Hilton Hotel Resort & Spa is undergoing a 500-million baht guest room refurbishment to ensure it stays ahead in an increasingly competitive industry. The refurbishment, which involves redecorating the beachfront hotel’s 296 rooms, is part of multibillion-baht rolling renovation programme, which includes technology upgrade, that is due to finish in 2018, said general manager Denis […]
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The Transport Ministry has unveiled a plan to expand Mae Sot Airport to better accommodate regional economic integration — the ASEAN Economic Community and the introduction of a special economic zone. Transport Minister Arkhom Termpittayapaisith, recently oversaw the official announcement of the Mae Sot Airport improvement project in Tak Province, aimed at promoting air transportation […]
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A China – Cambodia joint venture has announced a plan to build a $230 million cement factory in northwestern Cambodia’s Battambang province next month, the Phnom Penh Post reported on Friday. Battambang Conch Cement Company – a joint venture between Chinese firm Conch International Holdings (HK) and local cement company Battambang KT Cement Company – […]
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Boom times ahead for the Kingdom, but is supply meeting demand? At the tail end of 2015, Southeast Asian nations inaugurated the ASEAN Economic Community (AEC), a borderless market for commodities, services, capital, and labour between 10 of the world’s fastest-growing economies. Long seen as a laggard behind more established neighbours Thailand and Vietnam, Cambodia […]
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Airports of Thailand Pcl (AOT), the country’s main airport operator, plans to spend 194 billion baht (S$7.4 billion) over the next 15 years to expand its six airports to handle a boom in visitors, it said on Thursday. AOT’s budget was higher than a previous plan of 140 billion, mainly due to a revision to […]
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It seems everybody today is talking about the need for a greener environment and technology that can be used to achieve it. Thailand is no exception and is soon due to burst onto its predestined path towards solar energy. A German based company, ASW Engineering, therefore chose a Pattaya location for its Thai-German pilot water […]
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A number of hoteliers in Phuket are selling off their properties to profit from land prices that have soared 400% in just over a decade, driven by the rapid growth in residential property. Suksit Suvunditkul, chief executive of Deevana Group, a Phuket-based hotel group, said the price of land on Patong beach had increased to […]
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New long-stay property to serve business travellers in major industrial port area InterContinental Hotels Group (IHG) has signed a management agreement to launch a new Holiday Inn on Thailand’s industrial eastern seaboard. Schedule to open in 2018, the new Holiday Inn & Suites Siracha Laemchabang will offer 300 rooms and long-stay suites, overlooking the Gulf […]
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Despite concerns about the economic outlook and residential demand in the second half, SET-listed developers will continue to launch new projects in the segments they are most confident in. Anuphong Assavabhokin, chief executive of AP (Thailand) Plc, said the economic situation in Thailand and around the globe is leading the Thai property sector into a […]
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AP (THAILAND) has targeted becoming one of the country’s top three residential developers by 2021, when it hopes to generate revenue of Bt50 billion, chief executive officer Anuphong Assavabhokhin said recently during a group interview. To achieve this business goal, the listed company has restructured its management team from a function-based approach – separated into […]
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