Gunkul Engineering acquires 50MW solar power plant in Thua Thien-Hue for US$39.9 million
28 Dec 2020 |
Nguyen Tuong Thuy
Driven by its rising power demand, Vietnam has become one of the largest and fastest-growing renewable energy markets in Southeast Asia, and Thai companies are acting swiftly to take advantage of the vast opportunities in the country.
Thai energy firm Gunkul Engineering, for example, has acquired the 50-megawatt Phong Dien II solar power plant in the central Vietnamese province of Thua Thien-Hue for US$39.9 million.
The facility started commercial operation on December 15 with a feed-in tariff (FIT) of 7.09 US cents per kilowatt-hour for 20 years.
Siamese Asset PCL (SET: SA) Shows High Integrated Real Estate Business Potential
- Moving ahead to raise funds, fortify strength
- Advancing to become Thailand s top real estate developer
BANGKOK, Dec 28, 2020 - (ACN Newswire) - Siamese Asset PCL (SET: SA) is moving ahead to expand investment following its listing on the Stock Exchange of Thailand (SET), in a bid to become a leading integrated real estate developer in Thailand, fulfilling customer demand for residences and for long-term investment, and promoting continuous growth, despite the national economy in a slowdown mode. The current 9,446 million baht worth of backlog is being realized from 4Q2020 onward.
Seizing opportunities in crisis
The stock crash still saw some nimble investors recover, write Darana Chudasri, Nuntawun Polkuamdee and Somruedi Banchongduang
published : 29 Dec 2020 at 04:02
5 2020 marks one of the most volatile years in stock history as the pandemic led to global economic uncertainty. Thanarak Khunton
This year saw an unexpected stock market crash followed by predictable trends that allowed savvy investors to make back their investments by betting on technology, healthcare and the timeline of a new vaccine.
Markets saw massive trading volume around the world as those with money sought to find the best yield amid a pandemic, even as the global economy shut down at times.
ESG ratings don t mean what you think
3
Loose framework for granting high ESG ratings creates false impression
published : 26 Dec 2020 at 04:04 PTTEP s Bongkot offshore gas block in the Gulf of Thailand.
Environmental, social and governance (ESG) ratings and sustainability stock indices based on ESG scoring have become the hot new trend among retail and institutional investors, allowing them to evaluate companies based on sustainability and social development instead of simply profits and losses. ESG funds promise long-term growth as governments around the globe promise to scale down emissions to combat climate change.
But in practice, the loose framework for granting high ESG ratings has allowed companies with holistically negative impacts on the environment to populate domestic and global sustainability indices and funds, while expanding production of not-so-sustainable activities such as coal mining, offshore oil drillin
Kerry Express (SET:KEX) debuts on the SET, confident of warm reception by investors
Plans to boost capacity to sorting 3 million parcels per day by 2023
BANGKOK, Dec 25, 2020 - (ACN Newswire) - Kerry Express (Thailand) Plc. (KEX) has had its First Trading Day on the Stock Exchange of Thailand. With overwhelming responses during the subscription period, both from international and local investors. Viewed as a proxy of investment in the new economy, KEX provides an investment alternative in the local bourse, where a handful of choices are now available. The company is launching an aggressive strategy to expand its business into all provinces in Thailand, aimed at propelling further growth with technology and human resources, expanding express delivery service networks and boosting sorting capabilities to 3 million parcels per day by 2023, increasing efficiency, managing costs and creating continuous growth.