Cambodia News
One of the chief financiers of hydroelectric dams planned on Burma’s Salween River is accused of investing in countries where there is “oppression and limited transparency” in order to achieve its objectives. Having been restricted in its activities at home, the Electricity Generating Authority of Thailand (EGAT) wants to use Burma and Laos as proxy […]
Continue ReadingAfter unveiling its first Myanmar property in Nay Pyi Taw, Berlin-based Kempinski Hotels AG will expand to Yangon by 2016, according to Thailand’s Siam Commercial Bank. The bank announced it was lending US$60 million to transform a heritage building in Yangon into a Kempinski Hotel. The renovation of the building will be conducted by Thai-based […]
Continue ReadingBANGKOK, 30 October 2014 (NNT) – The cabinet has approved a plan for a Thai-Cambodia railway bridge to achieve Southern Economic Corridor connectivity. In the meeting today, the cabinet approved in principle the construction of the Thai-Cambodia railway bridge as proposed by the Ministry of Transport (MOT). The MOT had proposed to the cabinet that […]
Continue ReadingStarwood Hotels & Resorts Worldwide recently announced that its global powerhouse Sheraton brand will re-enter Phuket with the signing of Sheraton Phuket Kalim Beach Resort. Scheduled to open in early 2018, the agreement with Phuket Advance Development Ltd. follows closely behind the recent announcement of the debut of the W Hotels brand in Phang Nga […]
Continue Reading03 November 2014 Construction of the Xayaburi dam on the Mekong River in Laos is almost half finished, the developer behind it has said. Prasert Marittanaporn, senior vice president of the construction firm Ch. Karnchang, told the Bangkok Post late last week that the $3.8 billion hydropower project – which conservation groups fear will have […]
Continue ReadingThis story appears in the November 3, 2014 issue of Forbes Asia. Rail lines running north from Bangkok to Chiang Mai have become so decrepit that derailments occur regularly. But plans to upgrade are also sidetracked with high frequency. So Asian transportation experts, and railway buffs everywhere, were surprised by the Thai military government’s sudden […]
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Thierry Loustau, managing director of LBL International, talks to the Post from his office in Phnom Penh on Wednesday. Eddie Morton Attracting $2.5 billion of foreign investment during the first half of this year alone, Cambodia’s construction sector has been repeatedly flagged as the next growth engine for the Kingdom’s economy. However the boom has […]
Continue ReadingWednesday, 03 September 2014 Starwood Hotels & Resorts Worldwide, Inc. has announced its world-renowned Sheraton brand will continue to expand its footprint in Thailand with the signing of Sheraton Samui Resort in Koh Samui. The agreement with TCC Hotels Group, a member of the TCC Land Group, marks the conversion of the existing 141-room Imperial […]
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Renowned Sheraton Brand Debuts in Koh Samui, Thailand’s Second Largest Island; Signifying Starwood’s Confidence In The Long-Term Growth Plan Of The Destination KOH SAMUI, Thailand–(BUSINESS WIRE)–August 25, 2014– Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) announced its world-renowned Sheraton brand will continue to expand its footprint in Thailand with the signing of Sheraton Samui Resort […]
Continue ReadingLaos halts construction project of controversial Don Sahong hydropower dam: envoy PHNOM PENH, Aug. 19 (Xinhua) — Laos has suspended the construction project of controversial 260-megawatt Don Sahong hydropower dam on the lower Mekong River following requests from other countries, newly-designated Laos ambassador to Cambodia Prasith Sayasith said Tuesday. Speaking during a meeting with Cambodian […]
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