More foreign developers have been coming to Thailand to form joint ventures with Thai developers in recent years. Japanese developers in particular have been pursuing long-term relationships in the country since 2013. The two pioneering ventures involving Japanese firms were Ananda Development Plc with Mitsui Fudosan and AP Thailand with Mitsubishi Estate. More Japanese firms have followed, […]
Read MoreCredit standards for consumer loans, particularly in auto lending, are projected to ratchet up in the second quarter, according to the Bank of Thailand’s quarterly survey on credit conditions. Credit standards for mortgages are expected to tighten this year given enforcement of the central bank’s new loan-to-value (LTV) requirement and financial institutions’ concerns about borrower quality […]
Read MoreThe state-run Electricity Generating Authority of Thailand (Egat) has been ordered to purchase a new block of 200,000 tonnes of crude palm oil in May and June to increase the domestic prices of fresh palm nuts and crude palm oil. The government hopes to push the price up to 2.80-3 baht per kilogramme for fresh palm […]
Read MoreA SLIGHT dip in the consumer price index (CPI) for last month has kept inflation on track to meet the 1.2 per cent growth target for this year set by the Commerce Ministry. “The Commerce Ministry is maintaining its target inflation bracket for 2019 at between 0.7 and 1.7 per cent, with a mean of […]
Read MoreThe government’s latest tax perk for property will likely have a minimal impact on the housing market because only a handful of homebuyers will qualify for benefits, say property analysts. Phattarachai Taweewong, associate director of research for property consultant Colliers International Thailand, said the new stimulus measures for the property sector may not help boost […]
Read MoreConsumer prices rose for the fourth straight month in April, driven by fresh food and vegetables, rice and flour, and meat and poultry, as well as higher oil prices. The consumer price index (CPI), which gauges headline inflation, rose by 1.23% last month from April last year but eased from a 1.24% surge in March. […]
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Thailand
