Electricity costs could rise this year because of temporary stoppages in natural-gas supply from the Gulf of Thailand and Burma, which will force the Electricity Generating Authority of Thailand to resort to the more expensive alternative of bunker oil. Egat estimates it will need 216 million litres of bunker oil this year to replace natural […]
Continue ReadingFrench giant explores renewable power opportunities in Asia GDF Suez, the world’s largest independent power producer, is looking to expanding its investment in renewable energy in Asia which it sees as a source of “decarbonated” power. “We intend to develop not only fossil fuel power but also renewable energy because it is clean energy,” said […]
Continue ReadingPuravarna CEO in Phuket Prison Awaiting Trial By Chutima Sidasathian ALLEGED Phuket property swindler Steven James Granville has been transferred from Bangkok to Phuket Prison to await trial over the failed Puravarna brand. Mr Granville, 44, the executive officer of a Phuket-based property development firm, Puravarna Resorts Co, denies accusations of fraud involving more than […]
Continue ReadingLoxley, teamed with Samart Corp, won bid for Thailand’s state-owned phone operator TOT Plc’s nationwide 3G rollout with Bt16.29 billion for a contract to be signed in February. TOT on Friday morning opened a 17.4 billion baht third-generation wireless-spectrum auction online (E-auction) for procurement to expand Thailand’s 3G network. The auction took place for only […]
Continue ReadingLoxley, teamed with Samart Corp, won bid for Thailand’s state-owned phone operator TOT Plc’s nationwide 3G rollout with Bt16.29 billion for a contract to be signed in February. TOT on Friday morning opened a 17.4 billion baht third-generation wireless-spectrum auction online (E-auction) for procurement to expand Thailand’s 3G network. The auction took place for only […]
Continue ReadingChevron hopes to advance the startup of a $3.1 billion natural-gas project in the Gulf of Thailand to this year, in the latest step by the U.S. major to cash in on booming Asian demand for cleaner-burning fuels. The acceleration of the timetable for the Platong II project from 2012 reflects rising Thai consumption of […]
Continue ReadingThe board of the State Railway of Thailand (SRT) has endorsed a three-month extension of the contract granted to Deutsche Bahn International (DBI), the operator of the Airport Rail Link. Permanent Secretary for Transport Supoj Saplom announced the progress in the selection of a new company to oversee the management of the Suvarnabhumi Airport Rail […]
Continue ReadingThe 3G licensing saga took a new twist yesterday with True Corp becoming the sole operator to be awarded the rights to a 3G service rollout. Meanwhile, the future of other private operators hinges on TOT’s eauction for the 3G2.1GHz network today after the Central Administrative Court last night rejected the petition by the disqualified […]
Continue ReadingA record number of hotels committed with over 70 new contracts signed for key markets in the region during 2010 Accor, the world’s largest operator of hotels, announced today the company signed over 70 new development contracts in Asia Pacific during 2010, which will add over 16,000 hotel rooms to the network. This record number […]
Continue ReadingTo cash in on the fast rebound of the local retail market, Central Retail Corporation (CRC), Thailand’s largest retail conglomerate, will next month hold the official launch of its first premium Bt10 billion multipurpose complex, on the prime plot of land previously occupied by the British Embassy. Named Central Embassy, the complex is aimed at […]
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