SHANGHAI – The merger of China’s top two train makers will create a “world-leading” rail supplier to compete with foreign players, they said, as enthusiastic investors sent their share prices surging Wednesday. A model of the high-speed train CRH380A designed by China South Locomotive & Rolling Stock Corporation Limited (CSR) is displayed at the China […]
Continue ReadingThe government is in the process of drawing up a “transparent” 2015-26 water-management plan and has approved a 56-billion-baht budget to tackle floods and water shortages next year. There are about 10,000 projects under the massive long-term water management plan, which will be financed mainly by the annual budget rather than special fund sources, Prime […]
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CK Power Plc, the electricity arm of Ch. Karnchang Plc, Thailand’s second-biggest construction firm, is looking at further expansion into renewable energy over the next few years. The company is preparing to conduct a feasibility study of renewable projects and is in talks with solar power licence holders, said managing director Supamas Trivisvavet. Supamas: Revising […]
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The upcoming transport-system mega-projects will reshape the Kingdom’s urbanisation, with major cities a factor in the country’s economic growth. After seizing power in May from the elected government that had set out a far-reaching plan for upgrading the country’s transport networks, the military regime announced a similar eight-year (2015-2022) transport investment plan worth as much […]
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BANGKOK, Thailand – Independent Thai hospitality group Manathai Hotels & Resorts’ ability to tap a deeper, authentic Thai experience is embodied in Manathai Khao Lak – the latest addition to a stunning beachfront collection of inimitable boutique resorts. The opening announcement follows the launch of the Manathai Hotels & Resorts group in November at World […]
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Myanmar migrant workers check and fold fishing nets after they unload the catch at the fishing port on Si Rae island, off Phuket, southern Thailand, June 13, 2009. Photo: Barbara Walton/EPA Thailand’s cabinet has issued a ministerial regulation to reduce the migrant permit fee to only 500 Thai baht, down from the current rate of […]
Continue ReadingMinor Hotel Group (MHG), operator of 120 hotels and resorts across Asia Pacific, the Middle East, the Indian Ocean and Africa, has announced that it is set to reflag one of its owned properties, the Four Seasons Bangkok, to its luxury Anantara brand. Located in prestigious Rajadamri in central Bangkok’s Siam district, Anantara Siam Bangkok […]
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TAK, 22 Dec 2014, (NNT) – The Commerce Ministry will hasten the establishment of the special Mae Sod Border Economic Zone, in its bid to enhance trade and investment ties between Thailand and Myanmar in 2015. Deputy Commerce Minister Apiradee Tantraporn paid a visit to the border area of Mae Sod in Tak Province on […]
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The long wait for new rail system investments ended on Friday after Thailand and China signed an agreement to build new tracks to fulfill Thailand’s ambition to improve its hapless train system. Prime Minister Prayut Chan-o-cha (right) smiles in talks with visiting Chinese Premier Li Keqiang while they witnessed the signing ceremony on the train […]
Continue ReadingThe Transport Ministry plans to build three tunnels under three intersections on Vibhavadi Rangsit Highway in a scheme to cut traffic congestion. Soithip Trisuddhi, permanent secretary for transport, said the tunnels were designed to solve traffic problems in the areas of Wat Samian Nari, and Ngam Wong Wan and Chaeng Wattana Roads after the Red […]
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