Author: Peter Carlisle

Chirathivat family’s CG Capital Advisory allots B10bn to fuel investments in hospitality and real estate Venture teams up with institutional investors CG Capital Advisory, a private equity fund belonging to the Chirathivat family, is commencing its operations with 10 billion baht in funds, targeting hospitality and real estate investments as the tourism sector continues to […]

Bangkok condo prices rise amid year-long surge Condo prices in Bangkok have continued to rise, with lower Sukhumvit experiencing the highest increase, while those in neighbouring provinces dropped, primarily due to the large number of remaining unsold units. Vichai Viratkapan, acting director-general of the Real Estate Information Center (REIC), said there had been a year-on-year […]

Construction giant Italian-Thai Development adds to Thailand’s corporate debt woes Bond market tries to ease contagion concerns, with total $25.4 billion due this year Bangkok-listed construction giant Italian-Thai Development will on Wednesday ask bondholders to delay debenture payments for two years, becoming the latest Thai company to suffer debt problems amid high interest rates and […]

Rail transport saw 40% increase in commuters, mostly in and around Bangkok Thailand’s rail transport network saw a 40 per cent increase in use by the public in 2023, the Department of Rail Transport reported on Friday. Commuters from Bangkok’s metropolitan areas were the biggest users, accounting for 94.97% of total, while only 5.03% came […]

Bangkok’s The Forestias by MQDC gears Up for completion, welcoming Residents in 2024 MQDC, the leading property developer, announced that construction of its “The Forestias” forest district is near completion, with all the new neighbourhood’s residential projects now over 70% finished. Whizdom Destinia and Mytopia are already complete and are currently ready to be gradually […]

Thailand’s land bridge project public hearings held in Chumphon and Ranong People in the southern provinces of Ranong and Chumphon are divided over the controversial land bridge project, with the business sector and most local community leaders in favour, while civic groups, coastal fishermen, durian and oil palm growers have expressed concerns over its potential […]

New Bangkok bus terminal set for Bang Sue area The Transport Ministry is working on a project to construct a new Bangkok Bus Terminal in the Bang Sue vicinity, close to the Krung Thep Aphiwat Central Terminal. This decision came to light during a House debate over the 2024 fiscal budget, where Transport Minister Suriya […]