AoT injects 60bn THB into Suvarnabhumi expansion project BANGKOK, 29 September 2010 – The Airports of Thailand (AoT) is eyeing to expand the capacity of the passenger terminal at Suvarnabhumi International Airport with a 60-billion-THB budget. The project is expected to be completed in 2016.
Continue ReadingBANGKOK, 28 September 2010 – The Deputy Finance Minister reveals today that the Japanese government is willing to provide financial support to the MRT Purple line and the Chao Phraya bridge construction projects with a total investment fund of more than 8,600 million baht. Mr. Pradit Phataraprasit, the Deputy Finance Minister, has disclosed early today […]
Continue ReadingThailand‘s Ministry of Finance said Tuesday (28.09.2010) it has signed a Y23.95 billion loan agreement with Japan International Cooperation Agency to finance the construction of a bridge and an urban electric rail project.
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Phuket’s residential property market should continue to improve in line with the global economic recovery given no new political turmoil, according to new research from Knight Frank Thailand. The company believes that political stability will reinforce consumer confidence, not only for Phuket but for Thailand as a whole. Managing director Phanom Kanjanathiemthao said the economies […]
Continue ReadingBangkok’s CentralWorld, reopens today Bangkok’s CentralWorld, reopens today (28 September 2010) following a THB2,800 million (HK$560 million) reconstruction and renovation. The giant 550,000 sqm CentralWorld complex reopens with 80% of its retail space open for business, with the remainder expected to be completed in December and connecting Zen Department Store re-opening in August 2011.
Continue ReadingCB Richard Ellis (CBRE) has been named the top real estate advisor and consultancy firm at the global, regional and local level in the 2010 Euromoney Real Estate Awards. This is the fourth time that the company has won this title since Euromoney began the awards in 2005.
Continue ReadingWalkway construction joining Airport Link-BTS-MRT underway The State Railway of Thailand (SRT) is expediting the construction plan to connect the Airport Rail Link to the BTS Skytrain and the MRT Subway system.
Continue ReadingHA 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 […]
Continue ReadingChedi Phuket Changing Names As of the end of October one of Phuket’s longstanding upscale hotels The Chedi will be renamed The Surin. Last year upon the conclusion of the management agreement with Singapore based GHM hotels there was much speculation about the future of the property.
Continue ReadingVietnam’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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