Sangfah going it alone on Sri Racha condo Nusasiri bowed out from project in April Conner Ratchathewi, a 38-storey condominum with 294 units worth 3.2 billion baht, will be a joint venture between contractor Sangfah Construction Co and developer The Creators HQ Co. Contractor Sangfah Construction Co plans to launch its first wholly owned development […]
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B Grimm puts cash behind biggest solar plant in region B GRIMM Power Plc plans to sign a joint venture agreement with Vietnamese conglomerate Xuan Cau Co Ltd for the development in that country of Southeast Asia’s biggest solar energy plant. B Grimm Power president Preeyanart Soontornwata said the total investment for the plant – […]
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Dusit International opens its first hotel in Vietnam Dusit International, one of Thailand’s foremost hotel and property development companies, has officially made its Vietnam debut with the opening of Dusit Princess Moonrise Beach Resort on the country’s largest island, Phu Quoc. Operating under Dusit’s upper midscale Dusit Princess brand, the new resort marked its soft […]
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Thai firm signs Laos power deal Ratchaburi Electricity Generating Holding Public Company Limited (Ratch) is ready for expansion into the 340 megawatt (MW) Xekong hydroelectric power project in Laos in a joint investment with the government in Vientiane. Kijja Sripatthangkura, Ratch CEO, said that the company is pursuing an 850 MW goal for 2018 with […]
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Warrants issued in Klong Dan case after four suspects fail to show up for court verdict THE SUPREME Court has issued arrest warrants for four suspects wanted in the long-running multibillion-baht Klong Dan corruption case while postponing the reading of its verdict to July 13. Of the 19 suspects in this mega-fraud case, four failed […]
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Thailand’s Draft plan to allow foreigners to work in 11 ‘reserved’ occupations Labour ministry proposal would allow them in engineering, architecture and accountancy. A PLAN by the Labour Ministry would allow foreigners to enter 11 of the 39 occupations that are now reserved for Thais. If the plan goes ahead, foreigners will be able to […]
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Change of locale won’t slow B Grimm power projects B Grimm Power Plc has confirmed that its two major power projects, with a combined generating capacity of 240 megawatts, will proceed as planned despite a change of location. President Preeyanart Soontornwata said the shifting of the project site from Ratchaburi to Samut Prakhan would not […]
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Thailand’s Eastern Seaboard High-speed airport link auction shapes up An Express train pulls into the maintenance depot of SRT Electrified Train Co (SRTET), which runs the current Airport Rail Link The terms of reference (ToR) for the 224.54-billion-baht high-speed railway linking Don Mueang, Suvarnabhumi and U-tapao airports to serve the much-touted Eastern Economic Corridor (EEC) […]
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IHG looks east in Thailand, signs eight hotels at one go Thailand’s eastern seaboard, largely perceived as a big industrial zone barely a few years ago, is now emerging as a much-touted business, investment and tourist destination, driven by the Thai government’s strong push for the Eastern Economic Corridor (EEC) to connect with China’s One […]
Continue ReadingBTS aims to double revenue in five years BTS Group Holdings aims to more than double its annual revenue within the next five years, driven mainly by its involvement in big infrastructure projects. The company is awaiting the release of the terms of reference for high-speed and double-track rail projects planned for the Eastern Economic […]
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