Thailand’s Government plans to charge foreigners more than Thais for hotel rooms Foreign tourists may soon find Thailand a more expensive destination than in the past two years with the country now planning to raise hotel rates to pre-pandemic levels to support a faster recovery of the industry. The Tourism and Sports Ministry plans to […]
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Thai Baht’s current slide is a grim reminder of its crash 25 years ago On July 1, at some point during the day, the baht fell to 35.66 to the dollar, its weakest in five years. It closed at 35.63 at the end of the trading session on the first day of this month, according […]
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Laos commissions new feasibility study into rail link with Vietnam The government of Laos has commissioned a feasibility study into the construction of an electrified rail link with Vietnam, the latter’s state news agency said. The Laos–Vietnam Railway Project (LVRP) would extend the country’s recently completed railway to Kunming, China some 330km as the crow […]
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Siam Yamato Steel signs contract with Thailand’s Provincial Electricity Authority to manage floating solar-generated electric power “Turning Water to Clean Energy, Combatting Global Warming” concept reaffirms SYS as a Thai steel manufacturer with Green Heart The Provincial Electricity Authority (PEA), represented by Mr. Sompong Dumrongongtragool, Deputy Governor (Business and Marketing), and Siam Yamato Steel Co., […]
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Samsung Engineering Acquires Stake in Vietnamese Water Treatment Company Samsung Engineering, one of the world’s leading engineering, procurement, construction and project management (EPC & PM) companies, announced on June 30 that it has acquired a 24 percent stake in the Vietnamese water treatment company DNP (Dong Nai Plastic) Water for about US$41 million. A signing […]
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Former MP questions how a defective 12 billion baht parliament building was accepted from its builder, Sino-Thai Engineering and Construction Former Democrat MP Watchara Petthong is seeking answers from the office of the secretary-general of the House of Representatives about how it can accept the delivery of the 12 billion baht parliament building from its […]
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Vietnam’s Ben Tre province puts into operation wind power plant No. 5 This morning, Tan Hoan Cau Company inaugurated and put into operation the wind power plant No. 5 Thanh Hai, in Thanh Hai Commune in the Mekong Delta Province of Ben Tre’s Thanh Phu District. Speaking at the inauguration ceremony, Chairman of the People’s […]
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Bangkok’s Yellow and Pink monorails to begin trial runs in October 2022 The Yellow and Pink monorail lines are expected to begin trial runs in October, with partial operations to start early next year, according to Transport Minister Saksayam Chidchob. Speaking after inspecting the progress of the lines, Mr Saksayam said passengers can expect to […]
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Thailand’s TPC Power Holding expects its revenue to grow by 30-40% this year Revenue growth driven by a waste-to-energy power plant and two biomass power plants SET-listed TPC Power Holding Plc (TPCH), the renewable energy arm of engineering and construction service provider Thai Polycons Plc, expects its revenue to grow by 30-40% this year, driven […]
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Thailand agrees $9.6 billion investment in Eastern Economic Corridor (EEC) industrial east over 5 years Thailand approved on Tuesday a five-year investment of about 338 billion baht ($9.64 billion) in its industrial east from 2023, a government official said, part of efforts to boost the country’s long-term growth. The Eastern Economic Corridor (EEC) investments will […]
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