$100M five-star hotel approved in Cambodia’s Preah Sihanouk province The government has approved the construction of a $100 million five-star hotel in Preah Sihanouk province that officials say will be ready to welcome tourists once Covid-19 disappears. The Council for the Development of Cambodia (CDC) issued a final certificate of registration to Yong Wang (Cambodia) […]
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New Yangon Development Company (NYDC) CEO says New Yangon City Project will move forward The CEO of the company slated to develop the controversial New Yangon City project on the west bank of the Yangon River says he is hopeful that the project will commence this year and that he believes there will be no […]
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Myanmar’s hasty call for solar tender draws criticism from investors The Ministry of Electricity and Energy (MOEE) is being criticised by the business community over a recent tender for solar power, with key foreign investors pressing for more time to prepare bids and for tough conditions to be revised. The tender, issued by the ministry’s […]
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Phayao locals fear bio-power plant will ruin health, environment By THE NATION More than 50 people gathered at the Chiang Rang sub-district administration organisation (SAO) in Phayao province on Monday (May 23) to protest construction of a local bio-power plant they said could damage their health and the environment. Protester Saokaew Tiangsawat explained that a […]
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Thailand’s property market set to experience brokerage megashift by Bill Barnett It’s clear that Thailand’s real estate sector is expected to undergo a megashift as a result of the Covid-19 pandemic and search for a ‘new normal’, if that’s even possible. That said, one of the country’s leading PropTech groups FazWaz says the crisis has […]
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Pattaya City unveils plans for nine-kilometre monorail The Pattaya City administration plans to build a nine-kilometre monorail to ease traffic congestion and connect the city with the government’s flagship Eastern Economic Corridor (EEC) project. Pattaya deputy mayor Manote Nongyai said yesterday while Pattaya has a wealth of potential for economic development, it has been plagued […]
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Thai small brewers pour into Vietnam Restrictive rules for craft beer manufacturing written by the local duopoly have led Thai brands to a nurturing community a few countries over Factories are not the only business moving into Vietnam — Thai craft beer has found an unlikely home in the neighbouring country, thanks to stiff regulations […]
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Ho Chi Minh City facing extreme risk from floods by 2050 according to McKinsey Global Institute Ho Chi Minh City, Vietnam’s biggest metropolis, faces an increasing risk of flood disasters given rapid infrastructure expansion driven by economic growth, according to McKinsey Global Institute. The chance of such events could increase five to 10 times by […]
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U-Tapao airport maintenance facility going ahead despite obstacles U-Tapao Rayong-Pattaya International airport is going ahead with its proposed Maintenance, Repair and Overhaul project, despite Thai Airways entering bankruptcy, according to the secretary general of the Eastern Economic Corridor Office. The 11 billion baht project to has already been approved by the Cabinet and a contract […]
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Myanmar’s new Surbung Airport to start operation in September 2020 The new Surbung Airport is to start its operation in Myanmar’s mountainous Chin state in September this year, a regional minister told Xinhua on Thursday (May 21). “The construction work of the airport is targeted to complete at the end of June and after some […]
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