investment
- 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…
- 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…
- 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…
- 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…
- 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
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…
- 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…
- 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…
- 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
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…
- 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…
- 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…
- Things To Do
Things that have changed in Thailand in the Covid Era | Top 10 | VIDEO
Top 10 things that have changed in Thailand during the Covid-era Things have changed. In some cases they’ve changed a lot and may never be the same again. Many people are suffering as a result of the impacts of lockdowns and the border closures. Some people are being forced to re-invent their lives as a result. Here are some of…
- Economy News
Price of gold rises but investment not without risks
A leading investment research firm says the price of gold is on the rise, with predictions bullion could reach US$2,000 an ounce. Chayanee Juengmanon from Morningstar Research Thailand says one exchange-traded fund favoured by most domestic gold mutual funds, recorded net inflows of over $20 billion within the last year, a 30% increase in the value of its assets. gold…
- Business News
Thai delivery app merger gets 3.5 billion baht boost
Homegrown Thai delivery app Line Man is merging with its longtime partner, online restaurant review platform Wongnai Media. Line Man has secured fresh capital investment worth US$110 million (3.5 billion baht) from BRV Capital Management to bolster the new entity. The merger marks the first time any member of the Japan-based Line Group has secured a financial investment of this…
- Economy News
US ambassador meets deputy PM to discuss Thailand’s “great investment potential”
US Ambassador to Thailand Michael George DeSombre, who raised eyebrows in May when he described the US as “a better friend than China,” has praised the kingdom’s “great investment potential”, highlighting the expansion of current projects and further support for industry as ways to promote further cooperation. Deputy PM Somkid Jatusripitak welcomed the ambassador to the open discussion amongst key trade…
- Things To Do
Top 10 countries for investment in Covid era – World Trade Group
“Where to invest?”. Where is the next ‘good thing’ as the world starts to look to opportunities and new business models? Looking around the world, and perusing stock markets, there continues to be some traditional businesses failing but others thriving during the Covid-19 era. Investors look to countries with economical and political stability when choosing to invest money and unveil…
- Business News
Number of foreign companies investing in Thailand up over 100%
Foreign investment in Thailand has grown by 106% according to the National News Bureau of Thailand, with officials rolling out a number of measures to make foreign investment less complicated. The latest increase is despite a fall in the number of foreign companies approved to carry out business in the Kingdom – down 23% from last year. Poonpong Naiyanapakorn, deputy…
- Business News
Strong interest of foreign investors in Phuket’s resorts – JLL report
PHOTO: Dhawa Phuket “In the Asia Pacific, Phuket is one of the three hotel investment markets in the region that have been highlighted.” Buoyed by the rise of experience-driven travel and an affinity toward locally-inspired hotel offerings, resort assets remain a top target among investors. According to JLL Hotels & Hospitality’s Global Resort Report, resort sales accounted for 20% of…
