SIAMGAS and Petrochemicals (SGP), a supplier of liquefied petroleum gas, will take over a 230-megawatt power plant in Myanmar for US$48 million (Bt1.69 billion) in cash as part of its drive into other energy businesses. The combined-cycle power plant in Myanmar should give SGP higher income and return on investment, which should add value to […]
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The finishing touches are being put in place at the 77-story MahaNakhon tower, Bangkok’s tallest building, and the first residents will start moving in throughout September. In addition to the 209 Ritz-Carlton Residences, the development will also feature a five-star Edition Hotel by Marriott International, boutique shops and several restaurants. The project is the brainchild […]
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Prime Minister Prayut Chan-o-cha has put the brakes on a plan to cut down 2,000 teak trees in Chiang Mai for the construction of the new parliament building, following opposition from residents. The decision was revealed Tuesday by acting Royal Forest Department chief Pralong Dumrongthai. He said the prime minister telephoned Natural Resources and Environment […]
Continue ReadingRE/MAX will hold its second annual Asia-Pacific Convention at The Grand Fourwings Convention Hotel in Bangkok, Thailand. The event is being hosted by the RE/MAX Thailand region for RE/MAX Affiliates in 15 Asia-Pacific countries. Organizers are expecting about 300 attendees from a total of 30 countries. “RE/MAX has been increasing its presence in the Asia-Pacific […]
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Two months into a city-wide suspension on high-rise construction, some Yangon developers faced with frozen projects are telling their workers to seek employment elsewhere. Yangon authorities halted hundreds of high-rise projects in May, over 60 of which had received a construction permit from the previous Yangon Region government. The subsequent review to make sure the […]
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Building on the successful introduction of next generation 6, 8, 9 and 10 tonne midi excavators last year, JCB is releasing four additional models, with operating weights of 4.8-5.7 tonnes. The midi excavators are available in conventional, reduced and zero tailswing configurations, to meet the requirements of customers across the world. Key features include: 500 […]
Continue ReadingThailand may buy 9,000 megawatts of electricity from Laos this year to ensure sufficient supply to meet rising demand, says a senior official at the Energy Ministry. That is nearly 30% higher than the 7,000MW Thailand currently buys annually from Laos, according to the most recent memorandum of understanding (MoU) the two countries signed in […]
Continue ReadingIn the near future, if you wish to visit Bangkok, one of the options on the table is likely to be taking a bus ride, as talks are in an advanced stage to implement a project promoted by the Asian Development Bank (ADB) to start a regular bus service between India and Thailand via Myanmar. […]
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PROPERTY developers have said they are considering legal action after being told by a municipal committee to reduce the height of their under-construction buildings. The committee, which was set up recently by Yangon City Development Committee, is reviewing nearly 200 high-rise projects in the city after chief minister U Phyo Min Thein ordered a halt […]
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The Beijing-based PowerChina Resources Limited (PCR), a shareholder of Sinohydro Kamchay Hydroelectric Project Co. Ltd, which developed the Kamchay hydroelectric dam in Kampot, expressed its interest in building electricity transmission lines in Cambodia. This expression of interest was made when the director general of PCR, Du Chunguo, met the Kingdom’s Minister of Mines and Energy, […]
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