Thailand’s Prime Minister heralds phase 3 dvelopment of Rayong’s Map Ta Phut deep-sea port Prime Minister Prayut Chan-o-cha expects the third-phase development of Map Ta Phut deep-sea port to make Thailand a modern hub of water logistics, boosting investment in the Eastern Economic Corridor (EEC). “It will serve as a gate to connect trade between […]
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Can Tho City in Vietnam’s Mekong Delta eyes two highway works at $118-mln cost Can Tho City in the Mekong Delta wants to build or upgrade highways to its neighboring Hau Giang and Kien Giang provinces at a cost of VND2.7 trillion ($118 million). In a recent report it sent to the central government on […]
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Japanese partners Tokyo Electric Power and Chubu Electric Power to join 4.5 gigawatt LNG power project in Vietnam Site, to be built with Exxon Mobil, will be one of largest in Southeast Asia A venture between two major Japanese power utilities will participate in building one of Southeast Asia’s largest natural gas-fired power plant and […]
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Thai Property developer Ananda Development losses pile on in 2021 due to pandemic impact Property developer Ananda Development Plc (ANAN) reported a 2021 full-year net loss of 457 million baht. The losses were a 120 per cent increase from 2020 which the company blamed on weak property demand caused by the Covid-19 pandemic. The company’s […]
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Thai developer Pruksa Holding plans spending spree of 3.5 billion baht in property and healthcare technology startups SET-listed developer Pruksa Holding Plc (PSH) will invest 3.5 billion baht in property and healthcare technology startups to strengthen its core businesses and boost recurring income, after going through a restructuring and a clearance of its inventory over […]
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Construction of Phnom Penh Logistics Center (PPLC) planned to commence In November 2022 The construction of Phnom Penh Logistics Center (PPLC) is planned to kick off in November this year. The information was revealed by Sun Chanthol, Senior Minister and Minister of Public Works and Transport while receiving a courtesy call from Ambassador of Singapore […]
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Grand Nikko Bangkok Sathorn hotel to open in 2025 Okura Nikko Hotel Management will open its fifth property in Thailand come 2025, when the construction of Grand Nikko Bangkok Sathorn is completed. Located in the Sathorn district, the first Grand Nikko-branded hotel in Thailand will offer 405 keys, of which 36 will be designed for […]
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Thai businesses appeal to government to cut labour import cost Businesses struggle amid dire shortage Businesses have appealed to the Labour Ministry to reduce the expenses involved in importing migrant workers and shore up labour shortages. Labour Minister Suchart Chomklin said so far labour imports via the memorandum of understandings (MoU) signed with neighbouring countries […]
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Siam Commercial Bank, Gunkul Engineering offer solar rooftop campaign to help clients pay less electricity costs Thailand’s major lender Siam Commercial Bank Plc (SCB) has partnered with energy producer Gunkul Engineering Plc (GUNKUL) to offer clients discounts on solar rooftop installation fees, in the aim of lowering their electricity bills this summer. In a “Save […]
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Thailand’s CK Power plans 2.8 GW of renewable electricity generating capacity by 2024 Thai power producer and distributor CK Power PCL (BKK:CKP) plans to more than double in size over the next three years by adding some 2.8 GW of renewable electricity generating capacity. Managing director Thanawat Trivisvavet stated that the company intends to build […]
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