Laos defies neighbors on dam project: environmentalists

Laos is forging ahead with construction of a controversial $3.5 billion hydropower dam in breach of an agreement to suspend the project pending approval by ministers of neighboring countries, an environmental group said on Thursday. The Lao government has already given Thai developer Ch Karnchang the go-ahead to resume work on the Xayaburi Dam, informing […]

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Istana Phuket in Thailand Wins Best Asian Development and Architecture Award

Istana Phuket received top honours for all of Asia as Best Development (Multiple Units) Asia Pacific and Best Architecture Multiple Residence Asia Pacific. The project also won three Thailand-wide awards for Best Architecture Multiple Residence Thailand, Best Development Marketing Thailand, and Best Development (Multiple Units) Thailand. Prism Estates, developer of the Istana Phuket residential estate […]

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CBRE Thailand wins 4 Property Awards

As five-star award winners at country level, CBRE Thailand was nominated at the regional level and was subsequently awarded “Best Residential Real Estate Agency Website Asia Pacific” and “Best Property Consultancy Website Asia Pacific”. CBRE Thailand was named the winner for four categories at the country level including the top category five-star winners for “Best […]

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Review of Thailand’s foreign ownership laws should be cheered

The Joint Foreign Chambers of Commerce in Thailand (JFCCT) should be congratulated for raising the issue of foreign ownership and seeking to improve inbound real estate investment into Thailand. CB Richard Ellis (CBRE) Thailand adds our wholehearted support to a review of Thailand’s policy regarding foreign ownership. CBRE Thailand would like to state, on behalf […]

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More Thai builders turning to foam houses

Lower costs plus export opportunities Knocked-down houses made from expanded polystyrene (EPS) foam have been a small and struggling niche market for three decades but builders today are seeing brighter opportunities to expand their reach to overseas customers. The Cement Foam Design Association, a group of small and medium-sized companies, says 20 of its members […]

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Cambodia’s new foreign ownership law makes it easier for overseas nationals to buy property in Cambodia.

Fresh legislation easing restrictions on foreign ownership of property in Cambodia has led to rise in transactions which is helping the market, according to Sung Bonna, President of National Valuers Association of Cambodia (NVAC). Having undoubtedly had its appetite whet by the property success in nearby Thailand, Cambodia has introduced a new foreign ownership law […]

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Kunming-Singapore High-Speed Railway begins construction

The Kunming-Singapore High-Speed Railway began construction on April 25. The railway will shorten the travel time between Kunming and Singapore to only a little more than 10 hours in the future. The Chinese government expects the railway to be put into operation by 2020. The line, starting from Kunming, capital of Yunnan Province; passes Mohan, […]

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Thailand’s Hitachi lifts elevator, walkway production

Ten-year plan to recapture leadership Japan’s Hitachi Group will boost its local production capacity for elevators, escalators and moving sidewalks in a bid to meet growing demand both in Thailand and internationally. The long-term plan extending to 2020 is aimed at reclaiming Hitachi’s leadership position within the industry. Phornthep Phornprapha, chairman of the local joint […]

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