News about Thai

KUALA LUMPUR (April 17): Plenitude Bhd (KL:PLENITU) has named Ng Yoon Thai as its new chief executive officer to lead the real estate firm that is involved in development, investment and hospitality.

Anthony Loke said this comes as the ECRL uses the standard gauge track, which is wider, while Thailand’s State Railway (SRT) operates on a metre gauge, creating a mismatch or a lack of alignment between the two systems.

Nestled along the Chao Phraya River, Na Reva offers panoramic views of one of Asia’s great rivers – hence the tagline of the development: Where your eyes are always on the Chao Phraya River.

The relationship between Malaysia and Thailand should be seen as mutually beneficial, rather than a “zero-sum game,” said Transport Minister Anthony Loke.

Industry magazine Inside Asian Gaming (IAG) said the company would look to form a joint venture for a Thai IR licence, based on its previous exploits in Korea and Japan.

Advancecon had in an earlier filing on May 29 notified that Yeo was not re-elected at the group’s 26th annual general meeting, though he continued to remain as the COO.

According to a Bloomberg report, purchases “may more than double”.

BANGKOK (Sept 28): Thailand’s largest property owner, the State Railway of Thailand (SRT), is targeting to monetize its 44,000 hectares of land across Thailand to offset its decades of losses worth 40 billion baht (RM4.

PETALING JAYA (June 16): The plan to reopen the popular tourist island of Phuket in Thailand could serve as an example for other holiday destinations in Asia to relax their borders and attract visitors, said Banyan Tree Holdings executive chairman Ho Kwon Ping in an interview with Bloomberg on June 14.

BANGKOK (March 3): Since Thailand Securities and Exchange Commission (SEC) approved the trading of real asset tokens this month, a few Thailand developers and real estate firms are mulling the digital fundraising option by launching their own real estate-backed tokens, Bangkok Post reported.