The Thai property market has failed to reach the same heights of foreign demand as most Asian markets, with the exception of the Bangkok boom years in the early noughties. Foreigners were responsible for 35% of sales in Bangkok’s business district before the crisis, now this figure is down to 20%. While this can partially […]
Continue ReadingSalamander Energy has signed a contract for the construction of its Bualuang Bravo Platform in Thailand. It is also hoping to complete imminently arrangements for a new debt facility. The Group’s producing assets have performed broadly to plan. During 1Q 2011 production averaged 19,434 bopd. The Group reiterates its average production forecast for 2011 of […]
Continue ReadingThe Asia/Pacific hotel development pipeline comprises 1,167 hotels totalling 291,946 rooms, according to the April 2011 STR Global Construction Pipeline Report. “Two mega cities in India, the capitals of the Philippines and Thailand, and Bali, the holiday island, are currently scheduled to see the largest expected hotel room growth compared to their existing supply of […]
Continue ReadingWhen Thailand initiated tenders back in 2008 to establish the country’s first liquefied natural gas (LNG) terminal, a host of global powerhouses threw their hats into the ring to win the $560 million project. The selection of Thailand’s PTT LNG surprised people because it was a consortium headed by GS Engineering & Construction (E&C) _ […]
Continue ReadingMissing links in Thai hub plan Thailand has long aimed to establish itself as a regional trade and investment hub, leveraging into the country’s central Southeast Asian geography and East meets West openness. While a political push and expanding regional trade has given new life to those ambitions, its not clear to most analysts Thailand […]
Continue ReadingHousing development in Thailand has remained strong, even as the Baht goes from strength to strength reports Castlewood Group; a Singapore based commercial Real Estate company. A recent survey by ‘The Nation’ revealed that the top 10 listed Thai property developers recorded presales of nearly THB4 billion between 1st January and mid March 2011. Housing […]
Continue ReadingThe beachfront property offers private pool villas with designs by Thai based firm VaSLAb. Conceptually the product is a unique offering by the partnership which gained critical acclaim for the Bunker House in Lopburi. La Flora is a fast developing resort group with their flagship property in Patong and a new upscale boutique resort under […]
Continue ReadingThe beachfront property offers private pool villas with designs by Thai based firm VaSLAb. Conceptually the product is a unique offering by the partnership which gained critical acclaim for the Bunker House in Lopburi. La Flora is a fast developing resort group with their flagship property in Patong and a new upscale boutique resort under […]
Continue ReadingPTT adds consulting services arm PTT Plc is diversifying into engineering technical consulting services to tap into growing demand for energy solutions. The services will cover quality control, how to upgrade energy efficiency, increase production yields and optimise equipment and machines, said chief operating officer Prajya Pinyawat. The services will be provided by newly established […]
Continue ReadingThe Excise Department will strictly inspect land transactions in highly popular tourist destinations in the South where tax evasion is said to be widespread. According to a senior official, property sales in Krabi, Koh Samui and Phuket have mushroomed in recent years, skyrocketing land prices in some areas 100-fold from a decade ago. This is […]
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