Twinpalms aims to open a resort in Koh Samui, Thailand within two years and has already acquired the land for this. They are also planning to establish operations in places such as Hainan in China, Bali in Indonesia, Philippines, India and Vietnam.
Twinpalms also has plans to expand its brand by entering the four-star hotel market.
However, Twinpalms are not interested in buying into existing hotels as it is important that their properties are constructed in keeping with the hotel’s unique style.
Founder and majority shareholder, Carl Langenskiold, is now looking for partners to invest in these expansion plans.
To assist with this, Twinpalms has retained the services of leading Thai law firm, Dherakupt International Law Office Limited, to assess and streamline their current structure, whilst Limcharoen Hughes & Glanville will handle legal matters for the company.
“Potential partners could be real estate companies or funds, which are interested in Twinpalms’ properties and operations. Options include investing in the company, its properties or setting up a joint venture. The company has no preference at this stage,” Carl Langenskiold commented.
Read the original here:
Thai Government Launches “Factory Sandbox” Scheme to Protect 3 Million Jobs
The plan will focus on plants which employ at least 500 people and will build confidence among both Thai and foreign investors at a time when supply chains in rival countries are shutting down.
BANGKOK (NNT) – Thailand’s government has launched a pilot “Factory Sandbox” program to test, vaccinate and isolate factory workers, with the aim of limiting COVID-related disruptions to Thailand’s important export-driven manufacturing sector.(more…)
The environmental case for remote working
Anyone searching for a silver lining to the pandemic should look to the clear, blue skies above them. A reduction in pollution worldwide has been an unintended benefit of the lockdowns and stay-in-place orders imposed to control the spread of COVID-19.
Thailand Approves Package to Attract Wealthy Foreigners and Professionals
Thailand’s Cabinet has approved an economic stimulus and investment promotion package aimed at attracting wealthy foreigners and highly skilled professionals...
The Role of Telemedicine Today: During and Beyond the COVID-19
Lockdowns, quarantine periods, and hospitals fast filling to the brink needed the medical community to come up with solutions fast....
Malaysia, Thailand banks to join the ASEAN Banking Integration Framework
Banking institutions from Thailand and Malaysia are invited to join the ASEAN Banking Integration Framework and indicate their interest to...
Climate Change Could Force 49 Million People to Migrate in East Asia and the Pacific
Out-migration hotspots in agricultural areas of central Thailand and Myanmar coincide with areas expected to see declines in both water...
Thailand BOI Approves Measures to Support Carbon Reduction
greenhouse gas emission as well as an enhanced scheme for electric vehicles and measures to mitigate Covid-19 impacts and support...