The Thai unit of Singapore-listed developer TEE Land intends to get into the luxury property segment and also build more landed homes. Bangkok-based Chewathai Public Co develops mostly mass-market and mid-tier condominiums but sees opportunity in new market segments. Managing director Boon Choon Kiat told The Straits Times in an exclusive interview yesterday: “We hope […]
Continue ReadingAs large-scale construction projects ramp up across the country, trading company Inginn Nwe has partnered with US firm Erico to bring niche electrical and mechanical equipment to the Myanmar market. Inginn Nwe Company, which also distributes French brand Schneider Electric, signed a contract in August 2015 with Erico to become its sole distributor and is […]
Continue ReadingConstruction firm trying to clinch more projects in Malaysia Muhibbah Engineering (M) Bhd is hoping to clinch more construction jobs in Myanmar and Indonesia as it scours the region for opportunities in the economic downturn. “Myanmar and Indonesia are good markets so we are paying a lot of attention to them. As for the former, […]
Continue Reading
SSE chief executive Kessara Thanyalakpark said the company would more than triple its current capacity of 30MW to reach the target. (Photo supplied by the company) SET-listed Sena Development Plc is diversifying into solar power and expects to tap rising demand for renewable energy. The property developer marked the official opening of wholly owned Sena […]
Continue Reading
The State Railway of Thailand (SRT) will propose seven dual-track railway routes to the cabinet for its approval this month. SRT Governor Wutthichart Kalayanamitr yesterday said the seven double-track rail lines will be submitted to the Transport Ministry before being forwarded to the cabinet. If the submissions are approved, bidding for the seven rail routes […]
Continue ReadingAndritz Hydro is to supply electromechanical equipment to the 720MW Srinagarind hydropower plant in a contract awarded by the Electricity Generating Authority of Thailand (EGAT). The deal includes includes the supply of three vertical Francis runners, including model test, generators, governors, automation system, main transformer, medium- and low-voltage switchgears, power and control cables, fire protection […]
Continue ReadingThe solar cell producer is planning to build a high-grade silicon production facility in western Thailand. However, to break into the market it may require more investment and a turnaround in polysilicon market prices. It seems that there is no end to the interest in solar-based manufacturing in Southeast Asia. After a number of solar […]
Continue Reading
Singapore has become Vietnam’s leading investment partner after investing more than US$36 billion in numerous local projects, including processing, technology, manufacturing, real estate, construction, transportation, and storage. According to statistics provided by Vietnam’s Foreign Investment Agency, Singapore-based firms implemented 30 new projects and increased investment levels in six existing projects in the first two months […]
Continue ReadingBy John Draper, Peerasit Kamnuansilpa Doubts over financing, speed and who operates the line are NCPO The vision behind China’s Trans-Asia Railway is breathtaking and seeks to re-establish the classical Silk Road in a re-imagined Silk Road Economic Belt. It would bring Bangkok into direct contact with the economic powerhouse of Chengdu, capital of Szechuan […]
Continue Reading
Contractors suffocate after accidentally triggering fire extinguisher system in the headquarters of a major Thai bank, causing oxygen levels to plummet Eight people died and seven were injured when they accidentally triggered a fire extinguisher system in the headquarters of a major Thai bank, releasing a suffocating cloud of chemicals. The accident occurred late on […]
Continue Reading