Cambodia News
Experts are proposing a new highway linking Ratchaburi and Kamphaeng Phet provinces, western and eastern floodways, a new economic zone and an outer ring road for eastern Bangkok as solutions to flooding problems. The Strategic Committee for Reconstruction and Future Development (SCRF), chaired by Virabongsa Ramangkura, plans to seek a new economic zone for relocation […]
Continue ReadingInnovative oil refinery, storage tanks on the cards One Anametrics Intertrade will invest in a new type of oil refinery and storage tanks worth Bt12 billion in total over the next five years. Saran Nithijinda, chairman of One Anametrics and managing director of S-One Petrochemical, said yesterday that the company would invest in a Bt3-billion […]
Continue ReadingThe commercial world beats a noisy path to a former pariah’s door Burma, long an outcast nation, is starting to see the benefit of political reforms undertaken by President U Thein Sein’s government. Although it is early days, delegations of western businessmen have started to appear on the horizon, looking for opportunity. The reforms are […]
Continue ReadingThailand and Cambodia are to establish a working group to facilitate cooperation for the Stung Num hydropower plant and a coal-fired power plant on Koh Kong after both countries agreed on electricity sharing. Thailand’s Minister of Energy Pichai Naripthaphan and Minister of Foreign Affairs Surapong Tovichakchaikul were officially visiting Cambodian Prime Minister Hun Sen Thursday […]
Continue ReadingParkson Holdings Bhd, which last month made a S$138 million initial public offering (IPO) of its Southeast Asian unit in Singapore, is looking to expand its footprint into the Philippines, Thailand and Myanmar through acquisitions or greenfield projects as part of its plans to become one of the region’s largest department store chains. Parkson Holdings […]
Continue ReadingLittle-known island destinations are stoking investor interest in the Zen paradise of Thailand Published in 1997, Alex Garland’s bestselling novel The Beach plugged a gap in the Generation X book market with its “new age” utopia tale of a disaffected back-packer in search of an exotic hideaway untouched by the cancer of tourism. It was […]
Continue ReadingMyanmar opened a new international airport in its capital Naypyitaw Monday, with regional leaders the first to use the new facility that will handle up to 65,000 flights per year. Naypyitaw International Airport will be Myanmar’s third international facility after Mandalay and the commercial capital Yangon. The airport was developed by Burmese construction company Asia […]
Continue ReadingWinner s of the inaugural South East Asia Property Awards 2011 were announced this evening (November 30, 2011), at a glittering Gala Dinner and presentation ceremony attended by over 300 industry leaders and guests at Singapore’s Hotel Fort Canning. “The South East Asia region has some of the worlds’ most innovative and interesting property developments, […]
Continue ReadingRepresentatives from Cambodia and Thailand yesterday agreed to a 2013 completion date for a railway link from Phnom Penh across the Cambodia-Thailand border crossing at Poipet. Outdated agreements had delayed the project, Thai officials said. Insiders have also said disagreements over cross-border trade have kept the Thai side from full commitment. Cambodian delegate Vasim Sorya […]
Continue ReadingUndeterred by the recent |flood disaster, the Erawan Group is sticking with its five-year business plan to develop 14 hotels with a total of 2,800 rooms and seek to acquire properties, as well as prepare for expansion abroad as the Asean Economic Community (AEC) nears implementation in 2015. The group has just reviewed its 2011-15 […]
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