B.Grimm gas-fired plant starts on time Egat buying output under 25-year deal

B.Grimm gas-fired plant starts on time Egat buying output under 25-year deal Egat buying output under 25-year deal 2 October 2018 SET-listed B.Grimm Power Plc has met its commercial operation date (COD) for a new gas-fired power plant in Rayong this month, as scheduled. The latest co-generation plant has a capacity of 133 megawatts and […]

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SNC-Lavalin signs project management contract in Vietnam

SNC-Lavalin signs project management contract in Vietnam 28 September 2018 SNC-Lavalin announces that it has signed a project management contract (PMC) with Long Son Petrochemicals Company Limited (LSP), a subsidiary of the Siam Cement Public Company Limited (SCG) of Thailand. Under the agreement, SNC-Lavalin and LSP will form an integrated team of dedicated personnel to […]

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Construction launched on 39-MW solar project in Vietnam

Construction launched on 39-MW solar project in Vietnam 25 September 2018 The construction of a 39-MW solar park was initiated last week in the Vietnamese province of Binh Thuan, with commissioning scheduled for April next year. The company behind the VND-1-trillion (USD 43m/EUR 36m) project is Binh Thuan Solar Power Investment JSC. To be located […]

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Travelodge expands in Thailand with Phuket property

Travelodge expands in Thailand with Phuket property 17 September 2018 The UK-based hotel operator, Travelodge, has announced the third property of its brand in Thailand, scheduled to open for business in 2020. Making a debut in the country’s largest islands and one of its most popular destinations, Travelodge Phuket Town will provide 159 rooms featuring […]

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Mitsubishi Corporation to Establish Joint Venture for Urban Development Projects in Asia

Mitsubishi Corporation to Establish Joint Venture for Urban Development Projects in Asia Mitsubishi Corporation (MC) is pleased to announce that it has reached an agreement with Surbana Jurong (SJ) to establish a new joint venture. SJ is a wholly owned subsidiary of Temasek Holdings, a Singapore government affiliated investment company. The new joint venture will […]

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Dusit enters Luxury Villa Rental Market with Acquisition of Elite Havens

Dusit enters Luxury Villa Rental Market with Acquisition of Elite Havens 10 September 2018 The acquisition was announced on Fri 7 Sept at the Dusit Thani, Bangkok. Dusit Thani PCL (TSX:DTC), one of Thailand’s foremost hotel and property development companies, has expanded into the high-end vacation rental market through the full acquisition of Elite Havens, […]

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Hospitality firms eye Cambodian market

Hospitality firms eye Cambodian market 6 September 2018 With the local tourism industry thriving, two well-known hospitality groups are now eyeing the Cambodian market. Christian Pucher, director of development in Asia at Hilton, said they are now looking for local partners that can help them penetrate the local market. “Cambodia has a great history and […]

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Thai investors jump into renewable energy sector in Vietnam

Thai investors jump into renewable energy sector in Vietnam 30 August 2018 In addition to the retail, beer manufacturing, and plastic sector, Thai investors have increased their investment in the renewable energy sector, with the aim to diversify their operations in Vietnam. Thai investors jump into renewable energy sector in Vietnam, vietnam economy, business news, […]

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$58b for Vietnam’s North-South high speed train

$58b for Vietnam’s North-South high speed train 30 August 2018 Việt Nam’s first-ever high speed train running from Hà Nội to HCM City is projected to cost more than US$58 billion, project consultants unveiled on Tuesday. In a report on the feasibility of the colossal North-South railway project which was once rejected by the National […]

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Thai property giant Sansiri to offer its products in Vietnam

Thai property giant Sansiri to offer its products in Vietnam 24 August 2018 Thailand’s Sansiri ties up with Denzell Vietnam to bring Thai real-estate products to Vietnamese investors Thai real-estate developer Sansiri Public Company Ltd on Thursday announced an exclusive strategic partnership with Hong Kong-owned real estate agent Denzell Vietnam. Denzell opened its first Vietnamese […]

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