The Nation reported that demand for major building materials like cement and steel is expected to continue growing by 5% to 10% in 2011, driven by mega projects, home repairs after the floods last year and expansion in some industries like automobiles. Mr Pramote Techasupatkul president of SCG Cement predicts that overall cement demand will […]
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The director of the Phuket Land Office in Thailand has implored local people not to sell their land to non-islanders. According to local media reports, director Paitoon Lertkrai made his comments outside a Ministry of the Interior seminar at the Royal Phuket City Hotel at the end of December. ”I would like to tell Phuket […]
Continue ReadingPylon Plc, a foundation construction specialist, is aiming for record-high revenue of one billion baht this year from aggressive expansion of its civil works business, especially for government infrastructure megaprojects. Bordin Sangarayakul, a senior executive vice-president, said the MAI-listed company would bid for 600 million baht worth of new contracts excluding construction related to new […]
Continue ReadingThree Dolphins Group acquires Phuket landmark Mom Tri’s Boathouse Phuket, Thailand Khun Narong Pattamasaevi, the Executive Chairman of Three Dolphins Co., Ltd., which owns and operates world-renowned Trisara, Phuket, made the announcement the Three Dolphins Group has signed contracts to complete transactions to acquire 100% of shares in The Boathouse Inn and Restaurant Co., Ltd. […]
Continue ReadingThree Dolphins Group acquires Phuket landmark Mom Tri’s Boathouse Phuket, Thailand Khun Narong Pattamasaevi, the Executive Chairman of Three Dolphins Co., Ltd., which owns and operates world-renowned Trisara, Phuket, made the announcement the Three Dolphins Group has signed contracts to complete transactions to acquire 100% of shares in The Boathouse Inn and Restaurant Co., Ltd. […]
Continue ReadingCSR Corporation denied rumors of its merger with China CNR Corporation , reports dfdaily.com, citing a filing by CSR Corporation. According to Financial Times, the merger may lead to the creation of a monopoly controlling 90 percent of the domestic rail road equipment manufacturing market with sales revenue exceeding those of Bombardier, Alstom, and Siemens. […]
Continue ReadingRatchaburi commits B17.8bn to new capacity Thailand’s largest private power producer, Ratchaburi Electricity Generating Holding Plc (RATCH), is moving ahead with 17.8 billion baht in investments this year to expand power capacity. Of the total, 16.5 billion baht will be used to build three cogeneration power plants under the small power producer (SPP) programme. The […]
Continue ReadingBy Kanana Katharangsiporn, Bangkok Post, Thailand Jan. 07–Despite an expected slowdown in the condominium market this year, property development remains attractive to contractors with at least two firms including non-listed Ritta Co Ltd and SET-listed Pre-Built Plc entering the higher-margin business from 2009-10. Ritta embarked on property development as the country faced a political crisis […]
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A Chinese company will invest US $100 million toward the construction of an airport near Naypyidaw, the new capital built by Burma’s ruling junta in 2004, in the latest move by China to expand its involvement in the Southeast Asian country’s transport sector. The company, China Communications Construction (CCC), signed a deal to work on […]
Continue Reading A Chinese company will invest US $100 million toward the construction of an airport near Naypyidaw, the new capital built by Burma’s ruling junta in 2004, in the latest move by China to expand its involvement in the Southeast Asian country’s transport sector. The company, China Communications Construction (CCC), signed a deal to work on […]
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