Hitachi Ltd. and Mitsubishi Heavy Industries Ltd. will jointly bid next month for a contract to build an elevated railroad in Bangkok, it has been learned. The two companies are also considering integrating their overseas rail businesses after the joint bid, sources said. Analysts said such cooperation between Japanese firms could improve their competitiveness in […]
Continue ReadingThe Bangkok Post reported that Thailand energy conglomerate PTT Plc is diversifying into large scale power projects, with plans to acquire stakes in two hydropower plants in a neighboring country. Mr Tevin Vongvanich CFO of PTT Plc said that “PTT is now talking with two hydropower plant licence holders in Laos. The company wants to […]
Continue ReadingCampbell Kane, the luxury hotel developers of The Yamu, have secured backing by an investment team comprised of Singapore tycoon Ong Beng Seng’s Hotel Properties Limited and Thailand’s KS Group. Singapore‘s Jones Lang LaSalle Hotels acted as an advisor for the transaction. While construction of the Hotel was suspended due to the global financial crises, […]
Continue ReadingHere we give you the biggest renewable energy projects that came online in 2010 in the all the renewable energy industries. Renewable energy development continued at a good pace this year, with record-breaking projects announced almost as often as once per week. The editors of the renewable energy world network put our heads together to […]
Continue ReadingA river closure ceremony of the lower Russei Chrum river was held on Tuesday in Mondol Sima district of Koh Kong province for the construction of Cambodia‘s 338 megawatt Russei Chrum Krom hydroelectric dam which was invested and was building by China Huadian Corp. The ceremony was attended by Cambodian Prime Minister Hun Sen, Chinese […]
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Building owners not aware of legal issues The new headquarters for the SET — the 6-billion-baht Thai Capital Market Centre planned for Ratchadaphisek Road, will feature high energy efficiency and apply for gold certification under the Leadership in Energy and Environmental Design (LEED) green building rating system (pictured). Though the Energy Conservation Promotion Act that […]
Continue ReadingStarwood Hotels and Resorts Worldwide’s Four Points by Sheraton brand has debuted in Thailand with the opening of the Four Points by Sheraton Bangkok, Sukhumvit 15. Located in Sukhumvit, Bangkok’s prime entertainment and commercial district, the 268-room property will offer great convenience to both leisure and business travellers.
Continue ReadingBangkok condo sector divided by Ray Clancy The condominium property sector in Bangkok is clearly split into two areas that are at different stages of their cycles, according to the latest quarterly Residential Sales Market View for the third quarter of 2010. The market for larger downtown units has been slow with few new project […]
Continue ReadingNawarat Patanakarn Plc (NWR), a leading construction contractor, has just signed a new agreement to for a contract that is worth 4 billion Baht, to construct a port in Laem Chabang. Watcharapat Watcharapai, general manager of NWR, said that the company has just made a deal to construct a port in Laem Chabang, worth 4 […]
Continue ReadingLaos to increase forest coverage in 5-year plan The Nation (Thailand) Laos plans to increase its forest coverage from less than 41 per cent now to 65 per cent by 2015, state media reports said. Increased woodland is important to safeguard the country’s water resources, essential to drive the hydropower plants that earn the country […]
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