The Srisoonthorn Bridge, which connects Phuket to the Thai mainland, will open this week as planned. Approved in 2009, at a cost of US$12.5 million, the 655 metre bridge was dubbed ‘Sarasin Bridge 2’ during construction. The Phuket Provincial Highways Office has announced that the new bridge linking Phuket to the Thai mainland will open […]
Continue ReadingA new Japanese solar power device can generate twice the electricity of current models thanks to moving mirrors that follow the sun throughout the day, according to its developers. Smart Solar International, a Tokyo start-up that also has an office in California, will start producing the system in Japan in August, hoping it will be […]
Continue ReadingMae Moh plant first to use new technology The Electricity Generating Authority of Thailand (Egat) plans to adopt clean coal technology at its Mae Moh power plant in Lampang, replacing ageing generators with an integrated gasification combined-cycle (IGCC) system. Egat has asked the Institute of Energy Economics of Japan to do a feasibility study on […]
Continue ReadingSeadrill has been awarded a new contract by PTTEP in Thailand for the jack-up rig West Leda. The assignment is for a firm period of nine months and with an option to extend for a further six months. The contract value for the firm period is approximately US$35 million. Commencement of the operations under the new contract […]
Continue ReadingModest adjustments to existing foreign property ownership legislation to improve inbound investment could help produce major benefits in real estate, construction, retail consumption, education, transport, schooling, and tourism, says a local property executive. “We support the Joint Foreign Chambers of Commerce in Thailand, which raised the issue of foreign ownership and sought to improve inbound […]
Continue ReadingRatchaburi Electricity Generating Holding Plc has entered into a shareholder agreement for a cogeneration small power producer (SPP) project with capacity of 122 megawatts of electricity and 15 tonnes per hour of steam. The country’s largest independent power producer holds 40% in the new venture, Nava Nakorn Electricity Generating (NNEG), while industrial estate operator Nava […]
Continue ReadingSolar power here would climb to 150 megawatts by year-end from 60MW at present, Krairit Nilkooha, director-general of the Alternative Energy Development and Efficiency Department, told the third meeting of the two-day Asia Solar Energy Forum in Bangkok yesterday. Bangchak Petroleum’s 38MW and Natural Energy Development (NED)’s 55MW solar farms are scheduled to go online […]
Continue ReadingValuation prices for land on Bangkok’s outskirts could rise by up to 50% as new mass-transit routes arrive, according to Winai Wittawatkaravet, the director-general of the Treasury Department. Demand from property developers for key plots along new light rail routes will be the main driver for higher valuations, judging from past price trends from the […]
Continue ReadingOn the heels of a highly successful Australian Event, Martin Kelly is bringing the hospitality conference “No Vacancy” to Bangkok on Tuesday June 7th. A number of experienced hospitality experts including David Keen/Keen Media, Craig Hewett/Wego, Bill Barnett/C9 Hotelworks and others from well known firms Agoda, Anantara, STR Global, ACCOR, Dusit, Centara and Hoteltravel.com will […]
Continue ReadingThe Erawan Group has outlined a fiveyear investment plan to take on seven new hotels and to sell five existing properties. The group expects to spend Bt7 billion to Bt10 billion on new investment in its hotel business between now and 2015. The number of hotels will rise from 13 this year to 15 within […]
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