Prime Minister Prayut Chan-o-cha said at the Transport Ministry’s Asean Meeting in Bangkok yesterday that Thailand is continuing its effort towards a network of logistic linkages between all nations in the Asean region. He added that the country is collaborating with Asean nations to develop air, land, and sea routes to boost regional economic growth […]
Read MoreFour licensed cement factories in the Kingdom produced 3.6 million tonnes of the product in the first nine months of the year. Another two will activate their production lines before December, says the Ministry of Industry and Handicraft. The ministry said total production from the four factories was 3,671,416 tonnes. They were Kampot Cement with […]
Read MoreThe development of the Cirata floating photovoltaic (PV) power station in West Java has been postponed until next year, as the stakeholders are still evaluating the legality of the project. Once completed, the 200-megawatt (MW) solar park would become the largest of its kind in the world. The development project’s main stakeholders are PT Pembangkitan Jawa Bali (PJB), a subsidiary […]
Read MorePETALING JAYA: Rating agencies have raised their concerns over the elevated levels of Malaysia’s debt given its ratings but do acknowledge that efforts to be more transparent is a credit positive on the country’s profile. Moody’s said government debt would probably edge up to around 51% of gross domestic product (GDP) over the next two […]
Read MoreKasikornbank (KBank) has splashed US$50 million (1.65 billion baht) for an investment in Grab, Southeast Asia’s leading online- to-offline (O2O) platform, to expand its new customer base to taxi drivers. Beacon Venture Capital, an arm of KBank, has bought 0.45% of Singapore-based Grab Holdings in the company’s latest recapitalisation worth copy1 billion, said KBank president Patchara Samalapa. […]
Read MoreThe Energy Regulatory Commission (ERC) will increase the monthly electric rate for January-April 2019 to 3.64 baht per kilowatt-hour, up 1.2% from 3.60 baht in the September-December period. Power bills have been stable over the previous four periods from September 2017 to December 2018, making it the first rise in 16 months, said ERC secretary-general […]
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