News

CRC Thai Watsadu set to resume investment plans Mr Suthisarn said CRC Thai Watsadu is ready to resume aggressive investment this year. Boosted by the improving Covid-19 situation and state stimulus measures, CRC Thai Watsadu Co, a home improvement and material construction unit under Central Retail Corporation (CRC), looks set to resume investment in domestic […]

Thailand’s Electricity Generating plans LNG venture with Japan’s JERA Electricity Generating Plc (Egco), a subsidiary of state-run Electricity Generating Authority of Thailand (Egat), plans to venture into the liquefied natural gas (LNG) supply chain business in cooperation with Japanese energy firm JERA Co Inc. The two companies aim to search and benefit from new business […]

Thai developer Sansiri taps luxury segment Targets 15% growth in sales, transfers Set to be launched on May 1, Demi Sathu 49 is a townhouse project with 72 3.5-storey units priced from 18.9-35 million baht per unit. As low-rise housing demand in the luxury segment is robust, SET-listed developer Sansiri is aiming for growth of […]

Thailand’s Hoteliers urge rethink of land tax Association says revenue lags price appraisals and pushes for levy delay Though Thailand tested the waters with the Sandbox and Test and Go reopening schemes last year, the tourism industry still struggled to post arrival numbers anywhere close to the pre-pandemic level, as the total number of foreign […]

Ex-MP blames faulty construction for flooding in Bangkok’s Parliament complex The parking area at Parliament complex in Bangkok’s Dusit district was partly flooded on Monday after water gushed out of water pipes. Former Democrat Party MP Watchara Petthong said on Tuesday that the incident took place at 5pm, adding that the complex could get flooded […]

Delays hit Bangkok’s Siriraj rail link project Hospital building to serve as interchange The Ministry of Transport is preparing to extend a memorandum of understanding for a rail link project that will connect the Light Red and Orange lines with Siriraj Hospital in Bangkok. The memorandum, signed by the State Railway of Thailand (SRT), the […]

Demolition work begins on Bangkok’s infamous Bang Lamphu mall, owner illegally added eight more floors to the original 3-storey structure Work is underway to tear down the long-abandoned Bang Lamphu shopping mall located in the busy Phra Nakhon district, after decades of legal wrangling. BMA photo After three decades of delays and legal tussles, the Bangkok […]

Deadline for talks on Thailand’s high-speed train project linking three airports extended Talks in response to Asia Era One’s refusal to acknowledge a Notice to Proceed [NTP] by the SRT The State Railway of Thailand (SRT) has agreed to extend a time frame to which it had previously agreed with two other parties as attempts […]