The State Railway of Thailand will press on with construction of the Bang Sue-Taling Chan elevated railway line despite a court ruling against it. The Central Administrative Court ruled that the SRT unlawfully awarded a contract to the Unique-Chun Wo joint venture in 2008 to undertake the project. The court ruled last Tuesday that the […]
Continue ReadingEgco Group Plc, the country’s second-largest private power producer, plans to spend seven billion baht this year to expand capacity in keeping with demand growth. President Vinit Tangnoi said the major investments included US$215 million to double Egco’s stake in a Philippine venture, and one billion baht to expand solar power production from 73 megawatts […]
Continue ReadingJapan will provide about ¥500 billion in financial assistance to help Vietnam undertake two major infrastructure projects seen as key to promoting economic growth in the Southeast Asian nation, the Nikkei reported. Tokyo will tap its official development assistance funds as well as solicit investment capital from private companies. Japan’s first public-private aid deal for […]
Continue ReadingQuality of life and retirement are the top reasons people leave UK while fish and chips and a good pint are missed most by expats, a new survey reveals today. Those from the south east of the country are the most likely to relocate abroad, according to the Happiness Index from Post Office International Payments. […]
Continue ReadingJapanese trading giant Marubeni Corporation has made its third offer in as many years to help build Jakarta’s Mass Rapid Transit rail line, Governor Fauzi Bowo said on Tuesday. After meeting with Teruo Asada, Marubeni’s president and chairman of the Japan-Indonesia Economic Committee, Fauzi said the company would have the opportunity to participate in the […]
Continue ReadingA-Power Energy Generation Systems, Ltd. a leading provider of distributed power generation systems in China and a manufacturer of wind turbines, today announced that it has received from Thailand’s Biomass Electricity Co., Ltd. (“Biomass Electricity”) an advance payment of US$ 8.97 million that starts the implementation phase of a project to develop a 150 megawatt […]
Continue ReadingThe Government is currently undertaking feasibility studies on a high-speed rail connecting Kuala Lumpur and Singapore. Public Land Transport Commission (SPAD) chief development officer Azmi Abdul Aziz said that the feasibility studies would take about eight weeks to complete. “We have done some comparisons with other similar high-speed rail links around the world such as […]
Continue ReadingW Bangkok has been topped off and construction is on schedule for completion mid 2012. Bangkok’s most exciting and unique upper upscale hotel has now been topped off and structural work is complete on its 408 rooms and extensive facilities. W Bangkok is owned by North Sathorn Hotel Company Limited, a joint venture between Istithmar […]
Continue ReadingLoxley Plc, one of Thailand’s largest trading conglomerates, has expanded into the renewable energy business by investing in solar farm projects in Thailand and exploring opportunities in neighbouring countries. Piboon Piboontum, vice-president for financial management, said Loxley’s joint venture was building an 8.7-megawatt solar farm on 215 rai of land in Prachin Buri at a […]
Continue ReadingThe ‘luxury experiential’ Anantara hotel brand is poised to launch its first urban hotel with the opening of Anantara Bangkok Sathorn later this month. Twin towers of 37 floors rise prominently amidst Bangkok’s city skyline, offering distinctive short and long term stays. Rooms range from 40 square metre to 121 square metre two bedroom suites, […]
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