Swindling Swedes with fake villa project in Thailand to be extradited

A man and a woman charged with international crimes have been arrested on an Interpol warrant in Phan Thiet City in the coastal province of Binh Thuan, the province’s Police Department has said. The Swedish couple, Lundgren Nils Goeran Lennart and Sonja Kristina Bridget Eklund Mickelsson, both 58, will be handed over to the Swedish […]

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Parkson Holdings to set up presence in Philippines, Thailand and Myanmar

Parkson Holdings Bhd, which last month made a S$138 million initial public offering (IPO) of its Southeast Asian unit in Singapore, is looking to expand its footprint into the Philippines, Thailand and Myanmar through acquisitions or greenfield projects as part of its plans to become one of the region’s largest department store chains. Parkson Holdings […]

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NEC wins Asia Pacific Gateway (APG) Submarine Cable System

NEC Corporation (NEC; TSE6701) announced the signing of a multi-million dollar supply contract with the global consortium of communications companies, including NTT Communications, KT, Chunghwa Telecom, and others, to construct the Asia Pacific Gateway (APG) system, a high-bandwidth optical submarine cable system that will link 9 countries and territories in Asia. The signing took place […]

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Expat property: time for a Thai buy

Little-known island destinations are stoking investor interest in the Zen paradise of Thailand Published in 1997, Alex Garland’s bestselling novel The Beach plugged a gap in the Generation X book market with its “new age” utopia tale of a disaffected back-packer in search of an exotic hideaway untouched by the cancer of tourism. It was […]

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Myanmar opens international airport in new capital

Myanmar opened a new international airport in its capital Naypyitaw Monday, with regional leaders the first to use the new facility that will handle up to 65,000 flights per year. Naypyitaw International Airport will be Myanmar’s third international facility after Mandalay and the commercial capital Yangon. The airport was developed by Burmese construction company Asia […]

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Vietnam's Construction projects slow to a crawl

Ninety-nine per cent of construction projects in Viet Nam have fallen behind schedule, with red tape and delayed land clearance procedures seen as leading causes for the delays, Deputy Minister of Construction Bui Pham Khanh told a seminar held here yesterday by the Federation of Civil Engineering Associations (FCEA). State-financed projects were not immune from […]

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Vietnam’s Construction projects slow to a crawl

Ninety-nine per cent of construction projects in Viet Nam have fallen behind schedule, with red tape and delayed land clearance procedures seen as leading causes for the delays, Deputy Minister of Construction Bui Pham Khanh told a seminar held here yesterday by the Federation of Civil Engineering Associations (FCEA). State-financed projects were not immune from […]

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Winners of South East Asia Property Awards announced

Winner s of the inaugural South East Asia Property Awards 2011 were announced this evening (November 30, 2011), at a glittering Gala Dinner and presentation ceremony attended by over 300 industry leaders and guests at Singapore’s Hotel Fort Canning. “The South East Asia region has some of the worlds’ most innovative and interesting property developments, […]

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Gunkul puts B60bn in Burma wind farms

Looking for partners for 1,000MW project SET-listed Gunkul Engineering Plc broadened its focus from domestic engineering contractor to invest in a Burmese wind farm worth 60 billion baht generating 1,000 megawatts. It is seeking partners interested in capturing the vast infrastructure demand in Burma to join its wind farm project. Chief executive Gunkul Dhumrongpiyawut said […]

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