Ratch Group seeks partners for 2 gas-fired plants in Thailand’s Ratchaburi province Deal worth $700m expected by June 24 May 2019 SET-listed Ratch Group is seeking business partners for two units of a gas-fired power plant in Ratchaburi province, with a combined power generation capacity of 1,400 megawatts (MW). Chief executive Kijja Sripatthangkura said Ratch […]
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Thailand’s New Parliament “will be ready for use probably late next year” 2020 24 May 2019 Thailand’s new parliament formally opens Friday after March’s messy general election but has nowhere permanent to call home. A dedicated $380 million complex in Bangkok is years behind schedule, forcing politicians to meet in an auditorium rented from state-run […]
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Consortiums with Chinese partners win bids to build new expressway project in Thailand 22 May 22, 2019 Three consortiums with Chinese partners have offered the lowest bids for three contracts to construct an expressway linking Rama III Road, Dao Khanong and the western Bangkok outer ring road, the local media reported on May 22. A […]
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Thai Transport Minister to push for two more Mekong bridges linking Thailand with Laos 21 May 2019 The Transport Ministry will push for a 4-billion-baht investment in two new bridges over the Mekong River linking Thailand with Laos. Transport Ministry Arkhom Termpittayapaisith said on Tuesday the 5th Thai-Lao Friendship Bridge linking Thailand’s Bung Kan with […]
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A drop in demand leaves Bangkok with a glut of completed new condos 20 May 2019 As Thailand’s economy is hit by the double whammy of fallout from US-China trade wars and lingering political instability, stricter mortgage-lending rules are also kicking in creating a buyer’s market in the capital. Some basic statistics… 65,000 new apartments […]
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Thailand pushes ahead with construction of high-speed rail linking three major airports 20 May 2019 Thailand is pushing ahead with the construction of high-speed rail that links three major airports in the country. The airports are Don Mueang in Bangkok, Suvarnabhumi in Samut Prakan province, about 25km from Bangkok, and U-tapao in Rayong province. The […]
Continue ReadingThailand property firms pick up on ‘green’ trend 20 May 2019 Thailand’s property firms have also joined the global trend towards “smart and green architecture”. For example,Sansiri Plc has also joined in by announcing its goal to be a “green” property firm by reducing CO2 emissions by up to 10 per cent by 2022. “We […]
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Future of Laem Chabang seaport’s third-phase development scheme uncertain Contract issues stall bids 18 May 2019 There is a possibility that the contract for Laem Chabang seaport’s third-phase development scheme will not be signed under the current administration, according to the Port Authority of Thailand (PAT). The 84-billion-baht scheme is one of the five megaprojects […]
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High-rises skirt law to spring up in Bangkok’s narrow streets Tall condominiums cause a myriad of problems in areas unsuited to their construction 12 May 2019 Due to unscrupulous state officials and greedy real estate developers exploiting legal loopholes, many high-rises manage to spring up in narrow sois in Bangkok, posing environmental problems and safety […]
Continue ReadingRatch Group gets licence to develop and operate two units of a 1,400-megawatt gas-fired power plant in Ratchaburi province Gas-fired Ratchaburi plant to double generating capacity 11 May 2019 The Energy Policy Administration Committee (Epac) has granted a licence for SET-listed Ratch Group Plc to develop and operate two units of a 1,400-megawatt gas-fired power […]
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