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Vietnam cuts renewable power subsidies

Vietnam cuts renewable power subsidies Retroactive cuts for some solar and wind projects alarm investors and raise default risk Vietnam’s state power utility has cut the previously agreed subsidised prices it pays for electricity from some solar and wind farms, which now risk defaulting on their debts with banks, according to an investors’ petition seen […]

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‘Little Moscow’ boom: Russians fuel Phuket property frenzy

‘Little Moscow’ boom: Russians fuel Phuket property frenzy Developer notes more than 70% of properties are bought by foreign buyers ‘Little Moscow’ boom: Russians fuel Phuket property frenzy Pictures courtesy of ฐานเศรษฐกิจ Phuket’s luxury property scene is getting a flashy new address—“Little Moscow.” Tucked in the serene north of the island, Nai Thon Beach is […]

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Thailand Transport Minister Suriya says 25km elevated Motorway M82 motorway 82% done

Thailand Transport Minister Suriya says 25km elevated Motorway M82 motorway 82% done Motorway from Rama III – Dao Khanong – Western Outer Ring Expressway in Bangkok and ending at Samut Sakhon’s Ban Phaeo district Minister of Transport Suriya Jungrungreangkit led an inspection of the construction of elevated Motorway No.82 (M82) on Friday, affirming the project […]

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Dam construction proposed to block arsenic pollution in Northern Thailand’s Kok River

Dam construction proposed to block arsenic pollution in Northern Thailand’s Kok River Deputy Prime Minister Phumtham Wechayachai has proposed the idea of constructing a dam across the Kok River, to block toxic contaminants, such as heavy metals discharged from unregulated Chinese-run mining operations in Shan state of Myanmar, from flowing downstream into Thai territory. The […]

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Thai Labour Minister Pushes to Expand Thai Construction-Sector Jobs in South Korea

Thai Labour Minister Pushes to Expand Thai Construction-Sector Jobs in South Korea Prepares MOU with South Korea’s Specialty Contractors Association to Open Pathways for Skilled Trades and Site Managers The Ministry of Labour, under the leadership of Mr. Phiphat Ratchakitprakarn, Minister of Labour, has taken another step toward opening the South Korean construction market to […]

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Vietnam Considers VinSpeed’s $61 Billion High-Speed Railway Proposal

Vietnam Considers VinSpeed’s $61 Billion High-Speed Railway Proposal Vietnam’s government is evaluating a substantial proposal from VinSpeed to invest in a $61 billion North-South high-speed railway. If realized, this project could significantly alter the country’s transport infrastructure. Deputy Prime Minister Tran Hong Ha has urged relevant ministries to submit their written feedback by May 19. […]

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Thai Oil Appoints Wood PLC as new Procurement & Construction Management (EPCM) firm for $5 Billion Clean Fuel Project in Thailand’s Laem Chabang

Thai Oil Appoints Wood PLC as new Procurement & Construction Management (EPCM) firm for $5 Billion Clean Fuel Project in Thailand’s Laem Chabang Wood PLC responsible for overseeing and managing the entire project, including recruitment of new main contractor to replace the UJV group (had its contract terminated by Thai Oil) Read More: Thai Oil […]

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