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		The Office of Contemporary Art and Culture will spend around Bt1.06 billion to rent the building for 30 years from 2012-2041 and buy building insurance.&nbsp;</div>
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		Chai Nakornchai, director-general of the office, said that about Bt179 million would be spent on renovation of the building, which would take 10 months to complete.</div>
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Contemporary art centre planned

Over 1,000 Thai protesters accuse World Bank and IMF of favouring the rich on October 15

<p style="margin-bottom:11px"><span style="font-size:11pt"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif"><span style="font-size:18.0pt"><span style="line-height:107%">Nongluck is a senior economic journalist covering the macroeconomics, real estate, and corporate investment strategies driving growth across Thailand and Southeast Asia</span></span><span lang="TH" style="font-size:18.0pt"><span style="line-height:107%"><span style="font-family:&quot;Angsana New&quot;,serif">.</span></span></span></span></span></span></p>

Contemporary art centre planned

The Cabinet Tuesday approved more than Bt1 billion in funding to turn an old building on Rajadamnoen Avenue into a contemporary art centre, Culture Minister Sukumol Kunplome said.

'Speeding' motorcycle rider plunges 6 metres down hole on Thonburi road

Military trucks on standby at 11 Bangkok districts to transport commuters

Constitutional Court chief orders probe into ‘leak’ of witness’ statement