A number of hoteliers in Phuket are selling off their properties to profit from land prices that have soared 400% in just over a decade, driven by the rapid growth in residential property. Suksit Suvunditkul, chief executive of Deevana Group, a Phuket-based hotel group, said the price of land on Patong beach had increased to […]
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New long-stay property to serve business travellers in major industrial port area InterContinental Hotels Group (IHG) has signed a management agreement to launch a new Holiday Inn on Thailand’s industrial eastern seaboard. Schedule to open in 2018, the new Holiday Inn & Suites Siracha Laemchabang will offer 300 rooms and long-stay suites, overlooking the Gulf […]
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Despite concerns about the economic outlook and residential demand in the second half, SET-listed developers will continue to launch new projects in the segments they are most confident in. Anuphong Assavabhokin, chief executive of AP (Thailand) Plc, said the economic situation in Thailand and around the globe is leading the Thai property sector into a […]
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AP (THAILAND) has targeted becoming one of the country’s top three residential developers by 2021, when it hopes to generate revenue of Bt50 billion, chief executive officer Anuphong Assavabhokhin said recently during a group interview. To achieve this business goal, the listed company has restructured its management team from a function-based approach – separated into […]
Continue ReadingSunlabob Renewable Energy Ltd., the venture-backed company specialising in renewable energy and clean water solutions, recently completed the construction and commissioning of a 90 kWp roof-mounted solar photovoltaic (PV) system at the Australia and New Zealand Banking Group’s (ANZ) main office in Vientiane, Laos. The project is the first-ever commercial grid-connected solar system in Laos. […]
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A Thai-Chinese high-speed train scheme has entered a strange phase where officials of the two countries agreed on Thursday to kick-start the construction of a short section, although they have not settled on the overall project. The joint committee on the Thai-Chinese train cooperation picked a 3.5km section in tambon Klang Dong of Nakhon Ratchasima’s […]
Continue ReadingThailand-based Solartron Pcl has formed a joint venture with Thai Polycons after it won the bid for a solar rooftop project from Tesco in Thailand. Meanwhile, Wave Entertainment Pcl is looking to exit Thai Solar Energy. SOLAR in JV for Tesco project Thai-listed Solartron Pcl (SOLAR) has formed a joint venture with Thai Polycons Pcl to run Tesco Thailand’s rooftop solar […]
Continue ReadingCPL ENERGY THAILAND was founded at the end of 2013 to provide a new offer in terms of high efficiency and advanced energy solutions for Thailand and South East Asia markets. Thanks to CPL CONCORDIA Group’s 115 years expertise, the company is able to offer the best solutions for the gas and energy industry. Thanks […]
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As a city-wide suspension on high-rise projects continues, developers in Yangon say they will have to pay penalty fees to buyers for failing to complete their projects on time and may be forced to default on their bank loans. Last month Yangon Region government ordered a construction freeze on all projects with nine floors or […]
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After going viral around world & causing great embarrassment, power pole quickly removed from footbridge. An electricity pole rising up through the stairway of a new pedestrian bridge quickly went viral on social media. After going viral and causing great embarrassment, the power pole was quickly removed from the footbridge on Monday. “Couldn’t someone get […]
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