A new Bangkok based hotel management group Young Star Hotels and Resorts is rolling out four midscale properties in Thailand. Well known hotelier Claude Scheffer has been recruited as Managing Director. The 80 key Star Hotel in Chiang Mai is under renovation and will be relaunched in August. An additional 160 rooms will be added […]
Continue ReadingThe Industrial Estate Authority of Thailand (IEAT) plans to develop four industrial parks along the borders to help promote trade and investment. The plan supports the East-West Economic Corridor development, which aims to link China’s southern provinces with its neighbours in the lower Mekong region, deputy governor Verapong Chaiperm said at the BoI Fair yesterday. […]
Continue ReadingAlthough its major printer factory at Hi-Tech Industrial Estate in Ayutthaya was badly hit by the flood, Canon has demonstrated its commitment to continued investment in Thailand, announcing another Bt6 billion allocated to the set-up of a new factory for multifunction copiers in Prachin Buri. Kazuhiro Kitamura, president of Canon Hi-Tech Thailand, said 100 per […]
Continue ReadingMyanmar awarded 10 onshore oil and gas blocks to eight firms in its biggest energy tender in years and is now offering nine offshore blocks, two Yangon-based sources with direct knowledge of the deals told Reuters on Friday. The winning firms were mostly from Asia, including Malaysia’s Petronas PETR.UL and Thailand’s PTT Exploration and Production […]
Continue ReadingThe Dow Chemical Company (DOW) announced that the SCG-Dow Group, a joint venture between Dow and The Siam Cement Group (SCG), has finalized the start-up of its propylene oxide (PO) facility in Thailand by successfully completing its full capacity performance test. The ground for the PO facility was broken in June 2008. Propylene oxide, a […]
Continue ReadingConstruction to expand Phuket International Airport will not be complete until March 2015 at the earliest, Airports of Thailand Vice President Prathuang Sornkhom confirmed today. ”The design of the airport will not be finalised until the middle of this year,” he told Phuketwan. ”The timetable for what can be done depends on the design being […]
Continue ReadingResidents and regular visitors to Pattaya over the past few years will have no doubt noticed the changing shape of the Naklua/Wongamat peninsula as the area undergoes something of a relative transformation, with a spate of luxury resorts and condominium developments now dotting the north Pattaya skyline. One building which has risen rather unheralded, but […]
Continue ReadingThailand’s state-owned PTT Exploration and Production (PTTEP) on Thursday signed an agreement with Myanma Oil and Gas Enterprise (MOGE) for an investment in Myanmar’s Zawtika M9 gas field. PTTEP president and chief executive Anon Sirisaengtaksin said petroleum and natural gas production will start in 2013 with a production capacity of 300 million cubic feet/day, with […]
Continue ReadingYingluck govt urged to embrace mega-projects before it is too late Situated strategically in the region, Thailand looks set to become a regional transport hub. The country has long stretches of coastal land along both the Gulf of Thailand and the Andaman Sea, which is a tremendous asset. With this geographical advantage, ideas were floated […]
Continue ReadingWhen news about Thailand’s deep South breaks in the press, images of strife and unrest are quickly conjured up. And while this article is an update about a massive uprising in the heart of downtown Pattani, one of three troubled provinces near Thailand’s border with Malaysia, this latest development does not feature any unrest, but […]
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