Thailand’s Condotel sector to see healthy growth 25 October 2019 Condotels have emerged as a popular property development format in major tourist destinations such as Pattaya, Phuket and Bangkok. Chakkrit Chakrabandhu Na Ayudhya, executive vice-president for investment sales at JLL’s Hotels and Hospitality Group, said although condotels are not new to Thailand and can be […]
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TechnipFMC awarded major contract for a pipeline in Vietnam 25 October 2019 PetroVietnam Gas has awarded TechnipFMC an engineering, procurement and construction contract for a pipeline in Vietnam. The scope of the contract includes engineering and installing 118 km of rigid pipeline across Nam Con Son basin and Cuu Long basin as part of the […]
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Thai PTT to open first petrol filling station site in Myanmar in 2020 Having set up around 300 PTT stations in Cambodia, Laos and the Philippines, PTT is focusing now on Myanmar’s market. 23 October 2019 PTT Oil and Retail Business, the retail arm of Thai energy giant PTT Group, intends to form a joint […]
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Another Thai hotel management dispute flares up – The Peninsula Bangkok Hotel The Thaiger 23 October 2019 The Hongkong and Shanghai Hotels, which operates luxury brand The Peninsula Hotels, says it will “vigorously defend its rights” to manage The Peninsula Bangkok, following a legal win by the hotel’s Thai shareholder that paves the way for […]
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Bukaka wins contract to build jet bridges, walkways for Bangkok’s Don Mueang airport 22 October 2019 PT Bukaka Teknik Utama, part of the Kalla Group, has won a Rp 100 billion (US$7.5 million) contract to build 33 jet bridges and three moving walkways for Don Mueang International Airport in Bangkok. The contract was signed by […]
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Thai village without electricity for 60 years receives power from solar energy A community in Prachuap Khiri Khan, bereft of access to the grid, used solar panels to electrify villages 23 October 2019 As recently as six years ago, the 400 households in Ban Wang Won Chonprathan in Prachuap Khiri Khan province, went dark at […]
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Tesco Lotus & Cleantech Solar enter into a Power Purchase Agreement (PPA) for 19 stores in Thailand 21 October 2019 Tesco Lotus has entered into a Power Purchase Agreement (PPA) with Cleantech Solar, a leading provider of renewable energy to corporations in Asia, covering 19 Tesco Lotus stores across Thailand as part of the Tesco […]
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Indonesian firm to build railway linking Laos’ Thakhaek with Vietnam’s Vung Ang seaport The Indonesia Railway Development Consortium (IRDC) is planning to build a railroad at a cost of 28 trillion Rp (1.98 billion USD) connecting Laos with Vietnam. 22 October 2019 The Indonesia Railway Development Consortium (IRDC) is planning to build a railroad at […]
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B.Grimm Power confident 2019 revenue will grow by 15-20% 19 October 2019 SET-listed B.Grimm Power is confident 2019 revenue will grow by 15-20% after commencing operations at two solar farms totalling 677 megawatts in Vietnam. Nopadej Karnasuta, the chief financial officer, said the two units of Dau Tieng 1 and Dau Tieng 2 have combined […]
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Singapore’s DBS Bank urged not to fund Vietnam’s Vung Ang 2 coal plant 18 October 2019 A future coal-fired power station in central Vietnam may soon be funded by Singapore’s DBS Bank, according to environmental groups familiar with the matter. This is despite DBS announcing in April that it will stop financing new coal-fired power […]
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