At least seven Chinese investors with a combined 10 billion baht are looking for joint ventures in Thai condominium development this year due to a slowdown in their country’s construction sector and overall economy. Alan Lin, managing director of property brokerage Harrison Co, said the Chinese investors included contractors, developers, property funds and construction material […]
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Thailand-based renewable energy firm Energy Absolute PCL (BKK:EA) expects its revenues to reach THB 14 billion (USD 390m/EUR 360m) in 2017 thanks to contributions from the 216 MW of solar and wind parks it will put online this year, Bangkok Post said Tuesday. In comparison, the company expects that its top line result for 2015 […]
Continue ReadingThailand’s hospitality industry reached new highs in 2015, enjoying its best year in over two decades, according to research revealed exclusively by leading research institute STR Global at Thailand Tourism Forum 2016, held today at the InterContinental Bangkok. Thailand closed the year with an overall occupancy of 73.4%, an increase of 13.6% over 2014, as […]
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Planned rail system linking Suvarnabhumi, Don Mueang & U-Tapao airports offers convenience to air travelers, but bottleneck in construction must be worked out first. TRANSPORTATION Military government set to build rail link between 3 airports Almost six years ago, the Airport Rail Link introduced a fast route to Suvarnabhumi airport, offering speedy trains taking travellers […]
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The Board of Directors of Ua Withya PCL (UWC) has approved the acquisition of two biomass power plants in Buriram province for a total consideration of 923 million baht ($25.46 million). The power plants, Advance Bio Power and Satuk Biomass, have a combined generating capacity of 17.4 MW, which will enhance UWC’s total capacity to […]
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A slew of factors is persuading companies to expand abroad to access the global market Rising costs and steep anti-dumping duties in the United States and Europe, coupled with a desire to expand overseas, are increasingly driving major Chinese solar panel makers’ new investments away from the domestic market, the world’s largest, to neighboring Thailand. […]
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Bangkok: One in five prisoners of war and forced labourers died on the Thai-Burma railway – one for every sleeper laid. Seventy years after jungle reclaimed the infamous death railway at the end of World War II, negotiations are under way to rebuild a track from Thailand to the country now known as Myanmar, as […]
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Malaysian real estate investors have been purchasing property overseas for a while now but have traditionally looked to developed countries such as Britain and Australia. Interestingly, our northern neighbour Thailand is beginning to draw attention too. Keen to attract Malaysians to the real estate scene in the Land of Smiles, Sansiri PLC, one of Thailand’s […]
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ALE’s Thailand branch office was contracted by CUEL to perform the load-out, transportation and weighing of 151 modules. The modules, which varied in weight from 24 tonnes to 1,928 tonnes, were moved using 120 axle lines of transporters and five power pack units throughout the operations. ALE’s contract completion coincided with the 30th sea voyage […]
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A government committee has ordered tycoon Kith Meng’s Royal Group to stop construction of a passenger port it was building on Sihanoukville’s Otres Beach, which it said was in clear violation of coastal development guidelines and had progressed without a permit. The National Committee for Cambodia Coastal Management and Development issued a directive yesterday for […]
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