The hotel management company, which currently operates two luxury properties in Bangkok and Koh Samui, has announced plans to launch a further three hotels in Thailand over the next 18 months. Joining the Hansar portfolio in the fourth quarter of this year will be two new boutique hotels – the 24-room Hansar Pranburi, in Thailand’s […]
Continue ReadingSean Danley has spent the past six months scouting office space in Yangon after being sent to establish the Myanmar branch of his US-based employer. He looked in the city’s three sole 1990s-era towers, where annual rents have climbed to more than US$100 (3,100 baht) a square foot, compared with less than $75 in downtown […]
Continue ReadingThe Myanmar electric power authorities have signed a memorandum of understanding (MoU) with two foreign companies, GMS Power Publish Co Ltd and Global Power Synergy Co Ltd of Thailand. The MoU aims at conducting feasibility study for establishment of combined cycle power plant project in Ayeyawady and Yangon Regions, official media reported Saturday. The cycle […]
Continue ReadingContractor Strabag has won a string of contracts for infrastructure projects in Oman, Thailand and Burnei – adding a total of € 230 million (US$ 305 million) to its order backlog. The largest single contract was a € 92 million (US$ 122 million) project to construct a flood protection dam in Oman. Meanwhile, in Thailand […]
Continue ReadingNGK Spark Plug is to build a factory in Thailand to make parts for use in cars and motorcycles. The company plans to construct the US$30m plant in the Amata Nakorn industrial park in the eastern part of the country. A 120,000 sq m site has been acquired for the facility, which is slated to […]
Continue ReadingSo much negative information has been spread about chrysotile asbestos in the construction industry in recent years that 48-year-old Charnwut Kajornchaikul believed vendors in Thailand no longer sold roof tiles containing the substance. “Aren’t asbestos roof tiles a thing of the past?” asked the construction company owner who has been in the industry for 23 […]
Continue ReadingAuthorities will summon Design 2009 Company Limited, and other related parties to acknowledge charges for the collapse of the Ratanakosin Bicentennial Bridge in Ayuthya, on April 28. The move followed the finding of evidence that the company used substandard cables and a forged document for the construction of the bridge. According to Assistant Police Commissioner […]
Continue ReadingSTATE Railway of Thailand (SRT) is preparing to invite bids for the initial phase of its national track-doubling programme, which will provide much-needed additional capacity on the metre-gauge network. According to The Nation newspaper, Mr Soithip Trissuddh, deputy permanent secretary of the transport ministry, said last week that work on doubling the 106km Chachoengsao – […]
Continue ReadingPOSCO Engineering Co., a construction arm of South Korea’s largest steelmaker POSCO, said Tuesday it has won a US$260 million order to build a petrochemical plant in Thailand’s largest industrial complex. Under the contract with PTT Phenol Co., POSCO Engineering will build the plant in the Map Ta Phut industrial estate, about 180 kilometers southeast […]
Continue ReadingInterContinental Hotels Group (IHG) and Felicity Asset Co. Ltd have signed an agreement to build Holiday Inn & Suites Rayong City Centre, the first IHG property in Rayong. Holiday Inn The 300-room property will be situated in the heart of Rayong’s city centre adjacent to the Laemtong Shopping Mall. It is conveniently located close to […]
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