China-Thailand deal agreed in principle Thailand and China have agreed in principle on a 250-billion-baht joint investment in a high-speed rail project linking Nong Khai in the Northeast with Bangkok and continuing to the southern border town of Padang Besar, a total distance of 1,500 kilometres. The target speed of the rail project is 200-250km/h, […]
Continue ReadingSuthep hopes project will be finished by 2015 China is pushing Thailand to give its quick approval for an Asian railway project linking the Lao border in the northeast with Malaysia in the south. Deputy Prime Minister Suthep Thaugsuban said yesterday after returning from China that the government hoped to complete the Thai section of […]
Continue ReadingLuxury segment has ‘too many players’ Centara Hotels & Resorts hopes its latest launch of three-star Centra and Centara Boutique Collection brands will become its key revenue driver in hotel management over the next few years. Ronnachit Mahattanapreut, senior vice-president for finance of Central Plaza Hotel Plc (Centel), the parent firm of Centara, said it […]
Continue ReadingITD Cementation India has announced that the company in Joint Venture with its promoter, Italian-Thai Development Public Company Ltd, Thailand one of the leading contracting organizations in South East Asia, has been awarded a contract worth over Rs 228 crore by Delhi Metro Rail Corporation (DMRC) for construction of elevated road & metro viaduct for […]
Continue ReadingNong Khai-Padang Bezar high-speed train construction to be done in 4 years: Suthep Deputy Prime Minister Suthep Thaugsuban said the construction of the Nong Khai(Thailand)-Bangkok-Padang Bezar (Malaysia) high-speed train will start next year and will be completed in four years. Suthep said he visited China to discuss the project in details on Saturday.
Continue ReadingStarwood Hotels & Resorts Worldwide will unveil the 227-room St. Regis Bangkok, designed by Brennan Beer Gorman (BBG) Architects by early 2011, featuring the first Elemis Spa in Thailand. The new starwood property developed by Minor International PLC marks the first St. Regis hotel in Thailand and the Indochina region. To be opened on 1 […]
Continue ReadingChina has signed a US$2.4 billion loan agreement with Myanmar to finance the construction of a natural gas pipeline between the countries, media reports said Sunday. The loan was inked between the China Development Bank Cooperation and Myanmar Foreign Investment Bank on Nov. 30 in Napyitaw, the new capital, the Myanmar Times reported. The pipeline […]
Continue ReadingTwo years of shoring up finances, restructuring and refining focus begin to pay off for luxury property developer Raimon Land Plc, the listed luxury property developer, has spent the past two years addressing its financial problems, restructuring, refocusing its market and adjusting its business direction and strategy. The move seems to be paying off. Beginning […]
Continue ReadingEngineering and construction firm Punj Lloyd today said it has secured a Rs 1,292 crore work order from Thailand‘s state-run PTT Public Company for construction of a gas pipeline, besides a separate project worth Rs 169 crore from Indian Oil Corporation. The Thailand project involves the construction of a 294-km-long pipeline to transport a mixture of […]
Continue Readingby Mayo Martin SO THERE I was at a nightclub called Muang Swa. A live band was well into an all-Thai pop rock set. And the locals were, well, I had no idea what they were doing. It seemed to be a cross between some traditional folk dance and a barn dance. Welcome to Luang […]
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