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Failed Thailand Elite Card For Sale

Category: Tourism, Posted:18 Dec 2009 | 07:15 am

After numerous attempts by the Government to salvage the failed Thailand Elite Card, Finance Minister Korn has announced Government approval for the program sale. Reportedly the process will take 30 days and expectations to transact over THB 2 billion.
Local and foreign investment firms have been invited to bid, despite the company which has operated at a loss since 2003. For those who have already purchased membership, spokesmen have clarified that privileges will be ongoing and not withdrawn. In the case of a unsuccessful bid process the company will revert to TAT (Tourism Authority of Thailand).

Other News

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Direct International Flight For Koh Samui Coming

Category: Tourism, Posted:27 Jul 2021 | 11:29 am Koh Samui is set for the resumption of international flights from Singapore on the 1st of August. Under the Samui Plus program and expecting increased demand, Bangkok Airways is taking this first step for the direct overseas service. The initial stage is three flights a week on Monday, Thursday and Sunday. Meanwhile in the Phuket […]
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Thailand Property Takes Urban Flight As Lifestyle Takes Over

Category: Real estate, Posted:26 Jul 2021 | 06:00 am Thailand’s resort real estate markets have experienced a dramatic reset in buyer profiles over the past eighteen months of the pandemic. A strong wave of domestic demand has seen Thais flocking to the country’s leisure destinations and snapping up holiday or second homes. According to new data released by Thai property portal FazWaz, the popular […]
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Just Another Sunday – Catch-Up

Category: Tourism, Posted:25 Jul 2021 | 15:08 pm It’s a great day to catch up on last week’s video sessions. Check out a replay of the special Business Insider Thailand Resort Property online event.  We also talk to a leading Thai developer on rewriting the map in Northwest Phuket, where a second resort-styled CBD is emerging and finally more on the ongoing Sandbox. […]