Author: Peter Carlisle

Thailand’s Gunkul Engineering optimistic on outlook for revenue SET-listed Gunkul Engineering, a renewable energy developer and construction firm, expects its revenue to grow sharply by 72% to 16 billion baht in the next couple of years, up from 9.32 billion last year, thanks to expansion of a range of businesses, notably clean energy and cannabis. […]

Several Bangkok areas still hit by floods despite BMA spending billions over 5 years The Bangkok Metropolitan Administration (BMA) has spent more than THB14 billion on 1,333 drainage projects over the past five years but is still unable to solve the flood problem that dogs the capital every year. For instance, heavy rains for almost […]

Christiani & Nielsen Thai slashes 2022 revenue expectations Firm targets B6.2bn earnings by year-end SET-listed contractor Christiani & Nielsen Thai (CNT) downgraded its 2022 revenue target by 5% to 6.2 billion baht, after it won a disappointing number of new contracts in the first five months of this year. Surasak Osathanugraha, CNT’s assistant to the […]

Gulf1 and SCG Cleanergy team to establish SG Solar to sell solar energy in Thailand Gulf1 has teamed up with SCG Cleanergy to establish SG Solar Co (SG Solar) as a joint venture that focuses on solar energy business in Thailand. Each firm will hold a 50% stake in the company. Gulf1 is a subsidiary […]

Thailand’s developer Origin Property preps launch of 5 residential projects with partner Hong Kong-based investment group Lofis SET-listed developer Origin Property Plc has partnered with Hong Kong-based investment group Lofis to develop five residential projects worth 5-10 billion baht, with buyers from Hong Kong expected to resume property purchases in October. Origin chief executive Peerapong […]

Aibel’s Yard in Thailand Wraps Work on Dogger Bank A Topside Norwegian engineering and construction firm Aibel’s yard in Thailand has completed the construction of the Dogger Bank A wind farm substation topside, in what is the first ever HVDC converter platform exported from Thailand. Loaded on a BigLift heavy transportation vessel, the topside is […]

Households in Thailand can sell surplus solar power to state providers at THB2.20 per unit Households can sell their surplus solar electricity to state providers at the rate of 2.20 baht per unit, the Energy Regulatory Commission (ERC) said on Monday. The Provincial Electricity Authority (PEA) and Metropolitan Electricity Authority (MEA) will buy surplus electricity […]

Electricity Generating Authority of Thailand (Egat) operates its first 500-kilovolt (kV) high-voltage transmission line to the South The state-run Electricity Generating Authority of Thailand (Egat) is operating its first 500-kilovolt (kV) high-voltage transmission line to the South to boost power security to the region and aid the post-pandemic economic recovery. The transmission will double electricity […]

Anantara Koh Yao Yai Resort to open between Phuket and Krabi, Thailand in December 2022 Anantara Hotels, Resorts & Spas has announced the addition of Anantara Koh Yao Yai Resort, slated to open in December. Koh Yao Yai island is located in the middle of Phang Nga Bay halfway between Phuket and Krabi, Thailand. The […]