Thailand’s foreign retirees see their good life slip away Surging baht and new rules dull the country’s allure for budget-minded expats From the mountains of Chiang Mai to the beaches of Phuket, Thailand has long been a draw for foreign retirees wishing to spend their golden years in tropical bliss. But for the many who […]
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Thai developer Origin Property reducing its new condo launches due to glut in the market SET-listed developer Origin Property Plc is reducing new condo launches from 16 last year to only four this year, mainly because of the enormous glut in the market. Chief executive Peerapong Jaroon-ek said supply has built up in the condo […]
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Bridge and undersea tunnel planned to boost tourism in southern Thailand Undersea tunnel linking Lanta Noi and Lanta Yai islands, bridge over Songkhla Lake linking Phatthalung and Songkhla provinces The government could spend Bt5 billion digging an undersea tunnel linking Lanta Noi and Lanta Yai islands and building a bridge over Songkhla Lake linking Phatthalung […]
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Renowned architect Kotchakorn Voraakhom plots Thailand’s secret weapon in climate change battle Bangkok’s future hangs in the balance. Rising sea levels, unchecked development, groundwater extraction, and rapid urban population growth has left millions vulnerable to natural disasters – scientists warn the city itself may not survive the century. New analysis by the Nestpick 2050 Climate […]
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Japanese retail giant Aeon Vietnam plans US$2 billion Vietnam expansion Japanese retail giant Aeon Vietnam says it will invest US$2 billion expanding its presence across the country. Aeon Vietnam opened its fifth shopping centre in the country last November, its second in the capital city Hanoi. Now, the general director of Aeonmall Vietnam, Iwamura Yasutsugu, […]
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Vietnam-based Fico JSC gets approval to build two wind power plants in Nhon Hoi Economic Zone (EZ) They are set to be completed in 2021. Vietnam-based construction firm Fico JSC has been given initial approval by Binh Dinh Economic Zone (EZ) Authority to develop two wind power plants in the Nhon Hoi EZ, according to […]
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Cambodian Wind power project deal with French-owned Blue Circle expected in 2020 The government expects to sign an agreement with French-owned Blue Circle to develop a wind farm project within the first half of the year, the director-general of the Ministry of Mines and Energy’s General Department of Energy Victor Jona said on Monday. Jona […]
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Laos implementing new measures and standards for dam safety in bid to boost overseas electricity sales The Lao Ministry of Energy and Mines is implementing new measures and standards for dam safety in a bid to boost electricity sales to Laos’ foreign trading partners. The energy market is key for Laos as the country exports […]
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Thailand Launches full rail system revamp to expand Bangkok’s rail transit system $1.3B hub station will anchor $21B upgrade The government of Thailand has committed to spending more than $21 billion to expand Bangkok’s rail transit system, anchored by a $1.3-billion hub station scheduled to open as early as next year. Intended to address the […]
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Bangkok Airways consortium ‘best’ bidder for Thailand’s U-Tapao International airport hub project A three-party consortium that includes Bangkok Airways has emerged as the bidder that made “the best offer” to develop an aviation hub at Thai airport U-Tapao International. Along with with BTS Group and Sino-Thai Engineering & Construction, the carrier submitted a joint bid […]
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