Club Med inks B2.8bn partner deal to open new resort in Krabi PHUKET: Thailand’s Apex Development PCL this week signed an agreement with Club Med to launch an all-inclusive resort in Krabi with an investment of US$90 million (B2.86 billion). The resort, to be located on Haad Yao (“Long Beach”) some 30 kilometres south of […]
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Hopes for revival of Myanmar’s Dawei SEZ IMPLEMENTATION of the Dawei special economic zone (SEZ) has been suspended for years, but Myanmar and Thailand are still eager to revive the mega project, according to an official in Myanmar. Phyo Win Tun, minister for planning and finance at the Tanintharyi Region Government and vice-chairman-1 of the […]
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Betong Airport expected to be completed next year When it is completed next year, Betong international airport in Yala will be the catalyst for change which will turn this southernmost district in the restive Deep South to become a tourism and logistic hub for the border region. With the airport, travelling between Betong and other […]
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Yangon developer looks to cash in on loop line improvements Myanmar city plans to emulate Tokyo’s Marunouchi business district YANGON — The Japanese trains trundling along the line that loops around Myanmar’s commercial capital, Yangon, are a throwback to an earlier era and a far cry from the modern carriages that whiz through Tokyo. But […]
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Tambon Natan, Ubon Ratchathani to be site of sixth Thai-Lao Friendship bridge A committee charged with selecting the location for the sixth Thai-Lao Friendship Bridge has selected Tambon Natan in Ubon Ratchathani’s Natan district for the construction, a deputy governor said on Thursday. Ubon Ratchathani deputy governor Chalermpol Mungkung said the location was chosen because […]
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Coal backlash creates energy dilemma in Southeast Asia Environmental protests come as Thailand and Myanmar face challenge to meet power needs BANGKOK — Southeast Asian governments are finding themselves caught between pressure to meet regional power demands and backlash from citizens fearing the environmental effects of coal-fired electrical plants. How these growing economies will resolve […]
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Shining a light on Thailand’s electricity woes Opening up the power market may hold the key to more efficient, less costly delivery to consumers, writes Yuthana Praiwan The plan to open up Thailand’s power generation market comes months after the government raised eyebrows at under-performance and rampant price hikes by the Electricity Generating Authority of […]
Continue ReadingChinese demand drives construction boom in Cambodia The value of construction projects in Cambodia rose more than 22 percent to $6.4 billion in 2017 from the previous year, according to official figures released on Tuesday that showed the impact of a boom driven by Chinese investors. The Ministry of Land Management, Urban Planning and Construction […]
Continue ReadingVasari Energy Enters Vietnam Solar Power Industry Vasari Energy is poised to enter Vietnam’s solar energy market, with plans to build and operate four new projects over the next two years. “Our goal is to build, own and operate the projects, continue expanding our pipelines, and become a key energy producer in Vietnam. We are […]
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Thailand Boosts National Minimum Wage First Time Since 2013 Labor Ministry announces 5 baht to 22 baht per day increase Kasikorn Securities expects a limited impact on inflation Thailand said it will raise its minimum wage nationwide for the first time in five years, as the country’s military government tries to tackle lingering income inequality. […]
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