ADB to loan Cambodia $52mn for power grid expansion The Asian Development Bank (ADB) has approved a $52.72mn loan for Cambodia’s grid expansion project to help strengthen the country’s transmission capacity, the bank announced today. The grid expansion project is aimed at strengthening the country’s transmission network to handle growing solar and wind power to […]
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Bangkok, Chiang Mai, Chiang Rai, Lamphun and Mae Hong Son officially declared pollution control zones Bangkok, Chiang Mai, Chiang Rai, Lamphun and Mae Hong Son now designated pollution control zones to tackle air quality and environmental impact. The Royal Gazette website on Tuesday published an announcement from the National Environment Board declaring Bangkok and four […]
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Jardine Matheson Eyes Investment Opportunities in Cambodia’s Real Estate Sector In a significant move, Hong Kong-based Jardine Matheson has announced its intention to deepen its investment in Cambodia’s burgeoning real estate market. The announcement follows a recent meeting between H.E. Sun Chanthol, Deputy Prime Minister and First Vice Chairman of the Council for the Development […]
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New Bangkok condos being offered at 2015 prices Developers settling for slim margins as buyer sentiment remains weak Some new condominiums launched recently in Bangkok have been priced at levels similar to those seen a decade ago, as developers settle for slim margins to draw buyers with limited purchasing power, according to the Thai Condominium […]
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New domestic terminal at Thailand’s Trang Airport opens after delays Trang Airport has opened its new passenger terminal for domestic flights on a soft-opening basis after construction delays of more than four years. The project, valued at 1.07 billion baht, was delayed after a contractor abandoned his work. Department of Airports director-general Danai Ruengsorn said […]
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Plan for Ho Chi Minh City’s Cat Lai Bridge to boost connectivity to Long Thanh airport announced Authorities in Dong Nai Province have unveiled plans to construct the Cat Lai Bridge over the Dong Nai River, aiming to enhance connectivity between Ho Chi Minh City and Long Thanh airport. Vice Chairman Ho Van Ha stated […]
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Thailand’s Ko Samui sea-bridge project expected to reach cabinet next year The Expressway Authority of Thailand (Exat) plans to seek cabinet approval to build a bridge connecting the southern mainland and Koh Samui in late 2026, with construction to commence two years later. Exat governor Surachet Laophulsuk announced the timeline on Monday. He said the […]
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Thailand’s Floods, ‘a recurring nightmare’ Bangkok Post Opinion: George G van der Meulen & Chamniern Vorratnchaiphan Thailand has faced floods for more than a century. Some years are worse than others, but the pattern is consistent. The catastrophic 2011 floods remain the most painful reminder: according to the World Bank, they caused US$46.5 billion (1.5 […]
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Thai-China Rail Faces Fresh Delays Amid Contract, Heritage Rows The high-speed rail project linking to China, has been hit by new delays as Transport Minister Phiphat Ratchakitprakarn takes charge of stalled contracts and heritage concerns. The setbacks are adding pressure on the government to push forward with a scheme long seen as crucial for regional […]
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Bangkok office occupancy dips below 80% amid glut Rate is lowest since 2004 as ‘flight to quality’ poses challenge to owners of older buildings Occupancy in Bangkok’s office market fell below 80% for the first time since 2004 as an influx of new Grade A supply drew tenants from older towers, forcing landlords to cut […]
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