investment
- Economy News
Top 5 nationalities investing in Thailand in Q1
Foreigners invested 33 billion baht into Thailand in the first quarter of the year, a government spokesperson revealed today. Investors from Japan invested the most, followed by investors from Singapore and the USA, respectively. A spokesperson for the Prime Minister’s Office and Deputy Secretary-General to the Prime Minister Anucha Burapachaisri revealed that the government approved investment from 174 foreign investors…
- Hot News
Former Thai model arrested for scamming victims out of 100 million baht online
Police arrested a former Thai model for creating an online investment scam that stole over 100 million baht from victims. According to the Bangkok Post, Wetika Jaija was arrested in the San Sai district of Chiang Mai at a residential address. The 30 year old Wetika was charged with obtaining loans amounting to public cheating, entering false computer system data into…
- Business News
Thailand woos crypto companies with tax waiver
Thailand‘s Cabinet approved a tax waiver for cryptocurrency firms yesterday. The Cabinet decided that companies raising funds by issuing digital tokens for investment are exempt from paying corporate income tax and value-added tax (VAT), according to a government spokesperson. Once the new tax waiver is implemented, crypto companies can issue investment tokens in Thailand without any tax on primary or secondary…
- Press Room
Siam Paragon invests 3 billion baht to transform the global landmark to the next level
Siam Paragon, a world-class destination, has officially launched a transformation project to redefine the ‘global landmark in the heart of Bangkok’ and take it to new heights of excellence to meet all the lifestyle needs of the future, reinforcing its positioning as one of the most-visited ‘global landmark destinations’. Starting towards the end of 2022, the 3-billion-baht investment project will…
- Hot News
Australia charges Chinese nationals in US online scam totalling over US$100 million in losses
Four Chinese nationals in Australia are being charged with an online investment scam that allegedly caused losses of over US$100 million. The scam, which was mostly carried out in the US, involved the manipulation of legitimate electronic trading platforms that were licensed to foreign exchange brokers. Those brokers then allegedly provided the software to their clients, resulting in major financial…
- Economy News
Thailand’s Board of Investment unveils transformation plans
Thailand’s Board of Investment (BOI) has come up with new ways to attract more investment into Thailand. The board’s target is an easy-to-swallow group of companies dubbed “smart and sustainable” according to Bangkok Post. The government’s effort to create a “new” economy in Thailand is focused, like almost every other Asian nation, on buzzwords. The board’s chosen buzzwords are “innovation”…
- Thailand News
The Journey to Legalizing Cryptocurrency in Thailand ft.Topp Jirayut | Thaiger Podcast
Topp Jirayut Srupsrisopa, Founder and Group CEO of Bitkub Capital Group Holdings Co., Ltd., — the LARGEST blockchain and digital asset group of companies in Thailand. He is one of Thailand’s youngest leading bitcoin and open blockchain experts with more than 8 years of experience in the blockchain industry. Topp is also an Executive Board Member and Vice President at…
- World News
Thailand retail giant target’s resilient Vietnam to expand business
Thailand retail giant Central Group is once again targeting Vietnam’s resilient economy and growing middle class to expand its brand in the southeast Asia nation. Central Group plans to invest 30 billion baht in Vietnam over the next four years to hike investment to 100 billion baht over the next five years from 38.5 billion baht last year. Olivier Langlet,…
- Supalai Icon Sathorn
What makes Supalai Icon Sathorn the ideal property choice
Sponsored Article Looking for your ideal high-class luxury property in Bangkok? If yes then we’d like to introduce you to Supalai Icon Sathorn, a high-rise luxury condominium located in the heart of Bangkok. This property was awarded the winner of the Asia Pacific Property Awards 2020-2021 prize for mixed-use development in Thailand. The development consists of both commercial buildings as…
- Sponsored
Experienced developer goes bigger and better
Urban dwellers are now looking to escape to spacious villas offering unparalleled luxury as global tourism slowly comes to life and Thailand’s border gradually opens up. Phuket, an island home to Thailand’s most luxurious and beautiful villas, captures many eyeballs. Let’s talk about one of Phuket’s most experienced developers, Trichada’s new project- Trichada Breeze. Just three weeks into the soft…
- Ask an Agent
Top reasons to buy properties in Thailand 2022
While Thailand is one of the top tourist destinations worldwide, it boasts an excellent property market! Well, there are plenty of compelling reasons to buy property in Thailand. First off, Thailand is a fantastic area to live in; the Land of Smile boasts world-class beaches, profound nature and exciting cityscapes. The best part is that you will be able to…
- MontAzure
Live a millionaire’s lifestyle at MontAzure
Sponsored Article MontAzure Elevate your standard of living by residing at one of Asia’s most breathtaking residential developments. MontAzure, nestled against the soft sands of Kamala Beach, is the ultimate luxury destination. It is located on Phuket’s pristine west coast. MontAzure is a perfect location for those looking to make the most of Phuket’s sophisticated resort lifestyle. It is a…
- Visa Information
Work permit programme for Elite cardholders launched to draw in foreign investment
A work permit programme aimed at attracting rich foreigners and drawing in foreign investment has been launched by the Thailand Privilege Card company, which operates the Elite Card scheme. Cardholders who are eligible for the new Flexible Plus Programme must make an investment of US$1 million, which is around 30 million baht. Under the new programme, cardholders with a membership…
- Sponsored
CBRE offers luxury coastal lifestyle in Phuket 2022
Sponsored Article CBRE Thailand Phuket, located in the south of Thailand, is famous for its wonderful tropical settings, idyllic beaches, breathtaking beachfront, hilltop properties, and vibrant community of ex-pats. The island offers a high standard of living at a reasonable cost compared to other top holiday destinations, and its well-deserved reputation for luxury and exclusivity make it one of the…
- Property
Pruksa plans to invest 3.5 billion baht in property, healthcare and tech startups
Pruksa Holding plans to spend 3.5 billion baht in property and healthcare technology businesses to improve its primary operations and increase cash flow, following a 2 year restructure and stock clearance. The CEO stated that the company’s two major operations, property development and hospitals, will be synergised with technology and innovations. Their plan is to invest in startups via joint ventures…
- Bangkok News
Thailand’s retail giant Central plans 100 billion baht investment by 2026
Over the next 5 years, Southeast Asia’s largest retailer plans to invest 100 billion baht to grow its business even more. The Thailand-based Central Retail Corporation Pcl, which has more than 20 department stores and shopping centres across Thailand as well as two outlets in Indonesia, says the investment, which is around US$3.03 billion, is aimed at increasing revenue and…
- Thailand News
Cryptocurrency ban in China fuels Thailand’s crypto mining boom
China’s recent ban and crackdown on cryptocurrency has fuelled a cryptocurrency mining boom in Thailand as small investors quickly buy up the equipment that are now useless in China. In September, China’s central bank declared all digital currency trading and mining illegal. Some of the largest Bitcoin mining operations in the world relocated while many smaller miners are now selling…
- Property
Discover MontAzure, Asia’s Ultimate Beachfront Community
Sponsored Article Nestled against the soft sands of Kamala Beach, on Phuket’s pristine west coast, MontAzure is the ultimate destination for those seeking a privileged lifestyle or an attractive investment opportunity. Exuding elegance and exclusivity, with international amenities and a timeless sense of style, this breathtaking residential development has elevated the standard of tropical living in Southeast Asia. Spanning 72…
- Sponsored
Zenithy awarded “Best Boutique Housing Development Phuket”
Press Release During the prestigious Dot Property Thailand Awards held at the Park Hyatt Bangkok on November 18, 2021, Phuket’s own Zenithy Development took home the title of “Best Boutique Housing Development Phuket.” The Dot Property Awards, now in its sixth year, aims to award developers in Southeast Asia that stand out in categories such as design, innovation, and sustainability.…
- Tourism News
Phuket to get 3 new tourist attractions
4 months after the launch of the Phuket Sandbox, a pilot reopening scheme that has now morphed into a country-wide reopening plan for international travellers, the local Phuket government are talking about spending 100 million baht on new landmarks to help attract tourists. The first of 3 landmark projects is a glass skywalk which would allow visitors to walk along…
- Property News
Thailand makes top 5 list of places to buy real estate overseas
Thailand has made number 4 on the list of best places to buy real estate overseas, according to LiveandInvestOverseas.com. As the overseas property market is booming, thanks to the Covid-19 pandemic, the website says such property stands out among others, as it is a hard asset that provides diversification of asset class and likely currency. What this means, essentially, is…
- Guides
Top business and investment opportunities in Thailand
Investing in Thailand has many perks as the country is well on its way to modernisation. With an international community that has its own wants and needs, you can be sure to find a niche that will make you money. Here, we have the best businesses and investment opportunities in Thailand listed below. Thailand’s Top Business and Investment Opportunities 1.…
- Pattaya News
Foreign investors keep a close eye on struggling Pattaya hotels
With Pattaya hotel operators in dire financial straits brought on by the lack of tourists during the pandemic, foreign investors are apparently keeping a close eye on the situation. The hotel operators in the tourist city are being warned that if they do not get assistance for their outstanding loans, then their businesses could be taken over by foreign investors.…
- Economy News
Foreign investors eye business in Thailand as hotels face closure during new outbreak
The new wave of Covid-19 infections this month has led to a drop in occupancy rates at Thailand hotels, some reporting drops of 5% to 30%, battering hoteliers that have already been struggling from a year of little to no foreign tourists. Some hotel operators have been forced to sell their businesses, according to the president of the Arjarnnar Asset…
- World News
Myanmar cancels Thai investment in the Dawei Special Economic Zone
The Dawei Special Economic Zone Management Committee has announced the cancellation on the deep seaport project contract with Italian-Thai Development (ITD), one of Thailand’s leading industrial firms, by saying that they “lost confidence” in the company after long, controversial issues. The Dawei Special Economic Zone Management Committee said that the Thai company has caused them “repeated delays, continuing breaches of…
- Thailand News
Thailand News Today | Governor off respirator, sex-trafficking arrest, condo prices falling | January 14
The Samut Sakhon governor is continuing to recover from a dangerous bout of Covid-19 and is expected to be taken off a ventilator today. The 58 year old was in “critical condition” after contracting the virus on December 27. His infection was reported just a week after the outbreak at one of the largest seafood markets in the coastal province…
- Thailand News
Deputy PM says relying on tourism is “unacceptable”
Thailand’s deputy PM says that relying too much on tourism is “unacceptable.” In Supattanapong Punmeechaow’s speech, he said that the tourism industry will never be allowed to recover to its previous levels. For years, Amazing Thailand was the nation’s slogan, which brought in $56.2 billion in 2019 alone, but after Covid struck, it is clear that there has been a…
- Thailand News
Thailand News Today | ‘Digital Nomad’ visa, ‘Property’ visa, Huge drug bust | Dec 16
BOI proposes new smart visa rules to lure foreign talent, digital nomads The Board of Investment in Thailand is asking the Cabinet to approve new smart visa rules designed to attract more overseas talent to work in Thailand. The aim is to allow digital freelancers currently working in Thailand to exchange their tourist visas for smart visas. To be eligible,…
- Thailand News
Thai police warn about romance scammers on dating applications
Police are warning about a romance scam where people pose as attractive foreigners on dating applications and, after some sweet talking, convince victims to transfer money to an account for an “investment opportunity.” Police say the scammers claim the coronavirus pandemic has affected their business and they’ve started investing in the stock market as well as cryptocurrency. Police say the…
- Pattaya News
Investors see opportunity in Pattaya hotel market
Although travel restrictions are still tight, investors see potential opportunities in Pattaya’s hotel market. Many are reimagining the 2021 market by focusing on domestic demand. Property consultancy JLL says the ongoing Eastern Economic Corridor development comes into play. U-Tapao International Airport in Rayong expanding to increase capacity by 5 million passengers and a high speed rail is in the works…
