News

China eyes $31bn of investments in Laos border economic zone

China is eyeing total investment of more than 200 billion yuan ($31.45 billion) in 240 projects in a pilot economic zone on the border with Laos, the government of the southwestern province of Yunnan said late on 19 October. Poor and remote, Laos has traditionally been ...

Savan Vegas casino hotel in Laos up for sale

Savan Vegas Hotel and Entertainment Complex, a casino hotel in Laos, is being offered for sale via a competitive bid process, according to a press release dated 19 October. Keep reading ...

Media calls on drafting panel to ensure freedom from interference

Four media organisations have called for the media to be free from political interference, in an open letter to the Constitution Drafting Commission. In the letter submitted on 19 October, the organisations called for an assurance of limitless freedom of expression for the media including speech, ...

Canada voices interest in rail project bids

Canada has expressed interest in investing in rail systems, both in Bangkok and upcountry. This makes Canada the latest country to be drawn to the country’s infrastructure development projects.  Keep reading ...

Net widens in probe of ThaiHealth

Authorities have vowed to investigate the recipients of the Thai Health Promotion Foundation’s (ThaiHealth) funding after checks found the foundation’s budget had been misspent. The findings were based on scrutiny by the monitoring and auditing committee on fiscal expenditure and the Office of the Auditor-General, Justice Minister ...

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 ...

Vietnam's biggest company set to boost foreign ownership limit

Vietnam Dairy Products JSC is willing to raise foreign ownership in the country’s biggest company by market value to the maximum level the government would allow.   “We want to open the room by the limit allowed by the government because the investment of overseas investors will ...

Industry call to ban new flights at Suvarnabhumi

The aviation industry is calling for a ban on new flights operating through Suvarnabhumi airport to prevent further congestion. The Airline Operators Committee, a coalition of 86 international airlines and 26 aviation service providers operating at Suvarnabhumi, is urging authorities to impose the ban immediately. Keep reading ...

Sa Kaeo SEZ welcome, with reservations

Once the government has earmarked a province for a special economic zone (SEZ), theoretically it means more jobs, higher incomes and a better quality of life. But while residents of Sa Kaeo province are looking forward to their SEZ, they also have questions. Villagers want the new ...

Thai group to manage $1.5bln Vietnam resort

Thailand’s ONYX Hospitality Group has signed an agreement with Vietnam’s HB Group to manage a US$1.5-billion resort that is being built in Hoi An, local authorities announced on 18 October. Keep reading ...

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