Siemens Thailand sees big opportunity in Eastern Economic Corridor (EEC) 25 June 2018 SIEMENS LTD Mobility Division will pitch its expertise to provide smart solutions including power grid, infrastructure, and innovation to support the Eastern Economic Corridor (EEC), the company’s senior vice president and country division leader Tomasz Mazur told The Nation recently. “The strategy […]
Continue ReadingFirst of 22 metro trains for Bangkok’s Green Line ready for shipment 21 June 2018 The first of 22 four-car metro trains destined for Bangkok’s Green Line extension has been manufactured and is ready to be shipped to Thailand from Turkey. In May 2016, Bangkok Mass Transit System Public Company (BTSC) placed an order for […]
Continue Reading
AccorHotels signs a Pullman in Khao Lak 22 June 2018 AccorHotels has signed an agreement with Thailand-based real estate developer, Khaolak Inter Co Ltd, to manage a new 251-room hotel, due to open 2021 and branded Pullman Khao Lak Resort. The resort will be the hotel group’s second partnership with the real estate developer following […]
Continue Reading
Airports of Thailand approves B42bn for Suvarnabhumi expansion 20 June 2018 Airports of Thailand’s (AoT) board approved an investment budget of 42.1 billion baht for the expansion of Suvarnabhumi, Thailand’s main airport, the state-owned company said on Wednesday. The sum, still subject to cabinet’s approval, will be used for the long-delayed expansion of the international […]
Continue Reading
Siemens and Bozankaya roll out Bangkok Skytrain vehicle 19 June 2018 The first train that Siemens and Bozankaya are supplying for Bangkok’s Skytrain elevated metro was rolled out at Bozankaya’s Ankara factory on June 19. The train is due to leave the Turkish port of Borusan at the end of June and arrive at the […]
Continue Reading
Modulift and Siemens design rig for dockside lifts 19 June 2018 Below-the-hook equipment manufacturer Modulift and Siemens Heat Transfer Technology B.V. combined forces to design a special rig for lifting modules that weighed nearly 200t apiece. Modulift sent two rigs for on- and off-load in Korea and Thailand respectively—a total of 16 no. 34t capacity […]
Continue Reading
B.Grimm steps up overseas growth with 420-MW solar deal in Vietnam 19 June 2018 Thai infrastructure developer and power generation firm B.Grimm Power Public Company (SET:BGRIM) has struck a deal with Vietnamese conglomerate Xuan Cau to build a 420-MW solar park in Vietnam. The joint cooperation agreement was signed on Friday, B.Grimm Power said in […]
Continue Reading
PTT expands power generation with $3bn acquisition in Glow Energy Thai’s state-owned conglomerate to strengthen non-oil business 18 June 2018 BANGKOK — Thailand’s state-owned oil and gas conglomerate, PTT, has approved a plan to spend up to 100 billion baht ($3 billion) to acquire a 69.11% stake in Glow Energy, a listed power generating company. […]
Continue Reading
Japan JVs on track for B53 bn in condo launches 19 June 2018 JAPANESE developers are increasingly drawn to the Thai property market, seeking out joint ventures with local real estate companies that could see at least Bt53.1 billion worth of condominium launches in the second half of this year, a survey by The Nation […]
Continue ReadingCBRE Thailand bullish on the kingdom’s office market 18 June, 2018 Thailand’s property market will keep growing as land and residential prices soar, just as office rents have risen consistently over the past three decades despite two major economic crises in 1997 and 2008, according to property consultancy CBRE Thailand. “Each cycle took 10 years, […]
Continue Reading