Cambodia News
Gulf-PTT inks Eastern Economic Corridor [EEC] development deal for Thailand’s Map Ta Phut Industrial Estate phase 3 project 01 October 2019 The Industrial Estate Authority of Thailand (IEAT) signed an agreement with Gulf MTP LNG Terminal, a joint venture of Gulf Energy Development Public Co Ltd (Gulf) and PTT Tank Terminal, on Tuesday (Oct. 1) […]
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Thailand’s Centara Hotels & Resorts reveals global expansion plans Thailand’s Centara Hotels & Resorts has announced a strategic five-year development plan that will see its global portfolio grow to over 130 hotels in more than 50 countries by the end of 2022. According to the Centara’s official statement, the company will see a number of […]
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Two shopping malls to open this year in Cambodia’s Sihanoukville Sihanoukville, once a sleepy beach town that has experienced tremendous growth in recent years fueled mostly by Chinese investment, will soon boast two new shopping malls. Furi Times Square, a $10 million joint venture between Furi Real Estate and investors from Macau and Hong Kong, […]
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Thai PTT to open first petrol filling station site in Myanmar in 2020 Having set up around 300 PTT stations in Cambodia, Laos and the Philippines, PTT is focusing now on Myanmar’s market. 23 October 2019 PTT Oil and Retail Business, the retail arm of Thai energy giant PTT Group, intends to form a joint […]
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Singapore’s DBS Bank urged not to fund Vietnam’s Vung Ang 2 coal plant 18 October 2019 A future coal-fired power station in central Vietnam may soon be funded by Singapore’s DBS Bank, according to environmental groups familiar with the matter. This is despite DBS announcing in April that it will stop financing new coal-fired power […]
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Water conflict risk rising on the Mekong river China’s newly consolidated ability to stop the river’s flow to SE Asia points to an emerging new regional flashpoint The Mekong River, a waterway that originates in China and snakes through five Southeast Asian countries, is emerging as a new security flashpoint, similar in dynamic to escalating […]
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Sale of Laos coal power to Cambodia sparks environmental concerns 15 October 2019 With plans for cross-border electricity grids growing in the region, Laos is banking on hydropower exports to earn revenue. But a recent deal to also sell coal power generated in Laos to Cambodia has sparked environmental concerns over this trade. Last month, […]
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Second Thai-Myanmar Friendship Bridge to be officially opened 30 October 2019 Links Mae Sot district of Tak province and Myawaddy town in Myanmar 13 October 2019 The second Thai-Myanmar Friendship Bridge across the Moei River in Tak’s Mae Sot district will be officially opened on Oct 30, according to a press release from the Highways […]
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Surging Thai Baht Shatters Expat Dreams of Easy Retirement 04 October 2019 Thai currency is strongest performer in Asia this year Nation popular with foreign retirees but baht is hurting Brian Maxey moved to Thailand from the U.K. expecting his sterling pension to afford him an easy retirement. Instead, he’s finding it harder to […]
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Cambodia’s Sihanoukville Airport Expansion Gets Nod 16 September 2019 Cambodia’s aviation authority has approved the master plan for a new terminal at Sihanoukville airport that will expand its passenger capacity to 10 million. The expansion will be carried out in several phases, according to the approved blueprint. Phase 1 will begin early next year and […]
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