Twenty years after the financial collapse of the Thai economy following the government’s decision to float the baht due to lack of foreign currency to support its currency peg to the US, Museum Siam looks back at the past through the exhibition “Tom Yum Kung Studies: Lessons (Un)Learned” which continues until July 2.
THE CHIEF executive of Ananda Development, a major player in the Thai real-estate sector, has called on the government to be decisive about constructing a “smart city” – which he describes as a necessary investment for the Kingdom’s future.
THE “NEW normal” is a popular term that was first used to describe the change in financial and economic situations after the 2008 financial crisis. The term is now applied in a variety of contexts to state that something which was previously abnormal has now become commonplace and is the new normal.
Central Plaza Hotel (Centara) has issued a statement distancing itself from a consumer protest over a condominium project in Pattaya, claiming that although the project bears the name “Centara” under a licensing agreement, Centara “has absolutely nothing to do with the management of the project, either as shareholder or director”.
HONG KONG investors have been sinking more money into Thailand’s condominium market after enjoying returns on investment of more than 5 per cent a year, Theerapan Nunthapolpat, general manager of Siam Commercial Bank’s Hong Kong branch, said in an interview with The Nation recently.