Total & Siemens propose scaled-back Myanmar 1,230 megawatt Kanbauk LNG-to-power project 17 June 2019 YANGON — The European consortium behind a 1,230-megawatt power project in Tanintharyi Region has proposed scaling back its plans amid stalled talks with the government over financial terms. However, a senior government official told Frontier the revised proposal is unlikely to […]
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Minor Hotels introduces Avani and Oaks brands to Yangon in Myanmar 17 June 2019 Minor Hotels, a hotel owner, operator and investor, currently with a portfolio of more than 520 hotels in 53 countries, will debut its Avani and Oaks brands in Yangon, Myanmar, with the development of two hotels as part of a management […]
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CENTRAL Pattana plans more malls in region – at least two new shopping centres in Malaysia and Vietnam 18 June 2019 CENTRAL Pattana Plc, or CPN, has plans to open at least two new shopping centres in Malaysia and Vietnam “as soon as possible” after the successful opening here last week of its first Malaysian […]
Continue ReadingMercurius to buy 50% stake in Thai property developer, jointly develop Phuket resort 17 June 2019 MERCURIUS Capital Investment is looking to acquire half of a Thai private property developer, Grand Bay Hotel, for more than 335 million baht (S$14.69 million), as well as to jointly develop the Sheraton Phuket Grand Bay Resort, a resort […]
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Thailand’s three major airports High-speed rail project mired in land issues Expropriation of buildings and homes along route behind schedule 16 June 2019 The high-speed train project to link up three major airports is still mired in land expropriation and eviction problems concerning 20% of the land required for construction despite it being expected to […]
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70 million baht to be spent on adviser/designer team for Pattaya’s state of the art tram project Pattaya Watchdog reported on Thursday that Pattaya City Hall is planning on spending 70 million baht in advisory and design work on the proposed tram project that is set to transform the popular resort. This comes after reports […]
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Chinese companies to build 400 MW power plant in Cambodia Electricite Du Cambodge yesterday signed an agreement with two Chinese firms to build a power facility fueled by heavy fuel oil and liquefied natural gas that will be able to generate 400 megawatts. The facility, which will be composed of two main plants, will be […]
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Massive Chinese resort breaks ground on Cambodia’s Sihanoukville coast Hotel and entertainment complex Prince Tian Xi Wan broke ground on Thursday in Sihanoukville. The company behind the project, Chinese property conglomerate Prince Real Estate Group, hailed the development as a “new landmark in the property sector in the coast.” According to a company announcement, works […]
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Thai Cabinet okays development of Map Ta Phut port 3rd phase 12 June 2019 The cabinet has approved a development deal for the third phase of Map Ta Phut port, one of five megaprojects under the Eastern Economic Corridor (EEC) scheme. Nathporn Chatusripitak, a spokesman for Deputy Prime Minister Somkid Jatusripitak, said the cabinet approved […]
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Hopewell project’s structures hinder Bangkok’s high-speed airport link of Thailand’s major airports 12 June 2019 The unsettled Hopewell saga may now delay the construction of the high-speed train system to link up the country’s major airports, as the State Railway of Thailand (SRT) remains uncertain what to do with 288 poles left from over two […]
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