Deep Seaport Construction in Cambodia’s Koh Kong Province Confirmed A deep seaport has been planned to be constructed in Koh Kong province, one of the country’s four coastal provinces, to facilitate the transportation of goods, mainly from the province to markets. The construction plan of the deep seaport has been planned for years, said H.E. […]
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Myanmar’s Electric Power Generation Enterprise extends Magwe gas-to-power plant tender deadline Myanmar’s Ministry of Electricity and Energy has extended the deadline of a gas-to-power plant tender to next week. On April 28, the ministry’s Electric Power Generation Enterprise (EPGE) announced a tender for a 12 megawatt gas-powered plant in Magwe on a build-operate-own basis. The […]
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How engineering can adapt to the ‘new normal’, opinion of Worsak Kanok-Nukulchai, PhD, Fellow of the Royal Society of Thailand The coronavirus started as a health pandemic, but the massive outbreak will create long-lasting changes that will alter the way we live and work. Like other industries, engineering and construction sector has also been seriously […]
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Thailand’s construction sector predicted to shrink 3.6% in 2020 Covid-19 will cause Thailand’s construction sector to shrink by 3.6% in 2020, the country’s first contraction since 2017, risk and research company Fitch Solutions has predicted. Thailand’s lockdown began on 26 March. It has twice been extended and is tentatively scheduled to end by 1 July. […]
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Continued demand and the new normal in the Thai residential market – CBRE CBRE Managing Director Aliwassa Pathnadabutr and Director of Advisory & Transaction Services – Residential Sales Artitaya Kasemlawanshaping discuss the factors shaping the new normal in the Thai residential market as a result of the COVID-19 outbreak. The Work-From-Home policy, transportation route expansions […]
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Real estate developers bracing for residential property market slump in North Thailand Real estate developers in Thailand’s North are a bracing for a slump in the residential property market, as the number of home buyers is dwindling and banks are imposing stricter rules on home buyers and reportedly denying mortgages. The president of the Chiang […]
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Global Power Synergy readies to become the sixth Thai company to apply for a licence to import liquefied natural gas (LNG) Global Power Synergy Plc (GPSC), the power generation arm of PTT Plc, is planning to become the sixth Thai company to apply for a licence to import liquefied natural gas (LNG), currently trading at […]
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New Normal for Thailand’s property developers as marketing moves online “The coronavirus pandemic comes at a moment where the Thai real estate market has seen an over-supply coupled with reduced demand since 2019 due to appreciation of the baht and overall economic sentiment.” Restrictions on movement, a lack of foreigners visiting and inspecting properties, and […]
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Bangkok 35th most expensive city for expats, Hong Kong most expensive Bangkok is the 35th most expensive city for expats (+5 compared to 40th in 2019) according to Mercer’s 2020 Cost of Living Survey According to Mercer’s 2020 Cost of Living Survey, Hong Kong tops the list of most expensive cities for expatriates, followed by […]
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Annual quota for foreigners that could be granted Thailand permanent residency in 2020 now open for application Immigration authorities on Tuesday confirmed an annual quota for foreigners that could be granted permanent residency in 2020. The order signed by PM Prayut Chan-o-cha and published on Royal Government Gazette keeps its quota of no more than […]
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