The Green Nine is located on an 18-rai plot of land and comprises eight eight-storey low-rise buildings and an office building. Units range between 25-75 square metres and prices from Bt1 million to Bt3.6 million.

The company will offer a huge promotion with values up to Bt100,000 including discounts and free furniture worth Bt120,000. The company aims to sell Phase I this year and Phase II will be ready to market early next year, said deputy chief executive Wattana Pradornchai.

He added that TMB Bank is the official financial institution supporting the project.

Watch Fair posts Bt450m in sales

Central International Watch Fair 2006 has already witnessed accumulated sales of Bt450 million through yesterday, according to Allan Namchaisiri, senior vice president and head of marketing of Central Retail Corporation Ltd.

Central International Watch Fair 2006 started on August 29 and runs until September 25, at Central Chidlom, Lat Phrao, Bang Na and Pinklao.

Allan said that the company predicted sales of Bt500 million, an increase from Bt450 million at last year's event.

The fair features a showcase of 170 luxury watch brands with an accumulated value of Bt5 billion.

After the event, Central plans to hold other promotions covering all its departments for its 59th anniversary celebration, he said.

Star Alliance wins award

Star Alliance was voted Best Airline Alliance at the Business Traveller Awards held in London earlier this week.

In accepting the award on behalf of the alliance and its 18 member carriers, Philip Saunders, vice president commercial of Star Alliance, said the award was special because the voters are bona-fide travellers. This is testimony to the fact that the alliance delivers promises to customers consistently across the global network.

There is also real significance in winning this award in one of the world's most competitive aviation markets, the United Kingdom, he said.

The awards are recognised throughout the industry as the premier honours for business travel, and span 43 categories from hotels and airlines to car rentals and luggage brands. The readers of Business Traveller UK were polled between April and June 2006