Blow for the Thai property industry as Government declares no more reduction in land and buildings tax Arkhom Termpittayapaisith, Thailand’s Finance Minister announced on January 17th that his ministry is ruling out the likely hood of any reduction in 2022 in the land and buildings tax. Apparently, relief had already been granted for two years […]
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Vietnam’s leading renewables firm Trung Nam Group Launches $220M Offshore Wind Farm Vietnam’s leading renewables firm Trung Nam Group has launched its first offshore wind farm amid the Southeast Asian country’s drive for clean energy, the company said on Monday. The 5 trillion dong ($220.17 million) farm in the southern province of Tra Vinh has […]
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Property developers want extension of Thailand’s 90% reduction in the rate of the land and building tax to be extended Real estate developers are calling for an extension of the 90% reduction in the rate of the land and building tax as the impact on the sector remains severe. Issara Boonyoung, chairman of the committee […]
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Consortium starts construction on $2.3 billion Hai Lang LNG-to-power project in Vietnam READ ALSO: South Korean Consortium Expected To Win $4.8 Bn LNG Power Plant Order In Hai Lang, Quang Tri Province, Vietnam A consortium consisting of one Vietnamese and three South Korean firms has officially started building a $2.3 billion LNG-to-power project in Vietnam’s […]
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China’s pan-Asian railway sputters to a halt in Thailand Bangkok’s indifference to Beijing’s plan creates gap in Belt and Road network BANGKOK — China’s plan to build a pan-Asian railway through the Indochina region is sputtering as construction of a connection to Thailand has stalled due to deteriorating ties and both countries’ diverging priorities. Part […]
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Thailand Construction News E-Newsletter (TCN319) out NOW! Read a copy here Thailand Construction News – Thailand Construction News – TCN319 – 17.01.22 Why not subscribe (click here) – its FREE and out fortnightly-ish. Thailand Construction News, or ‘TCN’ as it’s better known, is Thailand’s construction and engineering orientated e-newsletter and website, produced with expatriates, senior-management […]
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State Railway of Thailand (SRT) ordered to build a second bridge from Nong Khai province to Laos, to connect to the new China-Laos railway The cabinet has ordered the State Railway of Thailand (SRT) to quickly design and build a second bridge from Nong Khai province to Laos, to connect to the new China-Laos railway. […]
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Suspended International Infrastructure Projects Resumed in Myanmar A number of development projects implemented with Official Development Assistance loans from Japan and South Korea have restarted after they were suspended following last year’s coup. Among the projects are the Yangon-Dala Bridge, funded by South Korea, and the Thanlyin Bridge and the upgrading of the Yangon circular […]
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Daewoo E&C partners Vietnam’s NBX Green Park for industrial zone development South Korean builder Daewoo Engineering & Construction and Vietnam’s NBX Green Park, an affiliate of YSL Group, signed a memorandum of understanding to jointly develop the Nam Binh Xuyen Green Park Industrial Zone located in Vinh Phuc, Vietnam, the companies said Thursday. The NBX […]
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Southeast Asia’s biggest coal mining company, Thailand’s Banpu, divesting coal business despite revenue surge Windfall from global coal price rise will be invested in green power projects Banpu, Southeast Asia’s biggest coal mining company, said it will continue with the planned divestment of its coal business despite the surge in the global coal price that […]
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