Thailand is now the 5th most popular property investment destination for Chinese investors
Chinese real estate investors who once dominated the market for luxury condos and apartments in Thailand are now scaling back their activity due to China's economic downturn and the real estate turmoil [...]
Thailand’s economic growth revised to 3.4%: World Bank
The World Bank has reduced its economic growth predictions for Thailand for both the current year and 2024 due to expectations of a decline in the country's exports caused by a decrease in [...]
Thailand’s visa-free travel begins for Chinese tourists
On Monday, Chinese tourists arriving in Bangkok were personally welcomed by the Thai prime minister as part of a new visa-free initiative aimed at revitalizing the country's crucial tourism sector. Prime Minister Srettha Thavisin, accompanied [...]
Thailand finally has a new Prime Minister
Srettha Thavisin from the populist Pheu Thai party has secured the parliament's approval to become Thailand's next prime minister. This marks the beginning of a new coalition government and an end to weeks of uncertainty [...]
Growth of 3.1% in Thailand’s economy as tourism picks up
In the April-June quarter, Thailand's economy expanded by around 3.1%, a rise from the previous quarter's growth of 2.7%. This upswing is attributed to the increased influx of foreign tourists, as predicted by a median [...]
The latest on the Ashton Asoke Condo saga
So if you have not already heard, on the 27th of July 2023, the Thai Supreme Administrative Court revoked the construction permit for Ashton Asoke. The already completed 6.481 billion baht project in Bangkok had [...]
Growth of property sector to be fueled by the return of foreign buyers
According to real estate appraisal and consultancy agencies, the growth in Thailand's property market during the second half of this year will be driven by foreign buyers, while domestic buyers have not fully regained their [...]
Thailand lifts mask wearing mandate with immediate effect
The Thai government has lifted its mask-wearing mandate with immediate effect. This is in line with the improving Covid-19 situation in the country as the country moves towards living with the virus. On Thursday 23rd [...]
China’s zero-Covid strategy affecting condominium transfers
The number of condominium transfers made by foreigners in the first quarter of 2022 continued to fall. The main reason for this is the draconian measures put in place by China to control the movement [...]
Bangkok to be officially named “Krung Thep Maha Nakhon”
The official name for Thailand's capital is in the process of being changed from Bangkok to Krung Thep Maha Nakhon. The Thai cabinet has approved the Royal Society's proposal for the change of name in [...]
What is the Foreign Exchange Transaction form?
The Foreign Exchange Transaction (FET) Form (also known as Thor Tor 3), is an official document prepared under the Bank of Thailand (BOT) regulations to report foreign currency exchange transactions in Thailand. This document is [...]
Some signs of a rebound in buying activity especially among the Chinese
According to data gathered by Juwai IQI, a pan-Asian real estate sales and media group based in Kuala Lumpur, Chinese residential buying interest rebounded over the past two quarters. This is after four quarters of [...]
Bars in Bangkok may need to close earlier due to sudden critical Covid situation
Deputy Prime Minister and Health Minister Anutin Charnvirakul gave a Covid-19 statement on Monday. He described a situation reaching critical level with an almost 50% positivity rate in the nightclub clusters around Bangkok. The Thai [...]
Chinese Seen Leading Tourist Arrivals In Phuket After Reopening
The government expects about two million foreign tourists, mostly Chinese and Europeans, to visit Phuket this year after the nation’s most popular resort island reopens to vaccinated visitors from July 1. The holidaymakers may generate [...]
New Mobile App To Ease Queues At Land Department
The Department of Lands on Wednesday launched a smartphone application to allow people to place a booking for services and submit documents prior to visiting the department's offices nationwide. The app, e-QLands, is part of [...]
Cheap or free residency visas for Thai condominium buyers
Thailand will open up a 2-year window for foreign buyers looking to purchase a property in Thailand to obtain its Easy Access Visa for free or at a discount. The Thai government approved the new [...]
Thailand’s new Special Tourist Visa
In a bid to draw foreign tourists, Thailand has approved a new Special Tourist Visa. This Special Tourist Visa will allow foreigners to stay in Thailand for 90 days and to extend the visa twice [...]
Thailand to finalize plans to allow foreign visitors into the kingdom by October
Thailand is planning to reopen its borders to long term foreign visitors by the end of October in a bid to revive its tourism sector and save millions of jobs. According to Thosaporn Sirisumphand, Thailand's [...]
Thailand considering emergency extension to prevent second COVID-19 wave of infections
Thailand is considering an extension of its state of emergency through September 30th 2020 to prevent a resurgence of a second wave of COVID-19 infections. Thailand has gone almost three months without a local infection. [...]
Thailand experiences largest GDP contraction since 1998
Thailand's economy contracted by 12.2% as compared to a year ago. This GDP contraction is the largest since the Asian Financial Crisis more than two decades ago. The contraction, however, was not as severe as [...]
Special groups of foreigners can now enter Thailand
Business operators can now bring their foreign visitors into Thailand under Phase 6 of the lockdown easing measures. The Centre for Covid-19 Situation Administration (CSSA) has approved in principle the entry of four groups of [...]
Bangkok condo supply in Q2 sees sharp fall of nearly 80 percent
There has been a sharp decline in the number of new condominium projects in Bangkok in the second quarter of 2020, according to a Colliers International Thailand survey. The survey said only five projects were [...]
Thailand eases international flight ban
Thailand has eased a ban on international passenger flights into the country on the 1st of July 2020. It had earlier imposed the ban on the 4th of April. The Civil Aviation Authority of Thailand [...]
Thailand’s government approves a 90% tax cut on land and buildings for the tax year of 2020
In light of the COVID-19 situation, the Thai government has cut the tax of land and buildings by 90% for the taxes due in the tax year 2020. This is to relieve the burden on [...]
[BREAKING NEWS] The LINE Sathorn is cancelled?
We just received news that The LINE Sathorn by Sansiri is cancelled. We were informed of this by a Sansiri staff member and we are in the midst of contacting all our clients who had [...]