CSR denies merger with China CNR

CSR 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. […]

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Ratchaburi commits B17.8bn to new capacity

Ratchaburi 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 […]

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Airport Just Latest Chinese Foray into Burma's Transport Sector

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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Airport Just Latest Chinese Foray into Burma’s Transport Sector

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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The Yamu Phuket backed by Ong Beng Seng in Singapore

The Yamu, a luxury villa and hotel resort in Phuket, Thailand has secured financial backing from Singaporean investment group Hotel Properties Limited and the Thai KS Group in Thailand. Luxury villa and hotel resort, The Yamu, has secured financial backing from Singaporean investment group Hotel Properties Limited (HPL) and from the Thai KS Group in […]

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High-speed rail has potential to benefit both Thailand and China

THE NATION The Sino-Thai bullet-train project should advance the interests of both countries, observers say. A Transport Ministry source notes that the attempt of Thailand to make the project happen soon could bring unwelcome consequences to the country. No evaluation has been conducted yet on all the economic impacts of the project on the country. […]

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Mekong Dams will unleash untold misery

When Zeus warned Pandora never to open the box given to her, the temptation proved too strong and Pandora forever unleashed into the world misery, suffering and sorrow. Today, much like this mythical Greek tragedy, the decision-makers of the Mekong sub-region face a similar temptation in the form of a cascade of hydropower dams proposed […]

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CSR aims for No 1 in high-speed railroads

China South Locomotive & Rolling Stock Corporation Limited (CSR) is aiming to become the world’s top high-speed train manufacturer in the next five years, a top executive said on Monday. CSR, the word’s third-largest high-speed train producer, behind Bombardier and Alstom, will focus on the domestic market and tap more overseas opportunities, including those in […]

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