by Teuvo Tuomi | Oct 7, 2024 | Vietnam, Economy, Ho Chi Minh, Infrastructure, News
In Ho Chi Minh City, 1,915 apartments were sold in the primary market in the third quarter, down 16% from the second, according to property consultancy Savills Vietnam. The absorption rate was 39% in the third quarter, a 2%-point decrease from the second. Mid-priced...
by Teuvo Tuomi | Oct 6, 2024 | Bangkok, Environment, Infrastructure, Lifestyle, News, Thailand, Visions
For 2024, Bangkok’s district offices aim to develop 124 kilometres of roads, install and upgrade 31,900 streetlights, set up and improve 9,500 canal lights, plant 200,000 trees, improve traffic congestion spots, and create 153 “15-minute” parks, Bangkok Governor...
by Teuvo Tuomi | Sep 19, 2024 | Vietnam, Infrastructure, News, Trade, Transportation
Foreign investors are concerned about the logistics infrastructure in Ho Chi Minh City, including congestion near the airport, seaports and on expressways Tran Anh Duc, co-head of the city’s investment & trade working group, admits that foreign business...
by Teuvo Tuomi | Sep 7, 2024 | News, Infrastructure, Investment, Singapore, Travel
The construction of Singapore’s Changi Airport Terminal 5 (T5) will start in the first half of 2025, Prime Minister Lawrence Wong confirms. The new terminal will be operational in the mid-2030s. When the mega terminal is operational, Singapore aims to be linked...
by Teuvo Tuomi | Jul 16, 2024 | ASEAN, Business, Indonesia, Infrastructure, Investment, News, Southeast Asia
President Joko “Jokowi” Widodo has signed a presidential regulation that grants investors certain rights in the Nusantara Capital City (IKN) megaproject in East Kalimantan, the future capital, including land rights of up to 190 years. The regulation stipulates that...
by Teuvo Tuomi | Jul 15, 2024 | ASEAN, China, Infrastructure, Laos, Malaysia, News, Thailand, Trade, Transportation
The Asean Express, the cargo train connecting Malaysia, Thailand, Laos, and China, has returned to Malaysia after a 14-day trip to Chongqing, China. “This is the first inbound trip; we hope that there will be more trips between the countries,” KTMB chief operating...
