Thailand offers 45.7-million-USD loan for Myanmar’s electricity development Thai Government has approved a concessional loan worth 1.45 billion baht (45.7 million USD) to help Myanmar improve its electricity system. Rachada Dhnadirek, Thailand’s deputy government spokeswoman, said on July 14 that the loan is part of the country’s initiative to strengthen ties with neighbouring countries. According […]
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Bangkok property market takes $4.7 billion hit ‘with worse to come’ The Nation/Asia News Network The virus crisis has wiped a whopping Bt150 billion ($4.7 billion) off the value of the residential market in Bangkok and surrounding provinces, Krungthai Bank research revealed Thursday. Meanwhile, the reservation rate for new apartments and houses fell from 20 […]
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New Suvarnabhumi Airport terminal receives Siemens’ first automated people mover By The Nation The second-phase expansion of Suvarnabhumi Airport is 88 per cent complete following delivery of its first automated people mover (APM) this week, according to Airports of Thailand (AOT). The first Siemens APM will first be tested before being used to transport passengers […]
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Siemens Gamesa secures 165MW Vietnamese double orders for 5.0-145 turbines to be installed at Tan Thuan and Thai Hoa wind farms Siemens Gamesa has secured two new orders totalling 165MW in Vietnam. The deals, for 75MW and 90MW at the Tan Thuan and Thai Hoa wind farms respectively, will be be for the delivery of […]
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Central Retail Vietnam revenues surpass US$1.1 billion after rapid expansion Thai retail conglomerate Central Group plans to cover 90 per cent of Vietnam’s provinces within five years via subsidiary Central Retail. Central launched in Vietnam in 2012, initially with fashion merchandising before taking stakes in local electrical appliance chain Nguyen Kim (which it now owns […]
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Khon Kaen set to become transport hub – High-speed rail to spur local businesses The second phase of the Sino-Thai high-speed railway (HSR) will help Khon Kaen realise its potential as a transport hub in the Northeast, according to provincial governor Somsak Jangtrukul. “When the high-speed trains are ready to roll, Khon Kaen will be […]
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Ital-Thai’s 24 Thai engineers to be brought back to Bangladesh by charter flight for Dhaka Metro Rail Project The metro rail authority has taken a number of initiatives to bring back foreign engineers and consultants to speed up the construction work of country’s first metro rail project amid the Covid-19 pandemic. One of the initiatives […]
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B1.4bn loan for Myanmar power grids A concessional loan worth 1.45 billion baht to help Myanmar improve its electricity system has been approved by the government, according to an official. Rachada Dhnadirek, deputy government spokeswoman, on Tuesday said the loan is part of an initiative to strengthen ties with neighbouring countries. The Neighbouring Countries Economic […]
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Cambodia to hold the 10th edition of Cambuild 22-24 October 2020 at Phnom Penh’s Koh Pich Exhibition and Convention Centre Malaysian-owned international trade shows organiser AMB Tarsus Exhibitions (Cambodia) Pte Ltd will hold the 10th edition of Cambuild in a bid to encourage economic recovery in the Kingdom from the Covid-19 pandemic. Cambuild ’20, the […]
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Aurecon appoints Dr Praween Chusilp as new Structures Leader in Thailand Recognising the vibrant nature of the Thailand built environment market, international engineering, design and advisory company Aurecon has appointed Dr Praween Chusilp as Practice Leader, Structures. Over the past decade, Aurecon has been partnering with visionary developers in Thailand to bring smart and innovative […]
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