Destination Capital formed as investment fund to revive hospitality sector
Destination Capital Formed as Investment Fund to Revive Hospitality Sector Asia Pacific mandate with a focus on acquiring hospitality assets in Thailand with turnaround and value add potential The company plans to acquire a portfolio of 12-15 hotels over the next 18 months with capital values ranging up to 1.5 billion Baht. Five strategic hotel […]
Google launches balloon-powered internet service in Kenya
Nairobi, Kenya (CNN)A fleet of balloons has begun providing internet service to remote areas of Kenya, Google’s Project Loon and Telkom Kenya announced. It’s the first balloon-powered internet to launch in Africa, and the first non-emergency commercial deployment in the world, the two companies said. According to a statement, the project will use a fleet […]
ASEAN MEKONG INTEGRATION
The “Association of South-East Asian Nations” or “ASEAN” was formed from the ASEAN Declaration in Bangkok on 8th August 1967 (as a successor to the Association of South-East Asia, “ASA” in 1961), and is just four years younger than the EEC (now the EU). ASEAN is now a grouping of ten geographically, culturally and politically […]
Oz tech titans to build world’s tallest ‘hybrid timber’ tower in Sydney
SYDNEY: Global software giant Atlassian will build the world’s tallest “hybrid timber” building for its new headquarters in Sydney, the company said on Thursday (Jun 25). The 40-storey structure, coming in at 180 metres (590 ft), will be constructed with timber mass – layers of softwoods pressed together – and will feature a glass and steel […]
TM30 reporting rules relaxed
Property owners will no longer be required to report the presence of foreign tenants in their properties as often as they do now, starting from Tuesday. Section 38 of the Immigration Act requires that property or hotel owners who take in foreigners as guests notify officials within 24 hours, known as the TM30 rule. The Immigration Bureau has […]
EEC Office to push for more foreign businesspersons to be let into Thailand
The Eastern Economic Corridor (EEC) Office will propose that the Centre for Covid-19 Situation Administration (CCSA) consider allowing groups of foreign business operators to visit EEC provinces, EEC Office secretary-general Kanit Sangsubhan said. The office will propose that the visitors undergo Covid-19 tests in their own country, and again upon arrival in Thailand. They will […]
NEILSON HAYS LIBRARY BOOK SALE
NEILSON HAYS LIBRARYBOOK SALE 27 June to 26 July Tuesday through Sundayfrom 9:30 to 17:00 Neilson Hays Library, a Bangkok institution renowned for its collection of over 20,000 English language books, was unfortunately not able to host it’s bi-annual book sale in May because of the Covid-19 virus restrictions. Instead, we will hold a smaller book sale spaced out over four […]
Siam Premium Outlets Bangkok
Siam Premium Outlets Bangkok is the first Siam Premium Outlets site located on the eastern outskirts of Bangkok at Kilometer Marker 23 of the Bangkok- Pattaya Motorway and at around 10 minutes’ drive from Bangkok’s Suvarnabhumi International Airport. The new development emphasizes outdoor settings, nature, green surrounding, and water. It has a total gross floor […]
Countdown! Thailand’s first satellite launch planned for Friday
Thailand’s air force will launch its first satellite this Friday, following months of delay. Dubbed Napa-1, it’s scheduled to be launched using an Ariane Vega rocket from a staging area in French Guyana in South America, according to a Royal Thai Air Force source. The launch was postponed 3 times, in September and December last […]
Foreigners to be allowed in
One thousand foreign visitors are expected to be allowed entry to Thailand per day and the standard 14-day Covid-19 quarantine rule will be waived, according to an implementation plan for “travel bubbles” to be submitted for the Centre for Covid-19 Situation Administration (CCSA)’s approval on Wednesday. These visitors, who in the beginning will be mostly […]