Uncertainty is looming in the Bangkok residential property market, according to CBRE, the international property consultancy. Although developers have recently increased launches of condominiums, sales to Thai buyers have slowed in some locations and are likely to slow further with the coming imposition of tighter mortgage lending. Some developers are trying to find locations where there […]
Read MoreState-owned electricity company PLN has expressed its commitment to lowering the price of electricity for industry, as it is still considered too expensive. PLN corporate planning director Syofvi Felienty Roekman said in Jakarta on Tuesday that electricity prices had become one of the factors behind investors’ reluctance to invest in the country. She said that in […]
Read MoreKUALA LUMPUR: The domestic business sentiment is expected to continue declining from October to December amid slower national economic growth and external vulnerabilities. However, the Malaysian Institute of Economic Research (MIER) executive director Prof Zakariah Abdul Rashid said the domestic business conditions remained favourable despite the uncertainties on the near-term outlook in the fourth quarter. Zakariah said local production may experience a sharp decline in the […]
Read MoreTyres, books and community-based products will be subject to the shopping tax break scheme starting next month, according to Finance Minister Apisak Tantivorawong. The year-end tax break is being offered to boost local consumption of these products. Tyres must be made by domestic manufacturers while books can be either hard copies or e-books. Community-based products, […]
Read MoreEVERYONE knows the proverb “Give a man a fish and you feed him for a day; teach a man to fish and you feed him for a lifetime”. For too long personal finance has been a vehicle for the informal sector to prey on unsuspecting consumers by giving access to credit under predatory terms. In […]
Read MoreCity Hall’s efforts to regulate the use of pavements is damaging one of Thailand’s biggest tourism draws, an expert at Chulalongkorn University’s Urban Design and Development Centre (UCDC) has warned. “The government is trying to make street vendors disappear, despite the global recognition of Thailand’s street food scene,” said Adisak Guntamuanglee, an expert on urban planning at […]
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Thailand
