Sena Development turns away from condos as Thailand’s economy slows SET-listed Sena Development expects to shift focus to low-rise properties, the company’s core competency, and away from expensive high-rise condos in response to a likely economic slowdown this year. Kessara Thanyalakpark, deputy chief executive of Sena, said the company has focused primarily on condos over […]
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Thai Cabinet greenlights extension of Bangkok’s Orange MRT Line to the west The Cabinet on Tuesday (January 28) approved the route extension project of Mass Rapid Transit (MRT)’s Orange Line to western Bangkok, from the Cultural Centre to Bang Khun Non, said Deputy Government Spokesperson Traisulee Traisaranakul. “The project will cover the construction of stations […]
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Shama expands Bangkok presence with two additional locations in Phrom Phong and Yen Akat The serviced apartments brand will be present in four prime Bangkok neighbourhoods by late 2020 Bangkok – Already a fast expanding Asia-Pacific serviced apartments brand with two properties in two prime locations in Bangkok, Shama Serviced Apartments by ONYX Hospitality Group […]
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Myanmar construction ministry inks a deal with Thai firm Amata to build a US$1 billion “smart city” in northeastern Yangon The JV agreement – signed last Friday – would pave way to more than 30,000 new jobs and US$60 million in direct tax, the two sides said. The ministry’s Department of Urban and Housing Development […]
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Is digging the Kra Canal across Thailand isthmus to connect the Andaman Sea and Gulf of Thailand still a pipe dream? 8 January 2020 Whenever the Kra Canal emerges as a news headline, two standard reactions occur. First of all, there is a very strong but familiar exclamation of “again” or ‘aw-eik-leu’ (Thai for ‘again’) […]
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FPT GLOBAL assist General Electric at Tsugaru Wind Farm in Japan The multinational conglomerate General Electric employed FPT Global to supply experienced electrical and mechanical technicians for the 38 unit Tsugaru Wind Farm located in Aomori, Japan. The main scope of work consisted of clearing punch lists and assisting in accelerating the current rate of […]
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HSBC exits involvement in 1,980-megawatt Vinh Tan 3 coal power plant in Vietnam The London-headquartered bank’s cancellation of its role as financial advisor for the 1,980-megawatt Vinh Tan 3 coal power plant in Vietnam marks the latest move by a major international lender to ease off on bankrolling the fossil fuel in Asia. One of […]
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Thailand’s EEC solar energy project gets the nod with goal of becoming zero-carbon area By THE NATION The EEC development subcommittee chaired by Finance Minister Uttama Savanayana has approved the clean energy (solar) project in the Eastern Economic Corridor, EEC Policy Office secretary-general Kanit Sangsubhan said on Thursday (January 23). “This project was proposed by […]
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Cambodia’s Sihanoukville airport runway to be completed by midyear 2020 By midyear, Sihanoukville International Airport will be able to handle the land-in and take-off of long-haul aircrafts when the standard runway is extended to 3,300 metres. The completion of the runway extension coinciding with the airport seeing high year-on-year growth of passenger traffic. The extension […]
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Construction begins on flagship 48 MW near-shore wind farm in Tra Vinh province, Vietnam Climate Fund Managers (CFM), the manager of the Climate Investor One facility (CI1), is pleased to announce that construction has begun on one of its flagship projects, a 48 MW near-shore wind farm in Tra Vinh province, Vietnam. CI1’s Construction Equity […]
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