Wary of slow market, Eastern Star Real Estate delays project launches to 2021 Developer says demand remains but buyers are shy After the continuous launching of new projects in the past few years, the emergence of the pandemic has led SET-listed developer Eastern Star Real Estate Plc (ESTAR) to take a more careful path. To […]
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Orlando-based ITEC Entertainment designs concept for Bangkok’s The Forestias mixed-use development Orlando-based ITEC Entertainment announced it has designed the largest private sector property development in Thailand, describing it as a mixed-use project centered on the concept of sustainable living. Construction on The Forestias began in 2019, and the first phase will be completed in 2021. […]
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Wärtsilä signs 5-year maintenance deal for 200MW Cambodian power plant close to Phnom Penh Technology company Wärtsilä has signed a five-year power plant maintenance agreement covering the Electricite du Cambodge (EDC) C7 power plant, located close to Phnom Penh in Cambodia. The agreement is with SchneiTec, the company responsible for the maintenance of the power […]
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Yangon’s Dala bridge construction suspended over COVID-19 cases Construction works on the Dala bridge will be suspended after four Myanmar engineers from the construction team tested positive for COVID-19, U Tun Yin, regional Hluttaw MP from Dala, said. “It is impossible to continue the construction work. If we do not suspend work now, the virus […]
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Nateuy station, the first railway station built on China-Laos railway With the last casting of concrete on the top of the main building of the future Nateuy station, the China Railway Construction Engineering Group (CRCEG) finished building the first station along the China-Laos railway on Wednesday. The Nateuy station, a key passenger and freight distribution […]
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Vietnam Wind Energy Revolution – 5 new wind energy projects with Siemens Gamesa Renewable Energy Siemens Gamesa has strengthened its market leadership position in Vietnam after securing its fifth nearshore wind farm project as the Vietnamese government quickly advances on its renewable energy goals. The latest deal, which surpasses the previous company record in scale […]
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Thailand’s Egco Group, Egat International and Ratch Group sign pact to develop Quang Tri 1 power plant in Vietnam 1,320 megawatt Quang Tri 1 thermal power plant in Vietnam expected to go into commercial operation by 2025 Egco Group, Egat International and Ratch Group signed a joint development agreement on Wednesday (September 16) to develop […]
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Singapore’s luxury resort brand Capella is launching its very first Thailand property in Bangkok this October The overall sixth establishment of the Sentosa-born brand is coming to the city! Singapore’s luxury resort brand Capella is about to launch its very first establishment in Thailand on October 1. Entitled Capella Bangkok, the property is situated on […]
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Planned October 2020 opening of Bangkok’s Gold Line monorail service postponed to year-end By THE NATION The Bangkok Mass Transit System (BTS) has announced that the planned October opening of its Gold Line monorail will be postponed to December. BTS chief executive officer Surapong Laoha-Unya said both the running system and the signalling system were […]
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Aquarius International Development rolls out projects worth USD250 million Aquarius International Development reports it will expand its resorts, yacht charters, F&B services and online travel club ventures starting during Q4 2020. Owned by Norcal Venture Capital Group Limited, AQI will initiate a five-year plan starting in Q4 2020 that will recruit luxury resorts, residences, yacht […]
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