October-November 2019
The merger and acquisition (M&A) market is an ever-evolving one. The Southeast Asian region continues to remain a hotbed for investments by corporates and investors. M&As, despite pacing down in 2018 due to global...
Read MoreMonth: November 2019
Singapore plans 2 GWp solar capacity by the year 2030
November 18, 2019 | Key Developments, Singapore
Singapore aims to deploy at least 2 GWp of solar energy by 2030. This would correspond to 10 per cent of the current electricity demand. The government will support the development through the SolarNova programme and promote...
Read MorePLDT invests PhP 7 billion for undersea cable system to boost international data capacity
November 18, 2019 | Key Developments, Philippines
PLDT is investing PhP 7 billion in a trans-Pacific cable system linking it with the US and Japan. The undersea fibre optic cable system called Jupiter is expected to be completed by the third quarter of 2020 and will help PLDT...
Read MoreGovernment plans to construct four airports in Indonesia
November 18, 2019 | Indonesia, Key Developments
The Ministry of Transportation, Indonesia, is planning to build and develop four airports in West Papua – Rendani Manokwari airport, Siboru Fakfak airport, Raja Ampat airport and Domine Edward Osok Sorong airport. The Raja Ampat...
Read MoreWastewater treatment plant inaugurated in Long Xuyen City
November 18, 2019 | Key Developments, Vietnam
A new wastewater treatment plant started operations in Long Xuyen city in the Mekong Delta province of An Giang on October 8, 2019. The construction of the plant which has a designed daily capacity of 30,000 cubic metres, began...
Read MoreHo Chi Minh City commences work on second waste-to-energyplant
November 18, 2019 | Key Developments, Vietnam
Work on Ho Chi Minh City’s second waste-to-energy (WtE) plant, worth VND 5 trillion, began in the outlying district of Cu Chi on October 16, 2019. The plant will help the city address simultaneously both the problems of waste...
Read MoreLong Thanh International airport to become operational by 2025
November 18, 2019 | Key Developments, Vietnam
The Long Thanh international airport, which will handle 25 million passengers and 1.2 million tonnes (mt) of goods annually, is expected to become operational by 2025 after the first phase of the project is completed. The...
Read MoreGovernment approves funding for Trung Luong-My Thuan Expressway project
November 18, 2019 | Key Developments, Vietnam
The Vietnamese government has approved the allocation of VND 2.186 trillion from the state budget to finance the cash-strapped Trung Luong-My Thuan expressway project in the southern province of Tien Giang. The central...
Read MoreVietnam’s Transport Ministry plans to develop new metro lines
November 18, 2019 | Key Developments, Vietnam
The Ministry of Transport plans to develop 16 new metro line projects in Ho Chi Minh City and Hanoi. In Ho Chi Minh City, eight new metro lines with a total length of 173 km have been planned by 2035. Most of these routes will...
Read MoreADB finances Vietnam’s first large scale floating power project
November 18, 2019 | Key Developments, Vietnam
ADB signed a $37 million loan agreement with Da Nhim-Ham Thuan-Da Mi Hydro Power Joint Stock Company (DHD) to finance the installation of a 47.5 floating PV solar power facility on October 2, 2019. The project marks the first...
Read MoreConstruction on Vietnam’s first LNG terminal to begin in October 2019
November 18, 2019 | Key Developments, Vietnam
PetroVietnam Gas Corporation (PV Gas), the state-owned energy company, started construction of the country’s first LNG import terminal in late October 2019. The Thi Vai LNG terminal, which will be built in Ba Ria-Vung Tau...
Read MoreThailand’s 3BB launches Smart Mesh service with Huawei Technology’s Wi-Fi platform
November 18, 2019 | Key Developments, Thailand
Thailand’s 3BB (Triple T Broadband) launched the Smart Mesh service in Thailand using Huawei Technologies Company Limited’s Premium Wi-Fi home network platform. With the platform, the operator provides users with ONT suites and...
Read MoreThailand to auction 5G spectrum in February 2020
November 18, 2019 | Key Developments, Thailand
Thailand’s National Broadcasting and Telecommunications Commission (NBTC) plans to complete the auction for 56 licences for 5G spectrum by early 2020. The regulator aims to grant 5G licences in February 2020, following which the...
Read MoreEricsson to manage Dtac’s network operations in Thailand
November 18, 2019 | Key Developments, Thailand
Total Access Communication Public Company Limited (Dtac) has selected Ericsson to implement a customer-centric network operations model in Thailand, starting January 2020. As per the deal, Ericsson will manage Dtac’s network...
Read MoreTrial runs on Blue Line link to start in December 2019
November 18, 2019 | Key Developments, Thailand
The Bang Sue-Tha Phra extension of the MRT line will open for a public trial run in December 2019, completing the Blue Line’s planned loop around the centre of Bangkok. The new 13 km stretch, which charges up to TBH 42 per ride,...
Read MoreTrial run conducted on Bangkok’s Elevated rail system
November 18, 2019 | Key Developments, Thailand
Bangkok Mass Transit System’s (BTS) elevated rail system conducted the first trial run along a new stretch on the city’s northern outskirts. The trial run was successfully conducted from Lad Phrao Intersection station to...
Read MoreThailand government and Charoen Pokphand Group-led consortium sign contract for high-speed rail network in Thailand
November 18, 2019 | Key Developments, Thailand
The Thai government and a Charoen Pokphand Group-led consortium have signed a THB 225 billion ($7.4 billion) PPP contract to construct high speed rail links between three international airports in the country. Earlier this year,...
Read MoreTotal Solar DG to provide PV system for Thailand’s largest single-rooftop project
November 18, 2019 | Key Developments, Thailand
Total Solar Distributed Generation (DG) has entered into a binding, long-term power agreement with Thailand-based S. Kijchai Enterprise Public Company Limited to provide solar PV system with a capacity of 7 MW. As per the deal,...
Read MoreADB invests $98.7 million in Energy Absolute’s Hanuman wind farm in Thailand
November 18, 2019 | Thailand
ADB has agreed to invest $98.7 million (THB 3 billion) in Energy Absolute Public Company Limited’s maiden green bond issue that will largely support its 260 MW Hanuman wind farm in Thailand. The bond issue will total $330.32...
Read MoreADB invests $98.7 million in Energy Absolute’s Hanuman wind farm in Thailand
November 18, 2019 | Key Developments, Thailand
ADB has agreed to invest $98.7 million (THB 3 billion) in Energy Absolute Public Company Limited’s maiden green bond issue that will largely support its 260 MW Hanuman wind farm in Thailand. The bond issue will total $330.32...
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