The cabinet today (Tuesday) approved a huge budget from the Central Fund to be used to pay the constructor of the Klong Dan water treatment project in Samut Prakan as ordered by the Supreme Administrative Court. The special budget was requested by the Ministry of Natural Resources and Environment after the ministry lost the case […]
Continue Reading
Duangrit Bunnag ACCLAIMED Thai architect Duangrit Bunnag has won the acclaimed Asia’s Best Building of the Year prize at the Arcasia Awards for his design of The Naka Phuket resort. Organised as part of the 36th Arcasia Council Meeting and Forum, the award presentation ceremony was held on Saturday night on the grounds of Wat […]
Continue Reading
Chang International Circuit in Buri Ram province, Thailand’s first world-class racing circuit, had its track laid by Tipco Asphalt Group, which wants to expand its business into the large markets of Vietnam and Indonesia. THANARAK KHUNTON SET-listed Tipco Asphalt Plc (TASCO), the country’s biggest asphalt maker, has acquired stakes in two subsidiaries of France’s Colas Group […]
Continue ReadingThailand and Japan will sign a memorandum of understanding (MoU) next week on the joint double-track railway development. The MoU is part of three railway projects scheduled for discussion during a visit by Deputy Prime Minister Somkid Jatusripitak to Japan between Nov 25 and 28, permanent secretary for transport Chatchai Thipsunawi said yesterday. The meeting […]
Continue ReadingLEADWAY, IN cooperation with Japanese-based Sumitomo Construction Machinery, is leaving no stone unturned in adopting “aggressive business strategies” to capture a larger market share in an attempt to become one of the top three companies in the excavator markets of Thailand, Myanmar and Laos in five years. Chakart Seanchan, managing director of Leadway Heavy Machinery, […]
Continue Reading
With The Residences by Anantara, home owners are buying laid-back luxury, intuitive service and a sense of discovery PHUKET: While those involved in many segments of the Phuket property market are having to carefully navigate through times, those in the luxury residential market continue to enjoy smooth sailing. “Premium luxury residential markets across the world […]
Continue Reading
US hoteliers Marriott International and Starwood Hotels have agreed a $12.2bn (£8bn) deal to create the world’s biggest hotel company. Combined, the two firms have more than 5,500 hotels with 1.1 million rooms and $2.7bn in revenue. The two boards have “unanimously agreed” to the deal, under which Marriott will buy Starwood. The tie-up will […]
Continue ReadingTWO coal-fired power plants planned for Krabi and Songkhla’s Thepha district are a crucial part of the national energy strategy to diversify power generation options, as well as reduce electricity costs and enhancing energy-supply security, a senior Energy Ministry official said last week. Twarath Sutabutr, head of the Energy Policy and Planning Office, said the […]
Continue Reading
Baan Mai Khao, a five-storey condo project in Phuket with a total of 206 units with 70 units remaining for sale, is one of the projects included in Sansiri’s rental yield guarantee programme. PHUKET: SET-listed developer Sansiri Plc has launched a rental yield guarantee programme to tempt buyers and stimulate sales for some 800 unsold, […]
Continue Reading
The MRTA has promised that if it can “develop” underground stations by putting stores into this picture, it will reduce fares on the subway system. (Photo by Pornprom Satrabhaya) Grocery outlets at subway stations, and reduced fares for commuters are envisaged after the Transport Ministry agreed to amend a law to allow business development at […]
Continue Reading