News

Seadrill has been awarded a new contract by PTTEP in Thailand for the jack-up rig West Leda. The assignment is for a firm period of nine months and with an option to extend for a further six months. The contract value for the firm period is approximately US$35 million. Commencement of the operations under the new contract […]

Modest adjustments to existing foreign property ownership legislation to improve inbound investment could help produce major benefits in real estate, construction, retail consumption, education, transport, schooling, and tourism, says a local property executive. “We support the Joint Foreign Chambers of Commerce in Thailand, which raised the issue of foreign ownership and sought to improve inbound […]

Ratchaburi Electricity Generating Holding Plc has entered into a shareholder agreement for a cogeneration small power producer (SPP) project with capacity of 122 megawatts of electricity and 15 tonnes per hour of steam. The country’s largest independent power producer holds 40% in the new venture, Nava Nakorn Electricity Generating (NNEG), while industrial estate operator Nava […]

Solar power here would climb to 150 megawatts by year-end from 60MW at present, Krairit Nilkooha, director-general of the Alternative Energy Development and Efficiency Department, told the third meeting of the two-day Asia Solar Energy Forum in Bangkok yesterday. Bangchak Petroleum’s 38MW and Natural Energy Development (NED)’s 55MW solar farms are scheduled to go online […]

Solar power here would climb to 150 megawatts by year-end from 60MW at present, Krairit Nilkooha, director-general of the Alternative Energy Development and Efficiency Department, told the third meeting of the two-day Asia Solar Energy Forum in Bangkok yesterday. Bangchak Petroleum’s 38MW and Natural Energy Development (NED)’s 55MW solar farms are scheduled to go online […]

Valuation prices for land on Bangkok’s outskirts could rise by up to 50% as new mass-transit routes arrive, according to Winai Wittawatkaravet, the director-general of the Treasury Department. Demand from property developers for key plots along new light rail routes will be the main driver for higher valuations, judging from past price trends from the […]

On the heels of a highly successful Australian Event, Martin Kelly is bringing the hospitality conference “No Vacancy” to Bangkok on Tuesday June 7th. A number of experienced hospitality experts including David Keen/Keen Media, Craig Hewett/Wego, Bill Barnett/C9 Hotelworks and others from well known firms Agoda, Anantara, STR Global, ACCOR, Dusit, Centara and Hoteltravel.com will […]

On the heels of a highly successful Australian Event, Martin Kelly is bringing the hospitality conference “No Vacancy” to Bangkok on Tuesday June 7th. A number of experienced hospitality experts including David Keen/Keen Media, Craig Hewett/Wego, Bill Barnett/C9 Hotelworks and others from well known firms Agoda, Anantara, STR Global, ACCOR, Dusit, Centara and Hoteltravel.com will […]

The Erawan Group has outlined a fiveyear investment plan to take on seven new hotels and to sell five existing properties. The group expects to spend Bt7 billion to Bt10 billion on new investment in its hotel business between now and 2015. The number of hotels will rise from 13 this year to 15 within […]