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Mounting Tourism Outcry Over Samui Drilling

Category: , Posted:09 Oct 2010 | 13:34 pm

Back of strong opposition by local residents and the island's tourism industry its been reported that the Thailand subsidiary firm NuCoastal of the UK based Coastal Energy Company will defer drilling for the next 12 months.
The oil exploration company which is traded on both the UK AMI and Canadian TSX-V stock bourses is targeting natural gas deposits near Samui.
Established in 2003 the company has been drilling for crude oil near the Gulf of Thailand's Songkhla since 2006.
The Thai government is currenty reviewing the company license with respect to an outstanding environmental impact assessment which comes due December.
Growing concern on the heels of the globally publicized BP crises in the United States has fueled opinion, especially among the larger tourism sector.

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The C9 Sessions – The Growth of Branded Residences in the Philippines

Category: Real estate, Posted:23 Jan 2025 | 11:33 am Branded residences and mixed-use projects are becoming a significant player in Philippines’s hospitality space. As property developers, real estate investors and property buyers are learning, this is a complex space that requires well-structured projects. Join us for a unique 90-minute learning session about all the moving parts in this rising marketplace. The session will feature […]
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Video Sessions From Thailand Tourism Forum 2025

Category: Hotels|Real estate|Tourism, Posted:22 Jan 2025 | 08:18 am In case you missed the Thailand Tourism Forum 2025 in Bangkok last week or did attend, and want to rewatch some sessions please find video links to all below. The event drew over 1,000 attendees and was the 14th year for TTF. We look forward to returning in 2026, but for now please enjoy the […]
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Gamechanger: Phuket’s 80-Meter Development Height Restriction Repealed

Category: Hotels|Real estate, Posted:31 Dec 2024 | 11:19 am One of the most significant changes to Phuket’s real estate sector this year is the repeal of the 80-meter development height limit. In a recent Government Gazette, the Thai Cabinet approved a re-zoning proposal by the Minister of Natural Resources and Environment, which now allows development in Zone 6 of Phuket to extend up to […]
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