BANGKOK, 21 October 2014 (NNT) – The Cabinet has granted approval to the building of double-track railway on six routes next year as well as the purchase of the first lot of NGV buses within the first quarter. According to Mr Chaiwat Thongkamkoon, Deputy Director of the Office of Transport and Traffic Policy and Planning, […]
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Concrete firm upbeat after ending big losses The management team at SET-listed General Engineering Plc is turning around the concrete materials maker after years of losses, says chief executive Thitipong Tangpoonphonvivat. GEL’s performance has proved that it handled things the right way, says Mr Thitipong. “We want everyone to believe that we are committed to […]
Continue ReadingGreen Earth Power (Thailand) has signed a memorandum of agreement with the Myanmar Ministry of Electric Power (MOEP) to formalise the development of a 220-megawatt solar power plant in Minbu, in that country’s Magway Region. The signing ceremony, held on Thursday at the Grand Amara Hotel in Nay Pyi Taw, marked an important milestone for […]
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There are few safeguards against a repeat of the 2011 disaster Little tangible progress has been made on the water management projects started by the previous government after the devastating floods of 2011. Little tangible progress has been made on the water management projects started by the previous government after the devastating floods of 2011. […]
Continue ReadingThai firms likely to do well from mass of Myanmar projects Thailand’s energy investment in Myanmar is expected to remain strong in the years to come, but firms in the construction industry are expected to play a much bigger role in the country following the many development projects approved. Myanmar approved 340 high-rise projects nationwide […]
Continue ReadingMore Thai companies are wooed to pursue business opportunities in Myanmar, amid expectation of smooth political transition Thailand’s total investment in Myanmar has nearly reached US$10 billion, making the Kingdom the second-largest source of foreign direct investment (FDI) into the country after China, whose investment swelled past $14 billion.Pisanu Suvanajata, Thailand’s ambassador to Myanmar, reckons […]
Continue ReadingThe Bangkok Metropolitan Administration (BMA) is looking at demolishing the Saphan Taksin Bangkok Mass Transit System (BTS) station to make way for construction of a double track. BMA Public Works Department deputy director Thaweesak Lertprapan said yesterday the agency had proposed to the Department of Rural Roads (DRR) that to avoid demolishing the station, the […]
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BANGKOK: Airports of Thailand PCL , the country’s largestairport operator, said on Thursday that its board had approved a 61.6 billion baht ($1.9 billion) budget to expand Bangkok’s Suvarnabhumi international airport. The company plans to tap its cash holdings of 44 billion baht and earnings to finance the expansion, Chairman Prasong Poontaneat told reporters after […]
Continue ReadingPTT Plc, the Thai national oil and gas conglomerate, plans to invest more than 100 billion baht on a new gas pipeline from Rayong’s Map Ta Phut to Bangkok. The project will be its fifth pipeline to serve the constantly increasing demand for gas in the future, according to Chief Executive and President Pailin Chuchottaworn. […]
Continue ReadingMarubeni has signed memorandum of understanding (MOU) with the Ministry of Electric Power of the Republic of the Union of Myanmar (MOEP) to develop environmentally friendly 1,800MW–2,000MW coal-fired power plant. Under the MOU, Marubeni will conduct feasibility study of power plant project using environmentally friendly and highly efficient ultra-supercritical technology in Tanintharyi region in the […]
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