City Development is signing a contract to buy Laguna Beach Resort in Phuket next month. Singapore headquartered City Development has budgeted US$600 million (THB18 billion) to develop residential projects and take over hotels and resorts in Thailand and other Asian markets, according to The Nation. Suchad Chiaranussati, director of M Residence, a subsidiary of City […]
Continue ReadingThe Kunming-Singapore High-Speed Railway began construction on April 25. The railway will shorten the travel time between Kunming and Singapore to only a little more than 10 hours in the future. The Chinese government expects the railway to be put into operation by 2020. The line, starting from Kunming, capital of Yunnan Province; passes Mohan, […]
Continue ReadingTen-year plan to recapture leadership Japan’s Hitachi Group will boost its local production capacity for elevators, escalators and moving sidewalks in a bid to meet growing demand both in Thailand and internationally. The long-term plan extending to 2020 is aimed at reclaiming Hitachi’s leadership position within the industry. Phornthep Phornprapha, chairman of the local joint […]
Continue ReadingIAEA warns Thai public not yet ready for them The Energy Ministry has proposed Thailand delay plans to have its first two nuclear power plants in 2020 by three years after the International Atomic Energy Agency said the country was not ready for the projects. Energy Policy and Planning Office (EPPO) secretary-general Boonsong Kerdklang said […]
Continue ReadingThailand Ministry of Energy will ask the National Committee of Energy Policy and Planning Wednesday to postpone the country’s nuclear plant construction plan for another three years. Boonsong Kerdklang, acting director general of the Energy Policy and Planning Office (EPPO), said the upcoming meeting on April 27 may be the last for this administration if […]
Continue ReadingCargill, are a large multinational, in the latter stages of planning a large expansion in the food industry. We are looking for an experienced Thai based project management company to join our company on a contract basis for the duration of the project. Contact Mark Bushell at mark_bushell@cargill.com
Continue ReadingAre people trying to intentionally manoeuvre this News Article to be our ‘Most Read’ Article, or is there a genuine interest? On 9 February 2011, we uploaded a news article captioned “Zinc InVision to launch 28 hotels across Mid-East in $180m plan” which ran as follows: “Zinc InVision, a joint venture between Thailand’s InVision Hospitality […]
Continue ReadingThailand’s Charn Issara Development (CI) has revealed plans to develop two new projects in resort towns Cha-am and Hua Hin in response to growing demands from both local and overseas buyers. The first project in Cha-am will be a mixed-use development worth THB1.7 billion (US$56.84). The company will co-invest with developer Krisda Mahanakorn (KMC) in […]
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Ramayana Water Park representatives and investors held an official signing ceremony on April 8 with their partners from WhiteWater West Industries of Canada at the Inter Continental Hotel Bangkok to announce the construction of a new 900 million baht state of the art water-park in Pattaya. WhiteWater West Industries, the world’s leading designer and manufacturer […]
Continue ReadingReal estate and construction businesses reported revenue for 2010 with income over 3 trillion baht and a total profit of 35 billion baht. Italian-Thai Development PCL revenue was up to 36,676 million baht. Thirty five housing developers had combined earnings of 1.61 billion, an increase of 16%, and profits jumped more than 26% to over […]
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