Bangkok property market takes $4.8B hit The virus crisis has wiped a whopping 150 billion baht ($4.8 billion) off the value of the residential market in Bangkok and surrounding provinces, Krungthai Bank Pcl research revealed on July 16. Meanwhile, the reservation rate for new apartments and houses fell from 20 per cent in the fourth […]
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Hotel Nikko Hai Phong, Japanese-influenced luxury hotel set to open in Vietnam A 250-room luxury property operated by Nikko Hotels International is due to open its doors in the Vietnamese port city of Hai Phong at the start of August. The opening date has been set for the launch of Hotel Nikko Hai Phong in […]
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Copenhagen Infrastructure Partners (CIP) partners on 3.5GW Vietnamese Binh Thuan offshore windfarm The La Gan project is expected to involve capital expenture of €8.5bn Copenhagen Infrastructure Partners (CIP) has signed a memorandum of understanding (MoU) with Binh Thuan People’s Committee to develop an offshore wind farm off the coast of Vietnam The 3.5GW La Gan […]
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End of Hopewell saga – Court rejects petition for a retrial – Thai state to pay ฿24 billion compensation The over twenty year long legal battle surrounding the Hopewell Project has come to a close after Thailand’s Supreme Administrative Court upheld the Central Administrative Court’s decision to reject a petition, by the Transport Ministry and […]
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Vietnam’s Đồng Nai Province near HCMC urged to speed up land clearance to start construction of Long Thành Airport Prime Minister Nguyễn Xuân Phúc has urged authorities of southern Đồng Nai Province to complete site clearance on 1,800ha of land by October to begin construction of Long Thành International Airport. While inspecting land clearance of […]
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Feasibility Study on Waste-to-Energy Plant in Cambodia’s Siem Reap Province Proposed A feasibility study on waste-to-energy plant has been proposed to be conducted in Siem Reap province, aiming to convert waste to energy and keep the city clean. Proposed by the China’s MIZUDA firm, the 12-megawatt waste-to-energy plant needs at least 210,000 tonnes of waste […]
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Cambodia’s Sihanoukville Autonomous Deep Port Terminal Phase 1 Construction to Begin in 2021 The construction of deep port terminal phase I in Sihanoukville Autonomous Port is scheduled to start in 2021 and take three years to complete. Mr. Thay Rithy, Deputy Director General of Sihanoukville Autonomous Port, told AKP that the detailed design of the […]
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Bangkok’s elevated MRTA Pink Line to open in September 2021 By The Nation Despite construction delays, the elevated MRTA Pink Line between Khae Rai and Min Buri will begin operating in September 2021, aiming for 200,000 passengers per day. Pakapong Sirikantaramas, executive director of BTS Group Holdings, said the company has accelerated delivery of the […]
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Thailand’s top court denies request to reopen Hopewell case By The Nation SEE ALSO: Thai Court Turns Down Bid For Retrial Of Hopewell Case The Supreme Administrative Court on Wednesday (July 22) upheld the Central Administrative Court’s decision to decline the requests from the State Railway of Thailand (SRT) and the Transport Ministry to reopen […]
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Chinese Firms Ready to Take Responsibility for Myanmar’s Mandalay Flood A senior member of Mandalay City Development Committee (MCDC) says that a Chinese construction company will take responsibility after an embankment along the Irrawaddy River near one of its project sites collapsed on Sunday, forcing more than 12,000 residents to leave their homes. The embankment […]
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