Future of Laem Chabang seaport’s third-phase development scheme uncertain Contract issues stall bids 18 May 2019 There is a possibility that the contract for Laem Chabang seaport’s third-phase development scheme will not be signed under the current administration, according to the Port Authority of Thailand (PAT). The 84-billion-baht scheme is one of the five megaprojects […]
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High-rises skirt law to spring up in Bangkok’s narrow streets Tall condominiums cause a myriad of problems in areas unsuited to their construction 12 May 2019 Due to unscrupulous state officials and greedy real estate developers exploiting legal loopholes, many high-rises manage to spring up in narrow sois in Bangkok, posing environmental problems and safety […]
Continue ReadingRatch Group gets licence to develop and operate two units of a 1,400-megawatt gas-fired power plant in Ratchaburi province Gas-fired Ratchaburi plant to double generating capacity 11 May 2019 The Energy Policy Administration Committee (Epac) has granted a licence for SET-listed Ratch Group Plc to develop and operate two units of a 1,400-megawatt gas-fired power […]
Continue ReadingThailand’s 100-billion-baht infrastructure development plan to boost links with its neighbours 11 May 2019 The government is now on track to turn Thailand into a transport hub for six countries in the Greater Mekong Subregion (GMS), following a 100-billion-baht infrastructure development project in the Thai border provinces. “Once construction of the facilities is complete, Thailand […]
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Best Western Hotels & Resorts holds ground-breaking ceremony for its latest hotel in Bangkok, Best Western Nada Don Mueang Pictured at the ground-breaking ceremony: Rene Jewell, Cluster General Manager, Best Western Plus Wanda Grand Hotel and Vīb Best Western Sanam Pao (far left); Olivier Berrivin, Managing Director of International Operations – Asia, Best Western (2nd […]
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Thai Supreme Court orders insurers to cover Red Shirts 2010 riot damage claims 9 May 2019 Thailand’s Supreme Court has ordered six insurers to pay around THB100 million (US$3.15 million) in property damage claims due to anti-government protests that led to rioting in 2010. The decision compels New Hampshire Insurance, Dhipaya Insurance, Fall Call Insurance, […]
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Thailand’s Richest 2019 – Renewables Somphote Ahunai, CEO of Absolute Energy Former securities trader Somphote Ahunai, who made his first billion from solar and wind power, is now betting on electric vehicles and the batteries to power them. Shares in Somphote’s renewable energy company, Energy Absolute — of which he and his family own 44% […]
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Singapore ranked as fourth costliest Asian city to build in – Bangkok 8th 9 May 2019 The construction sector shrank by 3.4% in 2018 due to a slowdown in public sector construction activities. Construction costs in Singapore are still cheaper than Hong Kong as the city-state remained the fourth most expensive city in Asia to […]
Continue ReadingEgat seeks to tackle unstable generation with development of its power generation system 1 May 2019 The state-run Electricity Generating Authority of Thailand (Egat) is proceeding with development of its power generation system to make it more flexible to tackle unsteady power generation from renewable energy. As renewable power generation and distribution increase nationwide, the […]
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Myanmar has an energy problem 30 April 2019 Ever since Myanmar undertook a series of political, economic and administrative reforms in 2011, the country’s economy has steadily improved. According to data from the Asian Development Bank (ADB), Myanmar is enjoying some of the highest growth rates in the region. The ADB predicts that the country’s […]
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