Land prices rise 10.3% in Q3 in Bangkok Developers face off with speculators Despite the collection of the land and building tax increasing to the normal rate, prices of vacant land in Greater Bangkok continued to rise, posting year-on-year growth of 10.3% in the third quarter of 2022, the highest in five quarters. Tritecha Tangmatitham, […]
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Construction sites with no nets in Cambodia face closure Phnom Penh authorities yesterday warned they would close any site which does not have proper safety nets to prevent construction material from falling on people. This measure comes after a 23-year-old man Yat Sitha was killed when a plank from an under-construction building fell on his […]
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Progress report on Bangkok’s new city rail links The Mass Rapid Transit Authority of Thailand (MRTA) has released a progress report on the construction of five new railway routes. The Orange Line project linking Thailand Cultural Centre and Min Buri is 98.3% complete, it said. The Orange Line (Eastern section) is 22.57 kilometres long. It […]
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Thailand’s construction sector expected to grow by four percent in 2022 and by five percent in 2023 The South East Asia Iron and Steel Institute (SEAISI) provided updates during its 2022 SEAISI Steel Mega Event & Expo held in Malaysia on November 14-18 regarding construction sector developments in the ASEAN region. Given the numerous challenges […]
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Thailand’s New medical treatment visa planned for Jan 1 2023 Non-MT category to promote country as regional medical hub Thailand plans to introduce a new medical treatment visa on Jan 1 to cement its position as a medical hub in the region. Deputy government spokeswoman Tipanan Sirichana said on Tuesday the new type of visa […]
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Thailand’s land ownership rules need rejig Foreign land ownership isn’t a novel issue in Thailand. During the Ayutthaya period between 1351-1767 AD, a handful of foreigners who were deemed to have made valuable contributions to the kingdom were awarded large plots of land — among whom were Constantine Phaulkon, a Greek adventurer who became a […]
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South Korean company confers on construction of the US$2.9-billion Resort Lao Complex project in Vientiane province The General Logistics Department of the Ministry of Public Security recently signed documents to grant the right for the use of state land in the Km62 area of Vientiane province for the construction of the US$2.9-billion Resort Lao Complex […]
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Bangkok aim to restore ‘Venice of the East’ title with RM770 million water transport plan A 5.5-billion-baht (RM770 million) plan to join up Bangkok’s water transport network with roads and rail stations and free the city from paralysing traffic congestion was unveiled by the government. The W-Map project will develop 40 connecting points between boat […]
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NatureWorks Selects TTCL as General Contractor for New Fully Integrated Ingeo™️ PLA Biopolymer Manufacturing Facility in Nakhon Sawan Province, Thailand NatureWorks, the world’s leading manufacturer of low-carbon polylactic acid (PLA) biopolymers made from renewable resources, has selected TTCL Public Company Limited (SET: TTCL) as the general contractor for procurement, construction, commissioning, and startup support services […]
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Selling land in Thailand to foreigners is not selling out – it’s “globalization” and normal, says academic Popular independent academic Atsadang Yommanak who has 85,000 followers on Facebook joined the debate about Thailand selling land to foreigners. Siam Rath called it an alternative viewpoint to the debate that is raging following a government U-turn on […]
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