World Bank debars Spanish engineering group for corruption in major Vietnam schemes

World Bank debars Spanish engineering group for corruption in major Vietnam schemes The World Bank Group has announced the 3.5-year debarment of Spain-headquarters engineering firm Grupo Mecánica del Vuelo Sistemas, S.A.U., in connection with collusive, corrupt and fraudulent practices relating to two major projects in Vietnam: the Danang Sustainable City Development project and the Hanoi […]

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Kessara Thanyalakpark, the woman behind Sena Development’s solar residential properties

Kessara Thanyalakpark, the woman behind Sena Development’s solar residential properties Since she joined property developer Sena Development Plc 17 years ago, 2020 turned out to be one of the most memorable years for Kessara Thanyalakpark. Despite the Covid-19 pandemic, her company still managed to achieve record revenue, record pre-sales and a high net profit. She […]

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Tenaga enters Vietnam’s solar market

Tenaga enters Vietnam’s solar market Kuala Lumpur-listed Tenaga Nasional Bhd (TNB) is expanding its international renewable energy (RE) footprint into Southeast Asia with its foray into Vietnam by buying a stake in a 21.6MW project. In a statement to Bursa Malaysia on March 4, it said TNB Renewables Sdn Bhd will acquire a 39 per […]

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Samsung Engineering succeeds in installing large modules in Vietnam’s “Longson Petrochemical Project”

Samsung Engineering succeeds in installing large modules in Vietnam’s “Longson Petrochemical Project” Samsung Engineering made an announcement on March 4 that it has successfully installed a polypropylene unit module of the “Longson Petrochemical Project” in Vietnam. This module is a large structure that weighs 1,382 tons and measures 54 meters high. Samsung Engineering explained that […]

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Thailand’s Electricity Generating (Egco) allots B150bn on expansion through 2025

Thailand’s Electricity Generating (Egco) allots B150bn on expansion through 2025 Electricity Generating Plc (Egco), a subsidiary of state-run Electricity Generating Authority of Thailand (Egat), plans to spend 150 billion baht to expand its businesses through 2025 and seek new opportunities in infrastructure projects, which are seen as an economic booster for Thailand. In the power […]

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