British Embassy Warns of Detention for Overstayers exceeding 42 days The British Embassy in Bangkok have posted updated information on their website warning tourists and expatriates who overstay their permitted stay longer than 42 days that they face the risk of imprisonment.
Continue ReadingThailand Petrochemicals Report Q4 2010 – New Market Report Published New report provides detailed analysis of the Energy and Utilities market The political crisis may be over and the economic recovery underway, but the market has some way to go before the petrochemicals industry is up to speed and the development of new capacity has […]
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Supporting development of Chao Phraya River crossing of east-west road network and further railway development to cope with growing transportation demand in the metropolitan area 1. On September 28, 2010, Japan International Cooperation Agency (JICA) signed a Japanese ODA loan agreement with the Government of the Kingdom of Thailand in Bangkok to finance up to […]
Continue ReadingThailand‘s cabinet has given green signal to a state-owned Company to invest around $650 million in a third-generation mobile-phone network project. Chuti Krairiksh, who is the Information and Communication Technology Minister, said that as per the approval, TOT PCL will now be able to start its construction of 3G network. Chuti further said that the […]
Continue ReadingDawai port project set to start Thailand continues to get more serious about the Dawei deep-sea port project as the Strait of Malacca – which it uses for import and export of goods – has a growing problem with shipping traffic jams. If completed, the project would reduce logistical and labour costs for the Kingdom […]
Continue ReadingThe small developer Apollo Asset Co plans to launch a low-rise condominium project worth 400 million baht on Sukhumvit Soi 31 using lower land costs and a smaller-scale project to compete in the heated condominium market. Managing director Vorathep Srikuruwal said the company would offer unit prices of about 90,000 baht a square metre on […]
Continue ReadingTarget now young professional buyers Magnolia Quality Development Corporation Ltd is scaling down to smaller condominium units to make the prices more affordable to younger buyers. Managing director Visit Malaisirirat said unit sizes at the new Whizdom @ Punnawithi Station would start at 34 square metres while those at its previous project next door started […]
Continue ReadingFavourable tax regimes are just one of the things that attract expats to far-away locations, but the prudent expat must also keep a watchful eye on taxation back in his home country as well as his country of residence. There is usually an obligation for you to pay taxes in the country where you reside, […]
Continue ReadingSouth Korea‘s top carmaker Hyundai Motor confirmed Monday it will bid for a troubled construction firm, setting the stage for a bidding war with its former parent Hyundai Group. Hyundai Motor said in a statement it would seek a major stake in Hyundai Engineering and Construction to strengthen its “future business opportunities and diversify its […]
Continue ReadingSouth Korea‘s top carmaker Hyundai Motor confirmed Monday it will bid for a troubled construction firm, setting the stage for a bidding war with its former parent Hyundai Group. Hyundai Motor said in a statement it would seek a major stake in Hyundai Engineering and Construction to strengthen its “future business opportunities and diversify its […]
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