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Thailand: Property developers anxious about year ahead

Property developers should be more cautious about financial liquidity and new supply launches because residential presales and transfers are unlikely to be as robust as previously expected this year.  Atip Bijanonda, president of the Housing Business Association, said that if the global economy does not improve, there will be an adverse impact on the Thai […]

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Thailand: High-speed rail needs help to make an impact

For all the hype surrounding Thailand’s planned high-speed railway lines, their economic impact will be minimal without better planning to improve urban amenities and productivity in the services sector, say Japanese researchers.  Based on current plans, the rail projects would improve the kingdom’s gross domestic product (GDP) by only 0.1% by 2035, according to a research […]

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