Move comes as Korn takes another step to balance the 2016 budget Another piece has been placed in the jigsaw to help the government achieve a balanced budget in 2016, with Cabinet’s approval yesterday for the Finance Ministry to divest its stakes in over 60 non-listed private companies – including Boon Rawd Brewery and Bangkok […]
Continue ReadingBy The Nation The Cabinet today approved the financial measure to promote the Thai construction industry’s overseas investment, with the Bt1 billion budget to reduce costs related to bank guarantees. Watchara Kannikar, deputy government spokesman, said the Export and Import Bank of Thailand is assigned to work with the Budget Bureau for the implementation. “(In […]
Continue ReadingEOC Limited has secured a sizeable pipelay and platform installation contract from new clients – Chevron Offshore (Thailand) Limited, Chevron Thailand Exploration and Production, Ltd and Chevron Pattani, Ltd – which are subsidiaries of Chevron Corporation, one of the world’s leading integrated energy companies. The scope of work under the contract includes the installation of […]
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Bangkok pedestrians are bound to enjoy greater convenience and increased safety, as Bangkok Metropolitan Administration (BMA) has vowed to spend Bt15billion on creating the Super Skywalk System or the 50km of clutterfree elevated walkspace. The construction is scheduled for completion within four years. “It will make Bangkok residents move around more conveniently in crowded areas,” […]
Continue Reading Bangkok pedestrians are bound to enjoy greater convenience and increased safety, as Bangkok Metropolitan Administration (BMA) has vowed to spend Bt15billion on creating the Super Skywalk System or the 50km of clutterfree elevated walkspace. The construction is scheduled for completion within four years. “It will make Bangkok residents move around more conveniently in crowded areas,” […]
Continue ReadingMarubeni Corp., a Japanese trading company, and Vietnam National Coal-Mineral Industries Group are in talks about building a coal-fired power station in Vietnam, a Marubeni spokesman Yo Nomura said. He declined to comment on a Nikkei newspaper report today that said the station will cost $2 billion dollars and will be the nation’s biggest with […]
Continue ReadingSiemens Thailand Receives Two Major Orders Siemens Energy has been awarded contracts from Thailand for a total of 16 SGT-800 industrial gas turbines for combined cycle cogeneration plant under Thailand´s Small Power Producer program. For the end customer Gulf JP, an independent power producer headquartered in Bangkok, Siemens will supply via EPC contractor Toyo Engineering […]
Continue ReadingSeadrill secures new contract for tender rig in Thailand Seadrill has agreed a new three-year contract with Chevron Thailand Exploration and Production offshore Thailand for the tender rig T12 with a two- year option period. Estimated contract value is approximately US$132 million, and commencement of the assignment is scheduled for the second quarter this year, in […]
Continue ReadingThailand developing dengue vaccine Researchers in Thailand say they have developed a prototype vaccine against dengue fever and will conduct further tests with the aim of bringing it to market within a decade. The vaccine against the mosquito-borne disease was jointly developed by scientists from Thailand’s Chiang Mai University, Mahidol University and the government’s National […]
Continue ReadingHere are some facts to ponder. Over the next 10 years, Bangkok, Manila and Kuala Lumpur will spend billions of dollars to expand and enhance their existing mass rapid transit systems. Each city has a comprehensive plan to improve their public transportation systems to cope with growth and ensure that they do not become gridlocked. […]
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