Singapore-based COMO Hotels and Resorts is to develop and manage a new property on the Yamu peninsula of Phuket in Thailand. Located in Phang Nga Bay on the northeast coast of Phuket, this property is the ninth member of COMO’s portfolio and is scheduled to open in September 2012. The key partners in this project […]
Continue ReadingYokogawa receives control system order for thermal power plant Marubeni Corporation has specified a Yokogawa control system for the Nghi Son 1 thermal power plant (two 300 MW units) being built by Vietnam Electricity (EVN) in the Nghi Son district of Thanh Hoa Province, in the northern part of the country. In this project, Yokogawa […]
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Hydropower might help the region but risks loss of biodiversity and a way of life The sleepy Lao village of Ban Hat exists today much as it has for decades. Village children dart amongst their families’ fishing boats, laughing as they splash one another with the muddy water of the Mekong River. Life is defined […]
Continue ReadingThe Nation reported that demand for major building materials like cement and steel is expected to continue growing by 5% to 10% in 2011, driven by mega projects, home repairs after the floods last year and expansion in some industries like automobiles. Mr Pramote Techasupatkul president of SCG Cement predicts that overall cement demand will […]
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The director of the Phuket Land Office in Thailand has implored local people not to sell their land to non-islanders. According to local media reports, director Paitoon Lertkrai made his comments outside a Ministry of the Interior seminar at the Royal Phuket City Hotel at the end of December. ”I would like to tell Phuket […]
Continue ReadingPylon Plc, a foundation construction specialist, is aiming for record-high revenue of one billion baht this year from aggressive expansion of its civil works business, especially for government infrastructure megaprojects. Bordin Sangarayakul, a senior executive vice-president, said the MAI-listed company would bid for 600 million baht worth of new contracts excluding construction related to new […]
Continue ReadingThree Dolphins Group acquires Phuket landmark Mom Tri’s Boathouse Phuket, Thailand Khun Narong Pattamasaevi, the Executive Chairman of Three Dolphins Co., Ltd., which owns and operates world-renowned Trisara, Phuket, made the announcement the Three Dolphins Group has signed contracts to complete transactions to acquire 100% of shares in The Boathouse Inn and Restaurant Co., Ltd. […]
Continue ReadingCSR Corporation denied rumors of its merger with China CNR Corporation , reports dfdaily.com, citing a filing by CSR Corporation. According to Financial Times, the merger may lead to the creation of a monopoly controlling 90 percent of the domestic rail road equipment manufacturing market with sales revenue exceeding those of Bombardier, Alstom, and Siemens. […]
Continue ReadingRatchaburi commits B17.8bn to new capacity Thailand’s largest private power producer, Ratchaburi Electricity Generating Holding Plc (RATCH), is moving ahead with 17.8 billion baht in investments this year to expand power capacity. Of the total, 16.5 billion baht will be used to build three cogeneration power plants under the small power producer (SPP) programme. The […]
Continue ReadingBy Kanana Katharangsiporn, Bangkok Post, Thailand Jan. 07–Despite an expected slowdown in the condominium market this year, property development remains attractive to contractors with at least two firms including non-listed Ritta Co Ltd and SET-listed Pre-Built Plc entering the higher-margin business from 2009-10. Ritta embarked on property development as the country faced a political crisis […]
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