Author: Peter Carlisle

Ananda Development to appeal Thailand’s court’s condo ruling to allow the construction or modification of Bangkok’s Ashton Asoke luxury condo project SET-listed Ananda Development plans to appeal the verdict of the Central Administrative Court, which revoked a notification document to allow the construction or modification of Ashton Asoke, a joint venture luxury condo project with […]

Ananda Development shares tumble after Thailand’s Central Administrative Court ruling Shares of Ananda Development Plc (ANAN), one of the country’s leading residential developers, plunged over 14 per cent on Monday after the Central Administrative Court ruled to withdraw the residence license for the Ashton Asoke condominium project (Sukhumvit 21 Asoke). ANAN shares fell sharply by […]

EGAT reveals floating solar hybrid hydropower at Sirindhorn Dam Start supplying electricity in October 2021 First Synchronization (prepare to test parallel generators to the grid system for the first time): 01 August 2021 Commercial Operation Date (COD): In October 2021. Mr. Prasertsak Choengchawano, Deputy Governor of Power Plant Development and Renewable Energy Electricity Generating Authority […]

Free rides on three-month trial run of Bangkok’s Red Line electric train service begins on 02 August 2021 A three-month trial run of the Red Line electric train service begins on Monday, with carriages limited to half-capacity to allow passengers to maintain social distancing during their ride. Prime Minister Prayut Chan-o-cha will preside over the […]

Thailand’s covid-19 one-month closure of construction worker camps hits demand for cement The one-month closure of construction worker camps to curb the spread of Covid-19 has decreased domestic demand for cement and building materials by 20%, says Siam Cement Group (SCG), Thailand’s largest cement maker and industrial conglomerate. SCG said its cement, building materials and […]

Patrice Bard, Managing Director of construction giant Bouygues-Thai on Building Back Stronger Casting a glance at the statistics might give the impression that Thailand fared better than most when it came to COVID-19. Tough lockdowns and travel restrictions meant there were fewer than 7,000 cases throughout 2020 and only 61 deaths in a country of […]

Thailand’s Clover Power aims to list 320m shares in IPO Clover Power Plc (CV), a renewable energy power plant developer and operator, plans to issue 320 million shares — 25% of total common shares — under its initial public offering (IPO). The company is awaiting approval from the Securities and Exchange Commission. The IPO should […]

Thailand’s state agencies may consider waiving fines for contractors who’ve fallen behind construction schedule due to COVID-19 pandemic Thailand’s Comptroller General’s Department has revealed that state agencies may consider waiving fines for private companies which have fallen behind construction schedules due to the impact of the COVID-19 pandemic. Department Director-General Prapas Kong-ied said, although the […]

Thailand’s Steel demand to drop for a few months due to 30-day covid-lockdown of construction worker camps State projects to fuel recovery, says TSTH The one-month shutdown of construction worker camps to contain the spread of Covid-19 is expected to decrease demand for steel in the construction sector by 30-40% as Tata Steel Thailand (TSTH) […]