Major Development treads gently with condo launches SET-listed Major Development will continue its conservative strategy, launching only one big and one small project this year because of myriad uncertainties. Managing director Suriya Poolvoralak said launching many projects amid an economic slowdown while the market is volatile and sensitive is risky as long as a vast […]
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Pattaya’s transport is in a mess and 80% of residents agree with monorail scheme set to start in 2024 A public hearing in Pattaya was told that 80% of residents agree with plans to build a monorail to alleviate the resort’s dire traffic and transport problems. The monorail would meet the proposed High Speed train […]
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Thailand to cut down power generation reserve from 40% to 15% The State-run Electricity Generating Authority of Thailand (Egat) is planning to reduce the power generation capacity reserve to 15 percent from 40 percent of total capacity, in a move to curb high power costs. Decommissioning some power plants early, selling electricity to neighbouring countries […]
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Canal-electric train link planned to ease Bangkok’s rush-hour traffic woes The Nation In a move to ease rush-hour traffic, the Transport Ministry is working on seamlessly connecting the Saen Saeb Canal piers to the electric train network. Deputy Transport Minister Athirat Rattanaseth said recently that four of Saen Saeb Canal’s 25 are already linked to […]
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Myanmar firms to develop new commercial port in Ayeyarwady Ever Flow River Public Co (EFR), which is listed on the Yangon Stock Exchange, and Ayeyar Hinthar Holdings (AHH) will cooperate to develop the Ayeyarwaddy International Industry Port (AIIP), EFR announced on August 12. EFR subsidiary Unison Choice Services will cooperate with AHH to establish A […]
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Bangkok to Map-Ta-Phut motorway to officially open 24 August 2020 Thailand’s premier Prayuth Chan-Ocha will officially open the Bangkok to Map Ta Phut motorway on August 24th. The road (Route 7) features the recently opened 32 km extension from Pattaya to Maptaphut that has been free to use since May 22nd 2020. The extension is […]
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More than 12,300 units in Vietnam’s major cities bought by foreigners in the five years since foreign property ownership permitted More than 12,300 units in Vietnam’s major cities were bought by foreign buyers in the five years since the Vietnamese government authorised foreign property ownership. According to the first-ever figures released by the Ho Chi […]
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Thailand to build US$3.2-billion 240km canal from Chai Nat province to the Gulf of Thailand to prevent flooding The Thai government is planning to spend 100 billion baht (over 3.2 billion USD) to develop a 240km canal running from Chai Nat province to the Gulf of Thailand to prevent flooding in the country’s central region. […]
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Construction of Vietnam-Thailand wind power plant underway in Duyen Hai, Tra Vinh province Construction of the V1-2 wind power plant – a joint venture between the Truong Thanh Vietnam Group and the Thai-based Sermsang Power Corporation Public Company Limited – kicked off in the Mekong Delta province of Tra Vinh on August 14. Covering about […]
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Ratch Group set to to expand power generation capacity to 10,000 megawatts Ratch Group, Thailand’s largest private power generation firm by capacity, believes it will reach its goal to expand power generation capacity to 10,000 megawatts ahead of schedule at year-end 2023 through new development and asset acquisitions. Total capacity reached 8,178MW in July, with […]
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