investment
- 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…
- Destination Guide
Best neighborhoods to reside in Bangkok in 2023
Bangkok is one of the most exciting cities in the world and a great place to live. With its vibrant culture, amazing food, and friendly people, there is something for everyone. From the bustling streets of Chinatown to the chic shopping malls of Sukhumvit, Bangkok has something to offer for all types of lifestyles. Whether you’re looking for vibrant nightlife,…
- 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…
- 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,…
- What you get for $X
Virtual tour of pool villas you get in Hua Hin under $150,000
Can’t get enough of Hua Hin’s natural beauty? Want to take your love of the seaside resort town to the next level by buying your dream pool villa? Well, we’ve got good news for you: owning a beautiful pool villa in Hua Hin doesn’t have to break the bank. With $150,000, you can live out your most magical tropical dream.…
- 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…
- 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…
- Thailand video news
Thailand News Today | Health Ministry to declare covid endemic by July 1 (Thai style rules)
Tourism officials have shrugged off a US CDC notice which advised citizens to avoid travel to Thailand. Earlier this week, the US CDC added Thailand to its list of Level 4 countries, due to the ongoing Covid situation in the kingdom. However, Yuthasak Supasorn from the Tourism Authority of Thailand says that won’t make much of a difference to an…
- 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…
- 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…
- World News
American retail giant Walmart shows interest in Laos
Walmart might be moving to Laos. An American multinational retail conglomerate, best known for its hypermarket and grocery store chains across the States, has shown its interest in Laos as a group of Lao-Americans met yesterday, including the Lao Overseas Affairs Department and the Lao National Chamber of Commerce and Industry (LNCCI), to discuss investment in Laos. The team, led by…
- 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…
- 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
Covid-19 has accelerated Thailand’s property market disruption by 5 to 10 years
Real estate experts say the Covid-19 pandemic has accelerated a great disruption in Thailand’s property market that was supposed to take place over the next 5 to 10 years. Now, however, experts say it will arrive sooner. According to managing director of Chon Buri-based property developer, Ratanakorn Asset Co., Jugkarut Ruangratanakorn, there are 10 disruptive trends that will challenge the…
- 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…
- 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…
- Visa Information
Proposals to get rid of 90 day reporting and ease investment rules in Thailand
In amongst a sea of bad new over the past week, a glimmer of hope for expats and long-stay travellers. You better sit down… The Thai government are looking into changing the long standing 90 day reporting for people staying in Thailand longer than 90 days on a long-stay visa. But don’t get out the champagne just yet. For the…
- 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
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
Overseas investors buy Thai bonds, optimistic that Covid-19 vaccine will revive tourism
With hopes that a Covid-19 vaccine will be the key to open Thailand’s doors back up to international tourism, overseas investors are putting down money into Thailand’s financial market. Thai baht has strengthened by nearly 3% since the end of October, a top performing currency in Asia following the Indonesian rupiah, and it’s expected to strengthen even further over the…
- 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…
- Crime News
6 sentenced to 20-50 years in prison for Eagle Gates investment scam
The Thai Criminal Court sentenced 6 people to prison for money laundering and investment fraud. The 6 defendants were involved with the Eagle Gates Group, a company which was found to be a front for transnational crime, according to the Department of Special Investigation. The first defendant was sentenced to 50 years in prison while the other 5 were each…
- Visa Information
Work permits for top tier Thailand Elite Card members
In an effort to give the economy an extra boost, the government will discuss adding work permit privileges for top tier Thailand Elite Card members who invest a minimum of $1 million USD in Thailand. The scheme will draw more investment to Thailand, according to the Tourism Authority of Thailand, or TAT, governor Yuthasak Supasorn. While the types of investments…
