Supalai ready to splash out B300m on Saraburi plots SET-listed developer Supalai Plc plans to spend 300 million baht to buy plots near its resort in Saraburi to develop an elderly home with 100 units to capture rising demand in this segment. Chief executive Prateep Tangmatitham said demand for elderly homes in Thailand will be […]
Continue ReadingVietnam versus Thailand as an expat retirement destination Southeast Asia is now one of the most popular destinations for retirees looking to expand their horizons whilst benefiting from a relatively low cost of living. The two favourites, Thailand and Vietnam, both offer the year-round warm to hot weather Britons can only dream of, and American […]
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Central Pattana (CPN) to invest $1.3bn in retailtainment projects in SE Asia 12 June 2018 Central Pattana (CPN) have announced a $3.1 billion investment for five major retailtainment projects in South-East Asia. Thailand’s top retail property developer CPN has announced a five year vision – Co-Creating Center of Life. The new vision involves the major […]
Continue ReadingSingha Estate acquires 6 spectacular hotel properties from Outrigger for a cool US$310 million Singha Estate Public Company Limited, a Thailand property development and investment holding company, today announced the successful acquisition of 6 spectacular properties from the Honolulu-based hotel chain and management company, Outrigger. The USD 310 million acquisition is part of Singha Estate’s […]
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Dusit Thani – A Bangkok Landmark bids farewell 13 June 2018 Located at the corner of Silom and Rama IV Roads, the Dusit Thani will soon be torn down to make way for a new development ONCE THE leading – not to mention tallest – hotel in Thailand’s capital, the Dusit Thani Bangkok Hotel has […]
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Bangkok among the cheapest cities for expats to relocate to, new study claims Bangkok has been ranked among the cheapest cities in the world for expats to relocate to, according to a new study. The study, conducted by furnished apartment search engine site Nestpick, analysed the initial costs involved in moving to 80 of the […]
Continue ReadingSaipem-led JV wins onshore contract in Thailand for $925m A joint venture (JV) between Saipem and CTCI has secured a new contract to provide onshore engineering and construction services in Thailand to PTT LNG Company in a $925m deal. PTT LNG is a subsidiary of Thailand’s state-owned oil and gas firm PTT Public Company. Operating […]
Continue ReadingJapanese developer to co-invest in condo project 11 June 2018 Japanese firm Shinwa Group, Pressance Corp, and Thai-based Prebuilt Plc have set up a joint venture firm to develop a condominium project, REN Sukhumvit 39, worth Bt2.6 billion. The partnership also plans to tap economic zones in Thailand and Asean. Shinwa Group, through its subsidiary […]
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Thailand’s Solar firm designs $1.76b worth of Wind cultivates In Vietnam 11 June 2018 Thailand’s biggest solar energy organization, Superblock Pcl, plans to contribute 56 billion baht ($1.76 billion) to introduce 700 megawatts (MW) of wind cultivates in Vietnam, the organization’s Chairman Jormsup Lochaya told Reuters. The primary period of the venture will cost 20.7 […]
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Sunseap breaks ground on 168-MW solar farm in Vietnam 8 June 8 2018 Sunseap International has today held a groundbreaking ceremony for Vietnam’s largest solar farm, a 168-MW project in Ninh Thuan province, the unit of Singaporean clean energy company Sunseap Group said. Once completed, the USD-150-million (EUR 127m) facility is expected to produce enough […]
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