On 23 June, New Nordic Development hosted a webinar, which was attended live by around 300 clients.  We have since created unofficial texts of this meeting in French and Russian. We have also embedded the recording from the webinar for those who were unable to join...

On 23 June, New Nordic Development hosted a webinar, which was attended live by around 300 clients.  We have since created unofficial texts of this meeting in French and Russian. We have also embedded the recording from the webinar for those who were unable to join...

Greetings from the New Nordic Group in Thailand. As has been reported extensively in the international press, the third wave of COVID-19 has hit Thailand severely. Over 2,500 new infections were recorded each day in May. This is having a significant adverse impact on...

Greetings from the New Nordic Restructuring Team May 2021 It has been nearly a month since we have updated our customers and we want to keep you informed on progress towards restructuring of New Nordic Development as well as correct some misinformation you may have...

Dear Customers, Agents, and Business Associates, Once again, we would like to thank you for your continued patience and understanding during these difficult and testing times. As you’re no doubt aware, almost every industry globally has been affected by the impact of...

Dear Investor, We would like to thank you for your patience and understanding during this very special and difficult time. Like every company in our industry, it would be entirely possible to bemoan the ‘challenges’ which have affected the tourism and hospitality...

Restructure conversations coming to a close In our weekly news on July 15, 2020, it was informed that the company has been working hard to find good solutions and ways to protect the investments of all investors in the face of the global COVID-19 pandemic. It was...

Thai borders unlikely to open until 2021: The Pattaya Village focusing on the local market Last week, the Tourism Authorities of Thailand (TAT) announced that borders are unlikely to open until 2021 in order to ensure the health and safety of its population. This...

 Dear Investor,  On March 27, the Group announced that the rental guarantee payments will be withheld and that cash back payments will be reduced to 3% in an effort to manage the cash flow of the Group to protect the company and our investors through the current...

Dear Investor, With the world coming to a stop for several months, we are now seeing a domestic easing of restrictions in several countries. This also goes for Thailand, which is the market the Group is currently mostly dependent on with its 1,300 rooms in The Pattaya...