Demand for lower-end Thai condo rentals sees big jump Rental condos priced at under 15,000 baht ($480) a month in Thailand are seeing over 20 per cent in growth while there is a big drop in demand for rental units priced at above 25,000 baht, an industry executive said. Wathayut Thongphorm, managing director at Primo […]
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Japanese retailer Aeon to invest $180m in first Aeon Mall in Yangon, Myanmar Group ahead of global peers in foray into underserved SE Asian market Japanese retail group Aeon said Tuesday it would build a large commercial facility in Yangon, the biggest city in Myanmar, with an investment of $180 million, marking its first market […]
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Ratch Group to pay B1.6bn for RCO plant’s expansion in Pathum Thani Ratch Group Plc, Thailand’s biggest private power generation firm by capacity, plans to spend 1.6 billion baht to expand capacity at its wholly owned gas-fired power plant unit, Ratch Cogeneration Co (RCO). The plan, aimed at increasing capacity by 27%, has been approved […]
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Banpu to Acquire 37.6 MW El Wind Mui Dinh Wind Farm in Vietnam’s Ninh Thuan province Acquisition is Valued at $66 million Banpu Public Company Limited, a leading integrated energy solutions company in Asia-Pacific, is acquiring the 37.6 MW El Wind Mui Dinh Wind Farm. The acquisition is valued at $66 million. The El Wind Mui […]
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Proposal to ditch dual pricing for expatriates in Thailand on agenda Operators urged to target expat market The Tourism and Sports Ministry plans to propose to the prime minister the idea of ditching dual pricing at local attractions for expatriates in Thailand, as well as asking tour operators to tailor packages to this target group. […]
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First Capella Hotels and Resorts’ property opens in Thailand on Charoenkrung Road Bangkok Capella Bangkok is accepting reservations for stays from 1 October 2020 when the group officially opens its newest resort to guests. It’s the first Capella Hotels and Resorts’ property in Thailand and opens when there is a total ban on international leisure […]
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Siemens Energy will help stabilize Myanmar’s electrification backbone grid with the first Siemens 500kV outdoor GIS in ASEAN The company signed a contract with Sojitz Corporation, the prime contractor of Department of Power Transmission and System Control (DPTSC) of Myanmar, for two new turnkey 500/230kV of Phayargyi and Hlaingtharyar substations located in Yangon area. These […]
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Trat wants to join Thailand’s 3-airport rail extension – State Railway of Thailand claims proposal not really viable Trat Residents want the government to extend the high-speed rail route that will link Don Mueang, Suvarnabhumi and U-Tapao airports through their province. Trat governor, Wichian Limwangyu said the province has good potential in terms of both border […]
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43,000 new hotel rooms coming to Vietnam; 116 hotel projects currently in the pipeline Vietnam’s hotel industry remains on a solid growth trajectory despite Covid19, according to the TOPHOTELPROJECTS construction database, with new properties set to open in established destinations around the country. Their research indicates that no fewer than 116 hotels with a total […]
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BCPG announces takeover of four solar power plants in Thailand BCPG, a renewable energy business arm of Bangchak Corporation, has announced a takeover deal for four solar power plants in Thailand with a total production capacity of 20 megawatts to further expand its green energy empire. The firm recently signed a shareholders’ agreement with Eternity […]
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