Myanmar’s construction sector contracts 30% due to COVID-19 pandemic Industry insiders say that the country’s construction sector has slowed by around 30 percent due to the COVID-19 pandemic. “There are construction projects that have been suspended due to a shortage of imported building materials and some have been stopped temporarily due to cash flow problems. […]
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New retail in Bangkok declines in first quarter as pandemic persists Lowest supply in a decade expected New retail supply in Bangkok and the surrounding area in the first quarter of this year is expected to decline by 65% year-on-year because of an array of negative factors, including the coronavirus pandemic. According to Surachet Kongcheep, […]
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Thailand’s Super Energy Corporation assigns $457m for Vietnam solar deals Despite the looming global recession caused by the Covid-19 pandemic, SET-listed Super Energy Corporation announced that it will allocate US$457 million for asset acquisition in Vietnam this year. Chairman and acting managing director Jormsup Lochaya said the company decided to take over four solar farm […]
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Vestas secures fourth intertidal wind energy project in Ben Tre Province, Vietnam Maintaining its successful momentum with 200 MW order intake in Vietnam last year, Vestas has now secured its fourth intertidal project in the country with a 29 MW order with Sigma Engineering Joint Stock Company. The Ben Tre V1-3 wind power project will […]
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Bangkok’s MRT Blue Line launches full service from 30 March 2020 The MRT Blue Line will be fully operational from March 30, officials said on Sunday. They said that with the arrival of 35 new trains, all 54 Blue Line trains will be operated covering all new stations. The line is 48 kilometres long and […]
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Offshore wind turbine installations gather pace in Asia The Asia-Pacific region is taking the lead globally in new installations of offshore wind turbines, increasing demand for turbine manufacturing facilities and metals consumption. Offshore wind turbines are typically larger than those installed onshore, increasing demand for alloying metals such as chromium, molybdenum and manganese in the […]
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Cambodia’s National Assembly Approves 1,000 MW Coal-Fired Plant Projects The National Assembly this morning (26.03.2020) approved coal-fired power projects with a production capacity of nearly 1,000MW. The approval was made in an extraordinary parliamentary session chaired by Samdech Akka Moha Ponhea Chakrei Heng Samrin, President of NA, with 108 lawmakers in attendance. The projects were […]
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First 500-meter length of rail track laid as China-Laos railway construction proceeds steadily With its first 500-meter-long rail steadily laid on the subgrade, the China-Laos railway kicked off its track laying work on Friday in Lao capital Vientiane. The rail is the longest one outside China in Asia and it was also the first time […]
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No worries on electricity supply Thailand’s Energy Ministry assures By THE NATION The Energy Ministry will ensure adequate electricity supply while many people are advised to work from home by the government in an attempt to promote social distance and prevent the spread of Covid-19, Energy Minister Sonthirat Sonthijirawong said on Saturday (March 28). “I […]
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Thailand’s Global Power Synergy Plc (GPSC) bags four firms operating nine solar farms in Thailand at 39.5MW Global Power Synergy Plc (GPSC), the power generation arm of national energy firm PTT Plc, took over four firms yesterday operating nine solar farms in Thailand with total capacity of 39.5 megawatts. Chawalit Tippawanich, president and chief executive […]
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