Thai construction firm CH. Karnchang PLC has approved a loan totaling more than US$531.7 million to subsidiary Xayaburi Power Co. Ltd. for the development of Laos’ 1,285-MW Xayaburi hydropower plant. The financing, approved during a CK board meeting earlier this week, will be used “to pay for the increased construction works” of the project, “due […]
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PATTANI • Weaving through military checkpoints and speeding down a seafront road, our pick-up arrives at a cluster of pink wooden chalets squeezed onto a cape overlooking an azure gulf. Haad Sai or “Sand Beach” Resort in southern Thailand’s Pattani province is packed on weekends with locals from the surrounding insurgency-plagued region. But there is […]
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Keppel Land is strengthening its hotel and commercial portfolio in Yangon, Myanmar’s rapidly developing leading city. The Singapore-listed property firm yesterday held a topping-off ceremony for its joint venture project, Junction City Tower, which is being developed jointly with Myanmar-based construction company Shwe Taung Group. Keppel Land holds 40 per cent of the project with […]
Continue ReadingYangon-based Won Toll signed an agreement for a 300-megawatt solar power project with Kamrai Panit from Thailand on May 18, said officials. The US$1 billion agreement will fund the solar power plant in Ayeyarwady Region to generate electricity to transmit to industries, said U Kunn Zaw Tun, chair of Won Toll. The figure is unusually […]
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Thai-listed renewable energy company, Inter Far East Corporation Public Company Limited (IFEC), which is constructing a 20-megawatt solar power plant for industrial applications in Kampong Speu province, aims to be up and running by the second quarter of this year, a company spokesperson said yesterday. Commercial operations will take place in the province to the […]
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Thailand’s leading renewable energy and oil refinery firm Bangchak Petroleum Pcl (BCP) plans to acquire a local ethanol production plant with total investment of 800 million-1 billion baht ($22.4-$28 million). The plant has a daily production capacity of 150,000-300,000 litres. “We need to boost our ethanol production capacity to serve the fast growth of gasohol […]
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Hyatt and Boutique Corporation Ltd. have opened the Hyatt Place Phuket, Patong on the island of Phuket, Thailand. The 161-room beachside hotel marks the first Hyatt Place hotel in Southeast Asia, and features the Hyatt Place brand’s design, casual atmosphere and amenities such as free WiFi and 24-hour food offerings. “Thailand continues to be an […]
Continue ReadingThe German clean energy developer will work with Thailand’s state-backed Global Power Synergy Public Company to build the 25.88 MW solar PV plant in Japan’s Iwate Prefecture. A consortium of energy developers have signed an agreement to build a 25.88 MW solar PV plant in Japan’s Iwate Prefecture. Led by German EPC Conergy – in […]
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AN IDYLLIC island that is considered one of the most beautiful destinations in Thailand is being shut down — because tourists have wrecked it. Koh Tachai, an island off the coast of southern Thailand known for its stunning coastline and coral reefs, will be closed indefinitely from October 15, Thai authorities say. And because the […]
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We are extremely proud and excited to announce that CEA Project Logistics and Fagioli Italy are aligning focus, resources and efforts to expand our combined market presence and reach in South East Asia. A consortium agreement has been agreed by our two companies that will see CEA Project Logistics & Fagioli provide a multitude of […]
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