TCC plans more real estate investment

TCC Group, owned by liquor tycoon Charoen Sirivadhanabhakdi, is committed to continued investment in commercial properties such as hotels and retail outlets as confidence rises in Thailand’s political situation. “The group has consecutively invested as the overall situation in the country has gradually improved,” Mr Charoen said yesterday during the official reopening of Pantip Plaza […]

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Principal Capital Pcl to take over V Brilliant Group for $165.5m

Thailand’s listed real estate developer Principal Capital Pcl is to acquire V Brilliant Group Holding (VB Group) and its subsidiaries from the major shareholder Satita Viddhayakorn, and Peak Development Holdings for 5.79 billion baht ($165.5 million), the company announced. Chayaporn Luannapavan, corporate secretary, said it will issue 1.68 billion new ordinary shares to Satita at […]

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Thailand plumps for Japanese bullet train model

Japan has agreed to use the Shinkansen bullet train as the model for a high-speed rail network in Thailand, according to Transport Minister Arkom Termpittayapaisith. Mr Arkom spoke after meeting his Japanese counterpart, Minister of Land, Infrastructure, Transport and Tourism Keiichi Ishii, at the Ministry of Transport on Ratchadamnoen Nok Avenue on Friday. The pair […]

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Thailand’s power sector urged to tighten policies on energy security

Clamour for open and transparent development plans are getting louder. Thailand’s power market and institutional structure aligns well with its strong commitment to electricity security. Thus states the International Energy Agency in its “Thailand Electricity Security Assessment 2016.” There, it goes on to state that power sector development plans are best developed in an open, […]

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Thailand’s oil retailer Bangchak to list renewable power unit in September to October – 30% stake will be up for grabs.

Thailand’s second-largest oil retailer, Bangchak Petroleum Pcl, plans to list shares of its renewable power unit BCPG on the Stock Exchange of Thailand during September and October, a top executive said on Tuesday. Bangchak will offer up to 600 million new shares, or a stake of 30 percent, to the public, and the stock market […]

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The Case for Cleaner Energy

The case for renewable energy grows stronger as technology improves and costs fall, to the point where even conventional energy companies can’t ignore the opportunity for profit. While traditional energy sources still represent about 76% of global electricity production, the world today is seeing a major shift toward cleaner and more cost-competitive renewables, thanks to […]

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