Lao PDR’s Pakse Airport ready for service

Lao PDR’s Pakse Airport is now ready to offer services to support a range of mid-sized aircraft of about 150 seats thanks to the Thai government which has been providing financial support to its landlocked neighbour, the Lao PDR, in an attempt to expand transportation routes and other related projects. The airport upgrade in the […]

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Sofitel loses Dalat but gains Phnom Penh in Southeast Asia

Just two-and-half years after celebrating the opening of its 300th hotel in Asia, Accor Asia Pacific celebrated earlier in 2010 its 400th property. The group forecasts to pass the 500 hotels mark by 2012. Some brand adjustments have, however, been made. Sofitel Luxury Hotel’s ambition is to become the premier French and European ambassador of […]

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Six Senses Resorts & Spas to set up its first property in Sri Lanka, signs JV with Aitken Spence

Six Senses Resorts & Spas will set up its first property in Sri Lanka in a joint venture with Aitken Spence conglomerate and the Favourite Group. The project, worth USD 35-40 million, will comprise a resort and spa and beach front residential villas on a 10.5-acre plot in Ahungalla, close at an existing Aitken Spence […]

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Power plants create opportunities

HA NOI — Viet Nam will have a large market for domestic equipment manufacturing with the planned development of 70 coal-fired power plants within the next 15 years, according to mechanical engineering experts. Under the national electricity development plan for 2006-15, more than 40 coal-fired power plants with capacity of 600MW or more will be […]

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Vietnam's capital, Hanoi, starts work on its first rail line

Vietnam’s capital, Hanoi, starts work on its first rail line HANOI, Vietnam – State media are reporting that Vietnam‘s capital has begun work on its first rail line. The Vietnam News said Monday that the 7.8-mile (12.5-kilometre) line will connect the fast-growing western part of Hanoi with the central train station. It will cost $1 […]

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Vietnam’s capital, Hanoi, starts work on its first rail line

Vietnam’s capital, Hanoi, starts work on its first rail line HANOI, Vietnam – State media are reporting that Vietnam‘s capital has begun work on its first rail line. The Vietnam News said Monday that the 7.8-mile (12.5-kilometre) line will connect the fast-growing western part of Hanoi with the central train station. It will cost $1 […]

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International Chain Takes Over West Sands

Mai Khao’s West Sands destination resort has entered into a hotel management agreement with Singapore‘s Ariva Hospitality. Industry veterans Cameron Ong (ex Ascott CEO) and Jean-Claude Erne head the new brand which has quickly grown to 8 properties in the region including China and Vietnam. Their development pipeline includes expansion into the Philippines and Middle […]

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Appointment of CBRE Indochina to sell JSM Indochina’s property portfolio

Appointment of CBRE Indochina to sell JSM Indochina’s property portfolio 20 September 2010 – The Board of JSM Indochina Limited (AIM: JSM.L) is pleased to announce that CB Richard Ellis (CBRE) has been appointed to sell the property portfolio owned by JSM Indochina Ltd , comprising assets in Ho Chi Minh City, Vietnam, and Phnom […]

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Mong Reththy to build 32M Cooking oil plant

Mong Reththy to build 32M Cooking oil plant Agricultural investment firm Mong Reththy Group and an unnamed Thai company have agreed to invest US$32 million in a joint venture to build Cambodia’s first cooking-oil plant. Mong Reththy, senator and head of Mong Reththy Group, said yesterday that an agreement had been made, and that the […]

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