Narai to launch four new projects worth B5bn in 2012

Property developer Narai Property Co Ltd, confident about the country’s economic fundamentals, will launch four new projects worth a combined 5 billion baht in the second half of this year. Assistant managing director Jainchai Limvattanakul said Thailand’s economic figures were in a good shape despite uncertain factors including politics and floods. “The economy continues to […]

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Myanmar's ambitious Dawei project faces uncertainty

Dusty roads and makeshift offices are the only hints of the ambitious $50 billion project slated for the thick jungles near Myanmar’s southern city of Dawei, billed by its developers as the “new global gateway of Indo-China”. Big questions surround the far-reaching plans by Thailand’s largest construction firm, Italian-Thai Development Pcl ITD.BK, to transform 250 […]

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Myanmar’s ambitious Dawei project faces uncertainty

Dusty roads and makeshift offices are the only hints of the ambitious $50 billion project slated for the thick jungles near Myanmar’s southern city of Dawei, billed by its developers as the “new global gateway of Indo-China”. Big questions surround the far-reaching plans by Thailand’s largest construction firm, Italian-Thai Development Pcl ITD.BK, to transform 250 […]

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Two internationally branded hotels offered for sale in Thailand

CBRE, a leading international property consultant in Thailand, has been appointed to sell two internationally branded hotel properties in two of Thailand’s most popular beach destinations: the Courtyard by Marriott Phuket at Patong Beach and the Courtyard by Marriott Hua Hin in the Gulf resort of Cha-am.  A third separate asset, the highly profitable Hard […]

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Thailand's Landbridge project to highlight new oil pipeline from Andaman Coast to the Gulf of Thailand

The Energy Ministry’s landbridge feasibility study will primarily focus on the viability of a new oil pipeline from the Andaman Coast to the Gulf of Thailand, said Energy Policy and Planning Office EPPO Director-General Suthep Liumsirijarern. He said that between the two connecting spots which could not yet be revealed, oil depots would be built. […]

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Thailand’s Landbridge project to highlight new oil pipeline from Andaman Coast to the Gulf of Thailand

The Energy Ministry’s landbridge feasibility study will primarily focus on the viability of a new oil pipeline from the Andaman Coast to the Gulf of Thailand, said Energy Policy and Planning Office EPPO Director-General Suthep Liumsirijarern. He said that between the two connecting spots which could not yet be revealed, oil depots would be built. […]

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Siemens receives its first wind power orders from Thailand

Mott MacDonald appointed on largest wind farm in south east Asia Siemens Energy has received two orders for a total of 90 wind turbines for two wind power plants in the Nakornrachasrima province in Northeastern Thailand. Purchaser for the KR2 project is K.R.Two Company Ltd.. For the FKW project, the customer is First Korat Wind […]

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Luxury home prices in Asia expected to slide further

Prices of luxury homes in eight key Asian markets are expected to slide further this year as the impact of new government cooling measures become more visible. In the latest Asia Pacific Residential Index by property consultancy firm Jones Lang LaSalle, prices of high-end homes in Hong Kong fell the most – dropping by 3.3 […]

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