Building of $491 million deep water port begins

Building of the US$491 million Cua Lo deep water port in central Nghe An Province started yesterday. The first phase, of the three-phase project in Nghi Thiet Commune, the Nghi Loc District, will include a wharf for 30,000-tonne vessels and another for 50,000-tonne vessels. The work is scheduled for completion in 2015. Four wharves for […]

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Glow plans to spend B4bn on British firm's assets

SET-listed Glow Energy expects to invest about 4 billion baht to acquire assets of England-based Independent Power (IP) in Thailand and up to US$200 million to build a new 120-megawatt unit near its Huay Ho hydroelectric plant in Laos. Chief financial officer Suthiwong Kongsiri said Paris-based GDF Suez, which holds 69% of Glow, has considered […]

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Glow plans to spend B4bn on British firm’s assets

SET-listed Glow Energy expects to invest about 4 billion baht to acquire assets of England-based Independent Power (IP) in Thailand and up to US$200 million to build a new 120-megawatt unit near its Huay Ho hydroelectric plant in Laos. Chief financial officer Suthiwong Kongsiri said Paris-based GDF Suez, which holds 69% of Glow, has considered […]

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High-speed rail between Yunnan and Myanmar on agenda

Construction of a high-speed rail link between Yunnan province and neighboring Myanmar, part of a project to upgrade transport connections with Southeast Asian nations, will start in about two months, a top rail expert said. The line, from Kunming, capital of Yunnan province, to Yangon, Myanmar‘s largest city, will be 1,920 kilometers long, said Wang […]

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Shangri-La hotels looks for expansion in Thailand

If some Bangkok hotels like to display ostentatious luxury, the Shangri-La hotel in Bangkok has systematically adopted the contrary approach. Since its opening, the hotel has built its reputation on its sense of discreet luxury. Over the last two years, Shangri-La Bangkok has embarked on one of its most extensive renovations, transforming completely all the […]

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