China's passion for luxury goods fuels their rapidly escalating cost of operation and diminished competitiveness vs. Chiang Mai

China major target for luxury brands:

"Chinese consumers are now eyeing high-end luxury goods with ever more money in their once flat pockets.


China’s rapid evolution from a basic emerging market to a sophisticated economic powerhouse is ready to see the country become the world’s largest luxury goods market over the next decade.


CLSA Asia-Pacific Markets, majority owned by France’s Credit Agricole SA, expects China to account for as much as 44 percent of global luxury sales by 2020, up from the current 15 percent."

IBM selected Chiangmai to be a Smarter City

IBM selected Chiangmai to be a Smarter City - Pattaya Mail - Pattaya News, Communities, Opinions and much more...:

 "CHIANGMAI, 18 April 2011 -IBM has chosen Chiangmai province among 22 other cities around the world to become “Smarter City” with the information technology system to promote agriculture, industries and public health.
Chiangmai Governor Momluang Panadda Dissakul said after meeting with U.S. Consul General in Chiang Mai Susan Stevenson and IBM representatives that the province would be the center of all standardized services in the Northern region."

Promenada Presents!

Pleas view the new video here that gives further insight into this exciting development for Chiang Mai;
Promenada Video

Promenada breaks ground!

Promenada breaks ground!:

"Recently Promenada Resort Mall Chiang Mai commenced a stone placing ceremony on Monday February 21, 2011. Thailand’s first open-air resort style shopping experience combined with a contemporary multiple level air-conditioned mall, a 2,800-million-baht investment and located on 58-rai land. Its design is to blend in nature with vibrant city lifestyle; some can sit back and relax in close-to-nature outdoor area, while some enjoy shopping and entertainment in the stunningly beautiful design in the indoor area. Additionally to Mr. Tjeert Kwant, President and CEO IP Holding & ECC Invest, Mr. Dion L.J. Heijmans, Chairman and Founder of ECC, Dr. Wachara Tantranont of V-Group Chiang Mai, Mr. M.L. Panadda Diskul, Chiang Mai Governor and Mr. Tjaco T. van den Hout, Ambassador for the Kingdom of The Netherlands in Thailand, were present"

Cinema City romania invests EUR 5 million in Braila multiplex

Could thisd be something to expect for Promenada Chiang Mai? [ED]

Cinema City invests EUR 5 million in Braila multiplex - News - Business Review:

 "Cinema City is inaugurating its first multiplex in Braila, which represents its tenth national investment, since 2007. The 5 million investment, located in Promenada Mall, consists in a 10-cinema multiplex, with a capacity of 1724 seats"

Elephant Nature Foundation: April 2011 Newsletter

Elephant Nature Foundation: April 2011 Newsletter:

"There's a New Girl in Town! In the early evening on March 6th a female elephant in her mid-thirties walked from a nearby trekking camp to Elephant Nature Park, escorted by two of our mahouts and some of our volunteers. Her name will be Tilly and she was rescued with funds donated by Bob Barker from the USA"