Zinc InVision Hospitality today said it is likely to invest up to USD 90 million (nearly Rs 400 crore) in India in the next three- five years to own and operate hotel properties. The company plans to operate up to 15 hotels in the next three years in the country through a mix of ownership and […]
Continue ReadingExpressing strong confidence in Thailand’s economic growth and the booming Pattaya property market, two Israeli investors will commit 2 billion baht to develop a waterfront project after spending 300 million baht to buy out its owner, the Israeli company Erland Land Co. Kobi Elbaz, CEO and founder of Pattaya-based Tulip Group, said the group and […]
Continue ReadingConstruction will begin in August on a second bridge linking Mae Sot and Myawaddy, the major trading point between the two countries, according to sources close to Thai authorities in Tak Province. The bridge, to be financed by Thailand, will link Yaypu in Myawaddy Township and Mae Sot. “Trucks will use this bridge, and they […]
Continue ReadingMainboard-listed Rotary Engineering has clinched 13 contracts totalling S$40 million from April this year for projects based in Thailand and Singapore. Singapore-based projects included a contract for mechanical works for an oil major, as well as for construction of two fuel tanks and a water tank for Alstom Power Singapore. In Thailand, the group will […]
Continue ReadingEngineering consultants presented their feasibility study for the controversial Kathu to Patong tunnel project during a meeting held at the Royal Phuket City Hotel in Phuket Town earlier this week. The six billion baht (US$201 million) proposal includes two one-way tunnels, each 1600 metres long, which will cut through the Nakkerd Hills. At the Patong […]
Continue ReadingLuxury Phuket resort collects ‘Best Design Spa’ and Best Design Suite’ in Design et al International Hotel and Property Awards 2011, and announces new Pool & Spa Villas Leading Luxury Phuket resort Indigo Pearl has yet again received the honor of two major accolades for its unique design concept inspired by the island’s ancient tin […]
Continue ReadingCentara Hotels&Resorts has announced that its first property in Khon Kaen, in northeastern Thailand, will have its soft-opening at the end of 2011. Centara Hotel&Convention Centre Khon Kaen is a new development built by Khon Kaen Buri Company Limited and will be managed by Centara under a management contract signed in August 2009. A 12-story […]
Continue ReadingAccording to many experts, the capital of Thailand is in danger of being submerged by waters. The Thai government does not seem to realize the urgency of the situation Day after day, Bangkok sinks. Inexorably. The most pessimistic experts are afraid part of Thailand’s capital will be submerged by 2030. Specialists complain about the absence […]
Continue ReadingIn his testimony, Richard Murray from SABIC Petrochemicals BV wrote that he obtained ‘a very good review of the main issues and growth areas in the industry”. For Tetsuji Ogura from JX Nippon Oil & Energy Corp, 17th APS was ‘very useful’, while Shafi AlAjmi of PIC Kuwait proclaimed it as an “excellent conference”. These […]
Continue ReadingEight of GE’s gas turbines will be generating 300MW for PTT Utility’s power generation plants in Rayong, Thailand. PTT Utility Company Limited, which generates electrical power and steam for Thailand’s industrial sector, has signed a long-term service agreement with GE valued at more than $40 million. The 13-year contractual service agreement includes power output efficiency, […]
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