A Chinese state-affiliated company plans to build an oil refinery near a special economic zone in Dawei, Myanmar, a development led by the Japanese and Thai governments. The move may force Japanese companies to review their plans to pursue opportunities offered by the development of the Dawei special economic zone in the southwestern Myanmar city. […]
Continue Reading
Renewable energy sources are gaining ground in Asia but making much more efficient use of conventional sources remains an important priority. Growing awareness of the impact of air pollution and global warming have been driving more investments in energy from renewable sources and moving green energy to the top of many government policy agendas. In […]
Continue Reading
Developers have announced plans to build a new tower in Dubai to surpass the Burj Khalifa, currently the world’s tallest building. Emaar Properties has not announced the height of the proposed tower, saying only that it would be “a notch” taller than the Burj Khalifa’s 828m (2,717ft). The $1bn (£710m) project is scheduled to be […]
Continue Reading
The company repositions itself to focus on catering to a market that is still in high demand In a bid to tap into a more profitable segment of the local property market, Chewathai Public Co, the Thai arm of Singapore-listed developer TEE Land, will shift its focus on the high-end and luxury sectors, The Straits […]
Continue Reading
Vingroup, the property conglomerate behind many deluxe trade centers and residential developments in Vietnam, has been honored in three categories of the reputable Asia Pacific Property Awards, given away in Malaysia this week. The Hanoi-based firm, Vietnam’s largest listed real estate developer, was given three much-coveted awards for their development of Vinhomes Central Park, Landmark […]
Continue Reading
While I was on the phone with Michael Baines, he didn’t miss a beat as he fed the roughly 80 stray dogs along his daily route in Chonburi, Thailand. He took my call not long after he woke up on what was his Saturday morning, prepared their food and drove to the first of three […]
Continue Reading
Passenger train services resumed in Cambodia on Saturday for a limited period following a 14-year suspension because of poor railway conditions. A train with nearly 200 passengers on board left Phnom Penh station at 7am for an eight-hour, 264-kilometre trip to a popular beach resort in the southwestern coastal province of Sihanoukville. John Guiry, CEO […]
Continue Reading
Four new-build Best Western Plus properties totalling 4,150 keys will include the three largest hotels in Best Western system. Best Western Hotels & Resorts announced major activity in Thailand, with the signing of the largest-ever multi-hotel agreement in the company’s storied 70-year history. The signing of an agreement with real estate developer A.D. Houses Co. […]
Continue Reading
A pause in government procurement plans is forcing Thailand’s solar players to explore new markets. Thai renewable energy developers are expanding into overseas markets while waiting for news of further procurement rounds at national level. Thai Solar Energy, for example, is reported to be looking for partners to develop up to 50 MW of PV […]
Continue Reading
Real estate consultancy firm Savills has revealed that Tokyo is the most important market in Asia today, based on the 12 Cities report covering the first half of 2016. The study, which covers residential and commercial real estate, ranks cities based on global connectivity, economic indicators, power and competitiveness. Placing fourth globally, Tokyo averages USD69,800 […]
Continue Reading