Myanmar News
Thailand-based Gunkul Engineering said it is increasing investment in renewable-energy plants and is expecting sales to more than double in the next three years. The power and engineering company will spend over TBH10bn ($318m) in 2013 on building and acquiring wind and solar power plants. Gunkul managing director, Sopacha Dhumrongpiyawut, told Bloomberg that the firm intends to […]
Continue ReadingThailand-based Gunkul Engineering said it is increasing investment in renewable-energy plants and is expecting sales to more than double in the next three years. The power and engineering company will spend over TBH10bn ($318m) in 2013 on building and acquiring wind and solar power plants. Gunkul managing director, Sopacha Dhumrongpiyawut, told Bloomberg that the firm intends to […]
Continue ReadingThe fountain and pool designer S. Napa (Thailand) Co Ltd plans to expand its business by 15% this year amid a boom in condominiums and concerns about health, environment and water scarcity. “The condominium boom in Greater Bangkok, Hua Hin and Pattaya spurred our swimming pool business in the first half of the year,” said […]
Continue ReadingArchetype Group, a leading multi-disciplinary construction consultancy in Asia, the Middle East and Europe, will celebrate its 10th Anniversary in September. Founded in Vietnam in 2002 by French architects and engineers, Archetype soon expanded to Cambodia, Laos, Thailand, India and France. In the past year, Archetype has continued its solid growth and opened offices in […]
Continue ReadingSixteen large industrial projects worth a combined 117 billion baht won Board of Investment (BoI) approval yesterday including proposals by big regional players Toyota, IRPC and PTT. With the BoI’s green light, PTT plans to spend 23 billion baht to develop a natural gas transport network linking Ayutthaya’s Wang Noi with Nakhon Sawan province, 16 […]
Continue ReadingKey oil and gas investors from across Asia will gather in Singapore this September to grow their portfolios during the 2nd Oil & Gas Investor Summit Asia. With more than half the world’s population residing in Asia, demand for power surpasses what the rest of the world requires to support its robust economy. Asia is […]
Continue ReadingThailand’s largest energy firm, PTT Pcl, said on Tuesday it planned to invest US$ 2-3 billion in a Burmese oil refinery, coal mines and a power plant, as part of its drive to expand in Southeast Asia. Nattachat Charuchinda, the chief operating officer for PTT’s petroleum business, told reporters in Bangkok the company planned to set […]
Continue ReadingLeading Thai companies are ready to outlay more than Bt28.5 billion setting up businesses in Myanmar following a meeting with President Thein Sein in Bangkok yesterday, amid expectations that a Charoen Pokphand Group (CP), Thailand’s biggest agro-industrial conglomerate, is set to invest US$550 million or Bt16.53 billion in Myanmar within the next three years. CP […]
Continue ReadingGMS members and the Asian Development Bank (ADB) will initiate infrastructure development projects worth 552 billion baht over the next decade. Among the priorities for ADB are an improvement in the 198-kilometre road linking Gorgarek, Thaton and Myawaddy in Myanmar to Tak’s Mae Sot district, which is part of the East-West Corridor linking Myanmar, Thailand, […]
Continue ReadingThe Labor Ministry is set to speedily tackle the problem of labor shortage in the construction sector. Labor Minister Phadermchai Sasomsub said on Wednesday that the construction industry is now experiencing the shortage of labor because of last year’s flood crisis. Mr. Phadermchai is urging business operators, who are in need of workers, to contact the […]
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