China has shown off its vision of high-speed train services, such as this exhibition at Makkasan station. (Photo by Thanarak Khunton) The signing of a memorandum of cooperation (MoC) between Thailand and China on a new railway development project planned for tomorrow has been shelved after China failed to honour an associated agreement on rubber […]
Continue ReadingCentral Pattana Plc (CPN), the SET-listed property arm of Central Group, plans to develop nine condominium projects worth a total of almost 5 billion baht over the next five years. Chief financial officer Naparat Sriwanvit said the company would seriously expand its property business to raise revenue and use assets. It will choose locations from […]
Continue ReadingKUALA LUMPUR (Dec 2): Eversendai Corp Bhd is buying a 70% stake in Thailand-based S-Con Engineering Co Ltd for 30 million baht (RM3.55 million), a move that will help the buyer expand into the neighbouring country’s power sector. In a statement to Bursa Malaysia today, Eversendai said it had today signed a conditional share subscription […]
Continue ReadingConstruction companies target growth of up to 20 per cent next year thanks to the government’s policy to speed up investment in infrastructure projects under the public-private partnership (PPP) fast-track programme, worth more than Bt347 billion. “We are ready to bid on the new infrastructure projects when the government opens them to tender,” Ch Karnchang […]
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A Death Railway Museum at the site of the World War II-era Death Railway in Thanbyuzayat Township in Myanmar will open in April next year. Global New Light of Myanmar media reported the museum will showcase historic photos connected with the Death Railway, paintings and sculptures and 3D images of the daily life of prisoners […]
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A train departs Taling Chan junction on the southern route on Sept 9. (Photo by Panumas Sanguanwong) The cabinet on Tuesday approved a Transport Ministry action plan calling for construction of 1.8 trillion baht in infrastructure projects to jump start the economy. The endorsement of the 20 projects puts into gear the government’s plans to […]
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Dependence must be reduced to 40% by 2036. In its Southeast Asia Energy Outlook 2015 report, the International Energy Agency says Thailand, along with Cambodia, Indonesia, Malaysia and Vietnam are often referenced as having strong potential for solar development. However, Dr. Ulrich Eder, managing director of Bangkok-based law firm, Pugnatorius, says even under the ASEAN […]
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A Central Administrative Court judge rapporteur has suggested it will rule in favour of five state agencies accused of violating laws in their handling of the Xayaburi Dam project in Laos. The judge opinion was the case against them be dismissed, as the five state agencies in question had not violated any laws and had […]
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Vietnamese property developer HAGL will open a massive commercial complex in Yangon, Myanmar’s largest city. YANGON — Large commercial complexes are popping up in Yangon as foreign property developers seek to cash in on an expected surge in consumer spending in one of Southeast Asia’s least-developed nations. Vietnamese real estate developer Hoang Anh Gia Lai […]
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The image shows the construction site of the Red Line mass transit route in Bangkok. (Bangkok Post file photo) TOKYO: Transport Minister Arkhom Termpittayapaisith has confirmed a number of big-ticket infrastructure projects including five mass-transit routes in Bangkok and three planned motorways will start construction by mid-2016. The mass-transit routes comprise the 34.5-kilometre Pink Line […]
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