Thai listed firm MBK have opened a 47 room hotel at Loch Palm Golf Course in Phuket. The Tinidee Hotel@Phuket is a lowrise complex of four accommodation blocks overlooking a water feature. A target market of players for both MBK golf course Loch Palm and the highly rated Red Mountain are a key strategy for […]
Continue ReadingChina South Locomotive & Rolling Stock Corporation Limited (CSR) is aiming to become the world’s top high-speed train manufacturer in the next five years, a top executive said on Monday. CSR, the word’s third-largest high-speed train producer, behind Bombardier and Alstom, will focus on the domestic market and tap more overseas opportunities, including those in […]
Continue ReadingPeople in Greater Bangkok are being warned of “nightmare” traffic jams for the next three years as construction on at least seven railway lines gets into full swing. Long-distance commuters can expect to spend four to six hours a day commuting until 2014, said Soithip Trisuddhi, director of the Transport Ministry’s Office of Transport and […]
Continue ReadingThe government is planning hundreds of billions of baht worth of megaprojects this year, aimed mainly at upgrading logistics and water systems, but analysts say uncertainty surrounds their feasibility. Among the projects expected to be kicked off this year is the Green Line extension of the BTS SkyTrain’s existing Sukhumvit Line. The Transport Ministry will […]
Continue ReadingThailand will meet the schedule of having its first nuclear plant feed power into the system in 2021 if the government gives its approval, the technical adviser to the Nuclear Power Programme Development Office (NPPDO), Pricha Karasuddhi, has said. By The Nation In an interview to Energy Saving magazine, he said that once the government […]
Continue ReadingBP Solar today announced a US$20m contract to supply solar power products and services to Thailand-based Solartron Co Ltd. The products and services will be used by Solartron in the construction of solar power systems for the government-funded Mega Rural Electrification Project, which will provide light to 120,000 homes. The project, funded by the Provincial […]
Continue ReadingCAT permits DTAC, True 3G trials expansion (Thailand) CAT, the board of state-owned Telecom has approved plans for private sector mobile operators Digital Total Access Communication (DTAC) and True Move to expand their number of cell sites for 3G operations in the 850MHz frequency band. DTAC and True currently provide wireless services under build-transfer-operate (BTO) […]
Continue ReadingHitachi Ltd. and Mitsubishi Heavy Industries Ltd. will jointly bid next month for a contract to build an elevated railroad in Bangkok, it has been learned. The two companies are also considering integrating their overseas rail businesses after the joint bid, sources said. Analysts said such cooperation between Japanese firms could improve their competitiveness in […]
Continue ReadingThe Bangkok Post reported that Thailand energy conglomerate PTT Plc is diversifying into large scale power projects, with plans to acquire stakes in two hydropower plants in a neighboring country. Mr Tevin Vongvanich CFO of PTT Plc said that “PTT is now talking with two hydropower plant licence holders in Laos. The company wants to […]
Continue ReadingCampbell Kane, the luxury hotel developers of The Yamu, have secured backing by an investment team comprised of Singapore tycoon Ong Beng Seng’s Hotel Properties Limited and Thailand’s KS Group. Singapore‘s Jones Lang LaSalle Hotels acted as an advisor for the transaction. While construction of the Hotel was suspended due to the global financial crises, […]
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