The oil and gas industry has had the highest number of prosecutions for bribery in the UK compared to any other sector in recent years. Five (almost 20%) of the 26 cases of bribery and graft prosecuted since 2008 were in the oil and gas sector. Other top offending sectors were construction, medical goods and insurance […]
Continue ReadingParliament will invite more bidders to vie for the contract to construct the new building in the Kiakkai area for a budget of 12 billion baht, he said. The project has so far attracted only four bidders _ Italian-Thai Development Plc, Syntec Construction Plc, Power Line Engineering Plc and Sino-Thai Engineering & Construction Plc. Construction […]
Continue ReadingGovernment-led consortium will join race to participate in Thailand’s water management project A government-led consortium plans to jump into an international bidding war to participate in a large-scale water management project in Thailand, which Seoul officials say could become the first case of exporting Korea’s own four-river restoration project. The Ministry of Land, Transportation and […]
Continue ReadingThailand’s largest energy firm, PTT Pcl, said on Tuesday it planned to invest US$ 2-3 billion in a Burmese oil refinery, coal mines and a power plant, as part of its drive to expand in Southeast Asia. Nattachat Charuchinda, the chief operating officer for PTT’s petroleum business, told reporters in Bangkok the company planned to set […]
Continue ReadingLeading Thai companies are ready to outlay more than Bt28.5 billion setting up businesses in Myanmar following a meeting with President Thein Sein in Bangkok yesterday, amid expectations that a Charoen Pokphand Group (CP), Thailand’s biggest agro-industrial conglomerate, is set to invest US$550 million or Bt16.53 billion in Myanmar within the next three years. CP […]
Continue ReadingSingaporean rescuers gather outside the Downtown Line (DTL) Bugis Station subway construction site in Singapore on July 18, 2012. Two workers are still missing after the temporary scaffolding used for the construction of the new subway link roof slab gave way. It was the latest incident to hit Singapore’s metro train system, which has been […]
Continue ReadingPrime Minister Yingluck Shinawatra yesterday ordered agencies to expedite measures to alleviate the congestion at Suvarnabhumi Airport. After inspecting the problem-plagued Bangkok airport, Yingluck said a committee would be formed to follow up on immediate and long-range plans closely to ease the crowding, shorten delays and also to expand aircraft and passenger capacity. Thailand should […]
Continue ReadingRICS ASEAN Conference in Bangkok attracted over 200 participants The recent RICS’ ASEAN Conference which wrapped up last week at the Sheraton Grande Sukhumvit Hotel in Bangkok attracted over 200 participants from Thailand and across Asia, consisting of many top executives from the government, property, surveying, financial and engineering fields. Renowned speakers from academic, private and public […]
Continue ReadingGMS members and the Asian Development Bank (ADB) will initiate infrastructure development projects worth 552 billion baht over the next decade. Among the priorities for ADB are an improvement in the 198-kilometre road linking Gorgarek, Thaton and Myawaddy in Myanmar to Tak’s Mae Sot district, which is part of the East-West Corridor linking Myanmar, Thailand, […]
Continue ReadingThe Labor Ministry is set to speedily tackle the problem of labor shortage in the construction sector. Labor Minister Phadermchai Sasomsub said on Wednesday that the construction industry is now experiencing the shortage of labor because of last year’s flood crisis. Mr. Phadermchai is urging business operators, who are in need of workers, to contact the […]
Continue Reading