Bangkok’s condominium market set to finally recover in 2025 as stocks shrink After hitting bottom post-pandemic, Bangkok’s condo market is set to rebound next year, with projects in outer areas continuing to perform well as existing stock is depleted because of price reductions by developers. Sumitra Wongpakdee, managing director of property researcher Terra Media and […]
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Thailand’s Supachalasai National Stadium in Bangkok must live on Tourism and Sports Minister Sorawong Thienthong’s new plan to turn the Supachalasai National Stadium into a concert and sports venue has sparked hope that the ageing structure — which will mark its 84th anniversary next year — will be properly preserved. The minister unveiled the plan […]
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Cambodian Funan Techo Canal megaproject linking the Mekong River to the Gulf of Thailand in trouble Funding dries up for controversial $1.7-billion project as China is having second thoughts At a ceremony in August, Cambodian Prime Minister Hun Manet knelt to receive blessings from monks as fireworks and balloons heralded the breaking of ground for […]
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Thailand to build new Chanthaburi-Pailin Friendship Bridge to Cambodia The government is building a bridge that will permanently link Chanthaburi with Pailin province in Cambodia at a cost of about 15 million baht. Speaking at the Ban Pakkad border checkpoint in Pong Nam Rong district after inspecting the site of the new bridge yesterday, Interior […]
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Chindwin Bridge 70% complete, boosts regional development This image depicts officials inspecting the construction site of the Chindwin Bridge (Htamathi). According to the Department of Bridges with the Ministry of Construction, the construction of the Chindwin Bridge (Htamathi), linking Homalin Township in Sagaing Region and Leshe in the Naga Self-Administered Zone, is 70 per cent […]
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Hitachi Rail secures ETCS signalling contracts in Thailand The ETCS Level 1 system will be implemented over 780.7km, improving rail travel safety. Hitachi Rail has secured contracts to implement European Train Control System (ETCS) digital signalling on two railway lines in Thailand. Both contracts were finalised with South Korean firm LS Electric, which is tasked with […]
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Thailand Looks to Revamp Real Estate Laws with Cambodia’s Leasehold Model in Focus Thailand is revising its real estate laws to attract foreign investment, proposing significant amendments to extend lease terms from the current maximum of 30 years to up to 99 years. This initiative, championed by Finance Minister Pichai Chunhavajira, is aimed at revitalizing […]
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Conflict in Myanmar sparks surge in Thai property purchases Rise in Myanmar buyers comes as Thai property sales to Chinese and Russian investors drop Buyers from Myanmar have been snapping up condominiums in Bangkok and other parts of Thailand, providing a bright spark for the kingdom’s sluggish real-estate market, as they look to move money […]
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Contractor replaced after abandoning work on Trang Airport terminal project The Department of Airports stated that the 1.2-billion-baht Trang Airport terminal project has been delayed after the contractor abandoned the work for over seven months due to severe financial issues. Although 98% of the construction was complete, the contractor failed to finish the final phase, […]
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Thailand taps Turkish expertise in high-speed train manufacturing Transport minister Suriya visits Turkey’s state-owned Türasaş for lessons in forging a domestic rail-manufacturing industry Thailand is collaborating with Türasaş, Turkey’s state-owned train manufacturer, to build fast trains for its new high-speed rail network, Transport Minister Suriya Jungrungreangkit said on Monday. Thailand taps Turkish expertise in high-speed […]
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