Thailand’s housing sector faces contraction risk as covid-19 cases rise The expanded lockdown measures and 30-day closure of construction sites and worker camps since early this month will plunge the housing market into a severe contraction, according to property experts. Vichai Viratkapan, acting director-general of the Real Estate Information Center (REIC), said there is a […]
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Gunkul and Origin Property form joint venture to install rooftop solar panels Gunkul Engineering, a renewable energy developer and constructor, and Origin Property — both SET-listed companies — are forming a joint venture to install rooftop solar panels and directly sell electricity at inexpensive rates to households in residential areas. The new business aims to […]
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Taiwan firm faces huge claims for damages after factory explosion in Samut Prakarn, Thailand Following an explosion at its factory in Thailand last week, Taiwanese company Ming Dih Group Corp. faces claims for damages of more than 423 million Thai baht (US$12.91 million) from over 1,000 locals impacted by the blast, according to Thai newspaper […]
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Queen Mary researchers win grant to establish the first onshore wave energy converters to power Thailand’s remote islands Researchers at Queen Mary University of London have been awarded around £300,000 from Innovate UK to develop the first microgrids powered by onshore wave energy converters (WECs). The new project “Sea Wave Energy Powered Microgrid for Remote […]
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The Threat of a Dam Disaster in Luang Prabang The dam near Luang Prabang – both a World Heritage site and an seismically active zone – is “an irresponsible gamble,” experts argue. Building a huge dam just upstream from a legendary UNESCO World Heritage site in an earthquake prone region poses serious risk to the […]
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Thailand’s richest man plans to invest at least 100 billion baht ($3.1 billion) over the next five years The property and hotel development unit of Thailand’s richest man plans to invest at least 100 billion baht ($3.1 billion) over the next five years to develop new shopping malls, hotels and office buildings, betting on pent-up […]
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Bangkok’s MRTA Red Line rail link trial starts 02 August 2021 Transport Minister Saksayam Chidchob said the test will try out connections with other transport links. A ministry committee hopes to reduce the number of traditional trains running to Hua Lamphong station from 118 trains to 22, with the new centre of the country’s rail […]
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Thai power firm Global Power Synergy invests $500 million for 25% of Taiwan wind farm Thai energy company, Global Power Synergy Pcl (GPSC), on Thursday said it had acquired a 25% stake in a Taiwanese offshore wind farm for $500 million. The deal comes a day after it announced a $453 million investment in a […]
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Grundfos partners with Barghest Building Performance to meet Southeast Asia’s sustainable cooling needs Grundfos, a global leader in advanced pump solutions and water technology, and Barghest Building Performance (BBP), a Singapore-based energy efficiency technology provider, have signed a memorandum of understanding to deliver and scale an innovative energy-efficient digital solution across Southeast Asia. The solution […]
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New Phra Nang Klao Pier in Nonthaburi opens to serve Greater Bangkok’s MRT customers Phra Nang Klao Pier is now open and facilitating commuters on the MRT Chalong Ratchadham line and MRT Purple Line in Nonthaburi. The pier will be serviced by Chao Phraya Express Boat and Energy Absolute which operates the Mine Smart Ferry, an […]
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