Search Results for: investments
- Property News
Koh Samui’s property pivot: Luxury living, rising condos, and smart investments
Koh Samui is undergoing a quiet revolution in its residential property market. While the headlines often focus on Thailand’s better-known destinations, this island in the Gulf of Thailand is steadily drawing the attention of lifestyle buyers and investors—especially those eyeing luxury villas at competitive prices. With the total value of Samui’s real estate market for sale currently reaching approximately 30.3…
- Business News
Main trends of the gaming market and investments in Thailand
Gaming market sector now stands at an inflection point. Market scale, tech advances, and evolving player tastes form a potent mix. You gain better platforms and deeper gameplay. Titles like Pac-Man or Super Mario are nostalgic for many people. They were the precursors to modern video games and entertainment at 1xbet casino and other gambling platforms. The gaming sector is…
- Thailand News
Thai Cabinet approves tax breaks for big EV investments
The Cabinet has approved a draft decree to offer tax incentives for companies investing in large commercial electric vehicles (EVs). This measure allows companies to claim double the expense for locally produced EVs and 1.5 times for imported ones. Deputy Government spokesperson Sasikarn Watthanachan stated that the decree aims to encourage the use of large commercial EVs, such as electric…
- Phuket Travel
Tourism boom drives residential-led hospitality investments in Phuket
Thailand’s tourism boom is driving lifestyle investments as traveller traffic morphs into a desire to stay longer in the country. The number one beneficiary is Phuket, where arrivals continue to soar with a 23% increase in 2024 compared to the previous year for a total of 8.65 million arrivals registered at Phuket International Airport. The key trend emerging, according to…
- Business News
Japan urged to boost Thai investments, focus on semiconductors
Commerce Minister Pichai Naripthaphan called on Japanese businesses to boost their investments in Thailand, particularly in the semiconductor and high-tech sectors. This appeal comes as the Thai government aims to recover from a significant drop in Japanese investments following the 2014 coup. Investment from Japan plummeted by up to 90% after the coup and has yet to return to previous…
- Business News
Calls for action on Chinese investments in Thailand
The new Government of Thailand is facing calls to swiftly address the growing perception that Chinese products and investments pose a threat to Thai interests. This sentiment, if left unchecked, could harm Thailand’s export and tourism sectors. President of the Panyapiwat Institute of Management and an expert on the Chinese and US economies, Sompop Manarungsan, emphasised the need for cooperation…
- Thailand News
Global investments start Southern Land Bridge project in 2026
The Southern Land Bridge megaproject is set to move forward, with companies from China, the United Arab Emirates, and the United States expressing interest in investing, according to the Office of Transport and Traffic Policy Planning (OTP). OTP Director-General Panya Chupanich stated that if everything proceeds as planned, construction will commence in 2026 and conclude in 2030. The Land Bridge…
- Business News
E-Foreign Business service said to simplify foreign investments
The Department of Business Development (DBD) is set to launch a new online service this month, the e-Foreign Business is aimed at streamlining the process for foreign investors to apply for business permissions in Thailand. Director-General of the DBD, Auramon Supthaweethum highlighted that the new system is designed to shorten the processing time for business registrations and reduce the volume…
- Business News
SET unveils plan to boost foreign and family business investments
The Stock Exchange of Thailand (SET) unveiled a strategic business plan targeting foreign industries operating in Thailand and family businesses, aiming to boost market capitalisation. SET executives highlighted the shift in investment trends, particularly post-pandemic, with technology stocks rising as traditional businesses adapt to the digital age. SET officials noted that the Thai market has faced trust and confidence issues…
- Business News
Finance ministry secures deals for 250 billion baht investments
Following the passing of the fiscal 2024 Budget Expenditure Act, the Finance Ministry has confirmed that new financial agreements for investment projects totalling 250 billion baht have been finalised. Deputy Finance Minister Krisada Chinavicharana revealed that during the delay in the act’s signing, governmental bodies with pending investment projects initiated their procurement processes. These processes included creating terms of reference…
- Property
10 Best neighbourhoods for condo investments in Bangkok 2024
Deciding where to live in Bangkok can be both exciting and overwhelming. Each neighbourhood in this vibrant city has its own distinct charm, culture, and lifestyle tailored to different preferences. There’s no one perfect area for everyone; it all depends on your needs and your personal taste. Factors like proximity to work and school, commute times, and lifestyle choices all…
- Business News
Southeast Asia lags in green investments
Southeast Asia is significantly lagging in green investments aimed at reducing emissions, according to a report by Bain & Company, a global consultancy. The region’s energy consumption is projected to increase by 40% within this decade, leading to a continued rise in carbon dioxide emissions due to its heavy reliance on fossil fuels. The report, produced in collaboration with green…
- Business News
Thailand’s SET index forecasted to rise due to return of foreign investments
Asia Plus Securities (ASPS) forecasted a potential rise in the Stock Exchange of Thailand (SET) index to the 1,500-point level by year’s end, up from approximately 1,380 points last month. This optimistic prediction stems from the expected return on foreign investments and the impact of the recently approved Thailand ESG Fund (TESG) on trading. ASPS anticipates the index to climb…
- Thailand News
Czech mate: Thailand’s wheels of fortune spin with potential investments
The Czech Republic has expressed interest in investing in Thailand’s automotive and medical sectors, according to Nalinnee Taveesin, Thai Trade Representative. The Czechs are keen to establish economic partnerships in Thailand’s automotive industry, to attract Czech automotive companies for investment, develop technology, and set up production bases in Thailand. The companies showing interest are the Skoda Group (Volkswagen Group), a…
- Thailand News
Economic reformation in action: Thailand open for foreign investments amid polycrisis
Prime Minister Srettha Thavisin declared Thailand’s openness to foreign investments and readiness to collaborate with the private sector for an economic reformation to create an inclusive and sustainable future. Speaking on Wednesday at the Foreign Industrial Club Gala Dinner, the Thai PM’s speech, titled Reformation of Thai Economy Amidst Polycrisis, was summarised by government spokesperson Chai Wacharonke. The 61 year…
- Economy News
Foreign investments bolster Thai economy with 58.9 billion baht boost
From January through July of this year, Thailand welcomed a foreign investment sum of 58.9 billion baht. A notable chunk of this influx originated from Japan, whose companies lavished the largest amount of capital on developing their businesses within Thai borders. Estimates suggest that the Japanese investors led the pack with a total outlay of 19.9 billion baht. They were…
- World News
Malaysia targets quality investments, complex products to boost trade growth
Malaysia is focusing on attracting quality investments and manufacturing more complex products to manage risks to trade growth, according to Investment, Trade and Industry Minister Tengku Zafrul Abdul Aziz. He emphasised the importance of creating an environment that attracts the right kind of investments, fostering industrial development, and producing products with higher complexity scores. Tengku Zafrul said, “It is only…
- China News
Strict Covid-19 rules make companies in China think about moving investments
Now that 43 cities in China are under either full or partial lockdown, more and more European companies in the country are seeking to move their investments. The European Chamber of Commerce in China announced today that nearly a quarter of respondents on a survey were considering moving current or planned investments out of China. 92% of the respondents say…
- Thailand News
Thai government to ease tax rules for investments in digital assets
The Thai government has approved the easing of tax rules for digital assets in order to promote and develop the industry. The move comes amid a surge in cryptocurrency trading in the kingdom, according to a Reuters report. Finance Minister Arkhom Termpittayapaisith says the relaxed rules means cryptocurrency traders can offset annual losses against gains in the case of taxes…
- World News
Southeast Asia’s internet economy boosted by record investments
Southeast Asia’s internet economy is being boosted by a record number of investments. In the first half of this year, global investments amounted to US$11.5 billion into tech companies, with the bulk of funds being directed at e-commerce and the digital financial services sector. The number of deals during the same time period rose by 65% compared to the same…
- Economy News
Ease on foreign investments and cut on official interest rate
The Bank of Thailand will now allow Thai residents to send money overseas to invest directly and the domestic trading in gold in foreign currencies. The Central bank governor Veerathai Santiprabhob says the move should help slow the baht’s worryingly rapid appreciation. The new measures will come into effect tomorrow. Exporters will be allowed to invest their earnings abroad, up to…
- Bangkok News
Chinese owners using condo investments as a ‘hotel’
PHOTO: Thai Rath Residents in condos around the country are getting sick of the parade of short-stay travellers using their condo rooms as defacto hotel rooms, travellers renting out their rooms from Chinese owners who run their investments as quasi hotel rooms. Thai Rath reports that “Condo C Ekkamai” (Sukhumvit Soi 63) tenants are at the end of their tether.…
- Pattaya News
Making safe property investments in Phuket
PHUKET: At a time of year when many property sales are taking place in hotspot investment destinations, such as Phuket, it seems now is an appropriate time to recap the types of legitimate investment for foreigners interested in property in Thailand, and to note that there are some very straightforward methods of avoiding complicated and cumbersome transactions. Aside from land…
- Business News
Finance: Five bad investments to avoid
PHUKET: While there are good investments that can turn into bad investments along with bad investments that can eventually turn into good investments, there are some that are generally always bad for investors. With that in mind, the following investments are ones you should either avoid or limit your exposure to: 1) Your employer’s stock: Legendary fund manager Peter Lynch…
- Business News
Be on the lookout for dubious investments
PHUKET: Many readers responded to the recent article “Retirement is all about safety first” (story here). Many could relate to the common pitfalls that expats have discovered in Thailand. While investing in a bar or restaurant is typically a losing proposition, at least the foreigner would still have a place to eat and drink. Where things take a really ugly…
- Business News
The lowdown on common EFT investments
PHUKET: Given that so few managed funds are able to consistently beat important market benchmarks, Exchange Traded Funds (ETFs) are great investments, because they track and replicate the performance of key market indices at a minimal cost. However, the popularity of ETFs has led to their proliferation with some being better investments than others. So what are the best ETFs…
- Business News
Cut costs on investments – Phuket Finance
PHUKET: If you are like many expatriates living in Phuket, you have probably failed to realize the impact trading or investment fees can have on your portfolio’s return, as such costs are often hidden and can quickly add up over time. In a rising market, these costs may not be so noticeable; but in a stagnant or falling stock market,…
- Business News
Free seminar in Phuket to focus on overseas investments for expats
PHUKET: A free investment seminar focusing on portfolio management for expats living off the interest produced through their ventures will be held on July 25 at Loch Palm Golf Club.The seminar is being organized by one of the longest standing financial consultancies in Thailand, Montepelier (Thailand) Ltd. Leading the seminar for Montepelier Wealth Management will be Ron Keyte, who has…
- Business News
Phuket Business: Now is the time to structure your financial investments
PHUKET: Now that 2012 is in full swing and no doubt many of the New Year’s resolutions have been thrown out of the window, it’s time to get a hold of the purse strings and have a set plan for the forthcoming year. I have already given my views on what I believe we can expect from the year ahead.…
- Business News
Phuket Business: Bad investments – a fiscal toy story
PHUKET: I often write about things which I think may or may not be worth considering as an investment. Today I would like to try and get my readers to understand some things which generally are considered as bad investments. Professionals in my industry usually will vary greatly on their opinions of what is a good investment at any one…
