The Export-Import Bank of Thailand yesterday appointed Daiwa and Mizuho as joint lead managers for the sale of its floating-rate notes worth US$200 million (Bt6.7 billion) to leading institutional investors, to raise funds for expansion.
The government of Cambodia has officially returned the operation of Cambodia Air Traffic Services (CATS) to its owner, Bangkok-listed Samart Corp Plc, Samart executive vice chairman Sirichai Rasameechan said on Monday.
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P.Penh returns CATS to Thai owners
Jetstar and AirAsia unveiled plans on Wednesday to slash costs and ticket prices by pooling some resources, taking the first step in an alliance that could transform the Asian budget market.
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Jetstar, AirAsia form ‘world first’ budget alliance
Medical tourism–foreigners traveling to India or Thailand for procedures that would cost an arm and a leg in their home countries–has made for great segments on 60 Minutes and even magazine features. But now the economic downturn, and health-care reform, is taking a toll on the once-booming industry. The number of Americans traveling abroad for elective medical treatment has fallen nearly 14% since 2007, according to a recent study by the Deloitte Center for Health Solutions.
According to CBRE study, Bangkok rank 151 st among 179 countries with an occupancy cost of 694 Baht per square meter. Djakarta has the lowest cost in Asia with a 481 baht per square meter. London’s West End can once again lay claim to the distinction of being the world’s most expensive office market after its rental prices surged past those in the inner central district in Tokyo.
The Pattaya-based developer Nova Group hopes low pricing will drive sales of its new 1.2-billion-baht The Cliff condominium in Pattaya, says the group’s owner, Rony Fineman. The Nova Group’s B1.2bn The Cliff condominium in Pattaya will benefit from cheap units and a 20% lower price for Thai buyers, says the group’s owner Rony Fineman.
As 2009 draws to a close, ensuring sustained recovery in the new global economic panorama has brought greater prominence to the role of regional cooperation in Asia and the Pacific, and of the need for the region to drive its own development in order to act as an anchor for global recovery in the future, according to a year-end update of the Economic and Social Survey of Asia and the Pacific 2009, which will be launched on Monday, 30 November, at 11 a.m., at FCCT in Bangkok.