CP Group consortium pressured on Thailand’s 3-airport railway bid EEC seeks to finalise high-speed details 28 February 2019 The Eastern Economic Corridor (EEC) Office has given the CP Group-led consortium an ultimatum to conclude its financial proposal for the 224.5-billion-baht high-speed railway connecting three major airports by March 5, otherwise the state will negotiate with […]
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Thailand’s Big C to build ‘supercentre’ in Cambodia’s Poipet city Big C, a grocery and general merchandising retailer headquartered in Bangkok, will invest $6.8 million to build a store in Banteay Meanchey’s Poipet city, in the border with Thailand. The ‘supercentre’, approved by the Council for Development of Cambodia (CDC) on Feb 20, will be […]
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Owners of ‘abandoned’ Bangkok buildings told to secure premises to prevent vice and crime 26 February 2019 The owners of 39 “abandoned” buildings at 25 property development projects across the capital have been told to add lights, properly seal off the partially constructed buildings with fencing, and employ guards to patrol the compounds. The move […]
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Frasers Property associate to acquire Thai-listed developer Golden Land for $851.9m 25 February 2019 Frasers Property Limited’s indirect associated company is making a conditional voluntary tender offer (VTO) for all the issued securities of Golden Land Property Development plc for about 19.75 billion baht (S$851.9 million) in cash, subject to regulatory and shareholder approval. Frasers […]
Continue ReadingState Railway of Thailand to dust off old Airport Rail Link (ARL) maintenance plan Bid war over airport rail link continues 25 February 2019 The State Railway of Thailand is mulling a contingency plan for the maintenance and operation of the Airport Rail Link (ARL), as negotiations with private firms over a high-speed railway project […]
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Can Laos afford to be the ‘Battery of Asia’? 25 February 2019 Critics warn of hidden costs in forging ahead with more dams THE DEBATE over Laos’ strategy to become the “Battery of Asia” continues months after the deadly disaster at the Xe Pian-Xe Namnoy hydropower dam, even as the Lao government keeps building more […]
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B Grimm Power seals a Bt3.3-bn deal for Glow SPP1 co-generation asset 22 February 2019 B Grimm Power (BGRIM), one of Thailand’s top private power producers, announced in a press release on Friday the successful acquisition of Glow SPP1 co-generation asset for Bt3.3 billion. The purchase involves the 100 per cent interest of Glow SPP1 […]
Continue ReadingLivist Design Resort Pechabun, first 5 stars luxury urban design boutique resort soft opening by November 2019 in Petchabun, Northern Thailand Bangkok, Thailand. Livist Resorts Group, owned by the D Living Properties Co., Ltd, is an ultimate luxury design boutique minimalist design resorts brand revealing its first property Livist Design Resort Pechabun, the first 5 […]
Continue ReadingRanhill to export power to southern Thailand from Kedah 21 February 2019 Ranhill Holdings Bhd (Ranhill) and Thailand-based Treasure Specialty Company Ltd (TS Co) will jointly develop a 1,150 megawatt combined cycle gas turbine power plant in Kedah for power export to Southern Thailand. Upon completion, the power plant is expected to dispatch 100 per […]
Continue ReadingIconic Design Group YOO Take On Asia 22 February 2019 Renowned design London-borne design house YOO are pushing up their profile and capacity in Asia. With a new Asian HQ in Bangkok and fresh line-up, the group are looking to hone in on hotel residences, co-working spaces, restaurants and upscale living. Joining the regional team […]
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