development
- Business News
NIA Reform: Thailand supports startups and SMEs market entry
The National Innovation Agency (NIA) reformed its financial assistance measures, shifting focus towards aiding startups and small and medium-sized enterprises (SMEs) in getting their products to market, rather than simply supporting the development of prototypes. This year, the state agency has allocated 300 million baht to support these businesses, to generate a 3 billion baht economic and social impact, which…
- Economy News
World Bank identifies growth potential in Thailand’s secondary cities
The World Bank has highlighted the potential for growth in Thailand’s secondary cities such as Chiang Mai, Khon Kaen and Rayong in a recent study. The report, Thailand Urban Infrastructure Finance Assessment, suggests that these cities could boost Thailand’s economy if they invest in urban infrastructure improvements, such as mass transit systems and renewable energy sources. However, the study points…
- Business News
Mall’s well in the northeast: Central Pattana pours 3 billion baht into booming secondary cities
Central Pattana Plc (CPN), the retail and property developer and operator of Central shopping centres across Thailand, declared plans to invest 3 billion baht in the development of secondary cities within the northeastern provinces of Nakhon Phanom and Nong Khai. The aim is to enhance these cities’ potential to rival megacities. Tos Chirathivat, Central Group’s executive chairman and chief executive,…
- Business News
Businesses ride the AI technology wave: Boosting creativity and productivity in Thailand
The world of business has seen a seismic shift as artificial intelligence (AI) takes centre stage. AI technology is being harnessed to enhance creativity and productivity, with millions already reaping the benefits. The rise in AI-powered products from startups and organisations is visibly transforming every industry sector. Canva, a widely used visual communication platform in Thailand, is a prime example.…
- Business News
Thailand’s soft power strategy eyes tech and regulatory overhaul
Thailand’s soft power is set to receive a significant boost, with creative content experts advocating for the removal of obsolete regulations and the incorporation of cutting-edge technology. This approach, they argue, will stimulate innovation and cultural assets. Asa Piwkhum, tasked with business and innovation development at the Creative Economy Agency, indicated that the imminent meeting of the national soft power…
- Business News
China’s rise as global superpower lauded by Thai-Chinese Cultural Council president
Pinit Jarusombat, the president of the Thai-Chinese Cultural and Relationship Council (TCCRC), has acknowledged China’s ascension to the ranks of global superpower in terms of technology and economic might. The statement was made in light of the upcoming National Day of China, marking the 74th anniversary of the People’s Republic of China’s establishment. Pinit appraised China’s development, pointing out the significant…
- Thailand News
Phuket set for 148 billion baht infrastructure boost to uplift tourism
The renowned resort island of Phuket is set to undergo a significant infrastructural facelift, courtesy of a proposed budget of 148 billion baht by the Transport Ministry. The ambitious Phuket infrastructure upgrade plan includes the addition of a second airport on the island, a move aimed at transforming Phuket into a prime regional tourism hub. Transport Minister Suriya Jungrungreangkit disclosed the…
- Thailand News
Thailand and Cambodia to boost bilateral trade
Thailand’s commitment to deepen ties with Cambodia has been firmly established, with both nations aiming to boost bilateral trade volume to US$15 billion (551 billion baht) by 2025. This was confirmed by government spokesman, Chai Wacharonke, following a significant meeting between Thailand’s Prime Minister, Srettha Thavisin, and his Cambodian counterpart, Hun Manet. The meeting, which took place in Phnom Penh,…
- Thailand News
Thailand’s expressway authority digs into land values with market survey
The Expressway Authority of Thailand (EXAT) initiated a market survey concerning its plots of land located under and close to its elevated expressways. These 17 regions, which include prime business districts in Bangkok such as Silom, Phloenchit, Wacharaphon, and Asok, show significant potential for commercial EXAT land development. The survey aims to gather the perspectives of potential private investors, which…
- Politics News
Srettha Thavisin endorsed by US, EU, and Singapore
Srettha Thavisin, recently elected as Thailand’s 30th prime minister, received a warm welcome and expression of support from the United States, the European Union, and Singapore. The allies are enthusiastic about further strengthening their strategic alliances with Thailand under the new leadership. Antony Blinken, the US secretary of state, emphasized the shared values between the two nations and their joint…
- Thailand News
Phuket Chamber President awaits PM’s swift action on 3000 million baht projects
Phuket’s Chamber of Commerce President is keenly awaiting the immediate action of Thailand’s 30th Prime Minister, Srettha Thavisin. There are a myriad of pressing issues regarding Phuket projects waiting to be addressed. Kongsak Khupongsakorn, confident in his province’s ongoing economic development, is ready to collaborate with all political parties. Regardless of who assumes the role of prime minister or even…
- Thailand News
Thai railways: Double-track upgrade paves the way for 120km/h passenger speeds
The Thai government is set to partially inaugurate the Map Kabao-Jira Junction double-track railway line next year. This Thai railway development will result in an increased speed limit for passenger trains, potentially enabling them to travel up to 120 kilometres per hour, a significant leap from the existing 50 kilometres per hour. Prime Minister Prayut Chan-o-cha made a visit to…
- Phuket News
Phuket undeterred by Expo bid loss, invests in 5.1 billion baht project
Phuket’s development as an International Medical Hub remains steadfast and promising following the unsuccessful bid for the World Specialised Expo 2027/28. Phuket, a top tourist destination, is undeterred and continues with its ambitious government-backed project to carve a niche as an ‘International Medical Hub’. Government Spokesperson Anucha Burapachaisri showed optimism for Phuket’s development amidst the loss, articulating gratitude on behalf…
- Thailand Travel
Thailand’s cabinet approves budget to help Andaman tourism and development
Thailand’s cabinet is making it a priority to support development in the country’s Andaman provinces of Phuket, Phang Nga, Krabi, Trang, and Satun. The budget of 338.8 million baht will go towards 6 projects in environmental and tourism development. A budget of 80.8 million baht will go to health services and environmental systems projects at Lipe Island in Satun. A…
- Property
Top 5 property developers in Thailand 2022
The Thai capitol of Bangkok is a sprawling metropolis that’s constantly under construction. At any given moment, you’ll find roads torn up for repairs, jamming traffic for kilometres on end; the elevated concrete backbones of new sky train lines being built in the middle of already too-narrow streets; and countless apartment complexes under construction, towering more than 30 stories high,…
- Bangkok News
End of skytrain pass may impact Bangkok condo market
Bangkok’s 30-day BTS skytrain pass is coming to an end. As a result, commute prices will rise significantly for those who have to travel long distances on the skytrain each day. This may also have a major effect on Bangkok’s condo market. According to Sena Development PCL, the discontinuation of this skytrain pass is going to increase the demand to…
- Tourism News
150 million baht makeover for Bangkok klongs
Bangkok’s BMA is poised to spend 150 million baht revamping 15 kilometres of canal network in Thon Buri as part of an initiative to revive Bangkok’s reputation as the Venice of the East, a popular tourist phrase of the past referring to Bangkok’s extensive canal (klong) network, now mostly filled in and replaced with roads. The Bangkok Metropolitan Authority is…
- World News
Phu Quoc Cable Car – Build it and they will come
PHOTO: templesandtreehouses.com “It’s the best value tourist attraction you’ll find almost anywhere in the world!” The cable-car ride from Vietnam’s Phu Quoc island to Hon Thom, aka. Pineapple Island, is a breathtaking experience. It’s an astonishing tourist attraction on an island that has ambitions to be one of south east Asia’s most popular tourist attractions. The actual cable car ride, the…
- Business News
Centara signs up three more Phuket hotels
The surge of new properties continues in Phuket as the developers and Thai business leaders continue to show their confidence in Phuket as an international holiday destination. Thai hospitality group Centara Hotels and Resorts has entered into agreements to manage three hotels on Phuket’s northern west coast in Mai Khao. Two of the properties are currently operating, which are the…
- Phuket News
Kamala development is positive – a personal view
This week The Thaiger posted a few photos and prediction that the vacant corner, as you drive into Kamala from Patong, was going to another backwards step to the sleepy seaside town. The post provoked a lot of comment, including this one. The author’s identity has been hidden. What do you think about his response? https://www.facebook.com/thethaigerphuket/posts/1636282186509280?comment_id=1636333889837443&reply_comment_id=1638894932914672¬if_id=1565318229144276¬if_t=feed_comment “The funny thing about…
- Business News
Ananda development pulls the plug on Bangkok condo project
Property developers Ananda Development have pulled the plug on the development of a condo project, Ideo Q Phahon-Saphankhwai, valued at 10 billion baht, and will refund down-payments made by customers who booked units since the April launch. Ananda Development’s chief strategy officer Sumeth Ratanasrikul says that the demand to buy the project at that location didn’t match with the concept design. “Since…
- Property
Wyndham to manage new condo at Layan Beach Phuket
by Bill Barnett A new Wyndham managed condominium hotel is rising in the Layan Beach area of Phuket. Named the Laya Resort Phuket, the first phase of the project is 300 units of studio and one-bedroom configuration. The new development will be situated about 400 metres from Layan Beach. Pricing starts from 150,000 baht a square metre and a 15…