Frasers Property injects $136.1m in mixed use development in Bangkok It will hold 19.9% in a joint venture that will invest in the project’s development. Frasers Property Holdings Thailand (FPHT) and TCC Assets Thailand (TCCAT) set up a joint venture (JV) called One Bangkok Holdings (OBH) in order to jointly acquire and develop a leasehold […]
Continue ReadingCambodia-Thailand connection construction commences Construction is now underway for the project to build Cambodia’s National Road No 5. Costing in the order of US$185 million, the project also includes building two city bypasses. Much of the funding for the project is being supplied in the shape of a loan from the Japanese Government. This 85km […]
Continue ReadingYangon mulls construction of sea port at river Plans to build an international sea port at the mouth of the Yangon River, which will be strategic for Myanmar and its neighbours, are underway, Yangon Chief Minister U Phyo Min Thein said yesterday at the meeting with Vice President held at Republic of Myanmar Federation of […]
Continue ReadingNo change in KPN Group’s plan to list its wind farm business on SET THAILAND’S conglomerate KPN Group maintains its intention to list its renewable energy business Wind Energy Holding (WEH) on the Stock Exchange of Thailand for the benefit of its minority shareholders, according to its executive committee chairman, Nop Narongdej. He added that […]
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Thailand’s Interior Ministry Launches Probe into Chiang Rai’s Controversial Giant Elephant Statue Project CHIANG RAI – Thailand’s Interior Ministry has launched a probe into a project conceived by Chiang Rai’s Municipality to build an iconic giant elephant statue on an islet in the middle of the Kok River. The controversy centers on a large tract […]
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Nai Lert injecting B3bn into hospitality British-standard butler school begins courses Nai Lert Group plans to spend 3 billion baht to invest in hotels, residences and related tourism businesses over the next three years. Naphaporn Bodiratnangkura, group managing director, said the group plans to build a tower on Wireless Road in Bangkok, consisting of a […]
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SRT eyes October launch for Chira- Khon Kaen double-track route NAKHON RATCHASIMA: The first section of a northeastern double-track railway expansion project from Nakhon Ratchasima to Khon Kaen could be open for public use by October, during test runs, State Railway of Thailand (SRT) officials say. Stretching 187km from Thanon Chira Junction railway station in […]
Continue ReadingIHG Sign Phang Nga Bay Resort InterContinental Hotels Group has inked a deal for a new 170-key resort on the island of Koh Yao Yai, near to Phuket. The project is being developed by a Thai group, Soraya Development who also own the Holiday Inn Resort and Holiday Inn Express in Krabi. One of the […]
Continue ReadingChina’s CRRC to supply Thai-Chinese joint rail project China’s state-owned CRRC Corporation Ltd (CRRC Corp) will supply tracks, electronics, machinery and locomotives for the first phase of a Thai-Chinese rail project, according to a source at the Transport Ministry. The source said the Chinese government, through its embassy in Thailand, has written to inform the […]
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Yangon provides timeline, details of new projects The Yangon Region Government will this year commence development of several new projects including the construction of two new townships and a Special Economic Zone (SEZ) in Yangon under the city’s Urban Development Master Plan. Among the projects slated for 2018 are two new townships – Kyee Myin […]
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