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Thailand: Colliers names hottest condo locations

Thong Lor, Ramkhamhaeng, Charoen Nakhon, Sam Yan and Talat Phlu will be the top five locations for new condo launches this year despite concern over the property market outlook.  Phattarachai Taweewong, associate director of property consultant Colliers International Thailand’s research department, said those locations have strong demand and supply launched in previous years did not accumulate […]

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Thailand: Rules on ICOs to boost confidence of investors

The Security and Exchange Commission’s (SEC) increasing role in regulating Initial Coin Offerings (ICOs) will boost investors’ confidence in the new fund-raising method, according to an expert in blockchain. “Instead of letting individual parties conduct their own ICOs, it is better to have an official process of collecting the relevant information as it will provide […]

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2nd Thai-Myanmar Friendship Bridge ready for Tuesday opening

TAK: Preparations have been underway for the opening of the second Thai-Myanmar Friendship Bridge linking Thailand’s Mae Sot district and Myanmar’s border city of Myawaddy on Tuesday.  Therdkiat Chinsoranand, the mayor of Nakhon Mae Sot Municipality, on Sunday inspected the preparations. The construction of the bridge, spanning the Moei River between Ban Wang Takhian in tambon […]

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Thailand: BBL offers QR payments in Japan

Bangkok Bank (BBL) plans to start offering cross-border payments via standardised QR code in Japan later this month and aims to extend digital payment service across Asean in the next phase.  With the service, users would be charged lower fees for foreign currency exchange than credit cards or cash, and it is convenient, said executive vice-president […]

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Thailand: China wants EEC estate land

A group of Chinese investors, led by representatives of China’s government, has expressed interest in buying 10,000 rai of industrial estate land in the Eastern Economic Corridor (EEC) to create its own community and improve its supply chain in Asean.  The Chinese government and private sector held talks a few weeks ago with the Industrial Estate […]

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Derivatives lure Thai investors

Thai investors have shifted to derivatives products because of sporadic financial market volatility and greater investment knowledge, says KGI Securities Thailand.  Lin Chih-Hung, chief operating officer of KGI, said stock markets in Taiwan and Thailand are similar in terms of investor structure, with the majority of trading value coming from individual investors.  Retail investors previously accounted […]

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