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Thailand: Belt & Road must be a two-way street

Connecting China’s renewed outbound investment focus with Southeast Asia’s infrastructure needs should be a priority for Thailand if it is to achieve greater economic resilience over the medium term. At their recent summit in Bangkok, Asean government leaders noted the importance of foreign investment in infrastructure, technology and industrial productivity in order to maintain the […]

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Thailand: Revenue mulls capital gains tax

The imposition of a capital gains tax on equity investments is being studied, including input from academics, but whether it will be enacted rests with the government, says the head of the Revenue Department. The Revenue Department must consider the pros and cons of taxing gains from selling shares, said Ekniti Nitithanprapas, director-general of the […]

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Thailand: Rental apartments facing demand shift

As the number of Japanese expatriates in Thailand decreased to lower than 20% of total expats for the first time in 2019 and dropped 4% year-on-year to 34,133 as of April 2019, a change in demand is seen and its impact on the rental apartment sector in Bangkok is felt, despite a healthy performance. Typically, […]

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