Property developers beg Thailand’s central bank to modify loan-to-value ratio Fears grow that the slumping property market will severely affect building contractors and construction material suppliers Property developers are begging the Bank of Thailand to relax its loan-to-value (LTV) ratio measure and commercial banks to further reduce the interest rate for housing loans to save […]
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Thailand develops eco-friendly seaport model at Laem Chabang Thailand is striving to implement environmental protection and social sustainability solutions in developing the country’s major infrastructure projects, such as the development of Phase 3 of Laem Chabang Port, Thailand’s only deep-sea port. Thailand is striving to implement environmental protection and social sustainability solutions in developing the […]
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Boom anticipated for top Phuket projects Grade A residential projects in Phuket are valued at 337 billion baht and are expected to grow by 10-20% annually over five years, driven by demand from affluent buyers globally, according to C9 Hotelworks, a hospitality consultancy. Bill Barnett, managing director of C9 Hotelworks, said Phuket’s luxury properties are […]
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Thailand’s Three-airport rail plan hits another snag Some coalition partners reportedly object to revisions in contract with CP-led consortium Opposition from within the coalition government has stalled revisions to a contract to build the long-delayed high-speed rail line inking Suvarnabhumi, Don Mueang and U-tapao airports, according to a source. The source on the Eastern Economic Corridor (EEC) Policy […]
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New Thai-Cambodian border checkpoint opens in Sa Kaeo Hours at Chong Sa-ngam checkpoint in Si Sa Ket also extended Srettha Thavisin, then prime minister, follows up on construction of the Customs Immigration and Quarantine (CIQ) building at the Thai-Cambodian Friendship Bridge in tambon Tha Kham of Aranyaprathet district in Sa Kaeo on Nov 23, 2023. […]
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Bangkok’s overpass removal talks to clear way for new Orange rail line construction A woman prepares to cross the road at Bang Khun Non intersection in Bangkok on Nov 5, 2023, during heavy traffic. (File photo: Apichart Jinakul) The Mass Rapid Transit Authority of Thailand (MRTA) will speed up its discussions with the Bangkok Metropolitan […]
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Germany’s PNE seeks Vietnam partners for $4.6 bln offshore wind power project Germany-based wind energy developer PNE AG is seeking “sustainable partners” in Vietnam to deploy the $4.6 billion Hon Trau offshore wind power project in the central coastal province of Binh Dinh. PNE executive vice president Thorsten Fastenau made recommendations related to the task […]
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Vietnam invites big Chinese firm to help build $67bn North-South Railway Nguyen Ngoc Canh is vice chair of Vietnam’s public investment fund (CMSC) Vietnam has asked China’s biggest contractor to help build its North-South railway, an epic infrastructure scheme that is expected to lay 1,700km of high-speed track at a cost of $67.3bn. The invitation […]
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Thailand ranked 5th on Scrap Car Comparison’s list of the scariest countries to drive in The UK’s scrap car price comparison website conducted a survey with a sample size of 2,000 motorists from 10 countries, including the UK, US, Canada, Australia, Germany, New Zealand, South Africa, France, Italy, and Spain. Participants were asked to rate […]
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No more boarding passes: facial recognition to start in 6 Thai airports Passengers are seen queuing up at the check-in counter at Thailand’s Phuket International Airport on Oct 15. (Photo: Achadthaya Chuenniran) An automated biometric identification system using facial recognition technology will be implemented in six Thai airports later this year to let passengers show their physical ID only […]
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