Winds of change – Vietnam pushes for more developments amidst growing energy demand 13 March 2019 From a new FiT policy to a different market mechanism, the country is finally opening up. Vietnam’s wind power pipeline is set to get a massive boost after UK-based developer Enterprize Energy pledged a US$12b investment to develop a […]
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SIAM PIWAT Co Ltd, Thailand’s leading mall developer, announces its five-year business plan of more than Bt70 billion in new mixed-use developments SIAM PIWAT Co Ltd, Thailand’s leading mall developer, yesterday announced its five-year business plan, which requires a new capital investment of more than Bt70 billion in new mixed-use developments. Part of the investment […]
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Chinese firm expresses interest in Vietnam North-South Expressway project The China Pacific Construction Group, a Chinese firm specializing in infrastructure investment and construction projects, has expressed interest in investing in Vietnam’s North-South Expressway project under the public-private partnership (PPP) format, reported Thanh Nien newspaper. On March 7, Deputy Minister of Transport Nguyen Van Cong held […]
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Centara on track to realizing 5-year strategic vision after securing 10 hotels in 2018 13 March 2019 Centara Hotels & Resorts, Thailand’s leading hotel operator, has revealed that it is on track to achieve its strategic vision, which includes the goal of doubling its global hotel portfolio by 2022. At present, Centara has 68 hotels […]
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Rosewood Bangkok given March 31 opening date 12 March 2019 Rosewood Hotels and Resorts will be making its debut in the Thai capital at the end of this month with the new Rosewood Bangkok slated to open on March 31, the company has announced. The new property, located on Ploenchit Road in the city’s Lumpini […]
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Bangkok’s Don Mueang airport expands to cope with increasing number of passengers Phase 3 development improvements expected to be completed by 2024 12 March 2019 Airports of Thailand’s (AOT) Don Mueang Airport General Manager Sirote Duangratana says the airport is proceeding with its Phase 3 development plan to cope with the increasing number of passengers, […]
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MJ One lines up four luxury Bangkok projects Condos, houses valued at more than B5bn 12 March 2019 MJ One Group, a property subsidiary of SET-listed developer Major Development Plc (MJD), plans to launch four luxury projects worth more than 5 billion baht as the segment has strong purchasing power amid a sluggish economy. Chief […]
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Construction of Bangkok’s Bueng Nong Bon Lake drainage tunnel to be completed in 2021 10 March 2019 The construction of the Bueng Nong Bon Lake drainage tunnel is expected to be completed in 2021 and will help mitigate flooding in four districts of Bangkok. Deputy Bangkok Governor Jakkapan Phiewngam recently viewed the progress of the […]
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Greenland Hotels Signs Pair of Deals to Manage Thai Hospitality Projects 10 March 2019 The hotel and tourism unit of Shanghai Greenland Group, one of China’s largest real estate developers, announced on March 6th that it has struck new partnerships with three Southeast Asian developers to accelerate the global expansion of its hotel management business. […]
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Egat prepares for sharp hike in Thailand’s summer power consumption 10 March 2019 The Electricity Generating Authority of Thailand (Egat) has estimated that power consumption during late April and early May would peak at 29,000 megawatts (MW), which is two per cent more than the same period last year. The agency has arranged measures to […]
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