Industries
Construction
Developers' campaigns tap stimulus
Property developers are busy introducing special marketing campaigns to cash in on the Thai government’s property stimulus measures that kicked off on 19 October. Among them are Sansiri Plc, which introduced on-top discounts for 62 residential projects nationwide that have remaining units available for sale priced from ...
Residents flee as houses sink
Subsidence affecting nine townhouses at a housing estate in Pathum Thani could have resulted from pile foundations breaking underground due to soft soil, according to an initial investigation by the Engineering Institute of Thailand on 14 October. Keep reading ...
Yangon needs 75,000 new apartments each year
Yangon will need around 75,000 new apartments to be built each year to accommodate the city’s growing population, but contractors are struggling to come anywhere close to this target. More than 330,000 people migrate to Yangon each year from elsewhere in the country, but formidable challenges ...
Wrong cost estimates in state-funded projects lead to waste, corruption: experts
Experts have warned that construction costs estimated by the government are often much higher than market prices, creating opportunities for contractors and managers to work together and pocket the extra money. Keep reading ...
Gov’t eyes ban on asbestos
Cambodia may soon join other countries in banning the import and use of asbestos, which is known to have serious health consequences, officials have said at a symposium organised by the Ministry of Labour and Union Aid Abroad, an Australian aid NGO. Speaking at the event, ...
Over sixty commercial projects shift to social housing
Sixty-two commercial-housing projects with 41,769 apartments in total has registered to be social-housing projects all over the country so far, according to the Ministry of Construction. Keep reading ...
