ERAWAN: Center for sale
The Erawan Group plans to sell Ploenchit Center to SCB Asset Management for Bt1.4b to help improve its financial performance this year, said its chief financial officer, Kamonwan Wipulakorn.
Read the latest Thailand Travel & Hotel News here.
The Erawan Group plans to sell Ploenchit Center to SCB Asset Management for Bt1.4b to help improve its financial performance this year, said its chief financial officer, Kamonwan Wipulakorn.
Travellers could soon be able surf in Bali, shop in Singapore and eat spicy street food in Thailand before crossing into Cambodia and cruising the Mekong in Vietnam - all on a single tourist visa.
The travel business in Thailand is likely to suffer a negative impact over the next three to six months as Japanese tourists defer plans to come here, while Thais are likely to travel to other countries for fear of being caught in another quake.
Thai AirAsia (TAA)'s long-awaited initial public offering (IPO) has been set in motion as the country's largest low-cost carrier moves to raise up to Bt6b in the fourth quarter to support its growth plan
W Bangkok has been topped off and construction is on schedule for completion mid 2012.
Thailand’s largest retailer Central Group recently announced plans to develop a THB13 billion (US$427.4 million) Central Embassy complex on a 9-rai plot of land acquired from the British Embassy.
Minor International foresees a bright future for the overseas expansion of its hotel and food business, with new contracts that will significantly raise the number of hotel rooms and food outlets under its management.
Accor Asia Pacific plans to add 16 new properties to its Thailand portfolio by next year on expectations of continued growth in the country's tourism industry.
Bangkok's 'showpiece' airport is still beset by ongoing problems, from long queues to taxi scams to overpriced food. Will it ever change?
Thai Airways International (THAI) made a preemptive move to sign a joint venture agreement with Tiger Airways to set up the Thai offshoot of the Singapore-based low-cost carrier (LCC) ahead of the Transport Ministry's nod.
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