News

Third runway approved for Bangkok’s Suvarnabhumi airport A PROPOSED third runway for Suvarnabhumi International Airport has cleared the final hurdle, with the Cabinet yesterday approving the Bt21.8 billion project. The construction, to be overseen by the Airports of Thailand (AOT), is scheduled to be completed in 2021. Deputy government spokesman Weerachon Sukhondhapatipak said work is scheduled to begin this year. A plan for the construction of the taxiway B2 extension, at a cost of Bt622.33 million, was dropped. That decision enabled the overall cost of the project to… Read more »

State Railway of Thailand eyes new city river icon in Bangkok 16 April 2019 Land along the Chao Phraya River is becoming a magnet for real estate development, with companies keen to remodel areas on both sides of the river. Much of this interest comes in the wake of last year’s opening of Iconsiam, a high-end mixed-use project which garnered a huge amount of publicity. It now seems likely that many more new projects will follow suit, with the most high-profile being the proposed “Chao Phraya Gateway”. It… Read more »

Amari Pattaya returns with a new look WITH a magnificent beachfront location and lush gardens, the completely refurbished and renamed Amari Pattaya will welcome guests this month. The resort, previously named Amari Ocean Pattaya, is a springboard to Pattaya’s vibrant attractions and local culture. Positioned along the coastline on the idyllic north end of Pattaya Beach, it is located just a few minutes from the Bali Hai Pier, Pattaya’s best malls and street-side stalls. The property features modern guestrooms and luxurious suites showcasing contemporary Thai textures complimented by… Read more »

Supalai upbeat on B35bn target 12 April 2019 SET-listed developer Supalai Plc remains confident of securing presales of 35 billion baht this year as targeted despite a dip in the first quarter. Managing director Tritecha Tangmatitham said the company’s plan to launch a high-value condo project in May will help boost presales in the remaining months this year. In the first quarter, Supalai recorded 6.28 billion baht in presales, down 27.1% from 8.61 billion the same period last year. The biggest drop was from condos in Greater Bangkok,… Read more »

SET-listed Sino-Thai Engineering to acquire Mo Chit Land for $136m 11 April 2019 Sino-Thai Engineering and Construction Pcl (STEC), a Thai-listed construction company, is set to acquire Mo Chit Land Company from BTS Group’s subsidiary U City Pcl for 4.32 billion baht ($135.85 million). STEC’s board of directors approved the development of the 7.79-billion baht ($245.12 million) Mo Chit Complex project on Mo Chit Land’s plots in Chana District, Bangkok, according to a disclosure made on the Stock Exchange of Thailand. The project includes 36-storeyed twin towers with… Read more »

CKPower Ready to Generate Power from Xayaburi HPP after the Synchronization of the first Unit Generator Ceremony in Lao PDR 10 April 2019 H.E. Dr. Siri Jirapongphan, Minister of Energy of Thailand along with H.E. Dr. Khammany INTHIRATH, Minister of Energy and Mines, the Lao People’s Democratic Republic, recently presided over the first unit of the turbine generator synchronization ceremony of Xayaburi Hydroelectric Power Project developed by CKPower Public Company Limited or CKP in SET. The Official witnesses to the first sync of 1st unit generator were Dr.Pailin… Read more »

Sunshine International cancels 500 million baht development in Chiang Mai due to smog A developer has pulled the plug on a 500 million baht construction project in Chiang Mai. Sunshine International, Thailand’s leading brand of retirement residences told Thaivisa on Tuesday that their project which was due to be constructed near the city centre has now been cancelled. Sunshine International, a retirement property which offers residents round the clock medical facilities, with on site doctors and nurses, and state of the art facilities, was due to be built… Read more »