Thailand’s Khon Kaen Set to Trial Light Rail Connecting Nong Khai and Bangkok Khon Kaen province has announced plans to trial a new light rail network to complement Thailand’s high-speed rail project, which will connect Nong Khai province and Bangkok, as well as the dual-track train network connecting Khon Kaen and Nakhon Ratchasima. Deputy Government […]
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Minor State Railway of Thailand official credited with granting of retrial in long-running Hopewell saga The Thai Prime Minister’s advisor Pirapan Salirathavibhaga, recently in charge of the three-decade-long Hopewell saga, which is a case between the Thai government on one side and Hopewell (Thailand) on the other, has attributed last Friday’s success in winning approval […]
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Work begins on Vietnam’s $306-mln Sa Pa airport Construction of an airport near Sa Pa town in the northern mountain province of Lao Cai began Thursday, the local people’s committee announced. The airport coming up in Bao Yen District, less than two hours from the tourist town Sa Pa, will cost around VND7 trillion (US$306.5 […]
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Vietnam’s proposed new property tax divides opinions A new property tax that authorities are considering to prevent land speculation has evoked a mixed response with developers opposing it, saying the market could be negatively impacted. After the Ministry of Finance earlier this month solicited opinions on the proposal, most analysts VnExpress spoke to supported the […]
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Pattaya’s long-debated and discussed light rail/monorail project has not been cancelled and is still in progress The Pattaya Mayor, Sonthaya Khunplume, spoke to the press this weekend about the long-debated and discussed light rail/monorail project, reassuring residents that the project had not been canceled and was still in progress. According to the Pattaya Mayor, multiple […]
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Thailand’s Non-oil energy conglomerate Banpu adds to green energy portfolio Non-oil energy conglomerate Banpu Plc paid US$14.5 million for a stake in Solar Esco Joint Stock Co, a Vietnam-based rooftop solar panel provider, as it continues to expand its renewable energy business. BRE Singapore Pte, a wholly owned subsidiary of Banpu Next Co, signed an […]
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Laos plans more expressways to improve logistics The Lao government is upgrading the country’s road network and is planning to build more expressways to improve logistics and help fulfil the goal for Laos to become a land-linked country. Deputy Minister of Public Works and Transport Lan Seng-Aphone gave a summary of the work undertaken in […]
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Thailand’s SET-listed developer Origin Property lines up 31 projects worth B42bn Company planning to spin off 3 subsidiaries SET-listed developer Origin Property Plc plans to launch 31 new residential projects worth a combined 42 billion baht and is eyeing 35 billion baht in presales and 17.5 billion baht in revenue. Chief executive Peerapong Jaroon-ek said […]
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Thailand’s Hopewell project’s long-running legal saga gets new twist Government joy as top court paves way for retrial The Supreme Administrative Court on Friday ruled in favour of the Ministry of Transport and State Railway of Thailand (SRT) request for a retrial following a 2021 ruling against them by the Central Administrative Court in the […]
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Thailand’s SET-listed Sena Development plans to branch out into warehouses, serviced apartments and asset management, while planning 49 new residential projects SET-listed Sena Development plans to branch out to warehouses, serviced apartments and asset management, while planning 49 new residential projects worth a combined 27.5 billion baht in 2022. Managing director Kessara Thanyalakpark said the […]
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