Myanmar suffers power cuts amid turmoil, rising costs Myanmar is suffering frequent power outages following last year’s military coup and as energy prices rise. The military-controlled electricity and energy ministry says transmission equipment at hydro-power plants has been destroyed by militant forces. The ministry also says some natural gas-fueled power plants have suspended operations because […]
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Laos power plant deals in the pipeline Developers and operators of four hydroelectric power plants in Laos will sign power purchase agreements with energy policymakers in Laos and Thailand within May under a plan to promote more renewable energy. Massive investments in these power plants, which will be located in northern Laos, are expected over […]
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Thailand’s Koh Samui port feasibility study launched Site at Laem Hin Khom in tambon Taling Ngam seen as a potential location for proposed cruise ship terminal project The Marine Department has decided to launch a study to determine the feasibility of constructing a cruise ship terminal on Koh Samui in Surat Thani province. In an […]
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Self-built homes in Thailand hit by 5-8% cost hike as Russia-Ukraine conflict pushes up prices Prices of self-built homes will rise 5-8% after the Russia-Ukraine conflict pushed up prices of metals and fuel by more than 50% in less than a month, according to the Home Builder Association. Woravut Kanjanakul, the association’s president, said metal […]
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Laopec, The first modern petroleum refinery in Laos Lao Petroleum and Chemical Co Ltd (Laopec), located in the Saysettha Development Zone in Lao capital Vientiane, has invested more than $200 million in a petroleum refinery. Laopec launched the first phase of production of its three million tonnes a year refinery in December 2020, which has […]
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Thai Transport minister checks work on fifth Thai-Laos bridge from Bueng Kan to Bolikhamsai Transport Minister Saksayam Chidchob on Saturday inspected work on the fifth Thai-Lao Friendship Bridge from Bueng Kan to Bolikhamsai. The bridge is due for completion in 2024. It will carry goods and tourists between the two countries on Highway 212 from […]
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Thai court stays order for ฿25.7bn baht compensation payment to Hopewell The Central Administrative Court has stayed the execution of a court injunction, upheld by the Supreme Administrative Court, ordering the Thai Transport Ministry and State Railway of Thailand to pay Hopewell (Thailand) 25.7 billion baht in compensation, for breach of contract. The order was […]
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Malaysia talks with Thailand on construction of second Rantau Panjang-Sungai Golok bridge project Malaysia will immediately begin negotiations with Thailand on the construction of the second Rantau Panjang-Sungai Golok bridge near the border of both countries. Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed said talks should be expedited following a joint […]
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Thai developer Sansiri set to launch 28 low-rise projects in 2022 SET-listed developer Sansiri is bullish on low-rise housing developments, planning to launch 28 new projects worth a combined 39 billion baht in 2022, more than twice as many as last year. Anat Kittikulmethi, deputy managing director of the project development department for low-rise, said […]
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Siamese Asset plans six new residential projects Developer diversifies into new ventures to boost and stabilise annual revenue SET-listed developer Siamese Asset is planning to launch six new residential projects worth a combined 11.6 billion baht, with one offering nursing care facilities for elderly and rehabilitation patients. Chief executive Kajonsit Singsansern said the company will […]
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