Thailand’s hotel investment market remains buoyant and attractive to both domestic and foreign real estate investors. It has improved steadily since the market slump during the global financial crisis that erupted in 2009. Transaction values tracked by the Hotels and Hospitality Group of JLL in Thailand reached 13.9 billion baht in 2014, or 5.7% of […]
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Trang airport is expected to handle 600,000 passengers this year — nearly six times the number it saw in 2007. (Photo by Methee Muangkaew) TRANG — The Department of Civil Aviation will improve Trang airport to handle an increase in flyers, says airport general manager Thaworn Saengamphai. The expansion plan includes a new passenger terminal […]
Continue ReadingPut a question to Bangkok people as to whether they would like a promenade along the Chao Phraya River where they could go for a casual walk, and the answer will likely be positive. Ask cyclists who are risking their lives on the city’s mean streets if they want a chance to cycle along safe […]
Continue ReadingUnder a draft decree being proposed by the Ministry of Construction, foreigners can extend their property ownership in Vietnam after their 50-year ownership expires under the Housing Law, but not for more than an additional 50 years, Viet Nam News reported. An article of the draft says the provincial People’s Committee is authorised to extend […]
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Labourers work at the construction site of a condominium near the BTS Wutthakat station in Thon Buri on March 30, 2015. Land prices along the BTS lines more than doubled over the past 16 years, according to AREA. (File photo by Patipat Janthong) Houses and condominiums in Hua Hin and Pran Buri districts of Prachuap […]
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Gintech expects construction to complete by the end of the year and commercial operations to start in Q1 2016. Taiwanese crystalline silicon cell manufacturer Gintech Energy is to build a 350MW cell production facility in Thailand. The PV cell supplier has established a Thailand-based subsidiary under the name Gintech (Thailand) and is to invest around […]
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A model of the electric trains to be used on the Purple Line was displayed in 2014. The first three trains are due to be delivered in October, so the new commuter service to Nonthaburi can open in mid-2016. (Photo by Apichart Jinakul) The Transport Ministry is confident the new Purple Line electric railway will […]
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THAILAND’s government has approved construction of the 187km metre-gauge line from Chira junction to Khon Kaen, which is part of the Transport Ministry’s new infrastructure development plan. The line is expected to cost Baht 26bn ($US 772m) to construct with work set to begin in the next few months. The government is aiming for operations […]
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BANGKOK, 8 May 2015 – The Cabinet yesterday signed two memorandums of understanding (MOU) on the supply of natural gas and energy purchasing deal with Myanmar over the course of 10 years. The Cabinet has green-lighted the Energy Ministry to sign 2 MOUs with Myanmar. The first MOU is for the latter to supply Thailand […]
Continue ReadingThree new multi-billion-baht motorway projects face delay as the Finance Ministry has failed to secure loans for the construction of two of them. The projects should have been forwarded to the cabinet on Thursday, according to Transport Minister Prajin Juntong. The troubled projects are the 196-km route connecting Ayutthaya’s Bang Pa-in district, Saraburi and Nakhon […]
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