More Thai companies are wooed to pursue business opportunities in Myanmar, amid expectation of smooth political transition Thailand’s total investment in Myanmar has nearly reached US$10 billion, making the Kingdom the second-largest source of foreign direct investment (FDI) into the country after China, whose investment swelled past $14 billion.Pisanu Suvanajata, Thailand’s ambassador to Myanmar, reckons […]
Continue ReadingThe Bangkok Metropolitan Administration (BMA) is looking at demolishing the Saphan Taksin Bangkok Mass Transit System (BTS) station to make way for construction of a double track. BMA Public Works Department deputy director Thaweesak Lertprapan said yesterday the agency had proposed to the Department of Rural Roads (DRR) that to avoid demolishing the station, the […]
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BANGKOK: Airports of Thailand PCL , the country’s largestairport operator, said on Thursday that its board had approved a 61.6 billion baht ($1.9 billion) budget to expand Bangkok’s Suvarnabhumi international airport. The company plans to tap its cash holdings of 44 billion baht and earnings to finance the expansion, Chairman Prasong Poontaneat told reporters after […]
Continue ReadingPTT Plc, the Thai national oil and gas conglomerate, plans to invest more than 100 billion baht on a new gas pipeline from Rayong’s Map Ta Phut to Bangkok. The project will be its fifth pipeline to serve the constantly increasing demand for gas in the future, according to Chief Executive and President Pailin Chuchottaworn. […]
Continue ReadingMarubeni has signed memorandum of understanding (MOU) with the Ministry of Electric Power of the Republic of the Union of Myanmar (MOEP) to develop environmentally friendly 1,800MW–2,000MW coal-fired power plant. Under the MOU, Marubeni will conduct feasibility study of power plant project using environmentally friendly and highly efficient ultra-supercritical technology in Tanintharyi region in the […]
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Rolls Wood Group (RWG) has secured a long term maintenance agreement from Chevron Thailand Exploration & Production Ltd (Chevron) to service Rolls-Royce industrial gas generators operating at four separate offshore production facilities located in the Pattani Basin, 120 miles from Thailand’s southern coastline. This five year £multi-million contract encompasses technical and engineering support, field service, […]
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The Transport Ministry is expediting the establishment of a new railway transport department by next year to deal with the hefty investment budget to be spent on expansion of the railroad network nationwide over the next 10 years. “The establishment of a railway transport department is considered a government policy,” Transport Minister Air Chief Marshal […]
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Thierry Loustau, managing director of LBL International, talks to the Post from his office in Phnom Penh on Wednesday. Eddie Morton Attracting $2.5 billion of foreign investment during the first half of this year alone, Cambodia’s construction sector has been repeatedly flagged as the next growth engine for the Kingdom’s economy. However the boom has […]
Continue Reading(Follow @steelguru on Twitter for important updates) The Engineering Institute of Thailand has joined the calls of steel makers pushing the Industry Ministry to curtail imported Chinese steel by halting its certification and improving local steel standards. Prof Suchatvee Suwansaway president of EIT said that “Chinese imports vary in quality, as their inspection is more […]
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Demco Plc is an engineering, procurement and construction (EPC) contractor focusing on electrical systems in Thailand for the utility, telecommunications and renewable energy industries and an investor in renewable energy projects. Chairman Phongsak Siricupta discusses the company’s strategy and outlook. What is Demco’s business model? Demco is an EPC contractor that covers the electrical, mechanical, telecommunications […]
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