Local news Real estate

Foreigner arrested on illegal land trading charges

  A FOREIGN MAN on the run after being slapped with charges of illegal land trade in Phuket and Surat Thani has been arrested in Pattaya, Naewna newspaper said last night (Mar. 15). The wanted foreigner, only identified as Mr. David, 58, from the USA, was  taken into custody in front of Jomtien Hospital in

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Business Real estate

Builder Italian-Thai Development flags cash flow issues, seeks bank loans

  By Reuters and published by CNA THAILAND’S largest builder Italian-Thai Development is negotiating with banks for new loans due to cash flow issues that have prompted it to make partial salary payments, the company said yesterday (Mar. 13). Italian-Thai Development told the Stock Exchange of Thailand that revenue from construction projects remained smaller than

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Business Real estate

Chinese buying trends still strongly boost residential market: Savills Thailand

  By Nina Suebsukcharoen THE Thai residential market is still being strongly reinforced through Chinese buying trends that added quite significant value all of last year with Thai buying too remaining reasonably consistent in all sectors, Mr. Robert Collins, CEO of Savills Thailand said in an exclusive interview on Tuesday (Mar. 5). While Mainland Chinese

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Real estate

Under construction condo’s fire escape collapses, 3 houses damaged

  THE EXTERNAL fire escape of a luxury condo under construction in Nonthaburi city suddenly collapsed yesterday (Dec. 8) damaging three adjacent houses but fortunately no one was injured, Naewna newspaper said. Reporters inspecting the site of this construction accident saw an announcement by Nonthaburi’s Building Control and Urban Planning Department temporarily suspending work but

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Real estate

1.62 million people benefit from upgrading land papers to title deeds

  By Thai Newsroom Reporters AN ESTIMATED 1.62 MILLION farmers and villagers nationwide can now have papers which they may currently hold to occupy state-owned land finally upgraded as individually-owned land title deeds for agriculture, said a senior official today (Nov.16). Agricultural Land Reform Office secretary-general Winarot Sapsongsuk confirmed that some 1.62 million people in

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Local news Real estate

Ex-minister, Pattaya mayor arrested at airport over graft charges

  FORMER culture minister and Pattaya mayor Itthipol Khunpluem was arrested at Suvarnabhumi Airport upon returning from Phnom Penh, Cambodia, at 10 a.m. this morning (Oct. 9), as he faces malfeasance charges stemming from approval of a condominium project in Pattaya over a decade ago, Naewna newspaper said. Itthipol, together with Mr.Pichet Uthaiwattananont, Mr. Witthaya

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Real estate

New, open arrest warrant issued for ex-minister who skipped town

  THE Criminal Court for Corruption and Misconduct Cases in Rayong this afternoon (Sep. 7) issued a new, open arrest warrant for former culture minister and Pattaya mayor Itthipol Khunpluem under malfeasance charges stemming from approval of a condominium project in Pattaya over a decade ago, Naewna newspaper said. This non-expiry arrest warrant also applies

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Real estate

Wanted ex-culture minister, Pattaya mayor has fled the country

  FORMER culture minister and Pattaya mayor Itthipol Khunpluem, wanted under arrest warrant issued over malfeasance charges stemming from approval of a condominium project over a decade ago, has already fled the country, Naewna newspaper and Amarin TV said this afternoon (Sep. 6). Pol. Maj. Gen. Chomchawin Punathananon, acting commander for Chonburi, said Itthipol flew

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Real estate

Private sector ‘confident senators will back Pita for PM’

  THE head of Thai Condominium Association Mr. Peerapong Jaroon-ek said today (May 21) the private sector is certain senators would definitely endorse Move Forward leader Pita Limjaroenrat for prime minister as they would not dare oppose voters who gave his party a huge victory with Pheu Thai Party coming second, Matichon newspaper said. Peerapong,

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Real estate

Indian, Chinese investors buying pubs, restaurants in Pattaya

  WHILE many foreigners are investing in Chonburi province, Indian and Chinese investors have channelled the most funds in buying up businesses in Pattaya to cater to their countryfolk holidaying at this seaside tourist city, Matichon newspaper quoted business people in this province as saying today (Feb. 27). Indian investors bought up pubs and restaurants

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Real estate

Court orders suspension of EIA for high-rise condo project 

  THE CENTRAL Administration Court today (Dec. 28) ordered the suspension of the environmental impact assessment (EIA) approval granted to a high-rise condominium project in Ratchadapisek area after neighbours had filed a lawsuit over blocking of wind and sunlight, TV Channel 7 said. Mr. Srisuwan Chanya, president of the Anti-Global Warming Association, said residents of

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