Expatriate apartment market in Bangkok is performing well

The single-ownership expatriate standard apartment market in Bangkok is performing well despite competition from rental units in condominiums, according to CBRE, a leading property consultancy company in Thailand. The number of expatriates with work permits in Bangkok grew by 9.5% Y-o-Y to around 79,000, according to statistics from the Ministry of Labour. Most expatriates only […]

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Developer’s towering ambitions for Thailand

CNBC Sorapoj Techakraisri, CEO of PACE Development Corporation. Standing at 314 meters, the 77-storey MahaNakhon building in Bangkok’s central business district will not just be Thailand’s tallest building when completed by year-end. It will also be a representation of Thai building boss Sorapoj Techakraisri’s faith in his homeland’s ability to withstand the economic downwinds it […]

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Mega Home ready for slowdown

Mega Home Center Co, operator of the home and construction materials chain, expects the market to slow down as seasonal negative factors such as rain and floods have hurt the construction sector, especially in rural areas. Chief operating officer Supornsri Naktanasukan said sales and construction normally decreased during the rainy season, However, this year the sector […]

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Govt to reboot Klong Dan plant

The aerial view of Klong Dan waste water treatment plant. (Photo by Pattarapong Chatpattarasill) The government plans to dust off the suspended scandal-hit Klong Dan waste water treatment facility in Samut Prakan’s Bang Bo district. Prime Minister Prayut Chan-o-cha said Wednesday he has ordered authorities to look into the possibility of fixing the treatment system […]

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