Uncertainty is looming in the Bangkok residential property market, according to CBRE, the international property consultancy. Although developers have recently increased launches of condominiums, sales to Thai buyers have slowed in some locations and are likely to slow further with the coming imposition of tighter mortgage lending. Some developers are trying to find locations where there […]
Read MoreTyres, books and community-based products will be subject to the shopping tax break scheme starting next month, according to Finance Minister Apisak Tantivorawong. The year-end tax break is being offered to boost local consumption of these products. Tyres must be made by domestic manufacturers while books can be either hard copies or e-books. Community-based products, […]
Read MoreCity Hall’s efforts to regulate the use of pavements is damaging one of Thailand’s biggest tourism draws, an expert at Chulalongkorn University’s Urban Design and Development Centre (UCDC) has warned. “The government is trying to make street vendors disappear, despite the global recognition of Thailand’s street food scene,” said Adisak Guntamuanglee, an expert on urban planning at […]
Read MoreAnyone who follows cryptocurrency has come to expect frequent bouts of volatility in coin prices. Over the past year or two, some coins have gained value and some have dropped. From an investment standpoint, there have been a few successful cryptocurrencies, as bitcoin has demonstrated — even if it too has been subject to wild swings. […]
Read MoreKasikornbank (KBank) is expanding its presence in Laos as part of the bank’s regional outreach plan, targeting loan growth in the country to reach 3 billion baht next year. Given Laos’ economic growth potential, the bank targets loans to reach 3 billion baht, deposits 2 billion, and trade finance transactions 18 billion in 2019, said Pattanapong Tansomboon, […]
Read MoreThailand’s overall border trade is likely to miss the government’s 15% growth target thanks to the impact of heavy floods in Laos and Myanmar, the weakness of the Burmese kyat, and the deepening trade row between the US and China. Adul Chotinisakorn, director-general of the Foreign Trade Department, said border trade, including transit trade, is expected […]
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