Myanmar has approved a $2.6-billion investment by Longwin Global Petrochemical Co Ltd, a joint venture company, to set up a five million MT oil refinery along with related logistics facilities in Tanintharyi region, located in the southern part of the country, website dealsteetasia reported on 24 April. The project includes construction of the refinery, sales […]
Continue ReadingThe Electricity Generating Authority of Thailand (Egat) is ready to issue a second infrastructure fund and list it on the Stock Exchange of Thailand if it receives the green light from the government, according to a top official. Under a tentative plan, the fund would be worth 20 billion baht based on the assets of […]
Continue Reading
The Energy Regulatory Commission announced on Monday that 167 cooperatives were placed into Thursday’s drawing with a total solar energy output of 835MW. The drawing, which was held today, resulted in 67 farm cooperatives winning the right to sell upwards of 281MW of solar power back to the nation’s energy grid. Official drawing results will […]
Continue Reading
DOHOME HAS launched a new online shopping site, www.dohome.co.th, with an investment of Bt200 million. It will serve the construction-materials needs in Thailand 24 hours a day, the company |says. It says it wants to expand its domestic market with 200,000 products on offer, and will deliver products to its customers in three to seven […]
Continue Reading
Solid economic growth and strong foreign investor demand are helping to drive Cambodia’s condo boom, but some worry it could lead to a glut Cambodia’s real estate market is heating up, especially in its capital Phnom Penh, with foreign developers from China, Singapore, Taiwan and Korea looking to expand their footprint in the fast-growing city. […]
Continue ReadingChula Sukmanop, director general of the Department of Airports and director of the Civil Aviation Authority of Thailand, said businesspersons and government officials in four provinces, namely Beung Kan, Mukdahan, Pang Nga and Kanchanaburi, have suggested that an airport be built in their respective provinces. The Department of Airports will conduct a feasibility study on […]
Continue Reading
Danish utility Dong Energy said on Wednesday it plans to test a mobile version of its REnescience waste-to-biogas technology in Malaysia and other Asian countries. Under a newly-signed agreement, the company is first shipping a mobile REnescience plant to Malaysia to test whether there is an export market for it there. The tests will be […]
Continue Reading
Vestas Wind Systems A/S (CPH:VWS) will test the technical feasibility of a multi-rotor turbine in partnership with the Technical University of Denmark, the wind turbine maker said today. A multi-rotor concept demonstrator comprising four refurbished V29-225 kW nacelles mounted on a support structure is being installed at the Risoe test site near Roskilde, Denmark. It […]
Continue Reading
Thailand will remain a notable solar outperformer in Southeast Asia over the next 10 years, BMI Research has projected. The country’s solar capacity will total 3.7 gigawatts by 2025, largely because of the government’s support programme, as Chinese solar companies look for opportunities in Thailand, said BMI. However, the lack of additional procurement plans from […]
Continue Reading
A memorandum of cooperation in the field of nuclear energy for peaceful purposes has been signed by Russian state nuclear corporation Rosatom and the ministry of energy and mines of Laos. The memorandum was signed in Moscow yesterday by Rosatom deputy director general Kirill Komarov and Laos’ deputy energy minister Sinava Souphanouvong. The signing was […]
Continue Reading