Yangon office space 'more costly than Manhattan'

Sean Danley has spent the past six months scouting office space in Yangon after being sent to establish the Myanmar branch of his US-based employer. He looked in the city’s three sole 1990s-era towers, where annual rents have climbed to more than US$100 (3,100 baht) a square foot, compared with less than $75 in downtown […]

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Yangon office space ‘more costly than Manhattan’

Sean Danley has spent the past six months scouting office space in Yangon after being sent to establish the Myanmar branch of his US-based employer. He looked in the city’s three sole 1990s-era towers, where annual rents have climbed to more than US$100 (3,100 baht) a square foot, compared with less than $75 in downtown […]

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Archetype Group to Project Manage Myanmar’s Tallest Building, Diamond Inya Palace

Yangon,  Myanmar. 5 July, 2013. After only months since opening an office in Yangon, Archetype Group is proud to announce that it has signed the contract for project management services on a building that will become the tallest building in Myanmar, Diamond Inya Palace.  This contract was awarded following a successful Design Review done several […]

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Laos to Break Ground for Thai-Vietnam Railway Project

Laos is set to formally launch construction of an ambitious high-speed railway linking the country’s western border with Thailand to Vietnam in August, an official said Thursday, following the completion of a feasibility study by a Malaysian company that will construct and operate the project. A groundbreaking ceremony for the railway will be held in […]

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A brand new Centara Sappaya Design Resort Rayong in the making

Centara Sappaya Design Resort Rayong is to temporarily close from May 6, 2013 to allow full renovations and the construction of an eight-storey building that will add 30 rooms distinctively designed room to the resort along with a new Spa Cenvaree, a fitness center, another restaurant outlet, and a remodeled lobby. The projected date for reopening […]

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Better communication between governments and investors is the best way to ensure that costly projects don’t get sidelined by risk factors.

The developing Southeast Asian region has never been so attractive to investors. From the opening of Myanmar, to hydropower in Laos or the rise of Indonesia, compelling cases exist for pouring money into the region. But where there are opportunities, there are also risks and uncertainties, particularly in developing countries. Billions of dollars can go […]

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China challenges Thailand, Vietnam in Laos

Shanghai Wanfeng Group, the closely held developer of shopping malls in China, reached agreement with the Lao government in December 2011 to develop 365 hectares (2,281 rai; 900 acres) around That Luang Lake into a commercial, residential and tourist complex. Construction began Sunday, according to the Chinese official news agency Xinhua and the company’s website.

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Ministry of Transport to build Thai-Laos Bridge in Buengkarn province

The Ministry of Transport has announced a plan to construct a bridge between Beungkan province and Laos, in an effort to boost trade and logistics between Thailand and its neighbor. Following a meeting between representatives from the government and private sector, Deputy Permanent Secretary of Transport, Sornsak Sansombat, said a plan to increase bilateral trade, […]

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