Thailand has increased its purchase of electricity from 7,000 to 9,000 megawatts from Laos this year to ensure sufficient supply and meet rising demand. A power purchasing agreement was signed on Tuesday, during Prime Minister of Thailand General Prayuth chan-Ocha’s visit to the Prime Minister of Laos Thongloun Sisoulith, while attending the 28th and 29th […]
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Thai and Myanmar Officials committed to Dawei – Committee reshuffle, road rejig planned Thai officials and their Myanmar counterparts remain committed to the long-awaited Dawei megaproject, with the Myanmar-Thailand Joint High-Level Committee (JHC) and the Joint Coordinating Committee (JCC) to be set up soon to foster development. Porametee Vimolsiri, secretary-general to the National Economic and […]
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Chinese firm Sinohydro Corp Ltd said Thursday it has been contracted to design and build the 24-MW Lam Thakong wind power plant in Thailand’s northeastern province of Nakhon Ratchasima, also known as Khorat. The company will work on the project under a contract with state-owned enterprise Electricity Generating Authority of Thailand (EGAT). Managed by the […]
Continue ReadingA property consultant has renamed its Thai subsidiary following a global relaunch. After the re-launch of DTZ Singapore’s as Edmund Tie & Company (SEA) on 1 July, its subsidiary company — formerly known as DTZ Debenham Tie Leung (Thailand) — was re-launched as Edmund Tie & Company (Thailand). This followed the parent company’s acquisition of […]
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Thailand’s military government aims to jolt its underperforming economy into action with $40 billion of big-ticket investment projects – but so far nearly all the plans remain just that, with less than 1 percent of the amount spent. One example is a jointly-built Thai-Chinese rail line. It has gone nowhere after 13 bilateral meetings due […]
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Not every Bangkok Mass transit line is equal WRITER: James Pitchon Mass transit has changed residential condominium development patterns in Bangkok combined with the change in social patterns with young people leaving home and buying a property before they get married. Not every existing mass transit line has proved equally attractive to one-bedroom condominium buyers […]
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Appreciating land values near key projects may mean much-needed income for the Thai government Real estate developers will not be the only ones benefiting from the establishment of rapid transit lines across Bangkok in the near future. Apparently, the Thailand government’s coffers will too. Property owners who are selling or transferring assets whose value have […]
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EGAT kicks off largest wind-hydro energy project in Asia The Electricity Generating Authority of Thailand (EGAT) has geared up to establish Asia’s first wind, solar and fuel energy production facility in support of better balance in energy resources. EGAT Governor Korndis Pakchotanont has signed a second phase development plan for wind turbines with HydroChina Co. […]
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S.B.Siam has supplied 23 tower cranes from Potain’s special-application, luffing jib, topless and top-slewing ranges to Thai construction firm CH. Karnchang for the construction of Xayaburi dam in Laos. The eight-year project, which now enters its second phase, is expected to boost the power supply of Laos and Thailand by 7,400GWh a year. The 820m […]
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On Sept. 2, Japanese leasing company Orix announced plans to spend $50 million buy more than 10% of Vietnam’s Bitexco Power, together with Singapore’s United Overseas Bank. The stake purchase is to take place in mid-September. The move represents Orix’s first foray into the hydropower sector as the company looks to help meet growing demand […]
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