Making international news out of Malaysia, is the city of Kuala Lumpur who has put a freeze on new hotel licenses for an unspecified period. This includes all tiers from budget to luxury properties, but excludes those hotels which have obtained approval yet have not commenced construction. Meanwhile Bali Update has reported that the Indonesian […]
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AccorHotels and Avista Resort and Spa Patong Company Limited have signed an agreement for AccorHotels to manage three properties in Phuket. Two resorts will be rebranded as Novotel Phuket Kata Avista Resort and Spa and Avista Hidewaway Phuket Patong, MGallery by Sofitel 1 April. The third is the new-build Avista Grande Phuket Karon, MGallery by […]
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Energy policymakers plan to give the private sector better access to the state solar rooftop programme in a bid to promote the use of solar power. The programme for businesses will be liberalised, allowing private companies to apply for solar rooftop development licences with a combined generating capacity of 100 megawatts, said Energy Minister Anantaporn […]
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Thailand- based industrial estate developer Amata Corporation has set up a 42:58 joint venture firm with Bangkok Industrial Gas (BIG) to run industrial gases business to serve demand in industrial estates. The joint venture company, Amata Industrial Gas Co, will provide the service of industrial gases and related innovation to the factories in Amata City […]
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Xinjiang Goldwind Science & Technology (HKG:2208) leads Bloomberg New Energy Finance’s (BNEF) annual rankings of onshore wind turbine makers with 7.8 GW of capacity commissioned in 2015. This is the first time a Chinese company has ranked number one in the chart. Denmark’s Vestas Wind Systems A/S (CPH:VWS) came in second with 7.3 GW commissioned, […]
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Minor Hotel Group has formed a 50/50 joint venture with Indonesia-based PT Wijaya Karya Realty to build a USD 41.4 million resort due to open in 2019. The new-build Anantara Ubud will offer 70 units including suites and pool villas, restaurants, a bar and pool lounge. In addition, 30 Anantara branded residences will be developed […]
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AccorHotels’ opened its, Novotel Samui Resort Chaweng Beach Kandaburi, earlier this month, as the group plans expansion at more Thai beach resorts. The first Novotel on Samui island, the property is located on Chaweng Beach, a five-minute transfer by local bus to the bay’s shopping and nightlife strip and a 10- minute transfer from Samui […]
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Billed as Thailand’s first hybrid retail store, the Siam Discovery shopping centre will reopen in the second quarter of this year, sub-branded ‘the Exploratorium’. The much anticipated Siam Discovery reopening will introduce what Siam Piwat CEO Chadatip Chutrakul describes as a “a revolutionary new retail concept”. “Our role as a retailer has advanced to another […]
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Electric consumption in Myanmar is projected to rise by 15 per cent annually, meaning the country will need another 4,530 megawatts of electricity by the 2020-2021 fiscal year, said Minister for Electrical Power Khin Maung Soe. Myanmar has a total of 5,235 megawatts of electricity from hydropower plants, gas-fired power plants, diesel-fired power plants and […]
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The vast 279-rai plot owned by the State Railway of Thailand (SRT) and located behind PTT’s head office in Chatuchak district is expected to emerge as a promising location for mixed-use development. However, developers and investors said the leasehold period, traffic and mass-transit systems to support a large number of people working or living in […]
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