Thailand’s SET-listed developer Sansiri banking on lower-end condos SET-listed developer Sansiri Plc will launch lower-end condo projects for sale a month before construction is completed and work with banks to ensure the transfer of units with lower mortgage loan rejections. Ongart Suwannakul, assistant executive vice-president for project development department (high rise), said this strategy can […]
Continue Reading
Thailand’s Prime Minister heralds phase 3 dvelopment of Rayong’s Map Ta Phut deep-sea port Prime Minister Prayut Chan-o-cha expects the third-phase development of Map Ta Phut deep-sea port to make Thailand a modern hub of water logistics, boosting investment in the Eastern Economic Corridor (EEC). “It will serve as a gate to connect trade between […]
Continue Reading
Can Tho City in Vietnam’s Mekong Delta eyes two highway works at $118-mln cost Can Tho City in the Mekong Delta wants to build or upgrade highways to its neighboring Hau Giang and Kien Giang provinces at a cost of VND2.7 trillion ($118 million). In a recent report it sent to the central government on […]
Continue Reading
Japanese partners Tokyo Electric Power and Chubu Electric Power to join 4.5 gigawatt LNG power project in Vietnam Site, to be built with Exxon Mobil, will be one of largest in Southeast Asia A venture between two major Japanese power utilities will participate in building one of Southeast Asia’s largest natural gas-fired power plant and […]
Continue Reading
Thai Government Explains Official Name Change for Bangkok Thailand’s government recently provided new guidance on how the official name of the capital, Bangkok, would be used internationally. The guidance, however, caused some confusion. Some people thought it meant that English speakers would need to start calling Bangkok by its longer, local name, Krung Thep Maha […]
Continue Reading
Thailand to relax rules for international arrivals from 01 March 2022 despite COVID-19 surge Thailand is set to relax rules for international arrivals from March 1st despite the continual surge in COVID-19 infections in the country. The Centre for COVID-19 Situation Administration (CCSA) has decided to change the second COVID-19 RT-PCR test, currently required for […]
Continue Reading
Vietnam to fully reopen for international tourists from 15 March 2022 Vietnam to fully reopen to international visitors from 15th March. According to the proposal, visitors will no longer need to be part of package tours and only need to meet medical criteria on vaccination and testing. From now until March 14th, Vietnam will continue […]
Continue Reading
Thai Property developer Ananda Development losses pile on in 2021 due to pandemic impact Property developer Ananda Development Plc (ANAN) reported a 2021 full-year net loss of 457 million baht. The losses were a 120 per cent increase from 2020 which the company blamed on weak property demand caused by the Covid-19 pandemic. The company’s […]
Continue Reading
Thai developer Pruksa Holding plans spending spree of 3.5 billion baht in property and healthcare technology startups SET-listed developer Pruksa Holding Plc (PSH) will invest 3.5 billion baht in property and healthcare technology startups to strengthen its core businesses and boost recurring income, after going through a restructuring and a clearance of its inventory over […]
Continue Reading
Construction of Phnom Penh Logistics Center (PPLC) planned to commence In November 2022 The construction of Phnom Penh Logistics Center (PPLC) is planned to kick off in November this year. The information was revealed by Sun Chanthol, Senior Minister and Minister of Public Works and Transport while receiving a courtesy call from Ambassador of Singapore […]
Continue Reading