BANGKOK: Thailand’s central bank has tightened controls on credit cards and unsecured personal loans, a move that should contain high household debt levels and could cut domestic consumption. The measures, effective Sept 1, come at a time of concern about overspending by citizens and rising bad loans. The rule-changes mean credit-card holders can no longer […]
Read MoreMANILA, Philippines – The lifting of the value-added tax exemptions on low-cost housing as proposed by the tax reform bill would exacerbate the growing backlog for houses, property stakeholders said. Colliers International research manager Joey Roi Bondoc told The Star the removal of the VAT exemption on the sale of low-cost housing would make owning a house more […]
Read MoreKUALA LUMPUR: Maybank Investment Bank Research has maintained its “sell” rating on 7-Eleven Malaysia Holdings (SEM) with an unchanged target price of RM1.10. The research house said SEM unveiled its “Back to Basics” exercise during its analyst briefing. It said more emphasis would be placed on cost efficiencies moving forward. “With its newly announced ‘Back to Basics’ […]
Read MoreThe economy is expected to maintain its momentum in the second quarter, with Deputy Prime Minister Somkid Jatusripitak expressing confidence that the second quarter’s economic performance is unlikely to be lower than the 3.3% recorded in the first quarter. Growing exports will be instrumental to the country’s growth in the second quarter, Mr Somkid said yesterday […]
Read MoreDetail of seminar: Date: Saturday 5th Aug, 2016 Time: 2 PM -4 PM Venue: Anantara Siam Bangkok Hotel (Room: Montathip3) Cost: Free Register online: http://goldenemperor.com/seminar_eng Topics to be covered at the seminar: 1. Understanding Vietnam’s new residential housing law for foreigners (i.e. who are eligible to purchase, what are the restrictions, and whether one can purchase […]
Read MoreThai restaurants, in particular small and medium-sized ones, are seeking help from the government with the cost of bringing back foreign staff who fled across the border following the initial launch of a new labour law last month. After an outcry from businesses, the implementation of the new Royal Decree on the Recruitment of Foreigners was delayed […]
Read More
Thailand
