Most Thai consumers (89%) are aware of buy now, pay later (BNPL) instalment plans as a payment option, though only a minority used it in the last year, according to a study by Mastercard. An overwhelming majority said backing from established financial institutions such as banks would increase their trust and comfort in using instalment […]
Read MoreLand prices in the suburbs of Greater Bangkok are increasing due to the rising demand for housing development, the Real Estate Information Centre (REIC) said on Wednesday. “Land prices in the suburbs of Greater Bangkok are not very high compared to the extremely high rates in the centre of Bangkok,” the centre said. The top […]
Read MoreThe cabinet yesterday approved a request by the Interior Ministry to withdraw a controversial bill on land ownership by foreigners, said official spokesman Anucha Burapachaisri. Due to a chorus of disapproval, the draft was withdrawn to facilitate a comprehensive study and gather public input to ensure the planned amendment would increase competitiveness and provide long-term economic […]
Read MoreThailand is suffering from an acute energy crisis at the moment and the Energy Ministry of the country plans on closing pubs, petrol pumps, and 24-hour convenience stores early if the situation deteriorates further. Kurit Sombatsiri, the Permanent Secretary of the Energy Ministry, informed that the rising prices of liquefied natural gas (LNG) and the weak baht […]
Read MoreBill Heinecke, the Thai-American chairman of Minor International Pcl that runs more than 500 hotels worldwide, wants Thailand to allow hotels to charge international tourists a surcharge of 300 baht (US$8) per room night to fund the industry’s post-Covid-19 pandemic recovery. The additional room rate along with a raft of other proposals, “will help Thailand’s hospitality […]
Read MoreThe Immigration Bureau (IB) unveiled its Electronic Extension of Temporary Stay (e-Extension) service on Tuesday to make it easier for expats to apply for visa extensions. Pol Gen Damrongsak Kittiprapas, the national police chief, said the e-Extension would enhance visa services as the system lets them lodge the extension request online. The service covers the whole […]
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