Koh Samui airport has been scheduled to receive a major renovation that is due to start in May or April this year. The changes, designed to ease bottlenecks, are anticipated to take anywhere between 12 and 18 months. This will be the largest undertaking at the privately owned airport since the last renovation around ten […]
Continue ReadingThe Myanmar government is planning to expedite on pending public infrastructure works. While three companies have been given the go-ahead to work on Yangon development, the city’s outdated traffic light system will be upgraded at an investment of $20 million. Yangon new city project award goes to three firms Yangon South West Development Public Company, […]
Continue ReadingThai Solar Energy PCL (“TSE”; SET:TSE), a producer and distributor of solar power to the government sector, has announced financial results for the year ended December 31, 2015. Total revenue from sales and services was THB 128.9 million, an increase of THB 75.0 million, or 139.7%, on the previous year, driven by proceeds from 14 […]
Continue Reading
Diversification key to navigating downturn SET-listed contractor EMC Plc plans to launch two new condominium projects worth a combined 2 billion baht this year. The company hopes to boost revenue from its property development business to 50% from 30% last year. Kittiphun Ouiyamaphun, managing director for real estate, said EMC would focus more on property […]
Continue Reading
Vietnam’s Deputy Prime Minister, Nguyen Xuan Phuc, has ordered the Ministry of Transport and relevant agencies to make sure the design for Long Thanh International Airport’s terminal building is compatible with the overall concept for the airport. Vietnam Investment Review reported that the minister insisted the terminal design had to take into consideration the specific […]
Continue Reading
Central Group Thailand, the country’s largest retail conglomerate, plans to invest some 39 billion baht (US$1.1 billion) in new supermarkets, stores and hotels this year to boost turnover. Central is the largest mall operator in Thailand by network number and also owns department stores anchoring most of its centres. Internationally, the company owns upmarket department […]
Continue Reading
Marriott International, Inc. announced the opening of Hua Hin Marriott Resort & Spa today under the company’s iconic flagship brand Marriott Hotels. Featuring 322 rooms that combine modern design and Thai Colonial features, the resort is equipped with state-of-the-art facilities located within the serene seaside town of Hua Hin. Hua Hin Marriott Resort & Spa […]
Continue Reading
Ahead of the upcoming Sustainable Energy & Technology Asia exhibition & conference 2016, Eco-Business looks at the impact of the landmark United Nations deal on climate change on Southeast Asia’s efforts to meet its growing energy demand in a sustainable way. When almost 200 countries defied the odds to ink the first universal deal to […]
Continue Reading
Toshiba Mitsubishi-Electric Industrial Systems Corp (TMEIC) said Tuesday it has officially established a subsidiary in Thailand, aiming to take advantage of growing demand for photovoltaic (PV) equipment in the country. The new entity, called TMEIC Asia (Thailand) Co Ltd, is located in the metropolis of Bangkok. Apart from selling industrial electric equipment and systems, including […]
Continue Reading
Borey Penghuoth Group scoops the Best Developer (Cambodia) award, plus four more It’s the biggest event in Cambodian real estate, since, well, ever. Tonight the industry celebrated the best of the best of the Cambodia property sector together with a guest list that included nearly 300 of the kingdom’s top professionals and leaders such as […]
Continue Reading