To the tourists, Cambodia is mostly known for being home to the fabled city of Angkor Wat with its myriad of beautiful temples. At some point over the next twenty years, Cambodia might become famous for Angkor Hills. The project is the brainchild of Okhna Soth Sambath, a Cambodian businessman. The affable man is said […]
Continue ReadingDespite an abundant supply, Vietnam is still among the world’s most expensive place to rent offices. Ho Chi Minh City and Hanoi are ranked 19th and 21st respectively among the world’s 100 cities having the highest office rental, according to UK-based property market consultancy Knight Frank. The monthly average rentals in the southern hub and […]
Continue ReadingZinc Hospitality to bring its own brands to India Real estate company Zinc Hospitality, which holds equity in properties like Taj Safaris, Taj Asia, Hilton in New York and India Safaris, is getting its own brands to India. The company has partnered hotel management company, Bangkok-based InVision, to launch its brands – Glow Studios and […]
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By Eric Carson When mapping out plans for the construction of a billion dollar mixed-use luxury retail and residential destination as the gateway to one of the most indulgent stretches of road in the world – every decision is critical. Each detail of the specification must be carefully researched by a team of professionals well-versed […]
Continue ReadingThe Thai property market has failed to reach the same heights of foreign demand as most Asian markets, with the exception of the Bangkok boom years in the early noughties. Foreigners were responsible for 35% of sales in Bangkok’s business district before the crisis, now this figure is down to 20%. While this can partially […]
Continue ReadingSalamander Energy has signed a contract for the construction of its Bualuang Bravo Platform in Thailand. It is also hoping to complete imminently arrangements for a new debt facility. The Group’s producing assets have performed broadly to plan. During 1Q 2011 production averaged 19,434 bopd. The Group reiterates its average production forecast for 2011 of […]
Continue ReadingThe Asia/Pacific hotel development pipeline comprises 1,167 hotels totalling 291,946 rooms, according to the April 2011 STR Global Construction Pipeline Report. “Two mega cities in India, the capitals of the Philippines and Thailand, and Bali, the holiday island, are currently scheduled to see the largest expected hotel room growth compared to their existing supply of […]
Continue ReadingWhen Thailand initiated tenders back in 2008 to establish the country’s first liquefied natural gas (LNG) terminal, a host of global powerhouses threw their hats into the ring to win the $560 million project. The selection of Thailand’s PTT LNG surprised people because it was a consortium headed by GS Engineering & Construction (E&C) _ […]
Continue ReadingMissing links in Thai hub plan Thailand has long aimed to establish itself as a regional trade and investment hub, leveraging into the country’s central Southeast Asian geography and East meets West openness. While a political push and expanding regional trade has given new life to those ambitions, its not clear to most analysts Thailand […]
Continue ReadingHousing development in Thailand has remained strong, even as the Baht goes from strength to strength reports Castlewood Group; a Singapore based commercial Real Estate company. A recent survey by ‘The Nation’ revealed that the top 10 listed Thai property developers recorded presales of nearly THB4 billion between 1st January and mid March 2011. Housing […]
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