Construction
Major companies and projects
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 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 ...
Vietnam's state enterprise sector is not making money despite huge debt pileup
A recent government report has again shed light on the vulnerable situation of Vietnam’s state-owned enterprises, whose revenues rise slowly but debts pile up quickly. The combined revenues of 781 businesses owned wholly or partly by the government grew only 1 percent last year to VND1,709 ...
Low-cost housing project in Yangon struggles to secure water supply
Supplying water to the estimated 100,000 residents of a new housing development in Yangon could put supplies to the rest of the city at risk, the Myanmar government has warned. Next year, the first 6000 of the 19,600 apartments now being built in the Ayeyarwun and Yadanar ...
