News

Frasers Property Thailand announces 15,613-million-baht revenue and 1,869-million-baht profit for the year 2021 Frasers Property (Thailand) Public Company Limited (FPT), a leading integrated real estate platform in Thailand, has announced its operating results for the year 2021 (January-December 2021). The Company recorded total revenue of 15,613 million baht and net profit of 1,869 million baht, […]

Labour Ministry agrees to hike Thailand’s minimum daily wage from Baht336 (US$10.19) to a flat rate of Baht492 (US$14.92) The government is set to approve a sharp rise in the minimum wage from Bt336 to a flat rate of Bt492, according to a source with knowledge of the matter. Coming just two years after the […]

37 infrastructure projects worth 1.49 trillion baht planned for Thailand in 2022 The Transport Ministry has announced it will invest 1.49 trillion baht on 37 projects this year. The funds will be divided among projects in two categories: 516 billion baht for 13 ongoing projects 974 billion baht for 24 new projects Meanwhile, the 24 […]

Thailand’s Three New Motorway projects await cabinet nod The Department of Highways will propose three motorway projects worth 43.8 billion baht to the cabinet in the first quarter of this year. Department chief Sarawut Songsivilai said yesterday the first project will be the 22-kilometre extension of the Uttaraphimuk Elevated Highway, also known as the Don […]

Singtel to build data centres in Thailand with energy supplier Gulf Energy and mobile phone operator Advanced Info Services Singtel has signed a joint development agreement with energy supplier Gulf Energy and mobile phone operator Advanced Info Services (AIS) to build and operate data centres in Thailand. This follows a memorandum of understanding inked between […]

BuildTrack expands its offerings to Thailand market by welcoming new Channel Partners, EGC SMART LIVING BuildTrack expands its offerings to Thailand market by welcoming new Channel Partners, EGC SMART LIVING. EGC Smart Living Co., Ltd. is a company based in Thailand that focuses on Smart Home Automations, IOT Devices and Telecommunications. The company is founded […]

Developer AP Thailand lines up 65 new projects this year worth 78 billion baht SET-listed developer AP Thailand plans to launch 65 new projects worth a combined 78 billion baht this year, the largest tally in the market, with units priced from 1.8 to 50 million baht. Vittakarn Chandavimol, chief of corporate strategy and creation, […]

WHA Corporation, Thailand’s largest developer of built-to-suit logistics facilities sees years of robust growth ahead SET-listed WHA Corporation, Thailand’s largest developer of built-to-suit logistics facilities, expects its total revenue to rise to 21 billion baht by 2026, driven by organic growth, notably business expansion projects. The company predicts double-digit annual revenue increases up to 2026, […]