Investment

Yamu resort opens soon in Phuket

Yamu resort opens soon in Phuket

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PHUKET: New resort Point Yamu by Como will open in Phuket this November. The resort will have 106 rooms and private villas with ocean-facing, floor-to-ceiling windows in each room for views of Phang Nga Bay. It will have three restaurants, serving Italian, southern Thai and ‘healthy’ food; a large swimming […]

Phuket Property: Local retail sector booming

Phuket Property: Local retail sector booming

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PHUKET: Our paradise island has been famed (and defamed) the world over for its many “s” attractions (and distractions) – sea, sun, sand, surf, sailing and sport… among others. Nowadays, the island is increasingly associated with one more “s”: shopping. Although residential projects – condos, housing subdivisions, hotels and luxury […]

Phuket May Benefit from Resort Brand’s Commitment to Nature

Phuket May Benefit from Resort Brand’s Commitment to Nature

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PHUKET: The International Union for Conservation of Nature and Marriott International have launched a partnership to protect the environment and support Thailand’s local communities through mangrove restoration, the use of sustainable seafood sources and local procurement practices in Bang Krachao and areas in the South potentially to include Mai Khao, […]

New Promise: Phuket based boating ready to ride a surge

New Promise: Phuket based boating ready to ride a surge

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Yachting and recreational boating of all kinds could be Phuket’s single biggest draw — the biggest and best marine leisure industry in Asia — with chartering, marinas, joining cruises, dive cruises, gamefishing and, eventually, boat-building together adding up to something far greater than its parts People come to Phuket for water-related activities,” says […]

Phuket’s secret souvenir: The perfect pair

Phuket’s secret souvenir: The perfect pair

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PHUKET:Breasts are big in Phuket. Big business, that is. In recent years, both Bangkok Hospital Phuket and Phuket International Hospital have seen dramatic increases in cosmetic breast surgeries, fueled by rising numbers of medical tourists. The Phuket Gazette’s Orawin Narabal reports on one of the island’s hottest tourist draws: The […]

Labour shortage affects smaller developers

Labour shortage affects smaller developers

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Many small and medium-sized property firms have had to suspend their condominium and other housing projects due to a labour shortage and bank restrictions on the provision of project financing, according to a survey by the Agency for Real Estate Affairs (AREA). Some developers, meanwhile, have had to delay the […]

Thailand No 16 in change readiness

Thailand No 16 in change readiness

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Thailand ranks 16th in KPMG’s 2013 Change Readiness Index (CRI) out of 90 economies surveyed. A new study by KPMG International gives insight into the capacity of countries to respond to change caused by shocks such as natural disasters or longer-term trends such as technology, demographics, global competition and investment.The […]

Thai female entrepreneurship in spotlight in Phuket

Thai female entrepreneurship in spotlight in Phuket

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PHUKET: The future is bright for Thai female entrepreneurs, but the arrival of the Asean Economic Community (AEC) at the end of 2015 will bring challenges, says Bangkok University lecturer and researcher, Ulrike Guelich. Mrs Guelich was in Phuket last weekend to speak at an International Business Association of Phuket […]

Analysts predict 8% profit growth for property sector in H2

Analysts predict 8% profit growth for property sector in H2

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With about Bt78 billion in unrealised revenue from secured contracts, property firms should post 8-per-cent-higher profits in the second half of this year compared with the same period last year, according to Maybank Kim Eng Securities (Thailand)’s securities analysts. However, risk factors such as loan rejection and intense competition should […]

Australia encourages business expansion in Thailand

Australia encourages business expansion in Thailand

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AUSTRALIA is encouraging its businesses, particularly small firms, to learn more about Thailand and regard it as a new base of investment and a launching pad for Asean markets, notably Myanmar. Australia Ambassador James Wise said last week that still too few Australian companies have done business and invested in […]