U City Plc to develop Bangkok’s riverside Old Customs House as luxury hotel 30 May 2019 SET-listed real estate investment firm U City Plc, a subsidiary of BTS Group Holdings Plc, will spend 3 billion baht to develop a luxury hotel on the Treasury Department’s riverside plot in Bang Rak where the Old Customs House […]
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Thai officials reject coal use at NPS’s long-delayed Prachin Buri power plant The plant has been ordered to run on natural gas to generate electricity. Thailand’s National Power Supply Co. (NPS), the power generation arm of Double A Power Co, has been ordered by officials to shift from coal to natural gas to generate electricity […]
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Vietnam expects to operate 88 solar power plants by June 2019 The additional 61 solar power plants are expected to generate a total capacity of 2GW. Vietnam is forecasted to operate as many as 88 solar power plants by June 2019 as Vietnam Electricity (EVN) looks to speed up the completion of its 61 solar […]
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Laos Dam Collapse Due to Use of Soil – Water Experts conclude 28 May 2019 Poor construction methods, with soil used in place of concrete, caused a fatal hydropower dam collapse last year in Laos, a panel of water experts has concluded, prompting a rejection of its findings by the South Korean firm that built […]
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Asian Development Bank (ADB) to help build 100-MW solar park in Cambodia 28 May 2019 The Asian Development Bank (ADB) has approved a $7.64 million loan to support the construction of a 100-megawatt (MW) solar power park in Cambodia, which will help the country develop renewable energy resources, diversify its energy mix, and improve the […]
Continue ReadingTilleke & Gibbins adds energy practice co-heads, corp partner in Bangkok Tilleke & Gibbins has expanded its Bangkok office after hiring Joseph Tomkiewicz and Supasit Boonsanong as co-heads of its energy practice, and Prisna Sungwanna as a corporate partner. While Tomkiewicz joins from Chevron South Asia, where he was a general counsel, Supasit and Prisna […]
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Mitsubishi Estate Group eyes inner Bangkok offices 29 May 2019 Mitsubishi Estate Group, one of Japan’s largest real estate firms, remains upbeat on Thailand, eyeing logistics in outer Bangkok as a next venture after co-investing with SET-listed developer Raimon Land Plc to build a high-end office tower this year. Shigehiro Ono, executive director of Mitsubishi […]
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Risland Thailand to launch 5 projects in Bangkok and Phuket over 10 months, worth B10bn 30 May 2019 Chinese-owned, Hong Kong-based developer Risland Thailand will spend 8 billion baht to launch five residential projects in Bangkok and Phuket worth a combined 10 billion baht over the next 10 months. Paul Nie, regional sales, marketing and […]
Continue ReadingThai Court rejects Charoen Pokphand Group led consortium injunction in bidder selection committee of 290-billion-baht Eastern Airport City Project 29 May 2019 The Central Administrative Court threw out a petition lodged by the Charoen Pokphand Group (CP)-led consortium requesting an injunction against the bidder selection committee for the 290-billion-baht Eastern Airport City Project. The consortium […]
Continue ReadingThailand’s Akaryn Hotel Group to launch concepts in Indonesia, Vietnam 27 May, 2019 Akaryn Hotel Group, Thailand’s award-winning luxury boutique hotel specialist, is preparing to spread its wings and enter international markets for the first time, with the launch of its pioneering hospitality brands in Indonesia and Vietnam. In the coming months, two of the […]
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