News
Thailand's Tasco earmarks $61.8mln for M&A deals in Vietnam, Indonesia
Tipco Asphalt Pcl, or Tasco, a major asphalt manufacturer in Thailand, plans to acquire five companies in Vietnam and Indonesia for a total of $61.8 million, news website Deal Street Asia reported this week. Keep reading ...
Thai Government to mull power offer from Laos
Thailand will consider a proposal to increase the memorandum of understanding on the purchase of electricity from Laos from 7,000 megawatts to 10,000MW after committing to buy 3,316MW this year, Energy Minister General Anantaporn Kanjanarat said on 9 December. He was speaking after a ceremony to ...
Blacklist awaits foreigners overstaying visas in Thailand
The Immigration Bureau plans to fine and blacklist foreigners who overstay their visas from March or April next year. Bureau chief Pol Lt Gen Nathathorn Prausoontorn said on 9 December that Prime Minister Prayut Chan-o-cha had approved the bureau’s proposal on Nov 27 to fine and ban ...
Thai princess visits Laos to enhance ties, mutual understanding
Her Royal Highness Princess Maha Chakri Sirindhorn of Thailand arrived in Vientiane on 8 December for a two-day official visit to Laos, aimed at enhancing bilateral ties between the two neighbours and mutual understanding between the Lao and Thai peoples. Her visit is in response to an ...
Making Southeast Asia's skies safer
Last week, the U.S. Federal Aviation Administration downgraded the safety rating for the entire Thai aviation system, placing it among those of a handful of countries — including Southeast Asian neighbors Bangladesh and Indonesia — that don’t meet international “minimum safety oversight standards.” Boeing expects Southeast Asian airlines ...
Thailand leads declines in Asian stocks, Europe opens lower
Most Southeast Asian stock markets traded lower on 8 December, with the Stock Exchange of Thailand posting its biggest one-day decline in two weeks on falling oil prices. The SET index posted the steepest fall in the region with a 1.6% drop, led by oil firm ...
Gas accounts for smaller share
Thailand’s heavy dependence on natural gas for the power sector has been trimmed to 60% from 70% thanks to greater use of coal and renewable sources, says the Energy Policy and Planning Office (Eppo). The coal-fired Hongsa power plant in Laos has helped to increase the ...
Drought spurs call for home water savings
The Metropolitan Waterworks Authority (MWA) has urged households in the capital and its vicinity to reserve at least 60 litres of drinking water for the duration of the drought season until May next year. The reduction of Chao Phraya River water usage is due to the ...
Migrant rights group presses government on stalled registration
A migrant rights network has appealed to the Myanmar and Thai governments to reach a solution on a worker registration standoff, and to take steps to alleviate the exploitation of workers by brokers. The call comes as the two sides prepare to meet in Thailand on ...
3D printer makers flock to Thailand
Global three-dimension (3D) printer manufacturers are pushing into Thailand, paving the way for a growth cycle in Southeast Asia. XYZprinting Inc, the world’s largest 3D printer maker, established Bangkok as its first Southeast Asian office in September, with investment of almost 20 million baht. The Taiwan-based company ...
