Feasibility Study on the Mandalay-Kyaukphyu Railway in Myanmar to Take 18 Months Myanmar and China have agreed to complete a feasibility study within one and a half years on the Mandalay-Kyaukphyu Railway, a major part of China’s planned strategic railway linking China’s rail network in Yunnan province’s Kunming with Myanmar’s Kyaukphyu port in western Rakhine […]
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Thailand urges talks on Myanmar’s Dawei SEZ after construction setback Bang Yai-Kanchanaburi motorway soon to opened to Myanmar’s border By The Nation Thailand is keen to push forward development of Myanmar’s Dawei special economic zone (SEZ) and deep sea port, said deputy Prime Minister Supattanapong Punmeechaow on Thursday. He was speaking in his capacity as […]
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Chinese buyers bullish on purchasing Thai properties in the second half of 2021 despite challenges Despite a new wave of Covid-19 cases in Thailand, Chinese buyers are prepared to purchase Thai properties in the second half of 2021, driven by the expectation of a distribution of vaccines and the reopening of inbound tourism. Kashif Ansari, […]
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Myanmar government terminates Thai-Led Consortium’s Involvement in Dawei Mega Project Italian-Thai Development Public Co. Ltd. (ITD) received a notification of termination of its agreement The Myanmar government has terminated the involvement of a consortium led by a Thai construction company in the development of the long-delayed Dawei Special Economic Zone (SEZ), a strategic project in […]
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Thailand’s Government pledges to press on with Myanmar’s Dawei special economic zone (DSEZ) project The government remains adamant it is continuing its long-delayed Dawei special economic zone (DSEZ) project and vows to find solutions to obstacles at a tripartite meeting between Thailand, Japan and Myanmar. Deputy Prime Minister Supattanapong Punmeechaow, who is chairman of the […]
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Condo prices in Greater Bangkok continue to fall Average prices for new and resale condo supply are projected to continue falling this year as the glut of unsold condos is overwhelming, with new units added to the stockpile. Nalinrat Chareonsuphong, managing director of consultant Nexus Property Marketing Co, said average prices of new condo supply […]
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Thailand Developer Land & Houses Plc reduces launches to 12 projects, down 25% from last year SET-listed developer Land & Houses Plc (LH) scaled down its residential launches this year to 12 projects, down 25% from last year, worth a combined 20.7 billion baht. Managing director Adisorn Thananan-narapool said the company expects to have 28 […]
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Contract for Bangkok’s revised MRT Pink Line extension delayed By The Nation Transport Minister Saksayam Chidchob postponed plans to present the revised MRT Pink Line extension contract to Cabinet on Tuesday, saying it still lacked details. He added that the Mass Rapid Transit Authority of Thailand will gather more details on the two-station extension before […]
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Thailand’s Energy sector ploughs ahead Renewable power, the phasing out of fossil fuels, bureaucratic overhaul at Egat and a gradual shift to electric vehicles are on the horizon Unlike some reforms in Thailand that face hurdles because of political power plays among authorities, changes in the energy industry have no excuse for delay. With the […]
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JLL Appoints New Country Heads For Singapore and Thailand The new appointments are motivated by the company’s believe in South-east Asia “as a fast-growing region with a robust real estate sector”. Jones Lang LaSalle (JLL) has named new country heads for Singapore and Thailand, in a bid to strengthen the company’s capabilities and align with […]
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