SK Engineering & Construction Co. said yesterday that it has signed a $117 million deal to build a natural-gas compressor station in southern Thailand. Under the deal with PPT, Thailand’s state-run oil company, SK Engineering will complete the station in 24 months after breaking ground, the company said in a statement. SK Engineering didn’t disclose […]
Continue ReadingGolden Tulip opens first hotel in Bangkok Paris-based Golden Tulip Hospitality Group, which operates more than 230 hotels worldwide, launched its latest Bangkok property last night with an event that showcased the group’s “international standards and local flavours” with all the flair for which it is renowned. The 24-storey former Radisson Hotel on Soi Saengcham, […]
Continue ReadingSiam Orchids Thailand Company Limited announced that it will commence legal action for breach of contract against the MGM Ho Tram Casino Project in Vung Tau, Vietnam. The horticulture consultant/project manager claims bad faith and 24 months of unpaid invoices. A spokesman for Siam Orchids said: “It is with great regret that we have to […]
Continue ReadingInvestment group Deutsche Investitions- und Entwicklungsgesellschaft (DEG) and two other German companies have announced plans to develop 200MW of wind projects in Thailand. State-owned DEG, wind developer Energiequelle and consultant Geo-Net Umweltconsulting have established project development company WIP. They each hold a one-third share. The group aims to develop at least 200MW in Central Thailand. […]
Continue ReadingThe latest anti-coal protest in southern Thailand’s Nakhon si Thammarat Province has put further pressure on the country’s coal-fueled energy industry, which will reportedly build a power plant in Burma where it hopes to find a more receptive environment. On Thursday, 10,000 residents of Tha Sala District in Nakhon Si Thammarat Province formed a “human […]
Continue ReadingThe Stop Global Warming Association has called for the Bangkok Metropolitan Administration (BMA) to review the planned construction of a 50km Super Skywalk system, a clutter-free elevated walking space, saying it is way over-priced. The budgeted cost per kilometre was five times the cost of a similar walkway project elsewhere in the city, the association said […]
Continue ReadingThe Stop Global Warming Association has called for the Bangkok Metropolitan Administration (BMA) to review the planned construction of a 50km Super Skywalk system, a clutter-free elevated walking space, saying it is way over-priced. The budgeted cost per kilometre was five times the cost of a similar walkway project elsewhere in the city, the association said […]
Continue ReadingBy Chutima Sidasathian and Alan Morison CONCERN is growing both inside and outside Airports of Thailand over delays to the commencement of the 5.7 billion baht expansion plan for Phuket International Airport. Phuket Governor Tri Augkaradacha said today that he had been told construction would begin on the expansion in August. However, the tendering process […]
Continue ReadingMove comes as Korn takes another step to balance the 2016 budget Another piece has been placed in the jigsaw to help the government achieve a balanced budget in 2016, with Cabinet’s approval yesterday for the Finance Ministry to divest its stakes in over 60 non-listed private companies – including Boon Rawd Brewery and Bangkok […]
Continue ReadingBy The Nation The Cabinet today approved the financial measure to promote the Thai construction industry’s overseas investment, with the Bt1 billion budget to reduce costs related to bank guarantees. Watchara Kannikar, deputy government spokesman, said the Export and Import Bank of Thailand is assigned to work with the Budget Bureau for the implementation. “(In […]
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