. The expansion will help the tire maker capture growing demand for radial tyres as commercial airlines are rapidly converting […]
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Predominately Buddhist Thailand has opened its first halal hotel as hopes to attract more Muslim visitors and boost one of the few bright spots in its economy. Nearly 30 million foreign tourists came to Thailand last year but only about 658,000 were from the Middle East, according to industry data. The four-star Al Meroz hotel […]
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