Hanoi’s Metropole Closes 2010 on a High Note

The fireworks that recently erupted over Hanoi in celebration of the capital’s 1000th anniversary may well have served to herald the coronation of the Sofitel Legend Metropole Hanoi. Renowned as the country’s foremost hotel since Vietnam opened its doors to world travelers less than 20 years ago, the hotel in 2010 won a record-breaking 21 […]

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Hong Kong, Singapore are most favored among key Asian property markets: Pacific Star Group

Hong Kong and Singapore are its most favored of 11 Asian property markets, said Pacific Star Group one of Asia’s leading real estate investment houses in its press release. The Group made the conclusion in its biannual Asian Property Outlook and Strategy report. Included in the study were also Bangkok, Beijing, Delhi, Ho Chi Minh, […]

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China to Build High-speed Rail Connecting Thailand and Laos

China has signed agreements with Thailand and Laos to build high-speed railways connecting the two Southeast Asian countries. The Beijing Times reports that officials from Thailand and Laos made the disclosure on Tuesday in Beijing. During the seventh World Congress on High Speed Rail, Thailand‘s deputy prime minister, Suthep Thaugsuban, said China is cooperating on […]

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Carlson Continues Thailand Expansion with Radisson Blu Resort Hua Hin Signing

Carlson has announced the signing of an iconic, upper-upscale resort in Hua Hin, Thailand. Owned by Retreat Hua Hin Company Limited, construction of the USD 23 million, 118-room Radisson Blu Resort Hua Hin will begin immediately. The resort is expected to open by the third quarter of 2012. Earlier, Carlson announced plans to increase the […]

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Environmental groups slam Lao-French-Thai dam project

A massive hydroelectric project to be inaugurated this week would have adverse effects on the ecology of Laos and more than 100,000 Laotians, environmental and civil society groups charged Tuesday. French President Nicholas Sarkozy, Thai Prime Minister Abhisit Vejjajiva and senior World Bank and Asian Development Bank officials were expected to attend a ceremony Thursday […]

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Building of $491 million deep water port begins

Building of the US$491 million Cua Lo deep water port in central Nghe An Province started yesterday. The first phase, of the three-phase project in Nghi Thiet Commune, the Nghi Loc District, will include a wharf for 30,000-tonne vessels and another for 50,000-tonne vessels. The work is scheduled for completion in 2015. Four wharves for […]

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Thailand Aims To Amend Law To Lure Private Sector To Government Projects

Thailand‘s Ministry of Finance expects to submit a draft amendment for the Private Participation Act by April next year in an effort to encourage greater private-sector involvement in the government’s multi-billion baht infrastructure projects. Current regulations under the Private Participation Act (1992) proving to be obstacles in attracting private-sector interest are being revised and a […]

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