News

It’s no surprise that millennials now make up the largest share of traveler demographics and are the biggest factor in why independent hoteliers will work to perform better than in previous years. Having a full grasp where and who your business comes from is the first step in building proper revenue management. Millennials, in general, have remained neutral with their opinions on branded hotels, and...

With the Thailand 4.0 blueprint becoming a key driver of evolution towards a value economy, Thailand is set to become a centre of innovation and technology in South East Asia. Alibaba has recently announced their strategic partnership with the Thai government in support of Thailand 4.0, which will bolster developments in e-commerce and digital talent. A “Smart Digital Hub” aimed at boosting regional...

Asia Center Foundation (ACF) is a christian charity registered as a Non Government Organization (NGO) on Phuket, Thailand in operation since 2002. Our mission is to help disadvantaged children and children-at-risk by providing care, training and education so that they will fulfill their God-given potential. The ACF’s vision is to restore children to God, transform and develop them into leaders...

Late last year, famed physicist Stephen Hawking issued a warning that the continued advancement of artificial intelligence will either be “the best, or the worst thing, ever to happen to humanity”. We’ve all seen the Terminator movies, and the apocalyptic nightmare that the self-aware AI system, Skynet, wrought upon humanity, and now results from recent behavior tests of Google’s new DeepMind AI...

Bill Gates makes a point of talking about how optimistic he is, which can seem like madness when you look at the massive and complex problems he and wife Melinda have set out to solve. Through the work of their Gates Foundation, they want to cut carbon emissions to zero, drop childhood deaths in half from their 2015 levels (already sliced in half from 1990 levels), quadruple the access to contraception in...

The EEC, mass transit projects and a brighter economy bring good tidings for the real estate market. Thailand's property market prospects are expected to be bright next year based on the country's economic expansion, government spending on big-ticket infrastructure projects and the rise of the Eastern Economic Corridor (EEC). Surachet Kongcheep, a property analyst, says market growth will mirror the...

BANGKOK: The Central Group of Companies, Thailand’s biggest retail conglomerate, plans to spend B1 billion to build its first outdoor lifestyle mall in the Bang Tao area of Phuket next year. Lertvit Pumipitak, the group’s senior executive vice-president of corporate business development, said the company will start to develop Porto de Phuket on 50 rai in Bang Tao in 2019, with construction to be...

With the island’s real estate market staying strong, some owners could be thinking of selling their property. If so, here are some tips for making this move. Establishing a Price Consider what you paid for the property, how long you have lived there, what similar properties have sold for, any improvements added, present condition of the property, ask the agent about the current property climate and arm...

The Board of Investment of Thailand (BOI) has expanded its 2016 investment value target to 550,000 million baht ($ 16 Bln), an increase of about 20% from the previous target of 450,000 million baht Improved political and economic situation enhance investment climate and investors’ confidence and New opportunities explored in overseas markets while actual investment activities in Thailand to be...

THAILAND: Thailand’s new six-month, multiple-entry tourist visas will become available Nov 13, but will limit stays to 60 days at a time. New Visa The six-month multiple-entry visa will allow unlimited border crossings during the validity period. However, to prevent foreigners from basically living in Thailand on tourist visas, each entry will be be limited to 60 days. The new multiple-entry visa...