Cambodia News
Parkson Holdings Bhd, which last month made a S$138 million initial public offering (IPO) of its Southeast Asian unit in Singapore, is looking to expand its footprint into the Philippines, Thailand and Myanmar through acquisitions or greenfield projects as part of its plans to become one of the region’s largest department store chains. Parkson Holdings […]
Continue ReadingLittle-known island destinations are stoking investor interest in the Zen paradise of Thailand Published in 1997, Alex Garland’s bestselling novel The Beach plugged a gap in the Generation X book market with its “new age” utopia tale of a disaffected back-packer in search of an exotic hideaway untouched by the cancer of tourism. It was […]
Continue ReadingMyanmar opened a new international airport in its capital Naypyitaw Monday, with regional leaders the first to use the new facility that will handle up to 65,000 flights per year. Naypyitaw International Airport will be Myanmar’s third international facility after Mandalay and the commercial capital Yangon. The airport was developed by Burmese construction company Asia […]
Continue ReadingWinner s of the inaugural South East Asia Property Awards 2011 were announced this evening (November 30, 2011), at a glittering Gala Dinner and presentation ceremony attended by over 300 industry leaders and guests at Singapore’s Hotel Fort Canning. “The South East Asia region has some of the worlds’ most innovative and interesting property developments, […]
Continue ReadingRepresentatives from Cambodia and Thailand yesterday agreed to a 2013 completion date for a railway link from Phnom Penh across the Cambodia-Thailand border crossing at Poipet. Outdated agreements had delayed the project, Thai officials said. Insiders have also said disagreements over cross-border trade have kept the Thai side from full commitment. Cambodian delegate Vasim Sorya […]
Continue ReadingUndeterred by the recent |flood disaster, the Erawan Group is sticking with its five-year business plan to develop 14 hotels with a total of 2,800 rooms and seek to acquire properties, as well as prepare for expansion abroad as the Asean Economic Community (AEC) nears implementation in 2015. The group has just reviewed its 2011-15 […]
Continue ReadingNational rail operator KTM Bhd (KTMB) is mulling over plans to set up KTM Thailand in a bid to expand its cargo and passenger business in the land of smiles. “We had discussion early this year (with the Thai authorities), and we hope it could be set up by next year with the focus on […]
Continue ReadingBritain’s second class pensioners The paper (accessible via the link below) was prepared by the International Consortium of British Pensioners (ICBP). Its primary purpose is to provide an overview of the plight of Britain’s Second Class Pensioners who have decided to live overseas during their retirement but find that their State Pensions are frozen by […]
Continue ReadingMT Alumet sets sights on Laos MT Alumet, one of Thailand’s leading manufacturers of aluminium extrusions, is beefing up its domestic and global expansion and is set to diversify into mining and drinking water in Laos. Executive director Jainnisa Kuvinichkul says the Thai-owned company is investing 200 million baht to raise production capacity at its […]
Continue ReadingLaos wants to start construction this year on the $3.8 billion (Bt115 billion) Thai-financed Xayaburi hydropower plant on the Mekong River after changing the design of the dam to placate neighbouring countries opposed to the project. Laos completed a review of the dam recently to ease concerns in three neighbouring countries that it would harm […]
Continue Reading