Fewer deals in Bangkok as land demand dips Prices kept rising despite economic woes Slowing condo launches and extremely high land prices in inner city areas led to a year-on-year increase in land prices in Bangkok during the fourth quarter last year as it saw the lowest growth in a decade, according to property consultant […]
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Mild, asymptomatic COVID-19 cases not entitled to claim under new insurance rules in Thailand The Thai Life Assurance Association has issued new rules, which take effect on February 15th, limiting compensation claims by people infected with COVID-19. Patients who are symptomatic or who have mild symptoms being treated in hospital or in home isolation and […]
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Laos allows private firms to study building 220kV transmission line from five dams in northern Laos to Vietnam The Lao Government has given the green light for two private companies to carry out a feasibility study on the construction of a 220kV transmission line which would carry electricity from five dams in northern Laos to […]
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Second Thai-Laos friendship bridge connecting Nong Khai in northeast Thailand and the Laos capital Vientiane will house both railway and motorway Thailand is planning to build a bridge to Laos across the Mekong River for both railway and motorway. Last month, the Thai cabinet approved the project to build a second Thailand-Laos friendship bridge, connecting […]
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Construction of 3rd Songkhla Lake bridge to start next year in Thailand’s Songkhla province Construction expected to begin in 2023, be completed in 2025 and officially opened for use in 2026 SEE ALSO: Songkhla To Phatthalung By New Bridge Across Songkhla Lake A Step Closer To Reality The construction of a third bridge across Songkhla […]
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Electricity Generating Authority of Thailand to build 2nd hybrid hydro-solar power plant at Ubolratana Dam in Khon Kaen province The Electricity Generating Authority of Thailand (Egat) will build its second hybrid hydro-solar power plant at the Ubolratana Dam in Khon Kaen province, Egat deputy governor Prasertsak Cherngchawano said. Prasertsak said the solar electricity generating facility […]
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Frasers Property Thailand announces 15,613-million-baht revenue and 1,869-million-baht profit for the year 2021 Frasers Property (Thailand) Public Company Limited (FPT), a leading integrated real estate platform in Thailand, has announced its operating results for the year 2021 (January-December 2021). The Company recorded total revenue of 15,613 million baht and net profit of 1,869 million baht, […]
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Labour Ministry agrees to hike Thailand’s minimum daily wage from Baht336 (US$10.19) to a flat rate of Baht492 (US$14.92) The government is set to approve a sharp rise in the minimum wage from Bt336 to a flat rate of Bt492, according to a source with knowledge of the matter. Coming just two years after the […]
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37 infrastructure projects worth 1.49 trillion baht planned for Thailand in 2022 The Transport Ministry has announced it will invest 1.49 trillion baht on 37 projects this year. The funds will be divided among projects in two categories: 516 billion baht for 13 ongoing projects 974 billion baht for 24 new projects Meanwhile, the 24 […]
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Thailand’s Three New Motorway projects await cabinet nod The Department of Highways will propose three motorway projects worth 43.8 billion baht to the cabinet in the first quarter of this year. Department chief Sarawut Songsivilai said yesterday the first project will be the 22-kilometre extension of the Uttaraphimuk Elevated Highway, also known as the Don […]
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