PD House switches to raised designs for Greater Bangkok

With the post-flood homebuilding market in Greater Bangkok sluggish, homebuilder PD House Corp introduced raised designs to counter inundation concerns and lower-priced houses aimed at upcountry demand. Chairman Sitthiporn Suwannasut said overall homebuilding market value this year will decrease by 30% to 6.8 billion baht from 8 billion baht in 2011 as flood worries persist […]

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New Phuket Airport scheduled for take off – terminal construction to start June 2012 for 2014 finish

Around 40 local businesspeople and representatives met today (February 3) to discuss the B5.7 billion redesign of the Phuket International Airport (PIA), with some expressing concern that the upgrade would not be enough to cater for the expected future increase in passenger numbers. Around 40 local businesspeople and representatives met today (February 3) to discuss […]

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Thailand's steels itself for further arrests over dodgy substandard steel rods

The Department of Special Investigation has found more factories producing substandard steel rods in Samut Prakan and seized more than 100 tonnes of their products yesterday. DSI officers yesterday raided three steel trading firms in in Phra Samut Chedi district of Samut Prakan and found two of them stocked substandard steel bars. DSI director-general Tarit […]

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Thailand’s steels itself for further arrests over dodgy substandard steel rods

The Department of Special Investigation has found more factories producing substandard steel rods in Samut Prakan and seized more than 100 tonnes of their products yesterday. DSI officers yesterday raided three steel trading firms in in Phra Samut Chedi district of Samut Prakan and found two of them stocked substandard steel bars. DSI director-general Tarit […]

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Thailand's Cabinet resolves to form new water management agency

The cabinet on Tuesday agreed to set up a single command agency to boost the efficiency of the country’s water and natural disaster management, said government spokesperson Thitima Chaisaeng on Tuesday. Ms Thitima, who is also the prime minister’s deputy secretary-general for political affairs, said the new agency will comprise two committees. The National Committee […]

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Thailand’s Cabinet resolves to form new water management agency

The cabinet on Tuesday agreed to set up a single command agency to boost the efficiency of the country’s water and natural disaster management, said government spokesperson Thitima Chaisaeng on Tuesday. Ms Thitima, who is also the prime minister’s deputy secretary-general for political affairs, said the new agency will comprise two committees. The National Committee […]

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Narai to launch four new projects worth B5bn in 2012

Property developer Narai Property Co Ltd, confident about the country’s economic fundamentals, will launch four new projects worth a combined 5 billion baht in the second half of this year. Assistant managing director Jainchai Limvattanakul said Thailand’s economic figures were in a good shape despite uncertain factors including politics and floods. “The economy continues to […]

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Myanmar's ambitious Dawei project faces uncertainty

Dusty roads and makeshift offices are the only hints of the ambitious $50 billion project slated for the thick jungles near Myanmar’s southern city of Dawei, billed by its developers as the “new global gateway of Indo-China”. Big questions surround the far-reaching plans by Thailand’s largest construction firm, Italian-Thai Development Pcl ITD.BK, to transform 250 […]

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Myanmar’s ambitious Dawei project faces uncertainty

Dusty roads and makeshift offices are the only hints of the ambitious $50 billion project slated for the thick jungles near Myanmar’s southern city of Dawei, billed by its developers as the “new global gateway of Indo-China”. Big questions surround the far-reaching plans by Thailand’s largest construction firm, Italian-Thai Development Pcl ITD.BK, to transform 250 […]

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Two internationally branded hotels offered for sale in Thailand

CBRE, a leading international property consultant in Thailand, has been appointed to sell two internationally branded hotel properties in two of Thailand’s most popular beach destinations: the Courtyard by Marriott Phuket at Patong Beach and the Courtyard by Marriott Hua Hin in the Gulf resort of Cha-am.  A third separate asset, the highly profitable Hard […]

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