JCB achieved underlying earnings of £214 million during 2015 despite difficult market conditions in most developing markets around the world and slower than expected growth in North American and European markets. Overall, the global market for construction equipment dropped by 14% during 2015. Market conditions in the first half of 2016 remain fragile with the […]
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The Ho Chi Minh City has sought a permission from the central government to develop a shopping mall beneath a metro station in a joint venture with a consortium of Japanese investors, Thanh Nien News Online reported on Monday. The US$303.2 million project will cover about 45,000 square metres of which the shopping zone will […]
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National Legislative Assembly (NLA) president Pornpetch Wichitcholchai has expressed frustration at further construction delays at the new parliament. He and several other legislators inspected the site Tuesday. Construction of the new parliament building is only 24% complete, NLA members were told at a briefing. Mr Pornpetch said he was unhappy with the slow progress. He […]
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Super Earth Energy Co Ltd, a subsidiary of Thailand’s listed renewable energy firm Superblock Pcl, has received its board approval to acquire Green Power Energy Co Ltd for 1.28 billion baht ($36.8 million). Green Power Energy operates a waste-to-energy power plant with total capacity of 9.9 MW with a Power Purchase Agreement to sell 9 […]
Continue ReadingSouth Korea will push to build a highly efficient and eco-friendly city in Cambodia using its latest information technology, and support the Southeast Asian nation’s public housing program, the government said Monday. South Korea’s Ministry of Land, Infrastructure and Transportation, and its Cambodian counterpart will sign a memorandum of understanding on Tuesday in Seoul to […]
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Expat life in Cambodia really does prove that it is the Kingdom of Wonder, and this country never ceases to amaze me in how the quality of my life has improved since moving here. Imagine a place where the cost of living is a quarter of what it is back home, but with all the […]
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Bangkok’s City Planning Department will allow the transfer of development rights and give additional construction space to buildings that remove fences for public use. The move is aimed at encouraging land utilisation and improving the city’s liveability. Vanchai Thanomsak, director-general of City Planning Department for the Bangkok Metropolitan Administration (BMA), said the transfer of development […]
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Thailand’s Ratchaburi Electricity Generating Holding (RATCH) has joined hands with Medco Energi Internasional to bid for a 250-MW natural gas-fired power plant in Riau, Indonesia. The Thai firm will hold 49% stake in the joint venture while the Indonesia’s Medco Energi Internasional will own the remaining 51% stake. Meanwhile, RATCH on Tuesday announced its redefined […]
Continue ReadingAirports of Thailand is making progress with a massive upgrade covering all five major airports in its national portfolio: Suvarnabhumi and Don Mueang in Bangkok, Chiang Mai and Mae Fah Luang – Chiang Rai in the north, Phuket on the southwest coast and Hat Yai in the south eastern Songkhla Province. The biggest venture is, […]
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The train route that is set to connect Poipet to Thailand, and the government’s plan to make Poipet a commercial and industrial area, are readying this Thai-bordered city to exercise its potential. In accordance with Thailand’s Thai +1 Policy, more Japanese investors will start to pour into the area in the future, while experts from […]
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