NEWS

The Ritz-Carlton Bangkok to open in 2023

PUBLISHED ON May 7, 2019

The Ritz Carlton Bangkok is scheduled to open in 2023, after Marriott International signed a deal to open its first Ritz-Carlton property in Thailand’s capital. Housed within a 50-storey commercial tower across Lumphini Park, The Ritz-Carlton Bangkok will be part of the ‘One Bangkok’ lifestyle district. It will offer 32 suites and 259 guest rooms. An array of amenities […]

LG Electronics shuts South Korea production to move to Vietnam

PUBLISHED ON Apr 29, 2019

LG Electronics Inc will stop producing smartphones in South Korea and move manufacturing to Vietnam, joining global rivals in reorganizing production as they battle a slump in global demand. The restructuring of its business comes as LG, once one of the world’s top three mobile phone makers, has seen its global market share spiraling to […]

Tycoon Number Rising in Cyprus

PUBLISHED ON Apr 23, 2019

Individuals are getting wealthier. Cyprus tycoon number is rising the fastest, according to a late report by Knight Frank. The number of individuals in Cyprus worth over US $30 million rose to 205 in 2018. The report predicts that individuals in Cyprus worth over $30 million is expected to rise by about 20% to 25% […]

New York Ranks First Among Global Real Estate Markets

PUBLISHED ON Apr 15, 2019

New York real estate tops global markets, according to the Boston Real Estate Times. The city, the representation of the American Dream, tops the charts based on its exposure, stability, security and capital appreciation. Boston and New York are a class of their own when it comes prime real estate markets. New York has consistently […]

Investments from Japanese Hoteliers Vying for Market Share in Thailand

PUBLISHED ON Apr 9, 2019

Thailand‘s rising economy is the driving force of its investments in the property and commercial markets. Foreign direct investments amount is still increasing and is expected to continue well into 2019. On the other hand, Japanese hotels are scurrying for more investments in Thailand to meet rising demand for high-end accommodation. They will vie for market share […]