The Bank of Thailand is considering relaxing the loan-to-value (LTV) regulations governing mortgage lending by refraining from requiring co-signers. The central bank has considered a raft of proposals from property developers to ease the LTV requirements, with an end to the co-signer rule likely the only one to change, said Ronadol Numnonda, deputy governor for […]
Read MoreThe average appraisal price for new land, which will take effect for four years starting from Jan 1, 2020, has risen by 8% nationwide from the current version. The appraised prices of about 70% of total land have been held from the previous assessment, with 29% increasing and the remaining 1% falling, said Wilawan Veerakun, […]
Read MoreAS Singapore further slashed its official growth forecast on Tuesday, the question of economic stimulus moves loomed large. Not time yet, argued some. Targeted measures needed soon, said others. But where there is no disagreement is that it will be a challenging period for the Republic ahead. Gross domestic product (GDP) is now expected to […]
Read MoreTwo-way trade between Cambodia and Thailand rose steadily during the first half of the year, according to a report from the Thai Business Council of Cambodia (TBCC). For in depth analysis of Cambodian Business, visit Capital Cambodia Bilateral trade increased by 7 percent year-on-year in H1, reaching roughly $4.1 billion, TBCC’s report revealed. From January to […]
Read MoreLast week, the national income estimates for the first semester were released. The growth rate of output or GDP was 5.5 percent based on year-on-year estimates. A lingering question for the whole year is whether the year’s growth target of around six percent for 2019 is achievable. Under-performance. This was a disappointing result as the […]
Read MoreThe Mandalay Region government needs to have specific policies to boost small-and-medium enterprises (SMEs) in order to attract and grow high-skilled jobs. The Mandalay Region Chamber of Commerce and Industry (MRCCI) unveiled the 2019-2022 Mandalay Region Business Agenda last month suggested several initiatives including for taxation, regulations, labour and education that the regional government can […]
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