Author: Peter Carlisle

Hotel branded property investment offerings are continuing to rise up in Phuket. The latest is in Rawai at a project named The Beachfront which will be branded as a Best Western Plus. Featuring a beachfront location, the complex consists of 220 condominium units and ten Oceanside pool villas. Units start at 25 square meters with […]

Shareholders of SET-listed construction company Demco saw their investment value drop by 17% at one point yesterday in panic selling after the largest shareholder of an associate firm was reportedly involved in a scandal linked to former Central Investigation Bureau chief Pol Lt Gen Pongpat Chayapan. Demco shares opened yesterday on a negative note, falling […]

The cabinet has discussed implementing an urgent water management project worth in excess of 100 billion baht to tackle drought and floods. Prime Minister Prayut Chan-o-cha said after the cabinet meeting yesterday the project, estimated to cost about 110 billion baht, was tabled for discussion. It will be an urgent undertaking as the country is […]

AETAS, A LUXURY 24-storey hotel in Soi Ruamrudee, faces demolition within 60 days on the orders of the Supreme Administrative Court, which yesterday upheld an earlier ruling that the construction violated building laws. The hotel, which has a connected 18-storey serviced apartment, has 214 rooms in Soi Ruamrudee and is already in service. The court […]

A luxurious hotel in Soi Ruamrudee will have to be demolished on the orders of the Supreme Administrative Court, which on Tuesday upheld an earlier ruling that its construction was against city laws. The court ruling said that highrise in Soi Ruamrudee had been built illegally as the soi is not 10 metres wide as […]

Physical progress of condo construction is tipped to be the best marketing and sales tool for small or new property firms, says developer Albright Holdings Co. “As a small property firm, we need to start construction first to secure consumers’ confidence,” managing director Somchai Amnueypornsakul said yesterday. Bright Wongwian Yai, a 3-billion-baht project by Albright […]

Tokyo, 1 December (Argus) — Japanese power producer and wholesaler J-Power today started commercial operations at its 800MW No.2 Nong Saeng gas-fired power unit in Thailand. The debut of the new unit, in Saraburi, 100km north of Bangkok, brings Nong Saeng to full operations with a total capacity of 1,600MW. The 800MW No.1 unit started […]

Thailand-based ONYX Hospitality Group has experienced a record year in 2014 with nine property openings between January and September, equating to an average one opening per month. ONYX currently manages 51 properties, including 14 properties in development, ensuring its strategic plan to manage 81 hotels, resorts and serviced apartments by 2018 is on track to […]