Slowing demand, strong pipeline create ‘perfect storm’ for Phuket’s hospitality market

Slowing demand, strong pipeline create ‘perfect storm’ for Phuket’s hospitality market 15 July 2019 In its “Phuket Hotel Market Update Mid-Year Edition,” consulting group C9 Hotelworks said that the island, which is part of Thailand, has a hotel development pipeline of 15,348 guestrooms set to open over the next five years, representing total supply growth […]

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Chipping away at power – Egat must re-establish a majority hold on Thailand’s national generation

Chipping away at power – Egat must re-establish a majority hold on Thailand’s national generation The ombudsman has ruled that Egat must re-establish a majority hold on national generation, but this plan may not be feasible 15 July 2019 What appeared to be a regular equity sell-off of SET-listed power utility companies on July 4 […]

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New Bt70-billion toll motorway linking Nakhon Pathom with Cha-am district in Phetchaburi province planned for 2024

New Bt70-billion toll motorway linking Nakhon Pathom with Cha-am district in Phetchaburi province planned for 2024 The Department of Highways has set a deadline of 2024 to open a new Bt70-billion toll motorway linking the Bangkok border province of Nakhon Pathom with Cha-am district in Phetchaburi province. The department has dismissed local calls for the […]

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Shanxi helps construct the new Siem Reap Angkor International Airport, will be Cambodia’s largest airport

Shanxi helps construct the new Siem Reap Angkor International Airport, will be Cambodia’s largest airport Shanxi Mechanization Construction Group recently won the bid to build two sections of the new Siem Reap Angkor International Airport project in Cambodia for 290 million yuan ($42.16 million). The existing Angkor International Airport in Siem Reap, 5 kilometers from […]

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More Bangkok property developers offer education appeal – integrating international schools into their mixed-use developments

More Bangkok property developers offer education appeal – integrating international schools into their mixed-use developments 10 July 2019 The number of international schools in Thailand has exceeded 200, the third highest in Southeast Asia as of 2018, driven by demand from Thai parents who seek culturally diverse environments for their children, according to a study. […]

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