Trying to create a fairer property tax in Thailand Review of the law must address evasion and unequal rates The Finance Ministry is reviewing the Land and Building Tax Act. Public hearings were conducted to gather opinions from the public and stakeholders. The law has been in effect for five years, marking a significant phase […]
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Bago River Crossing Bridge opens in Myanmar, connecting Thaketa and Thanlyin The opening ceremony of Bago River Crossing Bridge (No. 3 Thanlyin Bridge) connecting Thaketa Township and Thanlyin Town of Yangon Region was held on the morning of June 8. The ceremony was attended by the Chairman of the State Administration Council (SAC), the Prime […]
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Thailand’s proposed southern Land Bridge threatens Thai island gem Locals fear industrial push may negatively impact Koh Phayam’s natural attractions Located 17 kilometres off the Andaman Sea coast, Koh Phayam, covering a 35km² area, is the second largest island in Ranong province. Blessed with unspoiled forests and pristine beaches, the island attracts visitors seeking peaceful […]
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Lao railway set for full trial run on Udon Thani-Nong Khai-Vientiane section this month Thailand and Laos are gearing up to open a railway network connecting Bangkok and Vientiane, according to the State Railway of Thailand (SRT), with a trial run set for later this month. The project aims to enhance connectivity for travellers and […]
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Italian-Thai Development (ITD) welcomes possible Russia’s involvement in Myanmar’s Dawei project SET-listed Italian-Thai Development (ITD) welcomes possible Russia’s involvement in Myanmar’s Dawei project, potentially recovering the 10 billion baht they invested. In late 2020, Myanmar terminated seven concession agreements at the Dawei Special Economic Zone (DSEZ), affecting five project companies, including Dawei Development Corporation (DDC), […]
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Thai Residential developers getting cold feet Launches decelerate amid weak demand The residential construction area permitted nationwide in the first three months of 2024 is expected to plunge to the lowest level in 12 quarters, reflecting developers slowing new launches of residential supply because of weak demand. Vichai Viratkapan, acting director-general of the Real Estate […]
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Songkhla operators call for cruise ship terminal Plan to boost flagging tourist numbers The Songkhla Tourism Association is urging the government to further promote tourism in the province by building a cruise ship terminal and adding direct flights from cities in China to Hat Yai. Songchai Mungprasithichai, president of the Songkhla Tourism Promotion Association, said […]
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TERRATEC Delivers Another EPBM for Bangkok Metro Purple Line TERRATEC in May announced the delivery of another new 6.39m diameter Earth Pressure Balance Tunnel Boring Machine (EPBM) for the construction of the Bangkok Metro Purple Line (C3). The event was attended by representatives from the Mass Rapid Transit Authority of Thailand and contractor ITD-NWR MRT […]
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Thailand confirms interest in a 6th Mekong bridge linking Ubon Ratchathani and Salavan province in southern Laos Thailand has confirmed its interest in building another bridge to Laos, the sixth connecting the two countries across the Mekong River. The possible construction of a new bridge linking Ubon Ratchathani and Salavan province in southern Laos was […]
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First phase of Rayong’s U-Tapao aviation city expected to be ready in 2028 The private company tasked with developing the U-Tapao Airport and the eastern aviation city intends to launch the first phase of services by 2028. U-Tapao International Aviation Services Limited (UTA) had signed the project contract with the Eastern Economic Corridor Office on […]
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