Bangkok’s luxury home segment signals excess of supply The luxury home segment has started to signal an excess of supply, while middle to upper end low-rise houses should enjoy higher demand as mass transit lines expand to outer-city areas, says a property consultancy. Sumitra Wongpakdee, managing director of Terra Media and Consulting, said the number […]
Continue Reading
Gunkul Engineering preps for the development of 17 renewable energy projects in 2024 Plans to raise funds worth up to B25bn Gunkul Engineering Plc, a renewables developer and construction firm, plans to raise funds worth 20.8-25 billion baht for the development of 17 renewable energy projects this year under the state’s 5.2-gigawatt renewable scheme, says […]
Continue Reading
Fond memories of Thailand ruined by immigration queues With the New Year set to begin tomorrow, the peak travel season is in full swing, with this year being reminiscent of pre-pandemic times. In the first 11 months of 2023, Thailand welcomed 24.5 million visitors, with Bangkok ranking as the most visited city on the planet […]
Continue Reading
New Hua Hin train station opened on Monday 11 December 2023 The new Hua Hin Train Station opened on Monday (Dec 11), marking a significant improvement in the local rail infrastructure. The modern facility, situated merely 100 meters from its predecessor, marks a new chapter in the region’s rail network while paying homage to its […]
Continue Reading
Work continues to further reduce travel time to Hua Hin and along the new Southern rail line The recent opening of the new dual track on the southern train line, a significant upgrade in Thailand’s rail infrastructure, has cut down the travel time to Hua Hin and along the southern route by approximately an hour. […]
Continue Reading
High-Speed Rail Linking Thailand’s Nong Khai to Laos’ Vientiane Expected to Complete in 2028 The Nong Khai–Vientiane stretch of the Thai-China high-speed rail (HSR) project is anticipated to conclude construction in 2028, revealed Thai Deputy Transport Minister Surapong Piyachote on 14 December. With an estimated cost of THB 3 billion (approximately USD 86 million), the […]
Continue Reading
Thailand’s Phuket Launches Online Visa Extension System for Tourists Thailand enables applying for a visa extension online – a measure that is expected to benefit both tourists and residents. E-extension, the new system is designed to simplify the extension process for 12 visa categories. The online visa extension system aims at making Thailand even more […]
Continue Reading
Thailand’s Transport Ministry’s 14 projects, worth ฿570Bn to start next year The Ministry of Transport has unveiled 14 infrastructure projects, estimated to cost 570 billion baht, which it plans to begin before the end of 2024, according to Transport Minister Suriya Juangroongruangkit. The 14 projects are: The 167km dual track railroad project between Khon Kaen […]
Continue Reading
China and Myanmar Sign Deal to Complete Myanmar’s Kyaukphyu Deep Sea Port The Chinese state-owned enterprise CITIC and the Myanmar Junta have officially signed an agreement to expedite the completion of the Kyaukphyu Special Economic Zone and a deep-sea port in Rakhine State. The project, which has been floundering in the Myanmar Foreign Ministry for […]
Continue Reading
Thailand’s popularity as a retirement destination nearing crunch point From Pattaya Mail The tweak in the Thai Revenue rules, affecting both Thai and foreign tax residents, means that income derived from assessable foreign sources is to be taxable from new year’s day 2024. The exact impact and scope remain fog-bound, but it is no exaggeration […]
Continue Reading