MAE SOT – A groundbreaking ceremony was held on Sunday for the second Thai-Myanmar Friendship Bridge that will play a key role in the East-West Economic Corridor traversing continental Southeast Asia. The ceremony for the bridge linking the Myanmar border town of Myawaddy and the Thai town of Mae Sot was attended by government leaders […]
Continue ReadingAirports of Thailand Plc (AoT) is reviewing its terms of reference (ToR) for the second phase of the Suvarnabhumi airport upgrade. Chairman Nitinai Sirismatthakarn said on Friday the AoT has been going over details in the ToR draft. Mr Nitinai said the ToR will be proposed to the National Council for Peace and Order’s Committee […]
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The single-ownership expatriate standard apartment market in Bangkok is performing well despite competition from rental units in condominiums, according to leading property consultancy company CBRE Thailand. The number of expatriates with work permits in Bangkok grew by 9.5% Y-o-Y to around 79,000, according to statistics from the Ministry of Labour. Most expatriates only want to […]
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Prime Minister Prayut Chan-o-cha has a dream. He dreams that long and beautiful promenades will grace both sides of the Chao Phraya River, offering people an unobstructed view of the majestic river. Friends, families and lovers will be able to take leisurely strolls and cyclists take exuberant rides as the sun shines its golden rays. […]
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As wealthy Russians have pulled back spending on overseas property in some countries as a result of the political and financial troubles, and instead turned to safe havens, there has been a desperate scramble to replace the business lost. The loss of business has been keenly felt in Thailand, where Russians were among the leading […]
Continue ReadingAfter many ups and downs, China has finally won the railway cooperation project with Thailand. Zhu Xijun, general manager of the Southeast Asia Company of China Railway Construction Corporation (CRCC), said on Aug. 26 that after six rounds of negotiation, both sides plans to sign the inter-governmental framework agreement on the China-Thailand Railway project in […]
Continue ReadingIn its push for coal-fired mega-projects, the government risks turning its back on sufficiency-economy thinking and the need for ‘clean’ energy We are in the countdown to the United Nations Climate Change Conference, to be held in Paris from November 30 to December 11. This is the 21st session of the Conference of the Parties […]
Continue ReadingNewly-appointed Transport Minister Arkhom Termpittayapaisith has vowed to kick-start the construction of 17 megaprojects valued at 1.6 trillion baht before the end of next year as part of a plan to stimulate the economy. He was speaking after delivering his policy address to ministry agencies on Wednesday. The ministry will speed up the bidding process for the projects and bring forward […]
Continue ReadingCompanies opt to relocate plants to Southeast Asia to cut labor costs. The label of “made in China”, which was synonymous with the global solar industry, is in danger of fading out as a growing number of firms move their plants overseas to skirt spiralling import duties. Hit hard by the steep tariffs imposed by […]
Continue ReadingThe single-ownership expatriate standard apartment market in Bangkok is performing well despite competition from rental units in condominiums, according to CBRE, a leading property consultancy company in Thailand. The number of expatriates with work permits in Bangkok grew by 9.5% Y-o-Y to around 79,000, according to statistics from the Ministry of Labour. Most expatriates only […]
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