Centara Hotels & Resorts has signed a management contract with Oversee Construction Co Ltd for a new Bangkok property to be called the Centara Watergate Pavillion Hotel. Located in the popular business and tourist district of Pratunam, the premium four-star hotel will have 288 rooms as well as two restaurants and bars, the Spa Cenvaree, […]
Continue ReadingPace Development Co plans to raise its capital by one-third to four billion baht this year and start construction piling for its MahaNakhon luxury project this month to bolster buyers’ confidence after a six-month delay. At the same time, its Israeli partner, Industrial Buildings Corporation (IBC), is committed to continuing its investment in the 18-billion-baht […]
Continue ReadingItalian-Thai in talks to sell an additional 3,600 megawatts of power to EGAT from the plant Italian-Thai Development PCL President Premchai Karnasuta said Wednesday the investment cost of a planned infrastructure project in Myanmar is likely to be less than the $8 billion it had expected. He said the firm’s financial adviser, Siam Commercial Bank […]
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Hydroponics and solar power combine as a food and alternative energy solution. It may not yet be a household name, but Get IT Co, the country’s first hydroponic solar farm operator, is confident it can popularise the concept and is targeting a 10% share of the local solar power market in the next two decades. […]
Continue ReadingEEPC India will organise the Indian Engineering Exhibitions (INDEE), an annual event that is set up in different locations around the world, from June 23-26 at Bangkok International Trade and Exhibition Centre. Indian companies are putting more emphasis on exporting engineering products, particularly in the automotive industry, and also establishing factories in Thailand as part […]
Continue ReadingThailand’s largest contractor seeks buyers for 15% of potash mine project Italian-Thai Development Plc (ITD), the country’s largest contractor, is offering for sale 15% of its delayed $800-million potash mine in Udon Thani with a plan to begin construction early next year. The company has been approached by both Thai and foreign partners who want […]
Continue ReadingWe recently received an email from a reader enquiring: “Do any of your members know of a reliable company from which I can purchase, import solar panels and ancillary equipments, as I have a “Plan” to make the house I am going to build for retirement…”? Does anybody know? Don’t think I’ve ever seen any […]
Continue ReadingOne of Southeast Asia’s most charming cultural heritage destinations Luang Prabang is fast approaching a tipping point. According to the new Luang Prabang Hotel Market Update (download full report here) by hospitality consulting firm C9 Hotelworks, a large scale airport expansion and high-speed railway are leading indicators of imminent change. A runway expansion capable of […]
Continue ReadingThe inaugural Phuket Property Review by the island’s leading newspaper The Phuket Gazette has been released. Providing comprehensive information on real estate including a breakdown on what’s happened in the west, east, north, south and inland sectors, it’s a must read. Other features include design, finance and commentary by some of Phuket’s leading agencies. To […]
Continue ReadingIstana Phuket received top honours for all of Asia as Best Development (Multiple Units) Asia Pacific and Best Architecture Multiple Residence Asia Pacific. The project also won three Thailand-wide awards for Best Architecture Multiple Residence Thailand, Best Development Marketing Thailand, and Best Development (Multiple Units) Thailand. Prism Estates, developer of the Istana Phuket residential estate […]
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