Construction of the Thai capital’s Purple Line electric rail project has been suspended after floodwaters flowed into several spots of the construction site, Ronnachit Yaemsaard, acting governor of the Mass Rapid Transit Authority of Thailand (MRTA), said on Tuesday. Asked how and whether the flooding will affect and delay the planned construction, Mr Ronnachit said […]
Continue ReadingThe Chairman of Golden Land Property Development PLC, Mr Christopher Delaney was delighted to be informed of the acquisition last week of 15.99 per cent of the issued shares in the company by members of the Mahagitsiri family. Members of the Mahagitsiri family last week acquired 15.99 per cent of the issued shares in Golden […]
Continue ReadingWorld’s 6th largest brewer’s first facility outside China Tsingtao Brewery, the biggest Chinese brewer, yesterday signed a memorandum of understanding with a Thai partner to jointly invest in a 5-billion-baht factory in Samut Sakhon province. It clears the way for the first Tsingtao brewery outside China. Tsingtao Beer (Thailand) Co will be set up with […]
Continue ReadingNational rail operator KTM Bhd (KTMB) is mulling over plans to set up KTM Thailand in a bid to expand its cargo and passenger business in the land of smiles. “We had discussion early this year (with the Thai authorities), and we hope it could be set up by next year with the focus on […]
Continue ReadingLeading global real estate services firm Jones Lang LaSalle has strengthened its residential spread in South East Asia by acquiring DST International Property Services in Singapore. DST International was established in 1998 to market new and refurbished residential properties around the world. This merger follows on the back of a number of recent acquisitions by […]
Continue ReadingWSP Pipe Company Limited Construction of an OCTG pipe manufacturing and sales facility at WSP Pipe, the Company wholly owned subsidiary in the Thai Chinese Rayong Industrial Zone, Thailand is near completion. The first of two hot rolling production lines with a combined production capacity of 200,000 tonnes per year commenced trial production in the […]
Continue ReadingA hotel design consultant currently working on the interior design for the Regent Phuket, which opens here early next year, says that many hotels, particularly in Phuket and Bangkok, need to rethink their aesthetics in order to remain competitive. Competition is now fierce as many thousands of new rooms are coming on the market, not […]
Continue ReadingChina’s growing presence—with infrastructure building, laborers and casinos— worries tiny Laos A two-lane asphalt road between Nan, Thailand, and Oudomxay, Laos, designed to boost regional trade and tourism, opened in mid-September with characteristic fanfare. Four Lao hill tribe models coyly held up banners, welcoming a Thai delegation to their village bordering Thailand’s northern province of […]
Continue ReadingHeat Recovery Technology for Environmental Efficiency Vogt Power International Inc. (Vogt), located in Louisville, KY, a subsidiary of Babcock Power Inc., based in Danvers, MA, has received a Limited Notice to Proceed from Black & Veatch (Thailand) Ltd. to supply Heat Recovery Steam Generators (HRSGs) and associated equipment for two Combined Cycle Power Plants, Electric […]
Continue ReadingFrench company shifting focus to BRIC countries from US, Europe France-based Alstom has adjusted its management team in Thailand as part of an aggressive bid to increase its local market share from the current level of 15 per cent. Chairman and chief executive officer Patrick Kron said yesterday in Bangkok that Alstom had decided to […]
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