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Emerald Group CEO Sawit Ketroj seeks to reassure Phuket public, investors

Phuket News / Phuket

Saturday 19 May 2018, 04:57PM

PHUKET: Emerald Group CEO Sawit Ketroj, the prominent Phuket condo developer arrested earlier this month on a fraud charge, and re-released on bail this week after failing to present himself to court as part of his original bail conditions, has held a press conference to address the accusations of fraud and mismanagement.

Phuket’s Emerald Group CEO on bail again, after missing court date

Phuket News / Phuket

Friday 18 May 2018, 01:17PM

PHUKET: Emerald Group CEO Sawit Ketroj, the prominent Phuket condo developer arrested earlier this month on a fraud charge, was re-released on bail this week after failing to present himself to court as part of his original bail conditions, police have confirmed.

Court rules unregistered properties rented on Airbnb illegal

Phuket News / Business

Friday 18 May 2018, 09:18AM

BANGKOK: People whose properties are not registered under the Hotel Act and are rented out via Airbnb on a daily or weekly basis are acting illegally, according to a recent court ruling handed down to the Wan Vayla Condo in Hua Hin District of Prachuap Khiri Khan province.

Red alert raised after ash bursts from Hawaii volcano

Phuket News / World

Wednesday 16 May 2018, 09:57AM

UNITED STATES: A massive plume of volcanic ash burst from Hawaii’s Kilauea volcano on yesterday (May 15), prompting authorities to issue warnings about air quality and the likelihood of a major eruption.

CPN acquires 22.93% of Dusit Thani

Phuket News / Business

Tuesday 15 May 2018, 02:55PM

BANGKOK: Central Pattana Plc (CPN), the SET-listed property and retail developer under Central Group, has acquired a 22.93% stake in Dusit Thani Plc, a leading hotel and property development company, for B2.14 billion.

JLL takes home 27 awards at 2018 International Property Awards Asia Pacific

Phuket News / Business

Friday 11 May 2018, 12:19PM

BANGKOK: Global real estate consultancy JLL scored five-star ratings in the Best Property Consultancy category for Thailand, China, India, Hong Kong, Australia, Malaysia, Singapore, Indonesia and South Korea at the 2018 International Property Awards Asia Pacific held in Bangkok last week (May 4).

Major quake hits Hawaii, prompts further volcano eruptions

Phuket News / World

Saturday 5 May 2018, 09:07AM

HAWAII: A magnitude 6.9 earthquake shook Hawaii’s Big Island today (May 5), prompting fresh eruptions of a volcano that has been spewing lava near residential areas, forcing hundreds of people to flee.

Not For Sale: Attempt to sell Phuket beachfront state-owned land for B3.6bn draws fire

Phuket News / Phuket

Saturday 5 May 2018, 09:00AM

PHUKET: An online advertisement selling prime beachfront land on Phuket’s west coast for B3.66 billion has spurred officials into action as the land in question is currently illegally occupied by encroachers facing forced eviction as ordered by the Supreme Court.

Emerald Group CEO held on remand, bail request yet to be heard

Friday 4 May 2018, 05:54PM

PHUKET: The Phuket Provincial Court today confirmed that whether or not Emerald Group CEO Sawit Ketroj, who faces a charge of defrauding the public over Phuket condo units not being completed, will be granted bail has yet to be decided as he has yet to be arraigned.

Phuket condo mogul arrested for fraud on defaulting investors

Phuket News / Phuket

Thursday 3 May 2018, 01:10PM

PHUKET: Police have arrested the CEO of a Phuket development company for defrauding investors by receiving monies paid for condo units and not delivering said units – or refunding their deposits paid.

Protesters ready for ‘war’ over Doi Suthep

Phuket News / Thailand

Tuesday 24 April 2018, 09:09AM

CHIANG MAI: A civic network will this Sunday (Apr 29) intensify its protest against the state housing project at the foot of Doi Suthep in an attempt to prompt Prime Minister Prayut Chan-o-cha to make the “right” decision and return the area to nature.

Thai man, 30, in alleged Phuket handgun suicide

Phuket News / Phuket

Saturday 21 April 2018, 04:59PM

PHUKET: A 30-year-old Thai man was found dead inside a property in Wichit this morning (Apr 21) after allegedly committing suicide by shooting himself in the head with a handgun.

Man admits to Phuket mobile phone shop burglary, second man on the run

Phuket News / Phuket

Thursday 19 April 2018, 10:38AM

PHUKET: A man arrested on Tuesday (April 17) in connection with the theft of 70 mobile phones from a phone shop in Rassada last Tuesday has confessed to police that he was one of two men who committed the robbery.

Teen ‘admits’ to murder, denies rape

Phuket News / Thailand

Thursday 12 April 2018, 09:20AM

BURIRAM: A 17-year-old teenager has confessed to robbing and killing a 73-year-old woman who also appears to have been raped, according to local police.

Cyber risk key challenge for ‘Smart Cities’ like Phuket, says proptech report

Phuket News / Business

Thursday 5 April 2018, 01:31PM

PHUKET: While Thailand rolls forward with its “Phuket Smart City” project, such “smart cities” in Asia-Pacific must be ready for the cyber security risks that accompany the growing adoption of tech-enabled real estate and infrastructure, notes a new report, “Clicks and Mortar: The Growing Influence of Proptech”.

Phuket Law: Residential leases unlocked - Do the the regulations apply retroactively?

Phuket News / Business

Sunday 1 April 2018, 11:00AM

Last week, we spelled out the key conditions to come into effect on May 1 after a raft of changes were introduced in a Notification under the Consumer Protection Act (1979), which regulates residential rental contracts of structures structure (for example, houses, apartments, and condominiums).

Forest court, housing construction get green light to continue

Phuket News / Thailand

Thursday 29 March 2018, 09:09AM

CHIANG MAI: Army chief Chalermchai Sitthisad has given the green light for the construction of the new Region 5 Court of Appeal office and housing for judicial employees at the foot of Doi Suthep National Park in Chiang Mai to continue, saying the project does not encroach on the forest or violate any laws.

Hong Kong’s richest tycoon

Phuket News / World

Sunday 25 March 2018, 09:45AM

HONG KONG: Hong Kong tycoon Li Ka-shing, 89, who has announced his retirement, started his career selling plastic flowers and spent seven decades building a vast business empire spanning everything from container ports to telecommunications.

All change in rentals: New laws provide more protection for lessees

Phuket News / Business

Saturday 24 March 2018, 10:00AM

PHUKET: On Feb 18, Thailand issued a notification under the Consumer Protection Act (1979), which regulates leases of residential structures, including houses, apartments and condominium. Pursuant to the notification any person or company that leases five of more residential structures (with some limited exceptions) is considered a residential structure “business operator”.

MontAzure marks construction milestone for twinpalms residences MontAzure in Phuket

Phuket News / Business

Friday 23 March 2018, 09:20AM

PHUKET: The developers of MontAzure, the upscale residential resort community on the west coast of Phuket gathered in Kamala with the joint venture partners to celebrate the completion of the main structure at its unique beachfront condominium development, Twinpalms Residences MontAzure.

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