Thailand’s private and public sectors are estimated to spend 690 billion baht ($19.4 billion) over the next three to five years on expanding capacity of petroleum, electricity and renewables to secure energy supplies, a senior official at energy ministry said on Thursday. About 342 billion baht will be used for petroleum development, including expanding […]
Continue ReadingSupported by international investors continuing to diversify their real estate portfolios, Asia Pacific has recorded a steady flow of international capital, with investment turnover increasing by 9% year on year to US$13 billion in the first half of 2015 according to real estate advisory company CBRE’s latest Asia Pacific Investment Guide. Richard Kirke, Managing Director, […]
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SET-listed property developer Land and Houses Plc (LH) plans to spend 14 billion baht to build Terminal 21 shopping centres in Pattaya and Phuket. The investment value of the two shopping malls is estimated at 7 billion baht each, compared with the 3-billion-baht price tag of the first Terminal 21 in Bangkok, LH chairman Anant […]
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In one year windmills from Denmark will rotate in the Southeast Asian wind. Danish wind turbine manufacturer Vestas have received an order of 126 megawatts for a big wind-power project in Thailand. The order includes 70 V110-1,8 MW windmills which will be delivered, installed and put into service in the Songkla and Nakhon Si Thamarat […]
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People rise early to catch the sunrise at the Pha Nok An atop the famous Phu Kradueng in Loei. (Bangkok Post file photo) LOEI — Residents of Phu Kradueng district have called on the government to build an electric cable car system for Phu Kradueng National Park. About 300 supporters of the cable car project, […]
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Getty Images: A Burmese woman walks by billboards in Yangon, Myanmar. There is an Asian country that doesn’t have an active stock market or even a credit rating. Yet its economy may grow by 10 percent this year. Meet Myanmar, an unlikely growth star. The frenetic growth in the country formerly known as Burma is in […]
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Laos hopes a railway between Vietnam and Thailand and another connecting Thailand and China will help drive socio-economic development in the impoverished country. Lao government officials have expressed concern about the interest rate on a U.S. $500 million loan from China to build a multibillion-dollar, high-speed railway through the Southeast Asian nation, and have asked […]
Continue ReadingJAPANESE solar-power company Yokohama Holdings has set up a joint-venture firm, Yokohama Holdings Energy (Thailand), with Thai investor Kittisak Jampathip-phong, a major shareholder of property brokerage Century 21, to expand the solar-energy business in Thailand. Takamichi Matsuda, chief executive officer of Yokohama Holdings, said his company saw an opportunity in Thailand to get into the […]
Continue ReadingThe airport construction project on Koh Phangan by commuter carrier Kan Air has trespassed on Than Sadet-Koh Phangan National Park, Surat Thani deputy governor Ouaychai Innak said on Wednesday. Mr Ouaychai said an inspection carried out by forestry officials found part of the land on a mountain in Thong Nai Pan bay which had been […]
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An aerial view of the Bangkok Expressway in Bangkok’s Klong Toey district. Bangkok Expressway Plc, operator of the network, is merging with subway operator Bangkok Metro Plc to form a new company. SEKSAN ROJJANAMETAKUN The new construction company to be formed by the merger of SET-listed Bangkok Expressway Plc (BECL) and SET-listed Bangkok Metro Plc […]
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