Opening of 1,000km Laos-China railway approaches in in December 2021 Final ‘dynamic tests’ of the Lane Xang Electric Multiple Unit (EMU) train are being done on the Laos-China railway ahead of its opening in December. Once functional, it will be China’s first international railway, connecting Laotian capital Vientiane to Kunming, the capital of China’s Yunnan […]
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Thailand’s Yuam River Water Diversion Project Clears Major Hurdle After China Shows Interest Thailand is moving forward on a controversial and long-pondered water diversion project after the plan drew interest from a major Chinese firm, a move that could give Beijing a new outpost for its sweeping Belt and Road Initiative. Under the leadership of […]
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Charoen Pokphand Group-led consortium to take over Thailand’s Airport Rail Link services A consortium led by Charoen Pokphand Group will take over the operations of Airport Rail Link (ARL) services on Monday, according to the Department of Rail Transport (DRT). DRT’s deputy director-general Pichet Khunathamrak recently held a meeting with Asia Era One (AERA1) to […]
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The Thai Arbitration Institute Rules Amended – A Key to Quicker Dispute Resolution? By Chandler MHM Limited Introduction Arbitration is a common mechanism for alternative dispute resolution nowadays. The Thai Arbitration Institute (the “TAI”) (originally the Arbitration Office under the supervision of the Ministry of Justice) is among a handful of […]
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FLS and Rattanakorn Asset sign Joint Venture Agreement to accelerate their growth in Warehousing and Contract Logistics Services across Thailand Rattanakorn Asset and FLS recently signed a Joint Venture agreement to form FLS Supply Chain Centers, to design, build and operate specialized warehouse complexes across Thailand. The first such project will be developed in Maptaphut, […]
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88MW Ninh Thuan wind farm in Vietnam comes online Ninh Thuan is a JV between AC Energy and BIM Group Commercial operation has begun at the 88MW Ninh Thuan wind farm in Vietnam, a JV between AC Energy and BIM Group. K2 Management (K2M) worked as owner’s engineer on the final phase of a vast […]
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Thai Developer Supalai to launch four new condo projects in the fourth quarter 2021 New supply worth 5.74 billion baht SET-listed developer Supalai Plc will launch four new condo projects worth a combined 5.74 billion baht in the fourth quarter, after freezing new condo launches for over a year, with the market now recovering. Managing […]
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Bangkok’s MRT Purple Line southern extension to lift real estate investment Krungthai Compass, the business analysis arm of Thailand’s Krungthai Bank, believes the MRT Purple Line’s southern extension will attract up to 80 billion baht ($2.4 billion) in real estate investment in Bangkok’s Tao Poon-Rat Burana area. Compass executive vice-president Phacharaphot Nuntramas said the 110-billion-baht […]
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Cambodia’s construction sector investment records 24% dip in Jan-Aug 2021 Capital investment in newly-approved construction projects over the first eight months of 2021 reached $3.843 billion, contracting by 24.4 per cent year-on-year, largely as a result of the protracted Covid-19 epidemic. The Ministry of Land Management, Urban Planning and Construction greenlit 2,901 construction projects in […]
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Vietnamese property market expected to stage strong rebound following the economic reopening Vietnam’s real estate market has seen positive signs for recovery following the economic reopening, experts have said. Vietnam Real Estate Brokers Association secretary-general Nguyen Van Dinh told the conference “Vietnam Real Estate: New Normal-New Trend-New Demand” last week that in the three Covid-19 […]
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