Author: Peter Carlisle

Thailand’s Transport Minister to continue fight against Hopewell compensation award While accepting the decision of Thailand’s Supreme Administrative Court, ordering the Transport Ministry and State Railway of Thailand (SRT) to pay 24 billion baht in compensation to Hopewell Thailand, Transport Minister Saksayam Chidchob announced today (Thursday) that the Ministry will fight on, with another case […]

Tops supermarket unveils new format in Bangkok’s Central Plaza Westgate Bangkok’s Tops Market Westgate has undergone a major renovation designed to position the supermarket as the “most complete premium lifestyle supermarket in Thailand”. The revamp features six “magnet” zones introducing more than 40,000 globally sourced products and focused on meeting a broad range of target […]

Bangkok property market takes $4.8B hit The virus crisis has wiped a whopping 150 billion baht ($4.8 billion) off the value of the residential market in Bangkok and surrounding provinces, Krungthai Bank Pcl research revealed on July 16. Meanwhile, the reservation rate for new apartments and houses fell from 20 per cent in the fourth […]

End of Hopewell saga – Court rejects petition for a retrial – Thai state to pay ฿24 billion compensation The over twenty year long legal battle surrounding the Hopewell Project has come to a close after Thailand’s Supreme Administrative Court upheld the Central Administrative Court’s decision to reject a petition, by the Transport Ministry and […]