The Transport Ministry will buy more trains for the Airport Rail Link and build a new line from Suvarnabhumi airport to Pattaya. Pakorn Tangjetsakao, acting president of SRT Electric Train Co under the jurisdiction of the ministry, said the company needs five more trains worth 3 billion baht to add to the eight trains it […]
Continue ReadingThree Thailand-based hotel groups released pipeline updates for 2012, all focusing on overseas expansion with a smattering of properties due to open in home-base Thailand. It marks a determined shift in policy from home developments to expansion mainly within Asia/Pacific as Thai hotel brands seek wider recognition and marketing reach. Most of the properties are […]
Continue ReadingThe construction of a BTS extension from Taksin Bridge station to Phetkasem Road has begun, after a delay caused by last year’s floods. Completion is scheduled before the Queen’s birthday in August 2013. The 5.3kilometre extension covers four stations and merges with a BRT commuter bus service from SathornRatchaphruek. The four stations are Phothi Nimit, […]
Continue ReadingTo escape limitations under the new law which goes into effect in 2013, many firms are pressing ahead with their plans this year Property firms have speeded up developing new condominium projects in Bangkok before the new Bangkok city plan becomes effective on May 15, 2013. The new city plan will have provisions that limit […]
Continue ReadingA newly completed hotel in Soi Ruamrudee may have to be demolished following a landmark verdict by the Central Administrative Court yesterday. The court ruling said that highrises in Soi Ruamrudee had been built illegally as the soi is not 10 metres wide as claimed by a former Bangkok governor and a former Pathum Wan […]
Continue ReadingAbout 30 per cent of Thailand factories hit by flooding last year have resumed production, lower than the number originally targeted, according to Witoon Simachokdee, Permanent Secretary for Industry. Among the total of 838 plants forced to halt operations due to flooding, 30 per cent have already resumed production, while at the end of March, […]
Continue ReadingAbout 30 per cent of Thailand factories hit by flooding last year have resumed production, lower than the number originally targeted, according to Witoon Simachokdee, Permanent Secretary for Industry. Among the total of 838 plants forced to halt operations due to flooding, 30 per cent have already resumed production, while at the end of March, […]
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With the post-flood homebuilding market in Greater Bangkok sluggish, homebuilder PD House Corp introduced raised designs to counter inundation concerns and lower-priced houses aimed at upcountry demand. Chairman Sitthiporn Suwannasut said overall homebuilding market value this year will decrease by 30% to 6.8 billion baht from 8 billion baht in 2011 as flood worries persist […]
Continue ReadingAround 40 local businesspeople and representatives met today (February 3) to discuss the B5.7 billion redesign of the Phuket International Airport (PIA), with some expressing concern that the upgrade would not be enough to cater for the expected future increase in passenger numbers. Around 40 local businesspeople and representatives met today (February 3) to discuss […]
Continue ReadingThe Department of Special Investigation has found more factories producing substandard steel rods in Samut Prakan and seized more than 100 tonnes of their products yesterday. DSI officers yesterday raided three steel trading firms in in Phra Samut Chedi district of Samut Prakan and found two of them stocked substandard steel bars. DSI director-general Tarit […]
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