Many Japanese firms operating in Thailand will engage in talks with their parent companies on how subsidiaries in Thailand can assist headquarters or may need to adjust business plans to support their operations after the earthquake and tsunami. The Thai commerce ministry has, meanwhile, issued several urgent measures to assist exporters, including Japanese firms here […]
Continue ReadingThe current Pattaya condominium development market is very healthy according to a recent market report by Colliers International Thailand. The market saw its greatest supply of units last year since 1997, with around 4,700 being added, while a further 3,400 were launched. Purchases remain healthy throughout all the sectors, so the new supply is being […]
Continue ReadingCountries across the world that already operate or plan to invest in nuclear power plants are taking prompt action in response to the explosions at reactors in Japan, with many ordering a review of their plans in the light of the Japanese experience and the solutions the authorities there are pursuing. Prime Minister Abhisit Vejjajiva […]
Continue ReadingThe State Railway of Thailand will press on with construction of the Bang Sue-Taling Chan elevated railway line despite a court ruling against it. The Central Administrative Court ruled that the SRT unlawfully awarded a contract to the Unique-Chun Wo joint venture in 2008 to undertake the project. The court ruled last Tuesday that the […]
Continue ReadingEgco Group Plc, the country’s second-largest private power producer, plans to spend seven billion baht this year to expand capacity in keeping with demand growth. President Vinit Tangnoi said the major investments included US$215 million to double Egco’s stake in a Philippine venture, and one billion baht to expand solar power production from 73 megawatts […]
Continue ReadingJapan will provide about ¥500 billion in financial assistance to help Vietnam undertake two major infrastructure projects seen as key to promoting economic growth in the Southeast Asian nation, the Nikkei reported. Tokyo will tap its official development assistance funds as well as solicit investment capital from private companies. Japan’s first public-private aid deal for […]
Continue ReadingJapanese trading giant Marubeni Corporation has made its third offer in as many years to help build Jakarta’s Mass Rapid Transit rail line, Governor Fauzi Bowo said on Tuesday. After meeting with Teruo Asada, Marubeni’s president and chairman of the Japan-Indonesia Economic Committee, Fauzi said the company would have the opportunity to participate in the […]
Continue ReadingA-Power Energy Generation Systems, Ltd. a leading provider of distributed power generation systems in China and a manufacturer of wind turbines, today announced that it has received from Thailand’s Biomass Electricity Co., Ltd. (“Biomass Electricity”) an advance payment of US$ 8.97 million that starts the implementation phase of a project to develop a 150 megawatt […]
Continue ReadingA-Power Energy Generation Systems, Ltd. a leading provider of distributed power generation systems in China and a manufacturer of wind turbines, today announced that it has received from Thailand’s Biomass Electricity Co., Ltd. (“Biomass Electricity”) an advance payment of US$ 8.97 million that starts the implementation phase of a project to develop a 150 megawatt […]
Continue ReadingThe Government is currently undertaking feasibility studies on a high-speed rail connecting Kuala Lumpur and Singapore. Public Land Transport Commission (SPAD) chief development officer Azmi Abdul Aziz said that the feasibility studies would take about eight weeks to complete. “We have done some comparisons with other similar high-speed rail links around the world such as […]
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