Bangkok development ‘The Forestias’ sales jump to six billion baht Magnolia Quality Development Corporation (MQDC), one of Thailand’s leading property developers, has announced that The Forestias, the world’s first town purposefully designed for healthier living, registered new sales of 2,000 million baht in the last three months, and that total sales now exceed 6,000 million […]
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Thailand Population latest, Less Thais but the number of foreigners goes UP, More Thai women than men Many people especially on online forums have suggested that foreigners were leaving Thailand in droves but the latest population figures seem to suggest otherwise. The number of Thais has gone down but the number of foreigners in the […]
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Myanmar coup grinds cross-border infrastructure projects to halt Dawei industrial zone could face two-year delay to completion While the coup in Myanmar has muzzled democracy in a country that once again finds itself under junta rule, the political unrest has also forced major infrastructure projects to go silent, threatening to derail plans for badly needed […]
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Thailand’s B.Grimm Power to spend $1.67b in renewable, fossil fuel assets Its current power generation capacity is slated to increase by 900 MW in 2021. Thailand-based independent power producer B.Grimm Power (BGRIM) announced the allocation of 45–50b baht (US$1.50–1.67b) in capital spending to expand its business primarily through asset acquisitions. Most of the budget will […]
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World Bank debars Germany’s Ferrostall Oil & Gas for 13 months in connection with alleged fraudulent practice in Myanmar The debarment makes Ferrostall Oil & Gas ineligible to participate in projects and operations financed by institutions of the World Bank Group for the stated period The World Bank has announced the 13-month debarment of Germany’s […]
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Thailand’s Singha Estates to triple revenue with strategic expansion Property firm eyes industrial estates, power generation, and engineering services Singha Estate PCL, a leading Thai property investment and development company, has revealed its hopes to triple its annual revenue by widening the scope of its business interests and integrating its traditional property businesses with industrial […]
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Vietnam needs 128.3 billion USD to develop electricity industry Vietnam needs about 128.3 billion USD of investment capital to develop its electricity industry in 2021-2030, according to draft electricity planning released by the Ministry of Industry and Trade (MoIT). On February 9, the MoIT issued a draft national electricity development planning project for 2021-2030, with […]
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Study reveals how much money you need to retire in Thailand Anyone thinking about retiring to Thailand should have the equivalent of around 11 million Baht in savings (approx USD$390,000), that’s according to a new study on the cost of retirement around the world. The study, carried out by online lender NetCredit titled The Cost […]
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Siemens Energy join B.GRIMM for foundation stone laying ceremony at Laem Chabang 1 Combined Cycle Power Plant Siemens Energy joined B.GRIMM at the foundation stone laying ceremony of Laem Chabang 1 Combined Cycle Power Plant (CCPP) on 19 February 2021 at Laem Chabang Industrial Estate. This modern and highly efficient 140MW CCPP, which will be […]
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Thailand’s Global Power Synergy sets capacity goal for 10 years to 16,000 megawatts Global Power Synergy Plc (GPSC), a power generation arm of PTT Group, has set a 10-year time frame to achieve the company’s goal of increasing its power generation capacity to almost 16,000 megawatts from 5,055MW at present. Half of the new capacity […]
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