Bangkok-Chon Buri plan ‘flawed’, expert says – Calls for revamp of new motorway blueprint 17 September 2018 The Ministry of Transport should revise the design of the elevated six-lane road on the Bangkok-Chon Buri motorway to reduce costs, construction time, pollution and land expropriation, an academic at King Mongkut’s Institute of Technology Ladkrabang (KMITL) says. […]
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Travelodge expands in Thailand with Phuket property 17 September 2018 The UK-based hotel operator, Travelodge, has announced the third property of its brand in Thailand, scheduled to open for business in 2020. Making a debut in the country’s largest islands and one of its most popular destinations, Travelodge Phuket Town will provide 159 rooms featuring […]
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Thailand’s Supreme court invalidates ruling on Mae Mo fossil terrace 14 September 2018 Decision a setback for environmentalists and locals fighting EGAT mining activities THE SUPREME Administrative Court has overturned a 2007 lower court ruling that had protected the pond-snail fossil terrace in Lampang province. The decision came as a big blow to locals and […]
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Thailand’s CPN buys out listed property developer GLAND for $616m 14 September 2018 Thai retail developer Central Pattana Pcl (CPN) has said it will acquire listed property player Grand Canal Land (GLAND) for 20.14 billion baht ($616.63 million), according to its filing to the Stock Exchange of Thailand on Wednesday. The company has, through its […]
Continue ReadingMitsubishi Corporation to Establish Joint Venture for Urban Development Projects in Asia Mitsubishi Corporation (MC) is pleased to announce that it has reached an agreement with Surbana Jurong (SJ) to establish a new joint venture. SJ is a wholly owned subsidiary of Temasek Holdings, a Singapore government affiliated investment company. The new joint venture will […]
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Bangkok’s MRT given the green light to run Phuket and Chiang Mai light rails 12 September 2018 Bangkok’s subway operator. the MRTA (Mass Rapid Transit Authority) has been given the green light to invest in the proposed Phuket/Phang Nga and Chiang Mai light rail services. The MRT is also going to run the service when […]
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Chiang Mai tram project: Investors sought just for proposed red line 11 September 2018 Chiang Mai News reported that plans for the tram in the northern Thai city were first mooted in the mid 1990s. There is still no tram – or light rail transit as it is now referred to. The authorities have decided […]
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Thailand’s PTT seeks bidding partner for $7bn rail project 11 September 2018 Energy group expects high-speed link to cut logistics costs and boost retail revenue Thai oil and gas group PTT is in discussions with potential partners about a joint bid for an estimated $7 billion high-speed train project linking three major airports, as part […]
Continue ReadingBangkok’s Transit line extensions spur condo rush 11 September 2018 Condos in locations along mass transit line extensions have become more popular because of affordable prices, while units in the inner city face a glut and are overpriced, says SET-listed developer Supalai Plc. Managing director Tritecha Tangmatitham said condos in some parts of the inner […]
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Mandarin Oriental set to debut in Phuket, Thailand 10 September 2018 Mandarin Oriental Hotel Group has announced that it will operate a new luxury resort on Phuket Island in Thailand, scheduled to open in 2022. Known for creating luxury hotels that blend with the destination, Mandarin Oriental announced its latest project in the tourist hotspot […]
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