News

Thailand’s Finance and Interior Ministries vow to ease land & building tax Call to loosen loan-to-value regulations The Finance Ministry and Interior Ministry have pledged to improve the land and building tax to prevent a negative impact on the public amid several economic challenges. Speaking at the annual property seminar held on Wednesday by the […]

BMW Group launches construction of high-voltage battery assembly plant in Rayong, Thailand +++ BMW Group readies next production site for BEV manufacturing +++ Production launch of new electric model in second half of 2025 +++ In-house production of Gen-5 high-voltage batteries to be established at Rayong site in Thailand +++ After a joint ground-breaking ceremony […]

Influx of mixed-use projects poised to transform Bangkok and Thailand An influx of new property supply from 10 world-class mixed-use development projects located in the central business district (CBD) is set to transform Bangkok and Thailand, according to property consultant Jones Lang LaSalle (Thailand) (JLL). Michael Glancy, country head, said the Thai real estate market […]

Thai Prime Minister supports study for new Kalasin airport New airport will be named Sarasin, combination of Maha Sarakham and Kalasin Prime Minister and Finance Minister Srettha Thavisin has thrown his support behind the plan to build a new airport in the northeastern province of Kalasin. Mr Srettha, who toured the region over the weekend, […]

Thailand plans to double Bangkok’s Suvarnabhumi airport’s capacity to 150 million passengers Thailand aims to position itself as an aviation hub by upgrading regional airports, building new ones in tourist hot spots, and utilizing the capabilities and assets of Thais to develop existing airports. The Thai government plans to expand Suvarnabhumi airport in Bangkok, aiming […]

Work on light rail transit system in Khon Kaen expected to begin in 2025 Northeastern province Khon Kaen is going ahead with the construction of the Light Rail Transit (LRT) mass transit system, and work is expected to begin in 2025. The LTR will be introduced in the Bueng Kaen Nakhon Reservoir area. A feasibility […]

Asset World, one of Thailand’s largest hospitality and property developers, launches major expansion after ‘achieving 5 new highs in 2023’ Asset World Corp (AWC), one of Thailand’s largest hospitality and property developers, has set an ambitious target this year of exceeding 36 billion baht in asset value, including the launch of 18 new operating projects, […]

Roadworks on Bangkok’s Rama II Road to the south of Thailand still going after a dreary 50 years Large construction projects, particularly those undertaken by the state, have significant impacts on communities and often the impacts are felt far beyond the construction sites. One example is Rama II Road — which has been undergoing work […]