by wilbersuen | Sep 9, 2024 | News
Hotel operators are expressing concerns over proposed changes to foreign ownership rules in real estate, fearing it could result in a rise in illegal hotels in Thailand. The government’s proposal includes extending the leasehold period for foreigners to...
by wilbersuen | Sep 4, 2024 | News
Higher debt leverage resulting from double financing is making it more difficult for property companies to secure bank loans, forcing some developers to rely on short-term loans from major shareholders. Apinant Klewpatinond, chief executive of Kiatnakin Phatra...
by wilbersuen | Sep 3, 2024 | News
New condo launches in Greater Bangkok are anticipated to fall below expectations this year, largely due to sluggish demand amidst economic challenges, according to Colliers Thailand. Phattarachai Taweewong, Director of Research at Colliers Thailand, explained...
by wilbersuen | Sep 2, 2024 | News
The vision of a continuous train journey from Bangkok to Beijing is closer to becoming a reality, thanks to the recent completion of a critical railway bridge over the Mekong River, connecting Thailand and Laos. This milestone significantly advances cross-border rail...
by wilbersuen | Aug 28, 2024 | News
In July, exports posted their highest growth in 28 months, surging by 15.2%, as easing inflation and improved purchasing power among key trading partners fueled demand. Poonpong Naiyanapakorn, director-general of the Trade Policy and Strategy Office (TPSO),...