Modulift and Siemens design rig for dockside lifts

Modulift and Siemens design rig for dockside lifts 19 June 2018 Below-the-hook equipment manufacturer Modulift and Siemens Heat Transfer Technology B.V. combined forces to design a special rig for lifting modules that weighed nearly 200t apiece. Modulift sent two rigs for on- and off-load in Korea and Thailand respectively—a total of 16 no. 34t capacity […]

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B.Grimm steps up overseas growth with 420-MW solar deal in Vietnam

B.Grimm steps up overseas growth with 420-MW solar deal in Vietnam 19 June 2018 Thai infrastructure developer and power generation firm B.Grimm Power Public Company (SET:BGRIM) has struck a deal with Vietnamese conglomerate Xuan Cau to build a 420-MW solar park in Vietnam. The joint cooperation agreement was signed on Friday, B.Grimm Power said in […]

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PTT expands power generation with $3bn acquisition in Glow Energy

PTT expands power generation with $3bn acquisition in Glow Energy Thai’s state-owned conglomerate to strengthen non-oil business 18 June 2018 BANGKOK — Thailand’s state-owned oil and gas conglomerate, PTT, has approved a plan to spend up to 100 billion baht ($3 billion) to acquire a 69.11% stake in Glow Energy, a listed power generating company. […]

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CBRE Thailand bullish on the kingdom’s office market

CBRE Thailand bullish on the kingdom’s office market 18 June, 2018 Thailand’s property market will keep growing as land and residential prices soar, just as office rents have risen consistently over the past three decades despite two major economic crises in 1997 and 2008, according to property consultancy CBRE Thailand. “Each cycle took 10 years, […]

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Vietnam’s renewable energy yet to get wind in its sails

Vietnam’s renewable energy yet to get wind in its sails 18 June 2018 The target of 800 and 6,000 megawatts of wind power by 2020 and 2030 looks beyond reach. Vietnam is far away from realizing its short and medium term wind power goals, with no ready solution in sight to several impediments, experts say. […]

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Asia-Pacific hotels record 12-percent growth in construction pipeline

Asia-Pacific hotels record 12-percent growth in construction pipeline 15 June 2018 The hotel industry in the Asia-Pacific region has a total construction pipeline of 1,673 projects with 349,081 guestrooms, excluding China’s projects, according to the latest data from Lodging Econometrics. The total rose 12 percent by hotel projects and 17 percent by guestrooms since 2017. […]

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Chinese engineering firm completes main construction work of Laos’ longest bridge

Chinese engineering firm completes main construction work of Laos’ longest bridge 15 June 2018 China Railway No. 2 Engineering Group (CREC-2) has completed the main construction work of the longest bridge along the China-Laos railway which is also the longest-ever bridge in Laos. Zeng Fanbing, the superintendent from the CREC-2 in charge of the construction […]

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