Electric consumption in Myanmar is projected to rise by 15 per cent annually, meaning the country will need another 4,530 megawatts of electricity by the 2020-2021 fiscal year, said Minister for Electrical Power Khin Maung Soe. Myanmar has a total of 5,235 megawatts of electricity from hydropower plants, gas-fired power plants, diesel-fired power plants and […]
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The vast 279-rai plot owned by the State Railway of Thailand (SRT) and located behind PTT’s head office in Chatuchak district is expected to emerge as a promising location for mixed-use development. However, developers and investors said the leasehold period, traffic and mass-transit systems to support a large number of people working or living in […]
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On 18 February 2016 Ikano and Central Pattana representatives broke ground at the site for Thailand’s second IKEA second store in West Bangkok. The site is in Bangyai, to be fully integrated into Central Plaza Westgate shopping centre with wide open entrances at all levels of the mall and direct link to the upcoming MRT […]
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The British Embassy Bangkok and Thailand’s State Enterprise Policy Office (SEPO) are working together to promote the Construction Sector Transparency (CoST) Initiative. CoST is an international initiative aimed at making the processes involved in the construction of public infrastructure more transparent. The idea is that the public must be armed with the information needed to […]
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Thai solar power company SPCG Pcl (MAI:SPCG) saw its 2015 net profit jump to THB 2.47 billion (USD 69m/EUR 62m), up by 30% year-on-year. SPCG currently operates 36 solar farms in Thailand, totaling 260 MW of capacity. Not all of them were fully operational in 2014 so electricity sales were lower and, in turn, profitability […]
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Taiwanese firm Neo Solar Power Corp (TPE:3576), or NSP, is looking for a sector player in Vietnam interested in setting up a joint venture (JV) for between 600 MWp and 800 MWp of PV panel production capacity there, DigiTimes said Wednesday. So far, Vina Solar has emerged as the best partner for the job, unnamed […]
Continue ReadingThe office market and upmarket residential developments will continue to be good investments this year due to limited supply and strong demand amid the sluggish economy and rising asset prices, according to property consultant CBRE (Thailand). Aliwassa Pathnadabutr, CBRE’s managing director, said despite the overall sluggishness of the Thai economy, property prices would keep rising, […]
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Savills has expanded in Thailand by appointing a new associate and claims the alliance is the first of its kind between two leading real estate advisors in Thailand. The connection with Bangkok-based Nexus Property Consultants Co. Ltd. increases Savills’ presence in South East Asia to 59 operations across 17 countries in the region and boosts […]
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Bhutan is developing wind and solar to reduce its reliance on hydropower and reduce electricity imports every winter In a small traditional ceremony, the Prime Minister of Bhutan, Tshering Tobgay inaugurated the country’s first wind turbines in Rubesa gewog – a group of villages in the western district of Wangduephodrang. Although the installation involved only […]
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The progress of work on the new parliament building is only 18% complete and contractors will again miss their year-end deadline, which comes after a one-year extension granted earlier. The extended construction period of 387 days, given to Sino-Thai Engineering & Construction Plc late last year, appears to have helped little, according to National Legislative […]
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