A new water park, the Vana Nava Hua Hin, gets flowing in time for tourism season Get ready to take the plunge as Asia’s first water jungle, the Vana Nava Hua Hin, turns on the tap next week. Home to 19 water rides, the amusement park is aiming to become one of the leading attractions […]
Continue ReadingThe Transport Ministry has revived plans to build Bangkok’s east-west expressway, shelved for years due to opposition from Kasetsart University over a section running adjacent to the campus. The graphic of the earlier opposed expressway project on Ngam Wong Wan Road was presented to Kasetsart University on the road in 2012. (Photo by Surapol Promsaka […]
Continue ReadingMitsui & Co., Ltd. (“Mitsui”, Head Office: Tokyo; President and CEO: Masami Iijima) has signed agreements with Gulf Energy Development Company Limited (“GED”) to promote twelve gas fired cogeneration power projects (the “Projects”) in Thailand. Mitsui, through a special purpose company it newly established as an investment vehicle, will acquire 30% of the shares of […]
Continue ReadingCIMB Thai Bank is facilitating lending to Thai companies in renewable energy as it believes the prospects for the sector are bright in line with growing demand for electricity generation when the Asean Economic Community (AEC) is fully realised next year. The bank has been giving great importance to renewable energy and Thailand has potential […]
Continue ReadingVietnamese lawmakers have approved a law allowing broad foreign ownership of property, as the government seeks to boost an ailing real-estate market and accelerate economic growth. Foreigners with a valid visa as well as foreign companies and international organizations operating in Vietnam now will be permitted to purchase houses and apartments, according to the National […]
Continue ReadingThailand fully supported the construction of a new bridge to link the country with central Laos, Prime Minister Prayut Chan-o-cha said on Thursday. Prime Minister Prayut Chan-o-cha (left) talks with his Vietnamese counterpart Nguyen Tan Dung as they walk toward Mr Dung’s Cabinet Office in Hanoi on Thursday. Gen Prayut was in Hanoi after visiting […]
Continue ReadingWhy should Thailand be the one to act on the controversial Xayaburi hydropower dam on the Mekong River? Although the project is located in Laos, responsibility for this disaster-in-progress rests squarely with Thailand — and only Thailand can halt construction, by suspending the power purchase agreement (PPA) for the Xayaburi dam by our energy giant […]
Continue ReadingThe Electricity Generating Authority of Thailand (Egat) has announced expenditures of nearly 300 billion baht over the next six years. Governor Soonchai Kumnoonsate said under the 2015-20 business plan, that amount would be used mainly for upgrading high-voltage transmission lines nationwide and building new coal-fired power plants to secure the electricity supply. Beginning in the […]
Continue ReadingThe Cabinet yesterday approved a draft memorandum of under-standing (MoU) with the Chinese government to construct double-track railroads between major logistics centres in Thailand. “The MoU and the destinations [as proposed by the Transport Ministry] have been approved by the Cabinet and the project will now be up for deliberation by the NLA. But the […]
Continue ReadingThe Department of Pollution Control will ask NVPSKG to reduce the 9.1 billion baht in compensation ordered by the Supreme Administrative Court (SAC) for the Klong Dan waste-water project. Wichien Jungrungruang, the department chief, said he will discuss with the NVPSKG consortium to try and reduce the department’s penalty. He said almost half of the […]
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