Author: Peter Carlisle

Real estate price war on the horizon in Thailand Developers rushing to clear inventory The slowdown in the real estate sector is expected to trigger a price war in the property market and dampen the purchasing power of upper-income homebuyers. Amonthep Chawla, chief economist at CIMB Thai Bank (CIMBT), warned the housing market may encounter […]

Bangkok Land eyes major new 45,000-seat stadium in Muang Thong Thani SET-listed Bangkok Land is planning a new 45,000-seat stadium costing up to 10 billion baht on a scale similar to Rajamangala National Stadium, located at the Thunder Dome site and the adjacent football stadium in Muang Thong Thani, viewing a five-year development plan. Paul […]

New Scenic ‘Naga Withi’ Mekong Road Project in Mukdahan and Nakhon Phanom provinces – 16% Complete Ahead of 2027 In a promising update, the Department of Rural Roads (DRR) has announced that the ambitious Naga Withi project—a new scenic road along the Mekong River in Northeast Thailand—is currently 16% complete, ahead of its 2027 deadline. […]

Phase 2 of Double-Track Rail Project Worth 298 Billion Baht Progressing, Cabinet Review Expected After NESDC Approval – Thai Enquirer Market Watch The second phase of Thailand’s double-track railway project—covering six routes totaling approximately 1,312 km and valued at about 297.95 billion baht—is moving forward, according to Transport Minister Suriya Jungrungreangkit. The National Economic and […]

Tunnelling under Bangkok’s Chao Phraya river for MRT Purple Line 60% complete, ahead of schedule, with completion in May 2026 Tunnelling under the Chao Phraya River as part of the southern extension of the MRT Purple Line has begun and is slated for completion in May next year, according to Transport Minister Suriya Jungrungreangkit. It […]

Sino-Thai (STECON) signs contract to construct 2.65 billion baht elevated motorway link to U-Tapao International Airport, three year contract period Images courtesy of Matichon. Construction is scheduled to begin by September 2025. The completion date is set for 2028. Sino-Thai Engineering and Construction Public Company Limited (STECON) has officially signed a contract worth more than […]