Nova Group announces new Pattaya project in Na Jomtien

Nam Talay Condominium is the latest development by Nova Group, one of Thailand’s most successful and respected developers. Located only 200 meters from the beach in the coveted Na Jomtien area next to La Royale, with easy access from Sukhumvit Road, Nam Talay Condo will consist of two condominium buildings built on 6.2 Rai of […]

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Bangkok’s BTS Green Line extension's opening may be postponed

Flood disaster might cause the BTS Green Line extension (Wong Wian Yai-Bang Wa) opening to be postponed. Amorn Kitchawengkul, Managing Director of Krungthep Thanakom Co Ltd, a subsidiary of the Bangkok Metropolitan Administration, said Thursday that the 5.3km BTS Green Line extension construction contractor had suspended their works for three days now at the Phonimit […]

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Ratchaburi's hydropower venture in Laos wins ADB financing

The Asian Development Bank (ADB) will provide approximately US$465 million to support the construction of a 440-megawatt hydropower plant that will supply power to energy-hungry Thailand and provide much-needed revenue tofund poverty reduction programmes in Laos. “Earnings from clean energy exports are vital to poverty reduction efforts in landlocked Lao PDR, where one in every […]

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Bangkok’s 'Water motorway' to keep floods away from capital

As Thailand’s flood crisis deepens with the government telling Bangkok’s residents to leave the capital if possible, a team of water management experts have proposed that the government build new “water motorway” to reduce the damage of flooding in Bangkok in the long run. “By nature this entire area [Bangkok] is a floodway, so we […]

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Bangkok’s Purple Line electric rail construction halted due to floods: MRTA

Construction of the Thai capital’s Purple Line electric rail project has been suspended after floodwaters flowed into several spots of the construction site, Ronnachit Yaemsaard, acting governor of the Mass Rapid Transit Authority of Thailand (MRTA), said on Tuesday. Asked how and whether the flooding will affect and delay the planned construction, Mr Ronnachit said […]

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Mahagitsiri family acquires 15.99 per cent in Golden Land Property Development Plc

The Chairman of Golden Land Property Development PLC, Mr Christopher Delaney was delighted to be informed of the acquisition last week of 15.99 per cent of the issued shares in the company by members of the Mahagitsiri family. Members of the Mahagitsiri family last week acquired 15.99 per cent of the issued shares in Golden […]

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China’s Tsingtao to open B5bn brewery in Samut Sakhon

World’s 6th largest brewer’s first facility outside China Tsingtao Brewery, the biggest Chinese brewer, yesterday signed a memorandum of understanding with a Thai partner to jointly invest in a 5-billion-baht factory in Samut Sakhon province. It clears the way for the first Tsingtao brewery outside China. Tsingtao Beer (Thailand) Co will be set up with […]

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Further expansion for Jones Lang LaSalle in Asia

Leading global real estate services firm Jones Lang LaSalle has strengthened its residential spread in South East Asia by acquiring DST International Property Services in Singapore. DST International was established in 1998 to market new and refurbished residential properties around the world. This merger follows on the back of a number of recent acquisitions by […]

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