Aichi Steel of Japan to build forged parts plant in Thailand

Japan’s Aichi Steel Corp. plans to construct a factory in Thailand as soon as 2012 as automakers boost procurement in the country. The company will initially invest 1-2 billion yen (US$12.1-24.3 million) to launch production of crankshafts, gears and other forged products there. At start-up, the plant will be able to turn out 10,000 tons […]

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Castlewood Group building luxury hotel at Bang Tao Beach in Phuket, Thailand

Castlewood Group building luxury hotel at Bang Tao Beach in Phuket, Thailand Singapore based Castlewood Hotels and Resorts has announced the launch of a new two hundred key hotel project near Laguna Village and Bang Tao Beach in Phuket, Thailand. Castlewood Group’s in house hospitality brand, 8over8, will manage the new hotel which will consist […]

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Sea front properties in Phuket perform the best, report shows

Luxury properties with a sea frontage on the Thai island of Phuket were the best performing properties, according to the latest real estate market overview. The Residential Market View quarter three 2010 report from CB Richard Ellis shows that there was a continued recovery in tourism arrivals and the consultants expect that this trend will […]

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The Netherlands to help ease flooding in Thailand

By Jutharat ThipnamphaThe Nation The Science Ministry, in cooperation with the Dutch embassy, is working on a flood-prevention plan as a long-term resolution of the erosion and problems caused by rising sea levels faced by Bangkok and coastal provinces. The Netherlands, in its capacity as a world expert in dam construction and flood management, has […]

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Mitr Phol invests B3.7bn in new renewable projects

Mitr Phol, Asia’s largest sugar producer, will invest 3.7 billion baht in its new renewable energy projects in Thailand and expand the group’s power business to neighbouring countries, starting with a biomass plant China. The group has also targeted development of other types of power plants including solar and co-generation, said Suwat Kamolpanus, managing director […]

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