TCC Group, owned by liquor tycoon Charoen Sirivadhanabhakdi, is committed to continued investment in commercial properties such as hotels and retail outlets as confidence rises in Thailand’s political situation. “The group has consecutively invested as the overall situation in the country has gradually improved,” Mr Charoen said yesterday during the official reopening of Pantip Plaza […]
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Thailand’s listed real estate developer Principal Capital Pcl is to acquire V Brilliant Group Holding (VB Group) and its subsidiaries from the major shareholder Satita Viddhayakorn, and Peak Development Holdings for 5.79 billion baht ($165.5 million), the company announced. Chayaporn Luannapavan, corporate secretary, said it will issue 1.68 billion new ordinary shares to Satita at […]
Continue ReadingJapan has agreed to use the Shinkansen bullet train as the model for a high-speed rail network in Thailand, according to Transport Minister Arkom Termpittayapaisith. Mr Arkom spoke after meeting his Japanese counterpart, Minister of Land, Infrastructure, Transport and Tourism Keiichi Ishii, at the Ministry of Transport on Ratchadamnoen Nok Avenue on Friday. The pair […]
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Nestled in a deep pocket of forest that lies off Thailand’s electrical grid, villagers in Pa Deng have become early adopters and evangelists for an unusual alternative energy source: poop. After successfully lighting up their homes with solar panels and stoves fueled by cow dung, the villagers are now clean energy crusaders in a gas-guzzling […]
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Clamour for open and transparent development plans are getting louder. Thailand’s power market and institutional structure aligns well with its strong commitment to electricity security. Thus states the International Energy Agency in its “Thailand Electricity Security Assessment 2016.” There, it goes on to state that power sector development plans are best developed in an open, […]
Continue ReadingThailand’s second-largest oil retailer, Bangchak Petroleum Pcl, plans to list shares of its renewable power unit BCPG on the Stock Exchange of Thailand during September and October, a top executive said on Tuesday. Bangchak will offer up to 600 million new shares, or a stake of 30 percent, to the public, and the stock market […]
Continue ReadingWork on a railway line that would link the Gulf of Thailand and the Andaman Sea has hit a hurdle after opposition by residents in southern Thailand. The National Environment Board on Monday rejected a proposal on the project after locals complained it had been drawn up without their involvement, as required under the law. […]
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Vietnamese realty group Hoang Anh Gia Lai on Sunday put into operation a five-star hotel in Yangon, Myanmar. The hotel is housed in the group’s Myanmar Center, located some eight kilometers from downtown Yangon, on Kaba Aye Pagoda Road in Bahan Township. Hoang Anh Gia Lai (HAGL) Group is one of the leading real estate […]
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The case for renewable energy grows stronger as technology improves and costs fall, to the point where even conventional energy companies can’t ignore the opportunity for profit. While traditional energy sources still represent about 76% of global electricity production, the world today is seeing a major shift toward cleaner and more cost-competitive renewables, thanks to […]
Continue ReadingOne of the country’s fastest growing hospitality chains Kasemkij Group has a pipeline of nine (9) new properties set to come on stream over the next four years. According to The Nation the properties will be operated under the company’s in-house brands Cape, Kantary and Kameo Collection. Highlighting the pipeline are Koh Samui, Pattaya and […]
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