CB Richard Ellis names two new executive directors

Nithipat Tongpun, head of office services and, since 2000, a director, was promoted to executive director. Kulwadee Sawangsri was also named as an executive director.

Both appointments took effect on April 1.

Jones Lang LaSalle offers improved property management

Jones Lang LaSalle has introduced a new property-management software system to Thailand, called OneView.

The system allows comprehensive reporting from a central source that can be easily accessed by clients whose property is managed by Jones Lang LaSalle.

The company's property-management business grew 14 per cent last year from 2007. It expects to increase it another 15 per cent this year after launching this latest service. - The Nation

Salamander Energy boosts Bualuang Field oil output

Salamander Energy, a UK oil and gas explorer operating in Southeast Asia, boosted crude production at Thailand's Bualuang field after completing its drilling programme.

The deposit is set to pump 14,000 barrels per day of oil now, up from 6,000bpd before two wells were drilled, the London-based company said yesterday in a statement distributed through the Regulatory News Service.

The company expects to extract an average of 15,000-17,000bpd this year, driven by Bualuang and the start of production at the Kambuna gas-condensate field off of Indonesia's North Sumatra province about midyear. - Bloomberg