Thailand’s B.Grimm Power posts 25% rise in Q1 normalised profit On course to secure 1,000 MW this year B.Grimm Power Public Company Limited (BGRIM), Thailand’s leading industrial power producer, achieved a 654.3% growth in net profit attributable to the parent company in the first quarter of this year compared to the previous quarter, rising to […]
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Thailand’s Ratch Group closing in on new power generation assets Energy giant plans to spend B7bn on power plants SET-listed Ratch Group expects to conclude its 7-billion-baht purchase of new power generation assets soon offering 350 megawatts of capacity, strengthening its status as the largest private power producer by capacity. Chief executive Kijja Sripatthangkura did […]
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Khon Kaen, Krabi, Nakhon Si Thammarat and Trang airport expansions nearing completion The Department of Airports (DOA) has announced the progress of airport expansions in Khon Kaen, Krabi, Nakhon Si Thammarat and Trang. In Khon Kaen, the DOA has invested about 2 billion baht to build a new passenger terminal since 2018. The new facility […]
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Bangkok Metropolitan Administration to spend B260mn to renovate Green Bridge at Sarasin Intersection The Bangkok Metropolitan Administration (BMA) will spend 260 million baht renovating an elevated walkway connecting Lumpini Park at Sarasin Intersection on Witthayu Road and Benjakitti Park on Ratchadaphisek Road. The aim is to create another green area in the city. Known as […]
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Foreign Spouse’s Statutory Right to Inherit Land Plot from Thai Spouse or Family Member Article by Narit Direkwattanachai Corporate & Tax Attorney and Commercial Litigator, providing legal advice/representation to MNCs/entrepreneurs. Many foreign residents in Thailand happen to be married to Thai spouses or at least have some Thai family members. It is a well-known fact […]
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Mitsubishi Power Achieves #1 Market Share Globally in the First Quarter of 2021 According to McCoy Power Report No. 1 in the global gas turbine market with a 29.0% share 40.8% share of heavy-duty gas turbine market Mitsubishi Power, a subsidiary of Mitsubishi Heavy Industries (MHI) Group, captured the top market share by megawatts in […]
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Real estate investment trusts – Risks & Rewards according to CBRE According to CBRE, although investing in property funds and real estate investment trusts (REITs) offer portfolio diversification and higher dividends compared to Thailand’s 10-year government bond yields. According to CBRE, a leading international property consultant company, although investing in property funds and real estate […]
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AP Thailand shows strong low-rise performance Q1 revenues of over 10,770 million baht with 33,700 million baht backlog AP (Thailand) Public Company Limited, on a mission to EMPOWER LIVING to deliver good quality of life on customers’ terms, recently revealed financial figures for the first quarter of 2021 which reflect solid growth. The strong figures […]
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Foreign investors increase acquisitions of renewable energy projects in Vietnam Foreign investors from China, Thailand, and Singapore are increasingly acquiring renewable energy projects located at strategic positions from domestic enterprises. Chinese investors are increasing their ownership in numerous renewable energy projects in Central Vietnam, the Central Highlands region, and Southwest Vietnam. Notably, in Dak Nong […]
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Thailand’s State-owned firms in rush to boost investment spending to help restore the domestic economy State-owned and mostly state-owned energy firms are rushing their 2021-22 capital expenditure in a bid to help restore the domestic economy, which has been ravaged by three Covid-19 outbreaks. The spending will not only secure energy supply in Thailand but […]
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