An influx of foreign engineers into Myanmar’s booming construction sector has prompted the authorities to crack down on unlicensed expats. Developers are required to register foreign workers with the local council, and suspensions await those that do not abide by the rules. Both local and foreign developers have had to register their expat employees […]
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The Energy Regulatory Commission (ERC) has revoked the solar farm development licences of 19 holders who failed to start operations by June 2016. The ERC said it had initially granted licences to a total of 96 firms in 2010 without setting a deadline for beginning operations, but the military government decided to set the June […]
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Latest addition to AVANI portfolio to 16 properties across 11 countries Minor Hotels (MH) has announced the expansion of its AVANI brand in the Northeastern city of Khon Kaen in Thailand. Currently operating as Centara Hotel & Convention Centre Khon Kaen the property was rebranded to AVANI Khon Kaen Hotel & Convention Centre on July […]
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Deputy Prime Minister Gen. Prawit Wongsuwon on Thursday announced Myanmar has expresses their readiness to cooperate with Thailand to construct a new bridge to connect the two countries in Chiang Rai province. The deputy PM said there was also more progress in terms of national security issues between the two countries as Myanmar agreed to […]
Continue ReadingA listed Singapore residential and hospitality group Roxy Pacific are developing a hybrid hotel villa boutique resort in Chalong. Set to open in 2018 the property will be tagged as the Noku Roxy Phuket. Aside from Phuket the group owns an ACCOR operated property in Singapore and their first in-house branded venture has been a […]
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The Electricity Generating Authority of Thailand has confirmed it will complete six new coal-fired power plants by 2025 and boost its share of the power supply market to 50% from 37%. New Egat governor Kornrasit Pakchotanon told the press on Thursday that the agency’s market share had slipped because of increased supplies from private power […]
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A dynamic energy unique to Asia pulses through Thailand’s capital, where skyscrapers rub shoulders with slums. From his penthouse at the St. Regis Bangkok, a high-rise hotel in the city center, William Heinecke gazes down at the streets below and reflects on his expat life. The 67-year-old American-born businessman was ranked the 20th richest man […]
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Those traveling from the old and new MRT lines between Tao Poon and Bang Sue stations will have to hop on a bus for at least a year before the rails are connected. The Mass Rapid Transit Authority of Thailand said yesterday it would not be able to operate a train to serve the missing, […]
Continue ReadingThai holding company Univentures Pcl is acquiring 35 per cent stake in construction management company Stonehenge Inter Co Ltd from Hong Kong-based Trend Wealth Enterprise Ltd for 400 million baht ($11.26 million). The deal includes Trend Wealth Enterprise’s entire 350,000 shares which are being sold ten times higher than the par value of 100 baht […]
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SET-listed developer Pruksa Real Estate Plc will provide prefabricated bathroom pods for condo projects to cut construction time for high-rise buildings by half to only one year and support growth in the sector. Amornpol Thupawirote, managing director for precast, said Pruksa’s factory-made, fully fitted and plumbed bathrooms would be used for the first time at […]
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