Single Entry Tourist Visa to Thailand now requires foreigners to show funds of THB500k Foreigners who wish to apply for a Single Entry Tourist Visa (SETV) to Thailand are now required to provide 6 months worth of bank statements showing a bank balance of at least 500,000 THB. The jaw dropping new financial requirement has […]
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Lao government gives nod to solar project in Champasak province The Lao government has signed an agreement with the Muang Khong Clean Energy Co Ltd to develop solar power in Champasak province. The Project Development Agreement (PDA) for the Muang Khong Solar Power Energy project was signed in Vientiane last week by Deputy Minister of […]
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Japan Announces Soft Loan of $414 Million to Myanmar to assist with infrastructure development projects To assist Myanmar with infrastructure development projects, Japan has announced a soft loan of 42.78 billion Yen, equivalent to $414 million. Out of the total money announced by the Japanese government, 27.78 billion yen will be reserved for the development […]
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Floating solar farms at four industrial estates studied by Thailand Industry and energy officials are planning to build four floating solar farms, worth 1.8-2.4 billion baht, in industrial estates in a move Industry Minister Suriya Jungrungreangkit says is in line with the energy policy of US president-elect Joe Biden. The Industrial Estate Authority of Thailand […]
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Lao govt confident of economic recovery next year, with up to 4.5% growth Government will continue to facilitate the construction of mega projects; Laos-China railway, the Vientiane-Vangvieng Expressway, industrial parks and dry ports, and hydropower and mining projects The government is optimistic that the economy will grow by 4-4.5 percent next year despite complex global […]
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Japan offers to participate in Myanmar’s Dawei SEZ development Japan has made an official offer to participate in the development of the Dawei Special Economic Zone (SEZ), said U Myint San, Vice Chair of the SEZ management committee. “The Japanese government has made a proposal after we invited them to participate in the project on […]
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Frasers Property Thailand sustains strong growth momentum Frasers Property Thailand sustains strong growth momentum with THB 15,840 million in first 9-months of 2020, paving the way for sustainable growth with its ‘One Platform’ strategy to achieve THB 20,000 million by year-end 2020 Frasers Property (Thailand) Public Company Limited (FPT), the first company with a fully […]
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Wellness project Natai Medical Center & Resort being developed on Na Tai Beach in Thailand’s Phangnga province Property developer Cissa Group and V Plast Medical Group plan to spend 3.5 billion baht for a wellness hospital and resort development, Natai Medical Center & Resort, in Phangnga to tap individual investors. Autthanop Pandkamnerd, Cissa chief executive, […]
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Bangkok’s Bang Sue Grand Station to open in 2021, will be South-East Asia’s largest railway station SEE ALSO: Bang Sue Grand Station, Bangkok’s Central Train Hub Opening Delayed Till July 2021 Thailand has unveiled plans to open Bang Sue Grand Station next year as part of its efforts to mitigate traffic congestion in the capital […]
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Thailand’s Transport Ministry swaps plan for trams to electric buses in Phuket The Transport Ministry has done a U-turn, opting to replace the much-anticipated tram project with an electric bus system so it can save 10 billion baht. The Phuket tram line would have been a 41.7-kilometre light rail system and come with a 34.82-billion-baht […]
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