Italian-Thai inks contract, sees 18% 9month profit drop 30 November 2018 Italian-Thai Development Plc has inked a contract worth Bt5.34 billion for construction of a port and natural gas station in Rayong with PTT LNG Co Ltd, according to the company reports to the Stock Exchange of Thailand yesterday. The contract will take time 30 […]
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Uncertainty for Dawei mounts as Myanmar govt considers replacing Italian-Thai Development (ITD) 28 November 2018 Lack of clarity in the contract signed between Italian-Thai Development (ITD) and the Myanmar government to develop the highly controversial Dawei Special Economic Zone (SEZ) in Tanintharyi Region needs to be addressed, an SEZ official cautioned as the government is […]
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Coal shortage could sap Vietnam’s energy 28 November 2018 A serious coal shortage is threatening Vietnam’s power production plans even as the nation’s demand for energy rises. Le Duy Hanh, chairman of the Quang Ninh Thermal Power Company (TPC Quang Ninh), said they have shut down two out of four turbines since November 17 due […]
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Thai oil giant PTT to take on Starbucks with $1.3bn investment plan PTT prepares for retail spinoff with coffee chain expansion 28 November 2018 Thailand’s biggest oil company, PTT, is planning a $1.3 billion investment over five years to build its coffee shop franchise into a global brand rivaling U.S. giant Starbucks, as it prepares […]
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BMA Governor inspects BTS Green line service – Bearing to Samut Prakan 29 November 2018 (NNT) The Governor of Bangkok has inspected the BTS Green Line extension before the nine stations from Bearing to Samut Prakan open for a four-month trial from December 6th to April 15th. Bangkok Governor, Police General Asawin Kwanmuang together with […]
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Dusit International and Silpakorn University to preserve heritage of Dusit Thani Bangkok 27 November 2018 Unique project to preserve the rich architectural and artistic heritage of Dusit Thani Bangkok Dusit International, one of Thailand’s leading hotel and property development companies, has partnered with Silpakorn University to launch a unique project to preserve the rich architectural […]
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Thailand’s Gulf Energy and Mitsui to start working on 2.5GW combined-cycle power plant 14 November 2018 About $1.5b will be invested in the project. Thailand’s energy producer Gulf Energy Development (Gulf) and the Public Japanese conglomerate Mitsui have agreed to start works on the 2,500MW Chonburi combined-cycle (CCGT) power plant in the Chonburi province of […]
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GULF successfully signs a long-term loan agreement on GSRC power project 9 November 2018 Gulf GSRC power project, operated by Gulf Energy Development Public Company Limited or GULF, has successfully secured debt financing and has entered into financing agreements to obtain long-term loan facilities. GSRC power project, the first of the IPP projects, has successfully […]
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ONYX announces second Amari property in Vientiane Laos 20 November 2018 ONYX Hospitality Group, one of the region’s leading hotel management companies, on Tuesday announced a management agreement with Laos-based Asia Investment, Development & Construction Sole (AIDC) to develop a new-build Amari hotel in the centre of Vientiane. AIDC is an investment and construction joint […]
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New passenger terminal and facilities launched Krabi International Airport 23 November 2018 The Minister of Transportation has officially launched a new terminal at the Krabi International Airport this week. Transport Minister Arkom Termpittayapaisith officially officiated at the launch of the new passenger terminal at the airport yesterday. New common-use check-in counters were also launched at […]
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