• GE said it is merging its oil and gas business with oil-field services provider, Baker Hughes Inc. • GE will own 62.5 percent of the new publicly traded company, Baker Hughes shareholders will own 37.5 percent • The new publicly traded company will have a combined revenue of $32 billion TEXAS, U.S. – In […]
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Seven construction companies submitted on Monday sealed bids vying for the civil works construction of the eastern section of the Orange Line from Thailand Cultural Centre to Min Buri (Suvinthawong). The civil works of the project are divided into six contracts as follows: The E1 underground civil works contract from Thailand Cultural Centre to Ramkhamhaeng […]
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KACO new energy accelerates the energy turnaround in Thailand Thumps up for the future of the Thai PV business The German photovoltaic specialist has joined forces with other companies in the industry as part of a new initiative. The “Powerful Blueplanet” alliance is aiming to further the development of the solar energy business in Thailand. […]
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China-Laos railway to become a demonstration project Director General of Laos-China Railway Company Zhao Xiang (R, front) shakes hands with a representative of China’s Sinohydro Corporation Ltd. in Vientiane, capital of Laos, Oct. 24, 2016. China-Laos railway will be built to become a demonstration project in “Go Global” strategy, said Chinese companies participating in a […]
Continue ReadingJapanese trading house Sumitomo Corp. will construct Thailand’s largest gas-fired power plant by capacity in a deal valued at roughly 65 billion yen ($625 million), tapping energy-efficient turbines by General Electric. Sumitomo is to sign a contract with the Electricity Generating Authority of Thailand in 2017 and begin construction that year, with completion targeted for […]
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Danang International Airport’s new international terminal will open by April next year. Saigon Times media reported the new international terminal will open 30 April, 2017, ahead of the hosting of the Asia-Pacific Economic Cooperation (APEC) forum that will be held in Danang later in the year. Construction of the outer structure will be completed by […]
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Siemens extends Thai windfarm servicing deal THAILAND: Siemens will service its turbines at the 207MW Korat complex for a further 13 years, following a contract extension with Wind Energy Holding. The Korat 1 and 2 projects together comprise 90 Siemens 2.3MW turbines with 101-metre rotors. They are among the largest operating projects in Thailand. Construction […]
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DHIPAYA INSURANCE, Thailand’s second-largest general insurance firm, plans to start operating in Cambodia next year. It will adjust its strategy to fit that market, as selling insurance in Cambodia is more challenging than in Laos, where the company began doing business last year. Managing director Somporn Suebthawilkul said the company was applying for an insurance […]
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From remote villages to the bright lights of Bangkok, one entrepreneur believes that renewable energy is way to go Mr Somboon believes in his renewal energy business but he also wants it to mean something to society, he says. Around 10 years ago, a young man set off to study electrical power engineering at university […]
Continue ReadingGLOBAL construction-equipment manufacturer JCB has announced the official appointment of DKSH as its market expansion services provider in Thailand. DKSH says this new partnership will provide sales, parts and service support for the full line of JCB machines – and consequently assist JCB in expanding its market reach in Thailand. This move is in response […]
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