Property sellers stress mass transit convenience Developers hope new mass transit lines will revive market but household debt, mortgage rejection continue to worry. Developers have pinned their hopes on the new mass transit lines to boost the property market, as a weak economy, high household debt and banks’ stricter mortgage rules are expected to continue […]
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Bangkok to get 14 new malls as Thailand gets the shopping bug Retail space, in particular shopping malls, will continue to grow this year, with health, beauty and pharmacy stores becoming the new retail battlefield. Fourteen retail projects will open in Bangkok and its suburbs this year, adding a total of 272,800sqm of space, said […]
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Policymakers to decide Krabi plant fate Energy policymakers will make a final decision on Feb 17 about whether the government will proceed with a plan to build a coal-fired power plant in the southern city of Krabi, says the Electricity Generating Authority of Thailand (Egat). Egat governor Kornrasit Pakchotanon said the National Energy Policy Council […]
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Egat seeking diversification Egat is seeking an amendment to run non-power businesses The Electricity Generating Authority of Thailand (Egat) is seeking a legal amendment be allowed to diversify into other segments that are expected to enhance the potential of its human resources and boost the organisation’s efficiency, says governor Kornsit Pakchotanon. Egat has requested changes […]
Continue ReadingThailand’s PTT picks Marubeni-Itochu venture to supply natural gas pipeline Thailand’s largest energy firm PTT Pcl has chosen a Marubeni and Itochu joint venture to supply a natural gas pipeline, the Thai company said on Thursday. Marubeni-Itochu, a joint venture between Japanese companies Marubeni and Itochu, won bids to supply state-controlled PTT with its fifth […]
Continue ReadingBlack & Veatch team picked for Bangkok power project A consortium of Black & Veatch, Sumitomo and ITD has won a contract to build new substations to improve the reliability of the power supply for industrial users in Bangkok, Thailand. The work is part of a series of electrical power system substation and transmission projects […]
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Marubeni set to win order for Thai gas plant with Siemens Japanese company also aims for LNG projects in Thailand Japan’s Marubeni and Germany’s Siemens are expected to receive an order worth an estimated 60 billion yen ($512 million) for a cutting-edge, gas-fired power plant in Thailand. The roughly 1.2 million kilowatt plant is to […]
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HCMC airport running out of space Tan Son Nhat International Airport will undergo an urgent expansion to increase annual handling capacity to 48 million passengers spread over four terminals that should be fully operational by 2021. Saigon Times media reported that Deputy Prime Minister, Trinh Dinh Dung, has urged relevant ministries, agencies, and Ho Chi […]
Continue ReadingEgat, consortium sign deal for substations THE ELECTRICITY Generating Authority of Thailand (Egat) is rolling out a series of projects for substations and transmission systems that it says will significantly improve the reliability of the electricity supply for industrial customers and increase the competitiveness of Thailand to attract investment. Egat has signed an engineering, procurement […]
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MRT board chooses BEM to operate Taopoon-Bang Sue extension The board of Metropolitan Rapid Transit (MRT) has approved the use of a special method to hire Bangkok Expressway and Metro Public Company (BEM) to operate the one-kilometre long Taopoon-Bang Sue extension connecting Blue Line with the Purple Line from Taopoon to Bang Yai. MRT governor […]
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