The Foreigners’ Working Management Emergency Decree Number 2, B.E. 2561 was issued in March 2018 and meant to clarify and simplify certain work permit practices and regulations. The intention was to make it easier and more attractive for foreigners to work in Thailand; unfortunately, the new Decree has created problems for the very foreigners supposed to gain […]
Read MoreChallenges await property developers next year with the Bank of Thailand (BOT) poised to implement a more restrictive regime on mortgage loans starting April 1, along with the recent with a rise in the policy rate, and an expected slowdown of the country’s economic growth, according to realty experts. “We believe developers will have a […]
Read MoreMANILA, Philippines — The inflow of foreign direct investments (FDI) is expected to top $10 billion anew in 2018 and 2019 as investors continue to view the Philippines as a favorable investment destination, according to the Bangko Sentral ng Pilipinas (BSP). The central bank now expects the inflow of hard investments into the country reaching a record high of […]
Read MoreThe Hanoitimes – Japanese investors are now aiming to pour US$9-10 billion into Vietnam over the next few years, mostly into infrastructure development and real estate. The State Bank of Vietnam (SBV)’s tightened credit policy will push more domestic real estate developers to join hands with foreign investors to have alternative funding, experts said. Banking credit […]
Read MorePETALING JAYA: Malaysia is entering 2019 with unsold completed residential units rising to 30,115 units as at Sept 30, 2018, an increase of 48.35% from the 20,304 units a year ago. According to the Valuation and Property Services Department’s (JPPH) latest figures released on Saturday, the total value was RM19.54bil, a 56.44% rise from RM12.49bil […]
Read MoreFood establishments involved in significant food poisoning incidents now face even stiffer penalties, following a series of large-scale incidents in the last two months which involved around 600 people and resulted in one death. The changes are the result of a review of the overall regulatory framework aimed at ensuring food establishments take greater responsibility […]
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Thailand
