Loxley, teamed with Samart Corp, won bid for Thailand’s state-owned phone operator TOT Plc’s nationwide 3G rollout with Bt16.29 billion for a contract to be signed in February. TOT on Friday morning opened a 17.4 billion baht third-generation wireless-spectrum auction online (E-auction) for procurement to expand Thailand’s 3G network. The auction took place for only […]
Continue ReadingChevron hopes to advance the startup of a $3.1 billion natural-gas project in the Gulf of Thailand to this year, in the latest step by the U.S. major to cash in on booming Asian demand for cleaner-burning fuels. The acceleration of the timetable for the Platong II project from 2012 reflects rising Thai consumption of […]
Continue ReadingThe board of the State Railway of Thailand (SRT) has endorsed a three-month extension of the contract granted to Deutsche Bahn International (DBI), the operator of the Airport Rail Link. Permanent Secretary for Transport Supoj Saplom announced the progress in the selection of a new company to oversee the management of the Suvarnabhumi Airport Rail […]
Continue ReadingThe 3G licensing saga took a new twist yesterday with True Corp becoming the sole operator to be awarded the rights to a 3G service rollout. Meanwhile, the future of other private operators hinges on TOT’s eauction for the 3G2.1GHz network today after the Central Administrative Court last night rejected the petition by the disqualified […]
Continue ReadingA record number of hotels committed with over 70 new contracts signed for key markets in the region during 2010 Accor, the world’s largest operator of hotels, announced today the company signed over 70 new development contracts in Asia Pacific during 2010, which will add over 16,000 hotel rooms to the network. This record number […]
Continue ReadingTo cash in on the fast rebound of the local retail market, Central Retail Corporation (CRC), Thailand’s largest retail conglomerate, will next month hold the official launch of its first premium Bt10 billion multipurpose complex, on the prime plot of land previously occupied by the British Embassy. Named Central Embassy, the complex is aimed at […]
Continue ReadingThailand’s Onyx Hospitality Group has opened the Amari Residences Sukhumvit. Located on Sukhumvit Soi 2/4, Amari Residences Sukhumvit is just steps away from one of Asia’s most exciting and vibrant shopping districts, Bangkok’s Sukhumvit Road. The 10-storey property features 144 tasteful and modern serviced apartments (studios, one- and two-bedroom suites) each with city views of […]
Continue ReadingHouse and land prices close to Tavoy in southern Burma where the building of a multi-billion dollar port project will gain momentum have increased up to ten-fold in recent months. A resident of Tavoy in Tenasserim division, which lies on the isthmus shared by Burma and Thailand, said that most of the new property buyers […]
Continue ReadingEricsson claims to obtain the network staging contracts of the second leading telecommunication operator DTAC in Thailand. According to the contract, Ericsson is responsible for to 3G and 4G the nationwide 2G network staging of DTAC, and is responsible for the management of the new network in the first year when the network runs. Ericsson […]
Continue ReadingPTT Group’s Gas Transmission Pipeline unit will construct its fourth pipeline this year and expects to start delivering natural gas from Rayong to Kaeng Khoi in Saraburi in 2013. Executive vice president Wichai Pornkeratiwat said yesterday that PTT had hired a contractor for the offshore pipeline, which will have a capacity of 1.2 billion cubic […]
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