Riverside Renovation – Chao Phraya promenade to start construction despite concerns Though the project has met with concerns and opposition, the Chao Phraya Riverside Promenade Project will begin construction by August, announced the Bangkok Metropolitan Administration (BMA). The issues that concerned residents have are related to the negative impact that such a large development could […]
Continue ReadingSavills Thailand establishes team specialising in hotel development Real-estate services provider Savills Thailand has launched Savills Hotels, a specialised team that will assist Thai hotel and resort owners, developers and investors through all stages of the hotel development lifecycle. The team, currently consisting of almost 30 hotel specialists across the Asia-Pacific region, has extensive hotel […]
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BSR JV secures B100bn deal to build Bangkok’s Pink and Yellow monorails The cabinet has awarded 100 billion baht in contracts for two monorail projects to BSR Joint Venture. Analysts said BSR could opt to raise funds for the projects through the Stock Exchange of Thailand (SET) instead of with loans. Nathporn Chatusripitak, an adviser […]
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Singapore Trillion Global invests over 1.6 billion baht in Singha Estate Condominium Projects Singapore company Trillion Global has invested more than 1.6 billion baht in two of Singha Estate PCL’s condominium projects In one of the latest developments that underlines foreign investors’ great confidence in Thailand’s property industry, Singapore company Trillion Global has invested more […]
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‘Death Railway’ to get a new lease on life The historic Burma Railway, better known as the Death Railway, is in dire need of a facelift. The Yangon-Mandalay rail tracks will be jointly repaired by Myanmar Railways and JICA. The Yangon-Mandalay rail tracks will be jointly repaired by Myanmar Railways and JICA. The infamous railway, […]
Continue Readingpentahotels to Enter Thailand with pentahotel Bangkok, Ploenchit, in 2020 pentahotels, the design-led and neighbourhood lifestyle brand, today announced a new management agreement with The Nest Property Company Ltd., a subsidiary of PM Group, to open the first pentahotel in Bangkok, Thailand in 2020. pentahotel Bangkok, Ploenchit, will be located in Lumpini in the central […]
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HCMC signals green light on airport Ho Chi Minh City’s People’s Committee has notified the Ministry of Construction that it agrees with the ministry’s master plan to boost capacity by up to 40% at Tan Son Nhat Airport. Local media reported that according to the master plan, Tan Son Nhat Airport would add a runway, […]
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Krabi coal power plant may postpone electricity distribution for at least 4 years The Electricity Generating Authority of Thailand (EGAT) has disclosed that Krabi coal power plant may postpone its distribution of electricity for at least four years, in order to improve the Environmental Impact Assessment (EIA) report. EGAT Project’s Assistant to Community Relations and […]
Continue ReadingQTC to build solar farm in Myanmar QTC Energy Plc, a leading MAI-listed transformer producer, plans to develop a solar farm in Myanmar by acquiring Green Earth Power Thailand Co. The first phase of the planned 220-megawatt solar farm is expected to start commercial operations by the first quarter next year. QTC’s chief executive, Poonphiphat […]
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Thailand Cabinet endorses construction of two Bangkok expressways The cabinet on Tuesday approved the Expressway and Rapid Transit Authority’s proposal to build two expressways worth 44 billion baht with funding to be raised from the public and financial institutions through Thailand Future Fund (TFF). Government spokesman Lt Gen Sansern Keawkamnerd said that the two expressways […]
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