Airports of Thailand Plc (AoT) is adopting a fast-track approach to arrest the capacity shortfall at Thailand’s top three airports. The move will accelerate development beyond the existing time lines, which have proved insufficient to keep pace with spiking air traffic. Designed to deal with more immediate traffic build-up will be the opening of a […]
Continue ReadingB Grimm Trading Corporation aims to grow its sales of engineering products from Europe, the US and other parts of the world by 75 per cent to Bt1.4 billion this year while joining with Carrier Thailand to venture into emerging markets such as Myanmar. B Grimm Trading, an affiliate of B Grimm, serves as an […]
Continue ReadingThe Mass Rapid Transit Authority (MRTA) on Sunday approved the planned construction of the Orange Line electric train on the eastern section of Bangkok between Thailand Cultural Centre and Min Buri. MRTA chairwoman Ratchanee Treepipatkul said the board would soon ask the cabinet to approve a budget of 85.4 billion baht for the construction of […]
Continue ReadingThailand has selected four winners for water management projects worth around 290 billion Thai baht ($9.5 billion) aimed at preventing a repeat of devastating floods in late 2011. The flooding cut Thailand’s economic growth to just 0.1 percent in 2011 but the water projects and other infrastructure work are expected to drive the economy in […]
Continue ReadingThe governor of the Electricity Generating Authority of Thailand yesterday said he hoped plans for the Dawei power-generation plant, which had been submitted to the Myanmar government, would be approved in time for construction of the 1,800-megawatt coal-fired facility to commence by year-end. Sutat Patmasiriwat said the Thai government had submitted the plans for the […]
Continue ReadingEnergy Minister Pongsak Ruktapongpisal believes the government’s Bt2-trillion infrastructure mega-projects, which will support future growth of communities and cities along the new high-speed-rail route, will push up demand for electricity substantially. The Energy Ministry is drafting an electricity-generation development plan from now to 2030 that will differ from the Power Development Plan 2010 as the […]
Continue ReadingSteel girders jut from the low skyline of the Thai city of Udon Thani near the Laos border as workers lay cement for a new shopping mall, one of many illustrating a boom in the Thai economy beyond the bright lights of Bangkok. The malls, factories and construction sites in Thailand’s northeast are emerging alongside […]
Continue ReadingThey were built to symbolize the city’s prosperity and vision. But after years of abandonment, stalled development or economic crisis, some of the world’s most amazing buildings have fallen into ruin and instead come to epitomize national struggle. From Thailand’s 49-storey Sathorn Unique which was abandoned after the 1997 financial crisis to Venezuela’s luxury skyscraper-turned-world’s […]
Continue ReadingMajor trading house Marubeni Corp. announced June 14 that it will work with a Thai company to develop new independent power producer (IPP) projects in Thailand and neighboring countries such as Laos, Myanmar and Cambodia. Marubeni executed a memorandum of understanding on June 13 with Global Power Synergy Co., a subsidiary of PTT Public Co., […]
Continue ReadingA veteran real-estate valuer on Wednesday played down reports that land prices in the Siam Square-Chidlom-Phloenchit area have risen to a record two million baht per square wah, saying the figure was exaggerated. The most expensive land in Thailand is found around Siam Square, Chidlom and Phloenchit. Sopon Pornchokchai, president of the Agency for Real […]
Continue Reading