What holds back Myanmar’s development? 16 January 2019 With the progress of China-Myanmar relations, the resumption of the Myitsone Dam project in northern Myanmar can be placed on the agenda of both parties. The Myitsone Dam is a hurdle in the way of China-Myanmar relations and an obstacle to Myanmar’s economic development and attracting foreign […]
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Hilton to open hotel in Yangon with new local partner Crown Advanced Construction 16 January 2019 Hilton Worldwide Holdings Inc recently signed an agreement with new local partner Crown Advanced Construction Co to operate a 308-room hotel in Yangon under the name Hilton Times City. The opening of the new hotel is scheduled for 2022. […]
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After three years, Myanmar’s regulations under Condominium Law firm up 17 January 2019 The Ministry of Construction has announced the formation of a management committee to oversee the implementation of regulations under the Condominium Law 2016 and Condominium Rules 2017. In the announcement on January 5, the ministry said the management committee will register new […]
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Vietnam revives $58bn high-speed north-south rail project despite cost hurdle Hanoi seeks funding plan for north-south line serving economy and unity 16 January 2019 Vietnam has resurrected a high-speed rail project intended to link the country’s north and south, but the fiscal concerns that killed the proposal earlier this decade continue to haunt government efforts […]
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Chiang Mai faces another eight year wait for Light Rail network An upbeat report by Chiang Mai News reported some “auspicious” dates for the diaries of Chiang Mai residents. But the bottom line was that people in the northern Thai city would have to wait EIGHT years until they got the first of several planned […]
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Land and Houses readies Bt10 bn for developments 17 January 2019 LAND and Houses Plc plans to invest Bt10 billion on property developments in 2019, with Bt7 billion earmarked to buy land for housing and the rest going on projects to serve the rental market. The Thai-based real estate company has 70 active projects, 42 […]
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Burmese (Myanmar) government eases condo laws to allow foreign buying 18 January 2019 THE Burmese (Myanmar) government has begun implementing laws that make it easier for foreign buyers to purchase condominiums in the country, easing strict regulations on home ownership in the Southeast Asian country. According to the Myanmar Times, the Ministry of Construction recently […]
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Bangkok Industrial Gas is to begin construction of a second H2 plant in Map Ta Phut, Rayong 16 January 2019 Bangkok Industrial Gas (BIG), a joint venture between Thai investors and Air Products and Chemicals Inc, proceeds with plans to develop a second hydrogen (H2) plant in Map Ta Phut, Rayong, in line with the […]
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Thai developer Sena Development holds back as mortgage curbs sap Bangkok’s condo boom 12 January 2019 A leading Thai residential developer is scaling back its ambitions for new projects this year, as mortgage curbs and a weaker economy dim the outlook for Bangkok’s once-booming condominium market. Sena Development Pcl expects to start marketing 13 residential […]
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Thailand Energy Ministry plans IPP bidding for 8,300MW in 2019 pipeline Energy Ministry awaiting PDP nod 11 January 2019 The Energy Ministry plans to open bidding for independent power producers (IPPs) for a combined capacity of 8,300 megawatts (MW) this year. This will be the fourth round after IPP rounds for a combined capacity of […]
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