Thai CP Group nears deal on high-speed link to 3 airports Chinese partner China Railway will handle construction of $6.92 billion project 5 April 2019 BANGKOK — Thailand’s largest business group, Charoen Pokphand Group, is in late-stage talks to construct a high-speed rail line connecting three of the country’s major airports, the railway authority said […]
Continue ReadingThe battle to avoid another Thai property bubble 5 April 2019 Fearful of a repeat of the 1997 financial crisis, the central bank has tightened regulations on mortgages The Bank of Thailand has put a brake on the property market, with a focus on speculative buyers to prevent a repeat of real estate crises. On […]
Continue ReadingJapan’s Super Hotel Myanmar Thilawa opens First hotel in Thilawa anticipates greater demand as factories sprout up 4 April 2019 YANGON — Japan’s Super Hotel chain has opened the first lodgings in Myanmar’s Thilawa Special Economic Zone outside Yangon, anticipating demand from business travelers as foreign companies build factories in the region. Thilawa’s development serves […]
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Thai renewable power operators plan lawsuit against new version of power development plan (PDP) New version has low output quota 4 April 2019 Thai renewable power operators plan to file a lawsuit against a new version of the power development plan (PDP) 2018-37 after seeing it has a lower quota for renewable power generation. Pajon […]
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The coming of new Bangkok city plan in 2020 3 April 2019 Bangkok’s skyline is going to change yet again due to the coming of the new Bangkok city plan to take effect in 2020. Property developers are increasingly aware of the potential changes and some have been holding back plans for land purchases and […]
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Central Pattana first overseas project in Selangor, Malaysia 3 April 2019 Central Pattana Plc (CPN), a Thai retail property developer, has recently launched the first overseas project “Central i-City”. Central i-City is in i-City Ultrapolis, a lifestyle hub in the capital of Selangor, Malaysia, which the Malaysian government has pushed forward to become a complete […]
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PTT and Gulf team up on Thailand’s EEC ports Laem Chabang seaport and Map Ta Phut seaport Winning bids declared in next two months 4 April 2019 PTT Plc, the national oil and gas conglomerate, is wagering on a consortium with Gulf Energy Development Plc to develop two megaprojects in the flagship Eastern Economic Corridor […]
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Frasers Property (Thailand) Plc (FPT) eyes TCC land to expand EEC estates in Chon Buri and Rayong Developer keen on industrial options 03 April 2019 SET-listed industrial estate developer Frasers Property (Thailand) Plc (FPT), formerly TICON, owned by the Sirivadhanabhakdi family, wants to utilise the vast land bank of the family’s TCC Group, some tens […]
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Real estate developer Difference Living targets Europeans in Bang Saray, Chon Buri Cheaper cost of living fuels exodus 02 Apr 2019 Europeans are flocking to Thailand for retirement — fleeing high eldercare costs and cold weather — and some savvy real estate developers are cashing in on the trend. Helmut Buchberger, managing director of Difference […]
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Full steam ahead for Bangkok’s Dusit Central Park project 02 April 2019 Central Pattana Plc (CPN), the retail and property firm, and hotelier Dusit Thani Plc are committed to proceeding with their 36.7-billion-baht Bangkok mixed-use joint venture, endorsing the positive investment climate amid the political transition. The Mall Group and Siam Piwat Co recently announced […]
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