Construction

Tent-dwellers on the banks of the Ayeyarwady River in Mandalay may soon be exchanging their canvas walls for bricks and mortar, as the regional government seeks tenants for newly completed low-cost housing. The Mandalay Region government has decided not to charge would-be tenants a deposit amounting ...

Families living in huts on the bank of the Ayeyarwady River will soon be able to rent affordable housing from the city, officials say. Twenty-two six-storey housing blocks containing 1584 apartments have been built in nearby Nyaung Kwe ward in Aung Myay Thar San township. The ...

Grade-A office space in Bangkok’s central business district (CBD) will fetch a higher occupancy rate next year, say property consultants. In addition, monthly rents will increase to more than 1,000 baht a square metre due to solid demand and limited new supply. Surachet Kongcheep, associate director of research at ...

More than 40 hotels in one of the country’s prime tourist attractions cannot accept a single guest – because the authorities refuse to grant them licences. The “limbo hotels”, some of which are still under construction, are located in the protection zone declared by the Ministry of ...

The leading construction material supplier “Souvanny Home Center Public Company” is ready to be listed on the Lao Securities Exchange after receiving better than expected responses from share buyers. Souvanny sold all 25 million shares at the par value of 3,100 kip per share on 30 ...

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 ...

The governor of Ratanakkiri’s Banlung town was sued on 18 November by a local resident and army veteran for allegedly seizing construction materials and violating private property rights without a court warrant. Kory Prel, 46, who served in the army and provincial police for more than 30 ...

Prime Minister Hun Sen on 8 November took to Facebook to warn companies against “colluding with bad officials” to illegally construct buildings on public parks and sidewalks, ordering those that have already done so to dismantle them immediately. Keep reading ...

Rising temperatures and humidity due to climate change are likely to increase the number of days with unsafe “heat stress,” putting Thailand at risk of a significant drop in productivity, a research firm said on 28 October. Thailand – with three of the 50 highest-risk cities ...

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 ...