Property slowdown looms over Thai market The Thai cabinet has approved last week cutting both housing transfer and mortgage fees to 0.01% for 12 months Some developing economies from Thailand to Dubai and Brazil are facing double-digit real estate sales declines on the back of weakening domestic growth, says Bloomberg. Bangkok Aerial Photograph and Chao Phraya…
Overall Thai household debt remains at a high level: BOT BANGKOK, 1 May 2019(NNT)-A study by the Bank of Thailand (BOT) has found that overall Thai household debt is still high. Government agencies are advised to maintain a policy to strictly supervise financial institutions’ lending, and provide information and an understanding of financial planning to…
Thai economy to grow 3.6% in 2019 Thai economy this year is now expected to grow at 3.6%, showing minor signs of deceleration due to the global economy BANGKOK, 27 April 2019 (NNT) – The overall Thai economic prospects still see continuous growth potential from private investments and tourism, while the establishment of an elected…
Strong growth from key markets compensate for slight dip in Chinese tourists by Thanchanok Phobut | Senior Coordinator, Thailand CBRE, international property consultants, believe that the Thai tourism market is still as resilient as ever. Earlier this year, the Ministry of Tourism and Sports announced they are expecting more than 40 million tourists to visit…
SET signs MoU with Shenzhen bourse to strengthen Thailand-China capital market The Stock Exchange of Thailand (SET) signed a memorandum of understanding (MoU) with Shenzhen Stock Exchange (SZSE) SET signs MoU with SZSE to strengthen Thailand-China capital market collaboration BANGKOK, April 23, 2019 – The Stock Exchange of Thailand (SET) signed a memorandum of understanding…
Thailand’s Human Capital Key to Long-Term Growth Investing in human capital and pursuing economic reforms is critically important for Thailand to become a high-income nation Amid a global slowdown and elevated trade tensions, the Thai economy is projected to grow by 3.8 percent in 2019 and 3.9 in 2020, according to the World Bank’s Thailand…
Asean economic ministers to sign two documents for boosting services sector and investment ASEAN CHAIR Thailand has lined up 13 ambitious goals to achieve regional integration as the 25th Asean Economic Ministers’ Retreat (AEMR) kicks off today in Phuket, where two pacts are set to be signed to enhance services trade and investment within the…
Thailand in lead pack for Asean capital markets THAILAND ranks in the top three of capital markets in Asean and is expected to stay in the leading pack in 2030, trailing only Singapore and Indonesia, a study indicates. The report, Capital Markets in 2030, drew on research by The Economist Intelligence Unit on behalf of…
A Thai Energy Tycoon’s Big Bet Made Him $1 Billion Richer (Bloomberg) — Thai energy tycoon Sarath Ratanavadi’s fortune has surged $1 billion since late December as investors warm to his bet on Vietnam. Shares in his Bangkok-listed firm, Gulf Energy Development Pcl, have jumped 50 percent following its mid-August announcement of wind and solar…
Inflation diverges in Southeast Asia’s two biggest economies BANGKOK: Inflation in Southeast Asia’s two biggest economies, Indonesia and Thailand, diverged in March, putting the two nations on possibly different monetary policy courses. Consumer-price growth in Indonesia eased to 2.48 percent last month, below the central bank’s 2.5 percent to 4.5 percent target band, while in…