Vietnam’s proposed new property tax divides opinions A new property tax that authorities are considering to prevent land speculation has evoked a mixed response with developers opposing it, saying the market could be negatively impacted. After the Ministry of Finance earlier this month solicited opinions on the proposal, most analysts VnExpress spoke to supported the […]
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Pattaya’s long-debated and discussed light rail/monorail project has not been cancelled and is still in progress The Pattaya Mayor, Sonthaya Khunplume, spoke to the press this weekend about the long-debated and discussed light rail/monorail project, reassuring residents that the project had not been canceled and was still in progress. According to the Pattaya Mayor, multiple […]
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Thailand’s Non-oil energy conglomerate Banpu adds to green energy portfolio Non-oil energy conglomerate Banpu Plc paid US$14.5 million for a stake in Solar Esco Joint Stock Co, a Vietnam-based rooftop solar panel provider, as it continues to expand its renewable energy business. BRE Singapore Pte, a wholly owned subsidiary of Banpu Next Co, signed an […]
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Laos plans more expressways to improve logistics The Lao government is upgrading the country’s road network and is planning to build more expressways to improve logistics and help fulfil the goal for Laos to become a land-linked country. Deputy Minister of Public Works and Transport Lan Seng-Aphone gave a summary of the work undertaken in […]
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Thailand’s SET-listed developer Origin Property lines up 31 projects worth B42bn Company planning to spin off 3 subsidiaries SET-listed developer Origin Property Plc plans to launch 31 new residential projects worth a combined 42 billion baht and is eyeing 35 billion baht in presales and 17.5 billion baht in revenue. Chief executive Peerapong Jaroon-ek said […]
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Thailand’s Hopewell project’s long-running legal saga gets new twist Government joy as top court paves way for retrial The Supreme Administrative Court on Friday ruled in favour of the Ministry of Transport and State Railway of Thailand (SRT) request for a retrial following a 2021 ruling against them by the Central Administrative Court in the […]
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Thailand’s SET-listed Sena Development plans to branch out into warehouses, serviced apartments and asset management, while planning 49 new residential projects SET-listed Sena Development plans to branch out to warehouses, serviced apartments and asset management, while planning 49 new residential projects worth a combined 27.5 billion baht in 2022. Managing director Kessara Thanyalakpark said the […]
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AG&P Sets Sail Of Seven Modules From Philippines Facility To Sriracha Refinery In Thailand Atlantic, Gulf & Pacific Company of Manila, Inc.’s Engineering & Construction Group, a leading Engineering, Procurement, Construction, Installation and Commissioning (EPCIC) and Operations & Maintenance (O&M) specialist, exported 7 more modules in addition to the 19 modules delivered prior, from its […]
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Thailand’s SET-listed developer Sansiri banking on lower-end condos SET-listed developer Sansiri Plc will launch lower-end condo projects for sale a month before construction is completed and work with banks to ensure the transfer of units with lower mortgage loan rejections. Ongart Suwannakul, assistant executive vice-president for project development department (high rise), said this strategy can […]
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Thailand’s Prime Minister heralds phase 3 dvelopment of Rayong’s Map Ta Phut deep-sea port Prime Minister Prayut Chan-o-cha expects the third-phase development of Map Ta Phut deep-sea port to make Thailand a modern hub of water logistics, boosting investment in the Eastern Economic Corridor (EEC). “It will serve as a gate to connect trade between […]
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