Category: Construction News

Thailand’s Clover Power aims to list 320m shares in IPO Clover Power Plc (CV), a renewable energy power plant developer and operator, plans to issue 320 million shares — 25% of total common shares — under its initial public offering (IPO). The company is awaiting approval from the Securities and Exchange Commission. The IPO should […]

Thailand’s state agencies may consider waiving fines for contractors who’ve fallen behind construction schedule due to COVID-19 pandemic Thailand’s Comptroller General’s Department has revealed that state agencies may consider waiving fines for private companies which have fallen behind construction schedules due to the impact of the COVID-19 pandemic. Department Director-General Prapas Kong-ied said, although the […]

Thailand’s Steel demand to drop for a few months due to 30-day covid-lockdown of construction worker camps State projects to fuel recovery, says TSTH The one-month shutdown of construction worker camps to contain the spread of Covid-19 is expected to decrease demand for steel in the construction sector by 30-40% as Tata Steel Thailand (TSTH) […]

Phuket’s worker camps targetted in COVID crackdown Phuket Governor Narong Woonciew inspected workers’ camps across the island yesterday (July 28) to see the disease control measures in effect at each camp following 13 workers at a camp in Patong testing positive, prompting officials to place the camp under one-month ‘Bubble and Seal’ isolation. Joining Governor […]

Thailand’s Construction Worker camps closed for 30-days to be checked before lockdown easing on 02 August 2021 Construction Worker camp in Nakhon Ratchasima ordered sealed off for one month after 90 workers found to have Covid-19 Labour Minister Suchart Chomklin said yesterday the lockdown easing on Aug 2 may not see all construction camps open […]

Hotel investment in Asia Pacific remains flat in the first half of 2021 Transaction volumes 18% below 2019 peak but signs of resilience still evident, says JLL Hotel investment in Asia Pacific remained flat in the first half of 2021 with US$3.7 billion in sales, a decline of 3.7% year-on-year, according to JLL Hotels & […]

Thai-Chinese Hi-speed rail work delayed due to covid-19 restrictions The government’s ban on moving construction workers during the latest Covid-19 uptick has adversely impacted the progress of the Thai-Chinese high-speed rail project, the State Railway of Thailand (SRT) said on Tuesday. A number of construction work for the project — which are subdivided into 14 […]

Bangkok’s Bang Sue Grand Train Station receives no bids for commercial space development The State Railway of Thailand (SRT) has shelved its planned development of commercial space covering 32 rai of land at Bang Sue Grand Station after no private companies submitted bids for the project. SRT governor Nirut Maneepan said yesterday the board of […]