Latest News
- 25 Apr 2019
Thai Government seeks talks with Hopewell over courts Baht 11.88 billion compensation award 23 April 2019 The government said yesterday that it would consider negotiating with Hopewell (Thailand) Co to settle the Bt11.88 billion compensation awarded by the Supreme Administrative Court. The court upheld an arbitration committee’s ruling in favour of Hopewell whose concession contract for a Bt80-billion elevated road and rail project in Bangkok was scrapped in 1998. Deputy Prime Minister Wissanu Krau-ngam said negotiations could lead to a lower compensation amount, as the court’s verdict against… Read more »
- 25 Apr 2019
Cambodian-Thailand railroad opens between Aranyaprathet and Poipet city 22 April 2019 The railroad networks in Cambodia and Thailand will be officially connected today in a ceremony presided over by the countries’ prime ministers. The Stung Bot-Ban Nong Ing Friedship Bridge will be inaugurated during the ceremony, which will also see the handing over of a diesel-powered train to Cambodia. The diesel multiple unit (DMU) is a donation from Thailand. A DMU is a multiple-unit train powered by on-board diesel engines, which requires no separate locomotive. The DMU has… Read more »
- 24 Apr 2019
Bang Sue-Tao Poon location becomes the latest destination for Bangkok’s residential property developers 22 April 2019 The State Railway of Thailand’s project at Bang Sue is spearheading a massive transport, residential, commercial development that will forever change the station’s district and north Bangkok The Bang SueTao Poon location has become the latest destination for residential property developers in view of the State Railway of Thailand’s (SRT) master plan to develop the Bang Sue Grand Station into a mixed-use complex. Private sector bids will be called to turn the… Read more »
- 24 Apr 2019
Bangkok’s New Luxury Hotels Break The US$300 Glass Ceiling 21 April 2019 For hotel owners and operators one in Southeast Asia, one of the great mysteries of the past decade has been the low rate profile of Bangkok’s luxury hotel set. Despite soaring sustained tourism growth, rising airlift and a strong economic profile, rates at Bangkok’s top tier properties have remained fairly stagnant. Have we reached the tipping point? I had had the opportunity to visit the latest entry to the Bangkok luxury class a few days ago,… Read more »
- 24 Apr 2019
BCPG finalises solar roof system plans for Thailand residential projects 19 April 2019 BCPG, the renewable power arm of Bangchak Corporation, has completed an agreement with property developer SC Asset to design, install and manage a solar roof system with blockchain technology for local residential projects. BCPG plans to launch Sun Share in the fourth quarter of 2019, with SC Asset’s Neighborhood Bangkadi, a townhouse and single-detached house project in Pathum Thani, serving as the pilot project for this plan. The Neighborhood Bangkadi consists of seven residential projects… Read more »