The State Railway of Thailand received a warm welcome for its railway extension project in the North when it conducted its first public hearing yesterday in Phrae. The state enterprise introduced its Den Chai-Chiang Rai railway extension project to people in Phrae province. At present, the last stop on the northern route is at Chiang […]
Continue ReadingThe SET-listed contractor Toyo-Thai Corporation (TTCL) has won a 6-billion-baht contract to build the second phase of Lynas Corporation’s rare earth refinery in Malaysia. TTCL will provide engineering, procurement, construction and commissioning assistance in the expansion of the Lynas advanced materials plant in Pahang state’s Gebeng industrial estate. The plant’s first phase is due to […]
Continue ReadingThe SET-listed contractor Toyo-Thai Corporation (TTCL) has won a 6-billion-baht contract to build the second phase of Lynas Corporation’s rare earth refinery in Malaysia. TTCL will provide engineering, procurement, construction and commissioning assistance in the expansion of the Lynas advanced materials plant in Pahang state’s Gebeng industrial estate. The plant’s first phase is due to […]
Continue ReadingUS$1m-per-MW price includes existing debt Glow Energy Plc, the SET-listed private power producer, will proceed with plans to acquire the Thai unit of England-based Independent Power Corporation (IP) for 7.7 billion baht after Glow shareholders endorsed the acquisition last Friday. Natthapatt Tanboon-ek, Glow’s vice-president for finance and investor relations, said the acquisition of a 100% […]
Continue ReadingThailand’s tallest building to-be, the luxury MahaNakhon skyscraper in Bangkok has finally starting piling after a delay in the project timeline. Set to house the Ritz-Carlton luxury residences, Ian Schrager Marriott collaboration for the trendy Edition hotel and commercial/retail space. Pace Development has been under the gun to start work on site and conjecture in […]
Continue ReadingThe South Korean steelmaker Posco Ltd is preparing to purchase additional shares in Thailand’s largest stainless steel maker, Thainox Stainless Plc (INOX) and to make a tender offer for all remaining shares. The shares would be acquired from the family of Prayudh Mahagitsiri, a key financial supporter of the now-defunct Thai Rak Thai party allied […]
Continue ReadingThe South Korean steelmaker Posco Ltd is preparing to purchase additional shares in Thailand’s largest stainless steel maker, Thainox Stainless Plc (INOX) and to make a tender offer for all remaining shares. The shares would be acquired from the family of Prayudh Mahagitsiri, a key financial supporter of the now-defunct Thai Rak Thai party allied […]
Continue ReadingThe Chambers of Commerce of 13 provinces in the North will propose the Bangkok-Chiang Mai and Bangkok-Chiang Rai high-speed train projects to the in-coming government for consideration, Thaweesak Purngworakhun, chairman of Uttaradit Chamber of Commerce, said on Wednesday. The 13 provinces are Mae Hong Son, Chiang Mai, Lamphun, Lampang, Chiang Rai, Phayao, Nan, Phrae, Tak, […]
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Centara Hotels & Resorts has announced its third hotel in Bangkok, Centara Watergate Pavillion Hotel & Spa Bangkok, a 4-star property located at Rachaprarop and above the Watergate Pavillion shopping complex. The announcement follows the signing of a management contract on June 7, 2011 with Oversee Construction Co Ltd., the owners of the project. Centara’s […]
Continue ReadingKey issues on transport projects are awaiting decisions by the new government. A Transport Ministry source said one project was the Thailand-China high-speed rail system on which China is considering a memorandum of understanding submitted by Thailand. Prapat Chongsa-nguan of the Pheu Thai Party, former governor of the Mass Rapid Transit Authority, appears to be […]
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