Thirteen Bangkok high-rise projects ‘violate construction laws’

  Thirteen Bangkok high-rise projects ‘violate construction laws’ Consumer group notes deviation from approved designs, inadequate road clearance Thirteen high-rise building projects in Bangkok may have violated construction laws, according to the Thailand Consumers Council (TCC). Saree Aongsomwang, secretary-general of the TCC, said on Thursday that the council received complaints from residents in 11 communities […]

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Thailand ponders reviving outbound travel tax

Thailand ponders reviving outbound travel tax Tourism executives says timing is bad as travel sentiment is already weak The Revenue Department is studying the feasibility of reviving an outbound travel tax on Thai nationals. Officials are researching practices in other countries, especially developed nations, that have similar taxes in place, said Pinsai Suraswadi, director-general of […]

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State Railway of Thailand opens new double-track section between Khok Kathiam (Lopburi) and Pak Nam Pho (Nakhon Sawan) stations

State Railway of Thailand opens new double-track section between Khok Kathiam (Lopburi) and Pak Nam Pho (Nakhon Sawan) stations State Railway of Thailand (SRT) governor, Veeris Ammarapala, yesterday inspected the newly upgraded rail tracks between Khok Kathiam and Pak Nam Pho stations during the line’s official opening. The section now features double tracks, allowing it […]

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AP Thailand moves fast to rebuild condo trust

AP Thailand moves fast to rebuild condo trust AP Thailand has launched a rapid post-quake initiative to restore buyer confidence in high-rise condominiums through swift action and third-party safety verification SET-listed developer AP Thailand has rolled out a rapid response initiative to restore consumer confidence in high-rise living following the 6.0-magnitude earthquake in Myanmar on […]

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TEKA Signs THB312 Million Bangkok International School Construction Project

TEKA Signs THB312 Million Bangkok International School Construction Project Teka Construction Public Company Limited (SET: TEKA) has informed the Stock Exchange of Thailand that the company has been awarded with a new construction project from Raffles Assets (Thailand) Co., Ltd. It is a building construction project of International School Raffles American School. The project consists […]

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Vietnam cuts renewable power subsidies

Vietnam cuts renewable power subsidies Retroactive cuts for some solar and wind projects alarm investors and raise default risk Vietnam’s state power utility has cut the previously agreed subsidised prices it pays for electricity from some solar and wind farms, which now risk defaulting on their debts with banks, according to an investors’ petition seen […]

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‘Little Moscow’ boom: Russians fuel Phuket property frenzy

‘Little Moscow’ boom: Russians fuel Phuket property frenzy Developer notes more than 70% of properties are bought by foreign buyers ‘Little Moscow’ boom: Russians fuel Phuket property frenzy Pictures courtesy of ฐานเศรษฐกิจ Phuket’s luxury property scene is getting a flashy new address—“Little Moscow.” Tucked in the serene north of the island, Nai Thon Beach is […]

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