News

Approximately 2,491 condominium units in Pattaya were sold during 2011, an increase by 120 per cent from the year 2010, according to Knight Frank Thailand. Frank Khan, head of Residential Department, Knight Frank Thailand, said that the demand of Pattaya condominium was mainly from local Thai buyers in some projects, especially the projects which are […]

Three projects over two years in Northeast Smart Green Energy Co announced a combined investment of 12.1 billion baht for three solar farm projects over the next two years. Chief executive Deeanek Boonsima said the projects will have a combined capacity of 79 megawatts. Bangkok Bank agreed to finance the construction together with Bangkok Solar […]

ACCOLADES continue to rain down on Thanyamundra, the unique and breathtakingly beautiful five-star organic resort perched upon the fringes of Thailand’s most ancient rainforest. Thanyamundra has been elevated to the elite ranks of hotels and resorts included on DestinAsian magazine’s prestigious Luxe List, just weeks after being voted by agoda.com as one of Asia’s Top […]

The Australian Government can expect a $100 million windfall from the sale of its current embassy property in Bangkok, with a new chancery and residence to open in 2016. The embassy, built in 1979 and designed by Australian architects Ancher, Mortlock and Woolley, is close to a main thoroughfare (Sathorn Road) and is considered by […]

Mott MacDonald, a leading management, engineering and development consultancy, has successfully supported financial close as independent engineer for the first utility-scale wind farm in Thailand, which will also be the largest wind farm in south east Asia. The consultancy is working on behalf of lenders Kasikorn Bank PLC and Siam Commercial Bank PLC. The 207MW […]

Thailand is racing to implement water management schemes costing 300 billion baht (6.0 billion pounds) to prevent a repeat of last year’s flood disaster, but companies want to see even more haste while some experts say things shouldn’t be rushed. Thailand’s worst flooding in at least five decades forced the closure of seven industrial estates […]

After a 10-month delay, the 450-million-baht TU Dome Plaza will be opened for business in March, with a break-even period of eight years. Ittiphon Dharakasem, the managing director of PB Plus Property Co, developer of TU Dome Plaza, said it is fortunate the project launch was delayed from last year even though the great floods […]

Chonburi Concrete Product targets revenue growth of 15-20 per cent to between Bt2.7 billion and Bt2.8 billion this year on strong demand for building materials to renovate both residences and factories in the wake of the recent disastrous flood. Managing director Chakrit Theepakornsukkasame told a group interview on Tuesday that 40 per cent of revenue […]

Mitsubishi Gas Chemical Company, Inc. (MGC; Head Office: Chiyoda-ku, Tokyo; President: Kazuo Sakai) has established a subsidiary for the production of electronic materials in the Kingdom of Thailand. The construction of the production plant for copper clad laminates and prepregs will begin in May 2012 and is scheduled for completion in April 2013. Following prototyping […]

The housing market will improve slightly this year, with more than 80,000 units of new supply serving pent-up demand from last year’s fourth quarter and the higher incomes of civil servants. Sopon Pornchokchai, president of the property consultant Agency for Real Estate Affairs (AREA), said last year’s floods affected 23 housing projects which were subsequently […]