Singha turns to commercial acquisitions for revenue 18 December 2018 SET-listed Singha Estate Plc (S), a property development arm under the Boon Rawd Brewery Group, will invest 17 billion baht to both develop and acquire four commercial projects during 2019-23 to boost revenue from recurring income to 50% from 30%. Chief executive Naris Cheyklin said […]
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As Bangkok mall hype mounts, some question pace Too much, too fast in retail development? 14 December 2018 Lights and sounds at the opening of Iconsiam last month The opening of the 54-billion-baht Iconsiam along the Chao Phraya River in southeastern Bangkok was quite the spectacle. In November, the mall spent a whopping 1 billion baht […]
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Sino-Japanese cooperation thrown off track over Thai rail project Fearing losses, private contractors unwilling to follow Tokyo’s lead 16 December 2018 Japan and China are working to improve ties through joint infrastructure projects abroad, but cooperation on a Thai railroad — a centerpiece of that effort — has already suffered. Two corporate consortia, respectively led […]
Continue ReadingPhuket’s Light Rail Project Edges Ahead 15 December 2018 Phuket province’s ambitious 58.5 kilometer light rail project is expected to go forward for approval from the government’s public-private committee early in 2019. According to news in the Bangkok Post the initial stage of the project will connect Phuket International Airport and the circle in Chalong, […]
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Sany Thaiyont construction machinery counts on state megaprojects 14 December 2018 Sany Thaiyont Co, an importer and distributor of Chinese construction machinery, expects 2019 revenue to double to 2 billion baht from demand in the construction sector, driven by the government’s megaprojects. The company expects to sell 720 units — 600 excavators, 50 road rollers, […]
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CP-led group offers lowest bid for high-speed train project connecting Suvarnabhumi, Don Mueang and U-Tapao airports 15 December 2018 A Charoen Pokphand Group (CP)-led consortium has offered the lowest bid for the high-speed railway project connecting three major airports, State Railway of Thailand (SRT) acting governor Worawut Mala said on Friday. However, the committee was […]
Continue ReadingBombardier’s wayside rail system started operating on latest Bangkok Skytrain extension 14 December 2018 •Adding connectivity to new parts of the Thai capital, a new extension will add up to 100,000 passengers a day to the total BTS Skytrain ridership •Bombardier’s system integration, advanced rail control and wayside system project delivery contributed to a seamless […]
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Bangkok’s latest mega shopping mall Iconsiam features one of the world’s longest pillarless all-glass facade Iconsiam’s completion required special glass and installation techniques. 14 December 2018 When it opened along the Chao Phraya River in Bangkok, Thailand, on Nov. 10, the massive luxury shopping mall Iconsiam—self-identified as “the Icon of Eternal Prosperity”—boasted a number of […]
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Wait ends for Thailand’s airports-link bidders 14 December 2018 COMPANIES bidding for work on the country’s high-speed railway project will learn today who are the winners and losers in the hunt for potentially lucrative revenue streams. It was also revealed yesterday that the State Railway of Thailand (SRT) expects to complete negotiations with the winning […]
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Chartered Square Holding invests over one billion THB in Pattaya’s Chee Chan Golf Resort 12 December 2018 On Wednesday, December 12th, 2018, Narit Chia-Apar (middle), chairman of the Charter Square Holding Company, founder and owner of Chee Chan Golf Resort presided over the grand opening ceremony of the Chee Chan Golf Resort and received an […]
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