Dawei road loan nears Neda close to backing Myanmar link The Neighbouring Countries Economic Development Cooperation Agency (Neda) is about to approve a long-awaited road construction project linking Thailand and the Dawei deep-sea port in Myanmar. The move came after the Myanmar government finally approved borrowing of up to 4.5 billion baht in credit facility […]
Continue ReadingThailand plans to increase coal use in power generation – minister * To find new coal-fired power plant locations end-2018 * Increase coal’s share in power generation to ensure security * Electricity from renewable to be priced at grid parity Thailand is expected to increase the share of electricity generated by coal to diversify its […]
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Solar Projects Increase in the Mekong River Area Solar and wind power projects are increasing in the area around the Mekong River in Southeast Asia. One energy expert said that the developments call into question the financial viability of major hydo-electric dams in the area. Brian Eyler is Director of the Stimson Center’s Southeast Asia […]
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Kingsmen on the lookout in region KINGSMEN CMTI Plc, a Thai-based provider of “one-stop services” in design and construction for retail and corporate interiors and exhibitions for the events industry, will open an office in Phnom Penh as it deepens a push into neighbouring countries this year. Pravit Sribanditmongkol, managing director of Kingsmen CMTI Plc, […]
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PACE secures 14 billion Baht “MahaNakhon” deal with “King Power” Allowing financial restructuring and business expansion 14 billion Baht transaction covers selling some of MahaNakhon assets to King Power Deal meets target in relation to previous REIT plan as financial restructuring takes off, reducing debts to an appropriate level Speed up construction of 4 on-going […]
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Thailand’s Gulf Energy plans 48MW Vietnam solar project with TTC Thai power firm Gulf Energy Development plans to build a 48MW solar project in Vietnam in partnership with conglomerate Thanh Thanh Cong Group (TTC Group), according to a filing on the Stock Exchange of Thailand. The US$66 million solar farm in Trang Bang district, […]
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Quang Ninh licences Thai-invested $1.6 billion project Amata VN Public Company Limited, a subsidiary of Thailand-based Amata Corporation PCL, has been licenced to develop the first phase of a 1.6 billion-USD industrial and urban project in the northeastern province of Quang Ninh. Quang Ninh licences Thai-invested $1.6 billion project, vietnam economy, business news, vn news, […]
Continue ReadingIHG To Open Yao Yai Resort In Thailand In 2020 The 170-room resort will offer visitors a taste of luxury in a breathtaking environment. Phang Nga Bay is a pristine area located between the Thailand mainland and Phuket Island. Beautiful in many ways, this island area offers fabulous views of limestone cliffs, small uninhabited islands […]
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Thailand gives green light to $7.2bn high-speed rail PPP for Eastern Corridor The government of Thailand has held an information evening for firms interested in bidding for work on the country’s second high-speed rail scheme, which will be procured as a 50-year public–private partnership. The $7.2bn, 220km link would join three airports outside Bangkok with […]
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Siemens Gamesa to install 39-MW wind farm in Vietnam Wind turbine maker Siemens Gamesa Renewable Energy SA (BME:SGRE) said today it has received an order for a 39-MW wind farm in Vietnam, located in the country’s southern province of Ninh Thuan. The company will install and commission the Dam Nai project, which will consist of […]
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