Hotel Nikko Amata City Chonburi to Open in 2021 18 December 2018 Okura Nikko Hotels will inaugurate its third property in Thailand in a futuristic area hosting the world’s largest concentration of Japanese companies outside Japan Okura Nikko Hotel Management Co., Ltd., a subsidiary of Hotel Okura Co., Ltd., announced today that in 2021 it […]
Continue ReadingChinese-built largest hydropower plant inaugurated in far NE Cambodia 17 December 2018 The Chinese-built Lower Sesan II hydroelectric power station was inaugurated here in far northeastern Cambodia on Monday after almost five years of construction. The 400-megawatt dam is the largest and the seventh one built by China in the Southeast Asian country. Cambodian Prime […]
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Decapitation looms for too-tall Aetas Ruamrudee hotel 17 December 2018 The Bangkok Metropolitan Administration (BMA) is ready to spend Bt130 million demolishing the top floors of the Aetas Bangkok Hotel and adjacent Aetas Residence serviced apartments on Soi Ruamrudee, a City Hall source said on Monday. A single Bt130-million contract for the demolition work was […]
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Bangkok rises to 90th most costly location for expats – survey 17 December 2018 Bangkok has risen 32 places and entered the top 100 most expensive locations for the first time, according to the latest cost of living survey published by ECD International. “Over the past five years, Bangkok has climbed more than 80 places. […]
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Singha turns to commercial acquisitions for revenue 18 December 2018 SET-listed Singha Estate Plc (S), a property development arm under the Boon Rawd Brewery Group, will invest 17 billion baht to both develop and acquire four commercial projects during 2019-23 to boost revenue from recurring income to 50% from 30%. Chief executive Naris Cheyklin said […]
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As Bangkok mall hype mounts, some question pace Too much, too fast in retail development? 14 December 2018 Lights and sounds at the opening of Iconsiam last month The opening of the 54-billion-baht Iconsiam along the Chao Phraya River in southeastern Bangkok was quite the spectacle. In November, the mall spent a whopping 1 billion baht […]
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Sino-Japanese cooperation thrown off track over Thai rail project Fearing losses, private contractors unwilling to follow Tokyo’s lead 16 December 2018 Japan and China are working to improve ties through joint infrastructure projects abroad, but cooperation on a Thai railroad — a centerpiece of that effort — has already suffered. Two corporate consortia, respectively led […]
Continue ReadingPhuket’s Light Rail Project Edges Ahead 15 December 2018 Phuket province’s ambitious 58.5 kilometer light rail project is expected to go forward for approval from the government’s public-private committee early in 2019. According to news in the Bangkok Post the initial stage of the project will connect Phuket International Airport and the circle in Chalong, […]
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Sany Thaiyont construction machinery counts on state megaprojects 14 December 2018 Sany Thaiyont Co, an importer and distributor of Chinese construction machinery, expects 2019 revenue to double to 2 billion baht from demand in the construction sector, driven by the government’s megaprojects. The company expects to sell 720 units — 600 excavators, 50 road rollers, […]
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CP-led group offers lowest bid for high-speed train project connecting Suvarnabhumi, Don Mueang and U-Tapao airports 15 December 2018 A Charoen Pokphand Group (CP)-led consortium has offered the lowest bid for the high-speed railway project connecting three major airports, State Railway of Thailand (SRT) acting governor Worawut Mala said on Friday. However, the committee was […]
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