Myanmar’s construction industry is forecast to record rapid growth in the next five years, at an annual average rate of 10.37%, finds a new report by Timetric’s Construction Intelligence Centre (CIC). In real terms, the industry’s value stood at US$8.2 billion in 2015, and is anticipated to value US$13.5 billion in 2020. According to the […]
Continue ReadingGlobal Edge Investment announces the company is launching the 5 star Bayside Beachfront villas in Koh Samui, Thailand. The project is located frontline at the exclusive and serene Samrong Bay. Bayside Beachfront is a unique collection of 34 modern contemporary beach front villas, each with a private infinity-edge pool and lush landscaped gardens enjoying direct […]
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A new road will soon cut the travel time and build an even stronger link between southern China and the Asean states of Thailand, Laos and Vietnam. Laos is fast becoming an important land transport link for Asean regional connectivity with southern China’s Yunnan province. Chiang Rai, up to now, has been the jumping off […]
Continue ReadingThe Tourism Authority of Thailand (TAT) is set to propose the construction of a new airport in Phang Nga province to relieve passenger congestion in Phuket airport, says TAT governor. TAT Governor Yuthasak Supasorn has revealed that the TAT will be proposing the construction of Phang Nga airport to the National Policy Committee for Tourism, […]
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JCB today unveils a fourth model to its HiViz telescopic handler range – building on the success of its high visibility, low boom pivot design. The 540-140 HiViz offers a 4,000kg maximum lift capacity with a maximum lift height of 13.47m on wheels, or 13.78m when using stabilisers. Delivering unrivalled rear and offside visibility, the […]
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Hilton Hotel Resort & Spa is undergoing a 500-million baht guest room refurbishment to ensure it stays ahead in an increasingly competitive industry. The refurbishment, which involves redecorating the beachfront hotel’s 296 rooms, is part of multibillion-baht rolling renovation programme, which includes technology upgrade, that is due to finish in 2018, said general manager Denis […]
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The Transport Ministry has unveiled a plan to expand Mae Sot Airport to better accommodate regional economic integration — the ASEAN Economic Community and the introduction of a special economic zone. Transport Minister Arkhom Termpittayapaisith, recently oversaw the official announcement of the Mae Sot Airport improvement project in Tak Province, aimed at promoting air transportation […]
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A China – Cambodia joint venture has announced a plan to build a $230 million cement factory in northwestern Cambodia’s Battambang province next month, the Phnom Penh Post reported on Friday. Battambang Conch Cement Company – a joint venture between Chinese firm Conch International Holdings (HK) and local cement company Battambang KT Cement Company – […]
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Boom times ahead for the Kingdom, but is supply meeting demand? At the tail end of 2015, Southeast Asian nations inaugurated the ASEAN Economic Community (AEC), a borderless market for commodities, services, capital, and labour between 10 of the world’s fastest-growing economies. Long seen as a laggard behind more established neighbours Thailand and Vietnam, Cambodia […]
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Airports of Thailand Pcl (AOT), the country’s main airport operator, plans to spend 194 billion baht (S$7.4 billion) over the next 15 years to expand its six airports to handle a boom in visitors, it said on Thursday. AOT’s budget was higher than a previous plan of 140 billion, mainly due to a revision to […]
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