Thailand-based power distributor Superblock intends to spend BHT30bn ($884m) to boost its solar power business. The Thai firm is backed by a government drive, which aims to promote green energy development in the country. At present, 70% of the facilities in Thailand use natural gas as fuel for power generation. The Asian country intends to […]
Continue ReadingTHAILAND’S power utility Egat has been accused of exacerbating conflict in Myanmar’s Shan state by backing a controversial dam on the Salween. More than a dozen Shan community groups called on the Electricity Generating Authority of Thailand and China’s Three Gorges Corporation yesterday to pull out of the huge Mong Ton Dam, saying the US$8-billion […]
Continue ReadingA worker at a condominium construction site in Bangkok. Business operators like the idea of a floating daily wage based on growth in a province and labour skills. PATIPAT JANTHONG Businesses are voicing support for the National Wage Committee’s decision to cancel the fixed 300-baht minimum daily wage next year and replace it with a floating rate, […]
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Motorists drive past construction of the 26.8-kilometre Bang Sue-Rangsit Red Line mass-transit route. The government yesterday agreed to borrow again from the Japan International Cooperation Agency to continue funding the project. WICHAN CHAROENKIARTPAKUN The cabinet gave the nod yesterday to a State Railway of Thailand (SRT) proposal to borrow ¥38.2 billion (10.4 billion baht) from the […]
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2015 is a big year for the climate change agenda. In December, negotiators will descend upon Paris to sign a new universal and legally binding treaty to tackle the issue. Yet as oil apologists and environmental campaigners dispute the impact of greenhouse gas emissions, business people are seizing the advantage of government subsidies to profit […]
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Steps to end the old area’s gridlock have been enforced Watching public buses move at a snail’s pace in the Rattanakosin neighbourhood for years, Xantharid Virochsiri always felt there could be a solution to ending the traffic gridlock in this old part of town. New traffic measures were enforced on Monday for a 60-day trial […]
Continue ReadingFirm says investment will save govt B70bn BTS Group Holdings Plc has proposed a plan to invest in the Khon Kaen-Laem Chabang dual-track railway. It says its investment could save the state budget 70 billion baht. The plan was unveiled as BTS chairman Keeree Kanjanapas met Transport Minister Prajin Juntong on Friday. Citing the plan, […]
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Luxury real estate developer Raimon Land PCL celebrated the topping-off of its Unixx South Pattaya residential project at a special press event held on May 20, with completion scheduled for late 2015. Developed as a weekend getaway for both Thais from Bangkok and international buyers looking for well-priced sea view freehold condominium property, Unixx South […]
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The rail canal would be able to cut 2,000km and two days off the shipping route through the Strait of Malacca. South Korea will propose a US$4.8-billion (S$6.5 b) “rail canal” project for Thailand’s consideration, aiming to provide a new trade lane via this country’s land bridge. The project would entail the new concept of […]
Continue Reading(MENAFN – Gulf Times) Countries of the Association of Southeast Asian Nations (Asean) are taking steps to extend leasehold periods granted for foreign individual or companies for land in a bid to boost investment. The Thai government recently approved 99-year leases for state land for industrial and commercial use to speed up the development of […]
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