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Tourism authorities expect 70,000 visitors to Koh Samui from Hong Kong and China this year and believe the market has good potential for growth. THANARAK KHUNTON The Tourism Association of Koh Samui (TAKS) forecasts the average hotel room rate on the island will remain stable until 2017 due to fierce competition and supply from illegal […]

A land owner in Bang Krachao in Samut Prakan put up this sign to sell his plot. Signs like this are more frequently seen in Bang Krachao as the land price rises. As more sell agricultural land in Bang Krachao, groups promote eco-tourism THE AGRICULTURAL image of Samut Prakan’s Bang Krachao area is set for […]

The Finance Ministry is poised to allow property developers to deduct expenses incurred from building homes for the poor from their taxable profits under a soon-to-be-launched scheme. The move is part of government efforts to improve living standards for the poor. Construction costs for homes valued at no more than 500,000 baht would be eligible […]

Crocodiles wait to be fed at the Sri Ayutthaya Crocodile Farm in this 2014 file photo. New rules would require farms to have pit walls at least 1.5 meters high, along with other safeguards to prevent escapes. Crocodile farms will need walls at least 1.5 metres high around their pits under planned government guidelines, an […]

Solar Farm. Image from www.thailandindustry.com Super Solar Energy Co, a wholly-owned subsidiary of Superblock PCL, is acquiring five solar-cell power producers with a combined investment of up to 14 billion baht ($396 million), according to its report to the Stock Exchange of Thailand. The five companies include Power Technology International Co Ltd (PTI), Energy Serve […]

Thailand’s SPCG operates 36 mega-solar farms around the country. BANGKOK/TOKYO — Thailand is becoming the center of mega-solar power facilities. The Southeast Asian nation is leveraging its biggest advantage in the field — its abundant sunshine — to attract solar power companies to the country. The companies will likely leverage their success to expand the […]

An artist’s impression of the Crystal Veranda, the new phase at Crystal Park on Ekamai-Ramintra road, developed by K.E. Land Co. K.E. Land Co, the operator of Crystal Design Center on Praditmanutham road, will spend at least 10 billion baht to develop a mixed-use complex next to its retail project to cash in on the […]

Conergy solar plant in Thailand. Source: Conergy Asia & ME. License: All rights reserved October 15 (SeeNews) – German downstream solar firm Conergy said on Thursday that it has signed contracts for 231 MWp of photovoltaic (PV) power capacity in Southeast Asia over the past three months, most of which will be installed in the Philippines. […]