Author: Peter Carlisle

Italian-Thai, Thailand’s largest construction company faces $4b debt crunch as some overseas projects fail A cash crunch at Thailand’s largest construction company is fueling concern among investors, regulators and rating agencies already unnerved by a series of local corporate scandals and debt defaults. Italian-Thai Development confirmed on March 13 reports that it is in talks […]

BTSC to get Baht 23bn from Bangkok Metropolitan Administration for Green Line skytrain extensions, while court considers more An ordinance directing the Bangkok Metropolitan Administration (BMA) to pay a debt of 23 billion baht to Bangkok Mass Transit System Plc (BTSC) for previous work on Green Line skytrain extensions was published in the Royal Gazette […]

Bangkok’s Suvarnabhumi Airport can shine again Bangkok Post Editorial When it was opened to the public in 2006, Suvarnabhumi Airport reflected the mood and aspirations of the entire nation. The airport’s main terminal — a sprawling glass-and-steel structure that covered an area of about 500,000 square metres before its subsequent expansions — was designed to […]

Thailand’s Gulf, Ratch launch first unit at Hin Kong power plant in Thailand’s Ratchaburi province Thailand’s Gulf Energy Development and Ratch launched the first gas-fueled unit at their Hin Kong power plant following the arrival of the maiden LNG cargo at PTT’s second Map Ta Phut LNG terminal. Hin Kong Power, a joint venture owned […]

90-day deadline set for legal dispute over the 6-billion-baht Ashton Asoke condominium project in Bangkok A solution to a legal dispute over the 6-billion-baht Ashton Asoke condominium project in the Watthana district of Bangkok needs to be found in three months, according to a court official. This comes amid concerns the condo could be demolished […]

‘Significant breakthrough’ at Bangkok power plant project It has been reported that a significant breakthrough has been achieved at the construction site of the Bang Pakong-south Bangkok power plant gas transmission pipeline project in Thailand. The first section of the initial phase of pipeline laying employed the laying and jacking machine with a diameter of […]

Solar inclusive EGAT power project activated at Ubonrat Dam in Khon Kaen province, now supplying electricity Customers are now receiving energy generated by the floating solar cells at Ubonrat Dam in Khon Kaen province after its launch on Tuesday, Jiraporn Sirikham, acting governor of the Electricity Generating Authority of Thailand (EGAT), announced. The key advantage […]

Thailand’s Finance and Interior Ministries vow to ease land & building tax Call to loosen loan-to-value regulations The Finance Ministry and Interior Ministry have pledged to improve the land and building tax to prevent a negative impact on the public amid several economic challenges. Speaking at the annual property seminar held on Wednesday by the […]