Latest News
- 20 Apr 2019
Third runway approved for Bangkok’s Suvarnabhumi airport A PROPOSED third runway for Suvarnabhumi International Airport has cleared the final hurdle, with the Cabinet yesterday approving the Bt21.8 billion project. The construction, to be overseen by the Airports of Thailand (AOT), is scheduled to be completed in 2021. Deputy government spokesman Weerachon Sukhondhapatipak said work is scheduled to begin this year. A plan for the construction of the taxiway B2 extension, at a cost of Bt622.33 million, was dropped. That decision enabled the overall cost of the project to… Read more »
- 20 Apr 2019
Thai developers flock overseas as domestic hurdles intensify The 9GW Xekong transmission project between RATCH, B.Grimm, and Laos marks the kingdom’s increased reliance on ASEAN neighbors. When Thailand and Laos jointly unveiled the 340MW Xekong hydroelectric power project in Vientaine, the deal was lauded as a groundbreaking cross-border partnership that will supply electricity in Northeastern Thailand. But whilst the deal is positive for both Thailand and Laos, it reveals an increasing tendency among Thai power producers to seek projects overseas on the back of increasing uncertainty at home…. Read more »
- 20 Apr 2019
State Railway of Thailand eyes new city river icon in Bangkok 16 April 2019 Land along the Chao Phraya River is becoming a magnet for real estate development, with companies keen to remodel areas on both sides of the river. Much of this interest comes in the wake of last year’s opening of Iconsiam, a high-end mixed-use project which garnered a huge amount of publicity. It now seems likely that many more new projects will follow suit, with the most high-profile being the proposed “Chao Phraya Gateway”. It… Read more »
- 20 Apr 2019
Amari Pattaya returns with a new look WITH a magnificent beachfront location and lush gardens, the completely refurbished and renamed Amari Pattaya will welcome guests this month. The resort, previously named Amari Ocean Pattaya, is a springboard to Pattaya’s vibrant attractions and local culture. Positioned along the coastline on the idyllic north end of Pattaya Beach, it is located just a few minutes from the Bali Hai Pier, Pattaya’s best malls and street-side stalls. The property features modern guestrooms and luxurious suites showcasing contemporary Thai textures complimented by… Read more »
- 19 Apr 2019
Supalai upbeat on B35bn target 12 April 2019 SET-listed developer Supalai Plc remains confident of securing presales of 35 billion baht this year as targeted despite a dip in the first quarter. Managing director Tritecha Tangmatitham said the company’s plan to launch a high-value condo project in May will help boost presales in the remaining months this year. In the first quarter, Supalai recorded 6.28 billion baht in presales, down 27.1% from 8.61 billion the same period last year. The biggest drop was from condos in Greater Bangkok,… Read more »