Thai Developer Supalai keeps baht28bn revenue target, planning 22 new launches during second half 2021 SET-listed developer Supalai is maintaining its record revenue goal of 28 billion baht for this year despite the outbreak, planning 22 new launches worth 24.8 billion during the second half. Managing director Tritecha Tangmatitham said the performance in the first […]
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Safran Cabin Lamphun signs Agreement for 1.4 MW rooftop-based solar photovoltaic power plant with Constant Energy Safran Cabin announces the execution of the first solar corporate PPA with Constant Energy. The project is a 1.4 MW solar rooftop located at the Safran Cabin Lamphun factories in the Northern Region industrial estate, in Thailand. This is […]
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Phuket’s ‘Sandbox’ steady first month with over 14,000 foreign tourists arriving Over 14,000 foreign tourists visited Phuket under the island’s ‘sandbox project’, generating an estimated revenue of THB829 million according to the latest Tourism Authority of Thailand assessment at the weekend. From 1 to 31 July, 14,055 travellers arrived on the island, with the largest […]
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Tax Implications Applied To Foreign Contractors Carrying Out Engineering, Procurement and Construction Contract in Vietnam (EPC Contract) By ADK Vietnam Lawyers Recently, ADK Vietnam Lawyers Law Firm has advised in legal perspective for the number of construction investment projects has been performed under the form of Engineering – Procurement – Construction contract, referred to as […]
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Shortage of foreign workers in Thailand’s construction industry threatens recovery Manager reported that there was a shortage of up to half a million foreign migrant workers in the construction industry. The lack of manpower is forcing projects to slow down or stop altogether and having a knock-on effect in other investment in other industries. The […]
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NatureWorks to Build Fully Integrated Ingeo Plant in Nakhon Sawan Province, Thailand NatureWorks parent companies, Cargill and GC International, have authorized investment for new fully-integrated 165-million lb/yr facility in Thailand. NatureWorks’ global Ingeo PLA manufacturing expansion plan continues with the recent announcement that the company’s parent companies, GC International Corp., sub. of Thailand’s PTT Global […]
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Pattaya to Hua Hin ferry service officially ends The ferry between Pattaya and Hua Hin has officially stopped their service, this time seemingly permanently, due to the ongoing Covid -1 9 pandemic and lack of foreign tourists since March of last year. The ferry service between Pattaya and Hua Hin was first suspended due to […]
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Ominous signs for supply chains from new Covid lockdowns in Vietnam and China Lockdowns causing congestion at Ho Chi Minh City’s Cat Lai port and China’s Shanghai and Ningbo ports The lockdown in South Vietnam has caused a 100,000 teu pile-up at Ho Chi Minh City’s Cat Lai port. And in China, ports at Shanghai […]
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Thailand’s Department of Rail Transport resurrects plans for a high speed train to Hua Hin The Department of Rail Transport (DRT) has said it will once again look at plans to operate a high speed train to Hua Hin. Hua Hin was originally included in the Thai government’s plans to build a high speed rail […]
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Potential investors invited to bid for Rayong’s Map Ta Phut deep sea port third-phase development Terms of reference seen by year-end Potential investors are being invited to consider the third-phase development of the Map Ta Phut deep sea port in Rayong, according to the Industrial Estate Authority of Thailand (IEAT). The authority plans to announce […]
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