Akaryn to expand with three new hotels in Thailand and Laos

Akaryn to expand with three new hotels in Thailand and Laos The Akaryn Hotel Group has announced plans to launch three new hotels in Thailand and Laos. The new properties include the Akyra Beach Club Phuket; Akyra Thonglor Bangkok, and The President by Akaryn in Laos. Just 20 minutes from Phuket International Airport, the Akyra […]

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Baker Hughes and GE enter merger deal worth $34.6 billion

• GE said it is merging its oil and gas business with oil-field services provider, Baker Hughes Inc. • GE will own 62.5 percent of the new publicly traded company, Baker Hughes shareholders will own 37.5 percent • The new publicly traded company will have a combined revenue of $32 billion TEXAS, U.S. – In […]

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Sealed bids for the Bangkok Orange Line submitted

Seven construction companies submitted on Monday sealed bids vying for the civil works construction of the eastern section of the Orange Line from Thailand Cultural Centre to Min Buri (Suvinthawong). The civil works of the project are divided into six contracts as follows: The E1 underground civil works contract from Thailand Cultural Centre to Ramkhamhaeng […]

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KACO new energy accelerates the energy turnaround in Thailand

KACO new energy accelerates the energy turnaround in Thailand Thumps up for the future of the Thai PV business The German photovoltaic specialist has joined forces with other companies in the industry as part of a new initiative. The “Powerful Blueplanet” alliance is aiming to further the development of the solar energy business in Thailand. […]

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China-Laos railway to become a demonstration project

China-Laos railway to become a demonstration project Director General of Laos-China Railway Company Zhao Xiang (R, front) shakes hands with a representative of China’s Sinohydro Corporation Ltd. in Vientiane, capital of Laos, Oct. 24, 2016. China-Laos railway will be built to become a demonstration project in “Go Global” strategy, said Chinese companies participating in a […]

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Sumitomo to build largest Thai gas-fired power plant

Japanese trading house Sumitomo Corp. will construct Thailand’s largest gas-fired power plant by capacity in a deal valued at roughly 65 billion yen ($625 million), tapping energy-efficient turbines by General Electric. Sumitomo is to sign a contract with the Electricity Generating Authority of Thailand in 2017 and begin construction that year, with completion targeted for […]

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Danang builds new airport terminal

Danang International Airport’s new international terminal will open by April next year. Saigon Times media reported the new international terminal will open 30 April, 2017, ahead of the hosting of the Asia-Pacific Economic Cooperation (APEC) forum that will be held in Danang later in the year. Construction of the outer structure will be completed by […]

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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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