Pace ups investment by B1.5bn

Pace ups investment by B1.5bn By Kanana Katharangsiporn, Bangkok Post, Thailand After an initial investment of 2.5 billion baht in its super-luxury MahaNakhon condominium, Pace Development Co Ltd plans to inject another 1.5 billion to start construction by early 2011. CEO Sorapoj Techakraisri said the company’s additional investment resulted from changing requirements from financial institutions […]

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Troubled rapid bus route gets deadline

Troubled rapid bus route gets deadline The Bt2-billion Bus Rapid Transit (BRT)’s Sathorn-Rajapreuk route – which was trial-launched in late May – is reported to be facing many problems, and public dissatisfaction has prompted another four routes in the pipeline to be suspended and possibly cancelled. The Bangkok Metropolitan Administration (BMA) has asked for another […]

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