News

Govt to build BKK-Ubon dual-track railway within 7 years

Transport Minister Chadchart Sittipunt is confident that the construction of the Bangkok – Ubon Ratchathani dual-track railway will be finished within 7 years, after which the people’s quality of life will be improved. The comment came after Mr. Chadchart boarded a 3rd class diesel train in Bangkok bound for Surin province in a fact-finding mission […]

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Bangkok hotel room supply up 12.1% – 6 new Bangkok hotels open first half 2013

The number of hotel rooms in Bangkok grew 12.1% year-on-year with the completion of six new hotels in the first half of 2013, lifting the total to 37,500 in downtown Bangkok, according to the latest survey by CBRE Thailand, a leading international property consultant. CBRE estimated the would be an 4,400 additional keys by the […]

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S. Korean bid wins contract to build Myanmar airport

Myanmar has picked South Korea’s state-run airport operator to build a new international hub near it’s main city, as the once-isolated nation sees booming tourist and business visitor numbers. A consortium led by the Incheon International Airport Corp (IIAC) was chosen as the preferred bidder to construct the Hanthawaddy International Airport as a second hub […]

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Thai group interested in building railroad in Mozambique

Thai group Italthai Engineering is the best positioned group to be awarded the international tender launched by Mozambique for construction of a railroad between Moatize, in Tete province and Macuse on the coast of Zambézia province, according to a report from Mozambican news agency AIM. AIM, which cites Mozambican weekly newspaper Savana, said that as […]

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Build it and they might come – A planned Thai mega-project in Myanmar runs into difficulty

THE Burmese city of Dawei lies 350 kilometres (220 miles) west of the Thai capital, Bangkok. The two are separated by a stretch of mountainous jungle and have never been connected. But over the past five years, Thailand’s biggest construction company, ItalianThai, has cut a swathe through the jungle which, once paved, will cost roughly […]

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Hansar plots Thai expansion – New boutique properties planned for Khao Yai and Gulf coast

The hotel management company, which currently operates two luxury properties in Bangkok and Koh Samui, has announced plans to launch a further three hotels in Thailand over the next 18 months. Joining the Hansar portfolio in the fourth quarter of this year will be two new boutique hotels – the 24-room Hansar Pranburi, in Thailand’s […]

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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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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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