Thailand Company News

Oishi Group is lifting competition in the 7.7-billion-baht green tea market to another level with carbonated green tea to deal with ever-changing consumer preferences and tastes.

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.

The dispute between the National Telecommunications Commission and CAT Telecom over the licensing of third-generation high-speed cellular networks will not be resolved.

Net foreign capital inflow has exceeded US$10 billion (Bt300 billion) in the first five months of this year, which could add more fuel to inflation, the Bank of Thailand said yesterday.

Retailers of all formats plan to accelerate their investments for the rest of the year in response to better-than-expected profits in the first quarter.

Rush to launch new projects sends land prices soaring

This year the TAT will once again hold an Amazing Thailand Grand Sale, running from June 15 until August 15.

Modest adjustments to existing foreign property ownership legislation to improve inbound investment could help produce major benefits in real estate, construction, retail consumption, education, transport, schooling, and tourism, says a local property executive.

The Treasury Department's latest revaluation exercise could give a further boost to land prices, especially for plots along the commuter-rail lines in Greater Bangkok.

Thai hospitality group Minor International is planning to introduce a new four-star hotel brand this year as part of a global expansion strategy.