House 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 […]
Continue ReadingThai Glow to start Gheco-1 power plant in Q4 Expects to win approval in second round SPPs Thailand’s third-largest private power producer, Glow Energy Pcl said its GHECO-1 power plant was on track to begin operations in the fourth quarter as scheduled. “The Gheco-1 should start commercial operations in the fourth quarter, which is in […]
Continue ReadingThird Thai-Lao bridge set for November opening The third Thai-Lao bridge spanning the Mekong River was scheduled to open in November, offering a new transport link between Thailand and Vietnam, media reports said Tuesday. Construction on the 780-metre bridge between Nakhon Phanom province of Thailand and Khammuane province of Laos is 73-per-cent complete and would […]
Continue ReadingChevron to speed Thai gas project Chevron wants to move faster toward the startup of a $3.1-billion natural gas production project in the Gulf of Thailand, according to reports from Dow Jones. The report says Chevron is pushing the timetable for Platong II, which is scheduled to process 420 MMcf/d at its peak. Chevron operates […]
Continue ReadingThai Construction firms eyeing Sri Lanka The Thailand Trade Representative (TTR) will support small and medium-sized Thai construction companies seeking business opportunities in Sri Lanka, which requires investments of US$23.52 billion from now until 2017. TTR officials will join 10 to 15 Thai construction companies in Sri Lanka from Jan 19-22 as part of its […]
Continue ReadingSteel body proposes complex in Burma or Koh Kong The government should consider establishing a steel industrial estate in neighbouring countries at a cost of up to 100 billion baht for infrastructure including a deep-sea port, says the Iron and Steel Institute of Thailand. The institute would recommend Burma and Cambodia as potential locations for […]
Continue ReadingFoster Wheeler AG announced that a subsidiary of its Global Power Group signed a contract with Shanghai Boiler Works, Ltd. for cooperation in the design of two pulverized coal (PC) steam generators for the Vinh Tan II Project for Vietnam Electricity (EVN). Shanghai Electric Group Company Limited, the parent company of Shanghai Boiler Works, Ltd., […]
Continue ReadingSingapore-based COMO Hotels and Resorts is to develop and manage a new property on the Yamu peninsula of Phuket in Thailand. Located in Phang Nga Bay on the northeast coast of Phuket, this property is the ninth member of COMO’s portfolio and is scheduled to open in September 2012. The key partners in this project […]
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