Siemens and Bozankaya roll out Bangkok Skytrain vehicle 19 June 2018 The first train that Siemens and Bozankaya are supplying for Bangkok’s Skytrain elevated metro was rolled out at Bozankaya’s Ankara factory on June 19. The train is due to leave the Turkish port of Borusan at the end of June and arrive at the […]
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Modulift and Siemens design rig for dockside lifts 19 June 2018 Below-the-hook equipment manufacturer Modulift and Siemens Heat Transfer Technology B.V. combined forces to design a special rig for lifting modules that weighed nearly 200t apiece. Modulift sent two rigs for on- and off-load in Korea and Thailand respectively—a total of 16 no. 34t capacity […]
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B.Grimm steps up overseas growth with 420-MW solar deal in Vietnam 19 June 2018 Thai infrastructure developer and power generation firm B.Grimm Power Public Company (SET:BGRIM) has struck a deal with Vietnamese conglomerate Xuan Cau to build a 420-MW solar park in Vietnam. The joint cooperation agreement was signed on Friday, B.Grimm Power said in […]
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PTT expands power generation with $3bn acquisition in Glow Energy Thai’s state-owned conglomerate to strengthen non-oil business 18 June 2018 BANGKOK — Thailand’s state-owned oil and gas conglomerate, PTT, has approved a plan to spend up to 100 billion baht ($3 billion) to acquire a 69.11% stake in Glow Energy, a listed power generating company. […]
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Japan JVs on track for B53 bn in condo launches 19 June 2018 JAPANESE developers are increasingly drawn to the Thai property market, seeking out joint ventures with local real estate companies that could see at least Bt53.1 billion worth of condominium launches in the second half of this year, a survey by The Nation […]
Continue ReadingCBRE Thailand bullish on the kingdom’s office market 18 June, 2018 Thailand’s property market will keep growing as land and residential prices soar, just as office rents have risen consistently over the past three decades despite two major economic crises in 1997 and 2008, according to property consultancy CBRE Thailand. “Each cycle took 10 years, […]
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Vietnam’s renewable energy yet to get wind in its sails 18 June 2018 The target of 800 and 6,000 megawatts of wind power by 2020 and 2030 looks beyond reach. Vietnam is far away from realizing its short and medium term wind power goals, with no ready solution in sight to several impediments, experts say. […]
Continue ReadingBCPG makes first investment in Thai wind power 18 June 18 2018 BCPG Plc recently acquired 100 per cent of shares in Lom Ligor Co Ltd, with wind power facilities in Nakhon Si Thammarat capable of producing 10 megawatts of electricity. President and CEO Bundit Sapianchai said the company on June 15 purchased the entire […]
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Bangkok’s Intermat Asean Returns 17June 2018 It doesn’t matter whether you need some help going down, or some tips on getting it up, the place to be in September is Bangkok when Intermat Asean will again take place over three days. Billed as the regions largest construction and infrastructure show, Intermat Asean will feature more […]
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Asia-Pacific hotels record 12-percent growth in construction pipeline 15 June 2018 The hotel industry in the Asia-Pacific region has a total construction pipeline of 1,673 projects with 349,081 guestrooms, excluding China’s projects, according to the latest data from Lodging Econometrics. The total rose 12 percent by hotel projects and 17 percent by guestrooms since 2017. […]
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