The new facility will boost Toshiba Group's back-end process capacity for production of small-signal devices and "opto" devices for Asian markets, according to the company statement.

Demand is growing for the devices for consumer electronics equipment and mobile phones, especially in Asia.

- The Nation.

Resort bought

Destination Properties, a Bangkok-based real-estate investment and development firm, recently acquired the Kamala Bay Terrace in Phuket, which it plans to turn into a five-star boutique resort.

Destination Properties plans to expand the number of rooms in the resort to 200 in the next 12 months. The first phase  is scheduled to be completed by year end. The full expansion should be complete by early 2007. - The Nation.

Home sale a hit

Plus Property Partner Co Ltd sold 13 property projects worth Bt1 billion during the three-day Living Plus 2006 event at Siam Paragon, the company's chief executive Matha Chanchamcharat said.

Based on customer feedback at the event, held between June 23 to 25, the company expects its sale growthto meet its target 15 per cent to Bt3.6 billion this year, he said. - The Nation.

Condos awarded

The Met, Bangkok's latest high-end condominium with 370 units on South Sathorn Road, won the internationally acclaimed MIPIM Architectural Review Future Project Award 2006. The judges cited their impression of the relative simplicity of the development. - The Nation.