Siemens urges Cambodia government to boost power grid

Cambodia needs to focus on solidifying its national grid and shoring up its energy efficiency and transmission lines before expanding into more costly renewable technology, a visiting executive of German engineering giant Siemens said yesterday. Markus Lorenzini, president and CEO of Siemens for Thailand, Cambodia and Myanmar, said that by strengthening the existing electricity supply, […]

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TCC plans more real estate investment

TCC Group, owned by liquor tycoon Charoen Sirivadhanabhakdi, is committed to continued investment in commercial properties such as hotels and retail outlets as confidence rises in Thailand’s political situation. “The group has consecutively invested as the overall situation in the country has gradually improved,” Mr Charoen said yesterday during the official reopening of Pantip Plaza […]

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Principal Capital Pcl to take over V Brilliant Group for $165.5m

Thailand’s listed real estate developer Principal Capital Pcl is to acquire V Brilliant Group Holding (VB Group) and its subsidiaries from the major shareholder Satita Viddhayakorn, and Peak Development Holdings for 5.79 billion baht ($165.5 million), the company announced. Chayaporn Luannapavan, corporate secretary, said it will issue 1.68 billion new ordinary shares to Satita at […]

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Thailand plumps for Japanese bullet train model

Japan has agreed to use the Shinkansen bullet train as the model for a high-speed rail network in Thailand, according to Transport Minister Arkom Termpittayapaisith. Mr Arkom spoke after meeting his Japanese counterpart, Minister of Land, Infrastructure, Transport and Tourism Keiichi Ishii, at the Ministry of Transport on Ratchadamnoen Nok Avenue on Friday. The pair […]

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Society of Professional Engineers in Thailand (SPET) Monthly Members Meeting for August 2016

UPDATE – UPDATE – UPDATE THIS WEEK’S SPET MEETING HAS BEEN POSTPONED I regret to advise that due to an unexpected overseas commitment our speaker for this week’s presentation is not available. We have therefore decided to postpone the meeting to a future date and consequently this month’s meeting is cancelled. Apologies for any inconvenience […]

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