Mitr Phol invests B3.7bn in new renewable projects

Mitr Phol, Asia’s largest sugar producer, will invest 3.7 billion baht in its new renewable energy projects in Thailand and expand the group’s power business to neighbouring countries, starting with a biomass plant China. The group has also targeted development of other types of power plants including solar and co-generation, said Suwat Kamolpanus, managing director […]

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Gas-supply stoppages could mean higher power price

Electricity costs could rise this year because of temporary stoppages in natural-gas supply from the Gulf of Thailand and Burma, which will force the Electricity Generating Authority of Thailand to resort to the more expensive alternative of bunker oil. Egat estimates it will need 216 million litres of bunker oil this year to replace natural […]

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Third Thai-Lao bridge set for November opening

Third Thai-Lao bridge set for November opening The third Thai-Lao bridge spanning the Mekong River was scheduled to open in November, offering a new transport link between Thailand and Vietnam, media reports said Tuesday. Construction on the 780-metre bridge between Nakhon Phanom province of Thailand and Khammuane province of Laos is 73-per-cent complete and would […]

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CSR denies merger with China CNR

CSR Corporation denied rumors of its merger with China CNR Corporation , reports dfdaily.com, citing a filing by CSR Corporation. According to Financial Times, the merger may lead to the creation of a monopoly controlling 90 percent of the domestic rail road equipment manufacturing market with sales revenue exceeding those of Bombardier, Alstom, and Siemens. […]

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Ratchaburi commits B17.8bn to new capacity

Ratchaburi commits B17.8bn to new capacity Thailand’s largest private power producer, Ratchaburi Electricity Generating Holding Plc (RATCH), is moving ahead with 17.8 billion baht in investments this year to expand power capacity. Of the total, 16.5 billion baht will be used to build three cogeneration power plants under the small power producer (SPP) programme. The […]

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Airport Just Latest Chinese Foray into Burma's Transport Sector

A Chinese company will invest US $100 million toward the construction of an airport near Naypyidaw, the new capital built by Burma’s ruling junta in 2004, in the latest move by China to expand its involvement in the Southeast Asian country’s transport sector. The company, China Communications Construction (CCC), signed a deal to work on […]

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Airport Just Latest Chinese Foray into Burma’s Transport Sector

A Chinese company will invest US $100 million toward the construction of an airport near Naypyidaw, the new capital built by Burma’s ruling junta in 2004, in the latest move by China to expand its involvement in the Southeast Asian country’s transport sector. The company, China Communications Construction (CCC), signed a deal to work on […]

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The Yamu Phuket backed by Ong Beng Seng in Singapore

The Yamu, a luxury villa and hotel resort in Phuket, Thailand has secured financial backing from Singaporean investment group Hotel Properties Limited and the Thai KS Group in Thailand. Luxury villa and hotel resort, The Yamu, has secured financial backing from Singaporean investment group Hotel Properties Limited (HPL) and from the Thai KS Group in […]

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High-speed rail has potential to benefit both Thailand and China

THE NATION The Sino-Thai bullet-train project should advance the interests of both countries, observers say. A Transport Ministry source notes that the attempt of Thailand to make the project happen soon could bring unwelcome consequences to the country. No evaluation has been conducted yet on all the economic impacts of the project on the country. […]

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