Thailand’s second-largest oil retailer, Bangchak Petroleum Pcl, plans to list shares of its renewable power unit BCPG on the Stock Exchange of Thailand during September and October, a top executive said on Tuesday. Bangchak will offer up to 600 million new shares, or a stake of 30 percent, to the public, and the stock market […]
Continue ReadingWork on a railway line that would link the Gulf of Thailand and the Andaman Sea has hit a hurdle after opposition by residents in southern Thailand. The National Environment Board on Monday rejected a proposal on the project after locals complained it had been drawn up without their involvement, as required under the law. […]
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Vietnamese realty group Hoang Anh Gia Lai on Sunday put into operation a five-star hotel in Yangon, Myanmar. The hotel is housed in the group’s Myanmar Center, located some eight kilometers from downtown Yangon, on Kaba Aye Pagoda Road in Bahan Township. Hoang Anh Gia Lai (HAGL) Group is one of the leading real estate […]
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The case for renewable energy grows stronger as technology improves and costs fall, to the point where even conventional energy companies can’t ignore the opportunity for profit. While traditional energy sources still represent about 76% of global electricity production, the world today is seeing a major shift toward cleaner and more cost-competitive renewables, thanks to […]
Continue ReadingOne of the country’s fastest growing hospitality chains Kasemkij Group has a pipeline of nine (9) new properties set to come on stream over the next four years. According to The Nation the properties will be operated under the company’s in-house brands Cape, Kantary and Kameo Collection. Highlighting the pipeline are Koh Samui, Pattaya and […]
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WHEN GIVEN a choice between renewable energy and wildlife conservation, people in Samut Sakhon have opted for a solar farm for financial reasons. Tractors and trucks loaded with soil were seen busily working in a field yesterday to fill a salt pan in Ban Khok Kham in Samut Sakhon where a three-megawatt solar farm project […]
Continue ReadingAmec Foster Wheeler announces it has been awarded a Front End Engineering Design (FEED) contract by Thai Oil Public Company Limited for its Clean Fuel Project at the in Thailand. The contract is due for completion in the second quarter of 2017. The project will enable a crude distillation capacity expansion from 275,000 barrels per […]
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The Bangkok Metropolitan Administration (BMA) said it will take about a week to assess the damage at the Major Cineplex Pinklao building in Bangkok, engulfed by fire Thursday, before deciding whether the building can be saved. Prasarn Pitakvoraratana, director of the BMA’s Public Works Department (PWD), said a team from the Engineering Institute of Thailand […]
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MAGNOLIA Quality Development Corporation plans to take its real-estate design arm for both commercial and residential projects to China. “China is a huge market with a population of about 1.4 billion, 20 times as big as Thailand. Such a huge market holds great potential for the real-estate industry,” chief executive officer Visit Malaisirirat said yesterday. […]
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The Transport Ministry has agreed to cap the cost of the Bangkok-Nakhon Ratchasima high-speed train project at 179 billion baht after months of arguments with Beijing on the final figure. The 12th meeting between Thai and Chinese authorities on the joint 252.5km rail project failed to come up with a clear cost estimate, but “the […]
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