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The site of the Australian embassy in Sathorn area, almost eight rai of land, is being offered for sale by expression of interest, according to the appointed sole agent JLL.

The cabinet on Tuesday approved the draft bill for the long-awaited land and buildings tax, intended to narrow economic disparity, after a review by the Council of State.

DT Group of Companies (DTGO), owned by the Chearavanont family, is expanding overseas in property development, design, construction consultancy and trading as it seeks to boost revenue to 35 billion baht by 2020.

Asset World Corporation, an asset development company under TCC Group, plans to open 50 new hotels in Thailand over the next five years and aims to grow its revenue by 30% this year.