Sofitel loses Dalat but gains Phnom Penh in Southeast Asia

Just two-and-half years after celebrating the opening of its 300th hotel in Asia, Accor Asia Pacific celebrated earlier in 2010 its 400th property. The group forecasts to pass the 500 hotels mark by 2012. Some brand adjustments have, however, been made. Sofitel Luxury Hotel’s ambition is to become the premier French and European ambassador of […]

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Japan's Gulf JP to invest in nine gas fired power plants in Thailand

Gulf JP Co, a subsidiary of Electric Power Development Company of Japan, is preparing to invest in nine gas fired power plants in Thailand from now to 2014, with a combined generating capacity of 3000 MW. The company also plans to add another 1000 MW under the small power producer (SPP) programme, said president Sarath […]

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New Condo projects focus on three Bangkok locations

New Condo projects focus on three Bangkok locations The resurgence of Bangkoks condominium market has centred itself on three popular locations: Sukhumvit, Sathon and Phaholyothin-Aree. After delaying many new condominium projects because of political problems in the first half of this year, most leading developers are now rushing to launch new projects before the end […]

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Six Senses Resorts & Spas to set up its first property in Sri Lanka, signs JV with Aitken Spence

Six Senses Resorts & Spas will set up its first property in Sri Lanka in a joint venture with Aitken Spence conglomerate and the Favourite Group. The project, worth USD 35-40 million, will comprise a resort and spa and beach front residential villas on a 10.5-acre plot in Ahungalla, close at an existing Aitken Spence […]

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Thai Govt eyes LNG to compensate declining natural gas supply

The Ministry of Energy prepares to import liquefied natural gas (LNG) for electricity generation as the amount of natural gas available in the country is found to be on a sharp decline. Deputy Permanent Secretary for Energy Norkhun Sitthipong explained that the energy demand in Thailand over the next twenty years was expected to increase […]

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