News

Forget Thailand’s proposed Kra land bridge, just build a canal The prospect of the Kra Canal, a man-made waterway cutting across Thailand’s Isthmus of Kra, has ignited impassioned debates across various spheres. For years, the canal has remained a theoretical venture, lurking in the wings of policy discussions and tantalizing the imagination of strategic planners. […]

Thailand’s proposed Land bridge connecting the Andaman Sea and the Indian Ocean to the Gulf of Thailand needs rethink BANGKOK POST EDITORIAL The government deserves praise for its quick work to promote investments in Thailand. That said, speed is not always of the essence when the project in question has a considerable impact on the […]

Marubeni Chooses Bangkok’s One City Centre for Thailand Headquarters Japanese giant Marubeni selects OCC for its new Thailand headquarters, reinforcing OCC’s appeal to global corporations. Mr. Korn Narongdej, Chief Executive Officer of Raimon Land Public Company Limited (RML), a leader in luxury and ultra-luxury real estate development, along with Mr. Yuji Okamoto, Managing Director of […]

New 34.1-kilometre motorway connecting Bang Bua Thong in Nonthaburi and Bang Pa-in in Ayutthaya slated to open by 2029 The Department of Highways (DoH) is planning to have a new 34.1-kilometre motorway connecting Bang Bua Thong in Nonthaburi and Bang Pa-in in Ayutthaya, costing almost 15 billion baht, built by 2029. According to DoH director-general […]

Foreigners account for 18.8% of new property bought in Bangkok The Agency for Real Estate Affairs (Area) projects foreigners will buy 27,741 residential properties in Thailand this year worth a total 161.56 billion baht. In metropolitan Bangkok, foreign buyers accounted for 18.8% of new-property transfers in the first half of this year, up from 11.1% […]

Insurers drop appeal shortly before hearing against Phuket resort’s claim for Covid-19 insurance payout Two commercial insurers last Friday withdrew their appeal against a lower court ruling that a luxury resort in Phuket has a valid claim for losses arising from Covid-19-related lockdowns, ahead of a hearing on Monday before Singapore’s apex court. This meant […]

Absolute Clean Energy projects to supply Thailand’s electricity grid SET-listed Absolute Clean Energy (ACE), a local biomass power developer and operator, expects to gain more revenue after its 18 ground-mounted solar power generation projects were selected to supply electricity to the state grid. These projects are being developed by ACE’s 14 wholly-owned subsidiaries. Up to […]

Locals from Chiang Mai, Tak, and Mae Hong Son petition to halt contentious 200-billion-baht water project in Thailand The Chiang Mai Administrative Court received a petition yesterday from locals seeking the cancellation of a contentious 200-billion-baht water diversion venture. This project, designed to bolster the water supply to the Bhumibol dam in Tak, now teeters […]