News
Contractors association bands together with YCDC grievances
Over 500 of Yangon’s licensed building contractors met last week to debate forming an industry association, which will have a long list of policy complaints to take to Yangon City Development Committee. The city’s contractors are banding together partly in anticipation of new YCDC regulations, and ...
HCM City makes property mortgage details public
Recently the Hồ Chí Minh City Department of Natural Resources and Environment published a list of 77 apartment projects that have been registered as mortgaged at land registration offices. The list has been submitted to relevant offices in the city as well as uploaded on the ...
Yangon govt orders safety modifications to high-rise buildings under construction
Despite complaints from developers, a review committee for the construction of high-rise buildings has ordered safety modifications to 12 structures, stating that failure to follow Rangoon’s updated urban planning standards could cause harm to the city and its residents. Ye Min Oo, the review committee’s spokesperson, ...
Farmers urge region government to restart Southwest New City project
A farmers group is pressing local authorities to resurrect the controversial Southwest New City project. Though the three companies selected to build the new city were ready to proceed on the basis of approval from the outgoing Yangon Region government, the incoming National League for ...
B70bn loan offer for affordable housing
Thailand’s Finance Ministry plans to offer 70 billion baht in pre- and post-financing loans for its affordable housing scheme under the Pracha Rat (People’s State) initiative, finance permanent secretary Somchai Sujjapongse said. Of the total, 40 billion baht will be for post-financing and the remaining 30 billion ...
Low-cost homes capped at B250m
Thailand’s Treasury Department estimates that investment in each low-rise condominium project with 500 units under the government’s cheap housing scheme will not exceed 250 million baht, its chief says. Each condo unit with a 23-24-square-metre space will cost 500,000 baht, said Chakkrit Parapuntakul, director-general of the Treasury ...
Sihanoukville beach vendors’ hopes hinge on PM
About 60 business representatives from three Sihanoukville beaches gathered at Cambodian Prime Minister Hun Sen’s beachside home in Sihanoukville on 29 February, in a second attempt to deliver a petition calling on him to intervene on a government directive for them to vacate the beach. The ...
Thai Government media campaign to promote Chao Phraya project
Construction of the controversial Bt14-billion Chao Phraya Landmark project is expected to start early next year, according to a source close to the project. The source also said on 21 February that Deputy Prime Minister and Defence Minister Prawit Wongsuwan had ordered state radio and TV stations ...
Sihanoukville beach businesses take fears to assembly
More than 100 businesses from three Sihanoukville beaches hand-delivered a petition to Cambodia’s National Assembly on 18 February, calling for the prime minister to intervene in a government directive to have them evicted. Keep reading ...
Mid-term public investment need estimated at almost $495m
Vietnam’s Ministry of Construction has completed its mid-term public investment for 2016-2020 under the Law on Public Investment to submit to the Ministry of Planning and Investment. Under the plan, total public investment need for the period is estimated at nearly VND11 trillion (US$495 million), equal to ...
