Thailand’s largest coal miner, Banpu Pcl, expects to turn around and make profit this year due to rising income from its power business and a recovery in global coal prices, Chief Executive Somruedee Chaimongkol said on Thursday. Banpu is targeting a profit of $70 million from its two major power plants this year, Somruedee told […]
Continue ReadingMyanmar has granted e-visa for tourists and business visitors at three border crossings with Thailand starting from Thursday. The authorities began e-visa services for tourists entering the country through Yangon International Airport on September 1, 2014 from a total of 100 countries and the service was extended to Mandalay and Nay Pyi Taw on November […]
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The Association of Organizations Protecting the Thai Constitution submitted a letter asking the Office of the Ombudsman to probe the construction of Thailand’s tallest building ‘MahaNakhon’, after it was found in breach of several laws. Srisuwan Janya, the Association’s Secretary-General, urged the Ombudsman to investigate why the Ministries of Commerce and Labor allegedly allowed a […]
Continue ReadingAsian Construction Week to pool three events in one in Bangkok IMPACT Exhibition Management Co is set to hold Asian Construction Week with three events of the construction and building industry wrapped into one. They are BMAM Expo Asia, GBR Expo Asia and Concrete Asia. From September 21-23 2016, 350 companies are expected to participate. […]
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A Chinese EPC that builds solar farms, glass factories and cement-making plants has signed a contract to supply Myanmar’s first solar power plant. The 220-megawatt plant in Minbu, Mynamar, will be the largest solar energy facility of its kind in Southeast Asia, according to an Aug. 5 announcement by China Triumph International Engineering Group Co. […]
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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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