Thailand Company News

The Pattaya property market has potential to stage a full recovery this year, spurred by 15 billion baht in spending planned to improve transport and utilities services, communities and the environment.

The 32nd Bangkok International Motor Show finished up successfully with the booking of over 33,000 vehicles, well above the 28,000 target. Nevertheless, as small cars ruled the show, the combined value of sold vehicles was short of the Bt40 billion target.

Thailand's fast-growing property market runs a risk of facing a slowdown after its robust growth last year, according to a real-estate expert.

Hotel developer, Minor International, will complete the transfer of the riverside Bangkok Marriott Resort & Spa from Marriott management to its own in-house brand Anantara by 11 November.

Bangkok contains the most office space of any ASEAN city, including Singapore, according to research by Colliers International throughout Asia Pacific.

Hotels are reporting signs of recovery throughout the country, Thai Hotels Association president, Prakit Chinamornpong, told in the association's bimonthly meeting Tuesday.

Thai Airways International should shed its status as a state enterprise so the government would stop meddling in its affairs, advocates a think-tank for the Finance Ministry.

Small and boutique hotel operators need business strategies that |capture the right targets to survive in this difficult time, hotel experts say.

Thailand's largest coal miner, Banpu, is confident of strong demand from Japan in the next few years as the country will either have to increase the capacities of existing power plants or build new ones to make up for the shutdown of the disaster hit Fukushima nuclear plant.

The first community mall developed by relatives of whisky tycoon Charoen Sirivadhanabhakdi will open in downtown Bangkok in May.