Minor International Vs. Marriott International Lawsuit in Thailand Shows Risks of Hotel Chain Consolidation 9 September 2019 In a case that underscores the challenges of a global hotel chain owning so many brands in a single market, Minor International is suing Marriott International for a “highly disappointing” performance of the JW Marriott Phuket Resort & […]
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B Grimm Power alots 38.5 billion Baht till 2022 in Asean The company has earmarked the money for investment. The Nation 10 September 2019 B Grimm Power Plc has set aside more than Bt38.5 billion for investment in its power projects with the aim of achieving 5,000 megawatts by 2022, the company’s chief executive officer […]
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Thai Government seeks more funds from Beijing for three projects including Bangkok-Kunming Highway Deputy Prime Minister Jurin Laksanawisit led other Asean ministers in discussions with China on upgrading their trade partnership, aiming to obtain an additional 130 million yuan (Bt557.7 million) for three projects including a highway linking the Thai capital to Kunming in the […]
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Bangkok ranked 86th most expensive prime office rents Bangkok ranked 86th in terms of the most expensive prime office rents at Bt1,208 per square metre per month. The Thai capital was also 46th in terms of the biggest annual increase among 122 cities globally, according to the CBRE Global Prime Office Occupancy Costs 2019 report […]
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Myanmar to use US$1 billion loan for infrastructure projects 09 September 2019 Economic development, agriculture, electricity, and infrastructure projects will be the focus of a framework for loans between South Korea and Myanmar. On September 3, Union Minister for Investment and Foreign Economic Relations U Thaung Tun and South Korea’s Minister for Foreign Affairs Ms […]
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Vietnam to build $1.3 billion Chau Doc-Can Tho-Soc Trang expressway in Mekong Delta 08 September 2019 Vietnam to build $1.3 billion expressway in Mekong Delta A state-owned construction company is planning to build a 155 km (96 mile) expressway through the Mekong Delta using ODA and public funds. The Cuu Long Corporation for Investment Development […]
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Japan’s Kansai Electric’s huge Laotian Nam Ngiep 1 dam begins transmitting power ‘Second Kurobe Dam’ rivals Japan’s largest in size and beats it in performance 07 September 2019 Japan’s Kansai Electric Power began transmitting power from a newly built dam in Laos on Friday, marking the completion of a troubled project that now stands nearly […]
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Thai Transport Minister seeks to solve 137-billion-baht expressway dispute Minister seeks ways to negotiate with BEM to drop lawsuits so EXAT can avoid crippling damages 07 September 2019 Transport Minister Saksayam Chidchob will seek cabinet approval for a mandate to solve the 137-billion-baht dispute involving the expressway authority and one of its concessionaires. Earlier, a […]
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Laos’ Land-Linking Dreams – a Risky Bet? The Lao government aspires to gain centrality in the Greater Mekong Subregion via new infrastructure; but at what price? By Fabio Figiaconi 06 September 2019 The Lao government is strongly pushing ahead with different projects to better connect the country to the main transport networks of the region […]
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BGrimm Power takes big stride as regional energy player with opening of Vietnam solar energy project 07 September 2019 Two senior members of the Vietnamese Politburo – Vo Van Thurong, head of propaganda and training commission, and Nguyen Van Binh, head of the economic commission — presided over the opening of the 420 megawatt solar […]
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