Luxury 6-Room Hotel to Open in Hua Hin, Thailand Hotel Bocage, a new hotel with just six rooms in Hua Hin, Thailand, is scheduled to soft open late Q1 2017. Sleek open plan rooms and suites, ranging in size from 42 to 75 square meters (452 to 807 square feet), will feature a crisp colour […]
Continue ReadingLaos expands power grid and eyes biomass in renewable energy push Laos is looking to expand its power grid network and may use renewable energy to produce electricity, according to Xinhua News. The Laos government plans to install 54 more electricity transmission lines and build another 16 substations by 2020. Laos Minister of Energy and […]
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Experts downplay talk of a Bangkok property bubble Rise in land prices, not speculation, is afoot Thailand’s property market is far from being a bubble, although prices, particularly for the condominium segment, have risen significantly in the last few years, say multiple experts. Surachet Kongcheep, associate director of the research department at property consultant Colliers […]
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Bangkok’s MahaNakhon Tower receives huge cash injection from US A milestone for Thai real estate Pace Development entered into an agreement with alternative investment management firm Apollo Global Management for a stake in MahaNakhon. The US-based company will invest approximately THB 8.4 billion (USD 235 million) in Thailand’s tallest building. This investment is seen as […]
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Property sellers stress mass transit convenience Developers hope new mass transit lines will revive market but household debt, mortgage rejection continue to worry. Developers have pinned their hopes on the new mass transit lines to boost the property market, as a weak economy, high household debt and banks’ stricter mortgage rules are expected to continue […]
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Bangkok to get 14 new malls as Thailand gets the shopping bug Retail space, in particular shopping malls, will continue to grow this year, with health, beauty and pharmacy stores becoming the new retail battlefield. Fourteen retail projects will open in Bangkok and its suburbs this year, adding a total of 272,800sqm of space, said […]
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Policymakers to decide Krabi plant fate Energy policymakers will make a final decision on Feb 17 about whether the government will proceed with a plan to build a coal-fired power plant in the southern city of Krabi, says the Electricity Generating Authority of Thailand (Egat). Egat governor Kornrasit Pakchotanon said the National Energy Policy Council […]
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Egat seeking diversification Egat is seeking an amendment to run non-power businesses The Electricity Generating Authority of Thailand (Egat) is seeking a legal amendment be allowed to diversify into other segments that are expected to enhance the potential of its human resources and boost the organisation’s efficiency, says governor Kornsit Pakchotanon. Egat has requested changes […]
Continue ReadingThailand’s PTT picks Marubeni-Itochu venture to supply natural gas pipeline Thailand’s largest energy firm PTT Pcl has chosen a Marubeni and Itochu joint venture to supply a natural gas pipeline, the Thai company said on Thursday. Marubeni-Itochu, a joint venture between Japanese companies Marubeni and Itochu, won bids to supply state-controlled PTT with its fifth […]
Continue ReadingBlack & Veatch team picked for Bangkok power project A consortium of Black & Veatch, Sumitomo and ITD has won a contract to build new substations to improve the reliability of the power supply for industrial users in Bangkok, Thailand. The work is part of a series of electrical power system substation and transmission projects […]
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