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Bangkok’s Royal Orchid Sheraton Sells in 5.3 Billion Baht Deal

BANGKOK – The landmark Royal Orchid Sheraton Hotel on Bangkok’s bustling Chao Phraya riverside has officially found a new owner in a major 5.3 billion baht agreement. Trust unitholders approved the high-profile transaction this week, choosing a clean buyout offer rather than extending a troubled buyback plan with the previous managing operator. This major ownership change […] The post Bangkok’s…

Bangkok’s Royal Orchid Sheraton Sells in 5.3 Billion Baht Deal

We haven't written up this one. Chiang Rai Times has the full story — the link below goes straight to it.

Read the original at chiangraitimes.com →

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Fire, smoke and statesmanship

When choking transboundary haze pushed Singapore and Indonesia to the brink of an economic and diplomatic standoff, pragmatic leadership proved that following the money trail—not nationalist…

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