Just two-and-half years after celebrating the opening of its 300th hotel in Asia, Accor Asia Pacific celebrated earlier in 2010 its 400th property. The group forecasts to pass the 500 hotels mark by 2012. Some brand adjustments have, however, been made. Sofitel Luxury Hotel’s ambition is to become the premier French and European ambassador of […]
Continue ReadingGulf JP Co, a subsidiary of Electric Power Development Company of Japan, is preparing to invest in nine gas fired power plants in Thailand from now to 2014, with a combined generating capacity of 3000 MW. The company also plans to add another 1000 MW under the small power producer (SPP) programme, said president Sarath […]
Continue ReadingNew Condo projects focus on three Bangkok locations The resurgence of Bangkoks condominium market has centred itself on three popular locations: Sukhumvit, Sathon and Phaholyothin-Aree. After delaying many new condominium projects because of political problems in the first half of this year, most leading developers are now rushing to launch new projects before the end […]
Continue ReadingA proposed nuclear power plant in Thailand is likely to be delayed by at least one to three years from the schedule of 2020, says Suthat Patmasiriwat, the governor of the Electricity Generating Authority of Thailand (Egat).
Continue ReadingSix Senses Resorts & Spas will set up its first property in Sri Lanka in a joint venture with Aitken Spence conglomerate and the Favourite Group. The project, worth USD 35-40 million, will comprise a resort and spa and beach front residential villas on a 10.5-acre plot in Ahungalla, close at an existing Aitken Spence […]
Continue ReadingB32bn loan deal sealed with banks Gulf JP Co, a subsidiary of Electric Power Development Co of Japan, is preparing to invest in nine gas-fired power plants nationwide from now to 2014, with a combined generating capacity of 3,000 megawatts. The company also plans to add another 1,000 MW under the small power producer (SPP) […]
Continue ReadingThe Bangkok Post quoted Mr says Wannarat Channukul energy minister of Thailand as saying that PTT’s sixth gas separation plant will be able to start operations within a month after receiving an operating permit next week.
Continue ReadingThe Ministry of Energy prepares to import liquefied natural gas (LNG) for electricity generation as the amount of natural gas available in the country is found to be on a sharp decline. Deputy Permanent Secretary for Energy Norkhun Sitthipong explained that the energy demand in Thailand over the next twenty years was expected to increase […]
Continue ReadingLuxury hotel chain Kempinski officially opened its Bangkok property this week with a huge party attended by Thailand‘s Crown Princess and 2,000 other guests. The Siam Kempinski Bangkok is Kempinski’s first venture into Thailand and will be one of the most luxurious properties in the Thai capital.
Continue ReadingThe SET-listed contractor Italian-Thai Development Plc is selling half of its 20% shareholding in the Nam Theun 2 hydropower plant in Laos to Egco Group Plc and the rest to Electricite de France. The deal would increase Egco’s holding in the plant to 35% from 25% and EDF’s stake to 40% from 30%, with the […]
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