Deep Seaport Construction in Cambodia’s Koh Kong Province Confirmed A deep seaport has been planned to be constructed in Koh Kong province, one of the country’s four coastal provinces, to facilitate the transportation of goods, mainly from the province to markets. The construction plan of the deep seaport has been planned for years, said H.E. […]
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Myanmar’s Electric Power Generation Enterprise extends Magwe gas-to-power plant tender deadline Myanmar’s Ministry of Electricity and Energy has extended the deadline of a gas-to-power plant tender to next week. On April 28, the ministry’s Electric Power Generation Enterprise (EPGE) announced a tender for a 12 megawatt gas-powered plant in Magwe on a build-operate-own basis. The […]
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How engineering can adapt to the ‘new normal’, opinion of Worsak Kanok-Nukulchai, PhD, Fellow of the Royal Society of Thailand The coronavirus started as a health pandemic, but the massive outbreak will create long-lasting changes that will alter the way we live and work. Like other industries, engineering and construction sector has also been seriously […]
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Thailand’s construction sector predicted to shrink 3.6% in 2020 Covid-19 will cause Thailand’s construction sector to shrink by 3.6% in 2020, the country’s first contraction since 2017, risk and research company Fitch Solutions has predicted. Thailand’s lockdown began on 26 March. It has twice been extended and is tentatively scheduled to end by 1 July. […]
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Continued demand and the new normal in the Thai residential market – CBRE CBRE Managing Director Aliwassa Pathnadabutr and Director of Advisory & Transaction Services – Residential Sales Artitaya Kasemlawanshaping discuss the factors shaping the new normal in the Thai residential market as a result of the COVID-19 outbreak. The Work-From-Home policy, transportation route expansions […]
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Real estate developers bracing for residential property market slump in North Thailand Real estate developers in Thailand’s North are a bracing for a slump in the residential property market, as the number of home buyers is dwindling and banks are imposing stricter rules on home buyers and reportedly denying mortgages. The president of the Chiang […]
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Global Power Synergy readies to become the sixth Thai company to apply for a licence to import liquefied natural gas (LNG) Global Power Synergy Plc (GPSC), the power generation arm of PTT Plc, is planning to become the sixth Thai company to apply for a licence to import liquefied natural gas (LNG), currently trading at […]
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New Normal for Thailand’s property developers as marketing moves online “The coronavirus pandemic comes at a moment where the Thai real estate market has seen an over-supply coupled with reduced demand since 2019 due to appreciation of the baht and overall economic sentiment.” Restrictions on movement, a lack of foreigners visiting and inspecting properties, and […]
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Migrant worker exodus during the Covid-19 pandemic prompts fears of labour shortages in Thailand The director-general of Thailand’s labour department has met with Myanmar’s Ambassador Myo Myint Than to discuss how Thailand can manage the country’s migrant workers during the Covid-19 pandemic. The government wants Burmese migrant workers to stay in Thailand rather than return […]
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Vietnam’s Hà Tĩnh province approves $695 million Kỳ Anh MK wind power plant project The People’s Committee of the central province of Hà Tĩnh has approved a wind power project with a total investment of VNĐ16.2 trillion (US$695.3 million). The project is studied, invested and built by the Mk Central Solar Power JSC in Kỳ […]
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