Pace Development Co plans to raise its capital by one-third to four billion baht this year and start construction piling for its MahaNakhon luxury project this month to bolster buyers’ confidence after a six-month delay. At the same time, its Israeli partner, Industrial Buildings Corporation (IBC), is committed to continuing its investment in the 18-billion-baht […]
Continue ReadingItalian-Thai in talks to sell an additional 3,600 megawatts of power to EGAT from the plant Italian-Thai Development PCL President Premchai Karnasuta said Wednesday the investment cost of a planned infrastructure project in Myanmar is likely to be less than the $8 billion it had expected. He said the firm’s financial adviser, Siam Commercial Bank […]
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Hydroponics and solar power combine as a food and alternative energy solution. It may not yet be a household name, but Get IT Co, the country’s first hydroponic solar farm operator, is confident it can popularise the concept and is targeting a 10% share of the local solar power market in the next two decades. […]
Continue ReadingEEPC India will organise the Indian Engineering Exhibitions (INDEE), an annual event that is set up in different locations around the world, from June 23-26 at Bangkok International Trade and Exhibition Centre. Indian companies are putting more emphasis on exporting engineering products, particularly in the automotive industry, and also establishing factories in Thailand as part […]
Continue ReadingThailand’s largest contractor seeks buyers for 15% of potash mine project Italian-Thai Development Plc (ITD), the country’s largest contractor, is offering for sale 15% of its delayed $800-million potash mine in Udon Thani with a plan to begin construction early next year. The company has been approached by both Thai and foreign partners who want […]
Continue ReadingOne of Southeast Asia’s most charming cultural heritage destinations Luang Prabang is fast approaching a tipping point. According to the new Luang Prabang Hotel Market Update (download full report here) by hospitality consulting firm C9 Hotelworks, a large scale airport expansion and high-speed railway are leading indicators of imminent change. A runway expansion capable of […]
Continue ReadingThe inaugural Phuket Property Review by the island’s leading newspaper The Phuket Gazette has been released. Providing comprehensive information on real estate including a breakdown on what’s happened in the west, east, north, south and inland sectors, it’s a must read. Other features include design, finance and commentary by some of Phuket’s leading agencies. To […]
Continue ReadingIstana Phuket received top honours for all of Asia as Best Development (Multiple Units) Asia Pacific and Best Architecture Multiple Residence Asia Pacific. The project also won three Thailand-wide awards for Best Architecture Multiple Residence Thailand, Best Development Marketing Thailand, and Best Development (Multiple Units) Thailand. Prism Estates, developer of the Istana Phuket residential estate […]
Continue ReadingThe Mass Rapid Transit Authority of Thailand is selling bid document to select the Green Line electric train project advisor during now until June 22. It expects the contract for the 12.6-km elevated Bearing-Samut Prakan project to be signed within October, said acting Governor Ronachit Yaemsaart. He said that the advisor will oversee the design […]
Continue ReadingThe Mass Rapid Transit Authority of Thailand is selling bid document to select the Green Line electric train project advisor during now until June 22. It expects the contract for the 12.6-km elevated Bearing-Samut Prakan project to be signed within October, said acting Governor Ronachit Yaemsaart. He said that the advisor will oversee the design […]
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