Developers in Thailand require rejig to flatten prices Move to combat dip in purchasing power Residential developers should revise down unit sizes and adjust some features to keep housing prices flat in order to accommodate sluggish purchasing power after prices were pushed up by higher costs caused by the impact of the Russia-Ukraine war. Meanwhile, […]
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Krabi airport under pressure to open new passenger terminal by June 2022 Krabi tourism operators are pushing for the local airport’s third terminal to be completed by June, in order to provide far higher capacity during the high season. The third terminal was initially due to begin operations in October 2021, but the opening was […]
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Laos to develop expressway linking Houaphanh with Vietnam border The Government of Laos has agreed with contractors to conduct a feasibility study for the construction of an expressway from Houaphanh province to the border with Vietnam under an agreement signed recently, Vientiane Times reported. The Government of Laos has agreed with contractors to conduct a […]
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Thai government orders probe into 25-billion baht EEC water management bidding A water management project has been suspended amid an investigation into alleged irregularities during its bidding process. According to Government Spokesperson Thanakorn Wangboonkongchana, the Ministry of Finance has been tasked with conducting an investigation on the 25-billion baht the Eastern Economic Corridor (EEC) water […]
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Ratch Group to spend B1.72bn on gas-fired plant’s expansion in Thailand’s Pathum Thani Ratch Group Plc, Thailand’s largest private power generation company by capacity, plans to spend 1.72 billion baht to expand the capacity of a gas-fired power plant in Pathum Thani’s Nava Nakorn Industrial Promotion Zone as it moves closer to its goal of […]
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Cambodia begins construction of 1.5-bln-USD seaport in southwestern Kampot province Cambodia started to build a 1.5-billion- U.S. dollar logistics and multi-purpose seaport on Thursday in the southwestern Kampot province, aiming to enhance the kingdom’s logistics and transportation sector, officials said. Speaking at the groundbreaking ceremony in Bokor city, Deputy Prime Minister Chea Sophara, who is […]
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Fifth Lao-Thai Friendship Bridge connecting Thailand’s Bueng Kan province to Laos’ Borikhamxay province over 30% complete Construction of the fifth Lao-Thai Friendship Bridge linking Borikhamxay province to Bueng Kan province in Thailand across the Mekong River is now 32 per cent complete. The project consists of two components: the first concerns the construction of the […]
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Land prices around five of Bangkok’s rail projects see substantial increase in first quarter The land price around the SRT Light Red Line (Taling Chan-Sala Ya) project grew the most compared to other areas, the Real Estate Information Centre (REIC) reported. Land prices around five rail projects see substantial increase in first quarter It announced […]
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Cambodia’s Bakheng water plant construction proceed as planned The construction of the Bakheng Water Supply Project in the first and second phases is proceeding smoothly as planned despite the Covid-19. The construction of the first phase of the project – capacity of 195,000 cubic meter per day is now 60 percent completed while the second […]
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Section of Hua Hin dual track rail line now 99% complete, set to open in 2023 The construction of a major section of the new dual track rail line in Hua Hin is now more than 99 percent complete, the Department of Rail Transport (DRT) has announced. According to Dr Pichet Kunadhamraks, Deputy Director-General of […]
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