Cambodia News
The US$3.5 billion Xayaburi hydroelectric project is 60% complete. It is the first of 11 projects proposed for the Lower Mekong River in Southeast Asia as part of Laos’ plan to become the “battery of the region.” The Loa and Thailand governments began building the project in 2012 and published reports indicate it is now […]
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Prayuth Chan-Ocha, the general who runs Thailand, wants to turn once unruly border regions into zones of economic prosperity. For much of the past century, the Thai border town of Mae Sot stood on one of Asia’s wilder frontiers. On the opposite bank of the swirling, mud-brown Moei River in neighboring Myanmar, Karen insurgents waged […]
Continue ReadingFurniture makers Index Living Mall and SET-listed Modernform Group will continue to expand in Myanmar in response to rising demand from the property sector. They said their expansion plans in Myanmar will move forward as usual regardless of the outcome of the national election. Modernform assistant vice-president Tummanit Suphanochakul said the company wanted to cash in on huge […]
Continue ReadingThe Labour Ministry will seek the cabinet’s approval next week to slash visa fees for Vietnamese workers as the country grapples with a labour shortage. The visa fee for Vietnamese workers will drop from 2,000 baht to 500 baht, said ML Boondarik Smithi, permanent secretary for labour, adding the request will be lodged at the […]
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WHA plans to focus more on renewable energy, especially solar rooftop and waste-to-energy business. (Bangkok Post file photo) The country’s leading warehouse developer plans to invest more than 32 billion baht over the next five years expanding its business at home and across Southeast Asia. WHA Corp, the market leader in building bespoke warehouses for […]
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A house is built using the laminate wood panel from Leowood. (Photo supplied by the company) Driven by prospective sales growth in Vietnam, Leowood Intertrade Co, a maker of laminate flooring, will spend 50 million baht to expand production capacity by two-thirds next year. The move is aimed at achieving 2016 sales of 1 billion […]
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Infographic showing Thai-Chinese rail project showing September, 2015 start date before the delays that have plagued the project. China-Thai-Lao railways: Interest rate problems 30/10/2015 Amornrat Mahitthirook Construction of two medium speed railway routes under a Thai-Chinese agreement faces yet another delay, less than a month after the two countries pledged to speed up the project. […]
Continue Reading* Experts say condominium oversupply in a few years is possible * Singapore firms like Oxley building posh high-rise projects * Foreigners account for 60-70 pct of condominium sales * Cambodians prefer houses with land, many can’t afford flats By Prak Chan Thul and Aradhana Aravindan PHNOM PENH/SINGAPORE, Nov 3 (Reuters) – High-rise apartments are […]
Continue ReadingThe poor economic outlook has cut local purchasing power substantially, forcing building material retailers to keep prices unchanged in order to retain customers, says Nattaya Tangmitrphracha, vice-chairman of Ubonwatsadu Co. Ubonwatsadu, which operates the DoHome shops, said the property sector had felt the pinch of the gloomy outlook as most homeowners had delayed plans to […]
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Aeon (Thailand), the local operator of MaxValu supermarkets and Tanjai minimarts, has resumed its investment with a big retail project after suspending its expansion since 1997. The company will today have the soft opening of Aeon Sriracha shopping centre in Chon Buri’s Si Racha district to serve growing demand from Japanese expats working nearby. The move is […]
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