Rise in Thailand’s minimum daily wage deemed acceptable By THE NATION The rise in daily minimum wage announced yesterday (December 6) was set at an appropriate rate, said Thanawat Pholwichai, director of the Centre for Economic and Business Forecasting of the University of the Thai Chamber of Commerce. He estimated that the hike would see […]
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Finnish electricity generator installed in Cambodia Two generators worth some $400 million that the government bought from Finland and Germany earlier this year will generate an additional 400MW of electricity by June 2020, which will help reduce dry season power shortages., Cambodia’s Ministry of Mines and Energy, H.E.Victor Jona said on 2nd December 2019. MR. […]
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Electricity Generating Authority of Thailand (Egat) to pursue floating solar project in dams The Electricity Generating Authority of Thailand (Egat) intends to press ahead with the development of a floating solar project in dams, regardless of the ongoing revision of the Power Development Plan (PDP) by the Energy Ministry. Egat governor Viboon Rerksirathai said that […]
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Cambodia’s construction sector continues skyscraping performance INVESTMENTS in the Cambodian construction sector are expected to rise to 78 per cent by the end of the year, compared to 2018. Its Ministry of Land and Management, Urban Planning and Construction said that investments across the country are expected to be around US$9.3 billion (RM38.9 billion) this […]
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Mitsubishi Hitachi Power Systems ships JAC turbines for Gulf Energy & Mitsui CCGT plant in Thailand A new combined cycle gas turbine (CCGT) project in Thailand has received the first shipment of eight gas-fired units needed for the plants under construction. Mitsubishi Hitachi Power Systems has completed a shipment of its JAC (J-Series Air Cooled) […]
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Otium Living launches luxury retirement village near Kamala Beach in Phuket Otium Living, retirement village developer and operator, has launched its first luxury retirement village in Phuket, Thailand. Otium Phuket spans 20 acres and is part of the larger five-star MontAzure mixed-use residential area. The retirement village has a total of 149 properties, comprising 123 […]
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Thailand’s cabinet approves land tax deductions A selection of property owners in Thailand will enjoy a deduction of 50-90 per cent under the Land and Building Tax Act, following the approval of a royal decree and two ministerial regulations this week. A series of land tax deductions will be available to Thai property owners from […]
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Saving the Mekong With Floating Solar Power Solution 05 December 2019 By: David Brown, Mongabay For two decades or more, alarms have been sounding for the Mekong Delta. It is being hammered by climate change, by a proliferation of upstream dams, by unsustainable and inappropriate farming practices, by greed and political expediency. The punishment the […]
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Vietnam’s Auction Plan for Solar Energy •Vietnam’s energy demand is forecast to increase by over 10 percent by 2020. •After a rush of investment in solar energy in Vietnam, the government has introduced an auction system to stabilize the sector. •While the sector remains attractive, investors can expect a more rigorous approval process. Vietnam’s electricity […]
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Italthai eyes franchising its hotels overseas and branching out into electric vehicles The firm is diversifying to meet global trends 06 December 2019 Italthai Group, one of Thailand’s oldest construction and hospitality companies, wants to modernise its business by franchising its hotels overseas and branching out into electric vehicles. “We will start franchising our four-star […]
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