THAILAND took a major step toward giving foreigners the right to buy land for housing, as the country seeks to boost its economy by enticing more wealthy international investors. Property ownership by individuals is currently limited mainly to condominium units or through complicated long-term lease agreements. The new plan, endorsed at a Cabinet meeting on Tuesday […]
Read MoreCommerce Minister Jurin Laksanawisit has expressed confidence that Thai exports could expand by up to 8% this year after robust growth in the first nine months. Key supporting factors for Thai export growth include a resumption of global economic activities after the lifting of Covid-19 restrictions, resulting in higher demand, particularly for food and industrial goods, […]
Read MoreAn extension of the property tax cut on transfer and mortgage fees this year, which includes second-hand homes, increased the housing supply offered in the market in the second quarter. Vichai Virakapan, acting director-general of the Real Estate Information Center (REIC), said the number of second-hand homes nationwide offered for sale in the second quarter of […]
Read MoreThailand’s manufacturing sector is expected to keep growing next year following the easing of Covid-19 infections, but economic challenges caused by high inflation and the impact of the Russia-Ukraine war could cause a bumpy ride, according to analysts. Higher demand for industrial products overseas is expected to drive growth in various industries, including automobiles and auto […]
Read MoreThailand is preparing to host “Global Research Council Asia-Pacific Regional Meeting 2022” in Bangkok during Nov 21-23. Thailand Science Research and Innovation (TSRI) together with the National Research Council of Thailand and the Program Management Unit for Human Resources and Institutional Development, Research and Innovation are the official hosts for the regional meeting. They are expected […]
Read MoreThailand’s exports rose more than expected in September, helped by increased shipments of food and industrial goods, the commerce minister said on Wednesday. Exports, a key driver of growth, rose 7.8% in September from a year earlier, compared with a forecast rise of 4.20% year-on-year in a Reuters poll, and against August’s 7.5% increase. In […]
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