The local real estate market has probably reached bottom. A large number of new projects are being launched around Phuket.
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Archive for July, 2009
“Phuket real estate market at bottom”
Takua Pa under water
Heavy torrential rain over the weekend on the Andaman coast of Thailand has created flooding in a number of locations. Water reaching up to three meters submerged part of Takua Pa on Monday. All schools have been ordered closed.
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Flu epidemic escalates in Thailand
It took 8 weeks for Thailand to reach 1500 confirmed cased of the A H1N1 flu virus and 8 days to reach the next 1500 cases. Academics see the epidemic a big blow to Thai economy if the flu outbreak is not kept under control by September.
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Thai cabinet approves security measures for Phuket
Prime Minister Abhisit Vejjajiva and the cabinet has approved use of the Internal Security Act on Phuket and the area around during the upcoming ASEAN metting in July.
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