Real Estate

Coronavirus hits tourism-reliant Thailand

The Stock Exchange of Thailand (SET) dropped beneath 1,400 point in morning trading on Wednesday (February 26) amid concerns over the COVID-19 virus, and closed at 1366. Thailand’s equity benchmark index tumbled to its lowest threshold in more than three years, falling at 1366, well below the 1,400 point mark as the rising number (three […]

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Real Estate

What does coronavirus mean for Asia Pacific real estate?

Real estate investors in Asia Pacific are steeling themselves for impacts stemming from the coronavirus, the threat of which would add to existing economic headwinds in the region. While it’s too early to know exactly how commercial real estate markets could be affected, the increasingly important position of China on the world stage means economic […]

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Real Estate

Why air is becoming a hot investment

The questions of who owns the air above buildings has long been a hotly contested issue in metropolises like London, New York and Hong Kong. But as rapid urbanisation takes hold, and the amount of available space shrinks, more cities are waking up to the value of their air. Air rights – which allow for the control, use […]

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Real Estate

Thailand’s economy improved slightly in December 2019

According to the latest Press Release on the Economic and Monetary Conditions for December and the fourth quarter of 2019 Bank of Thailand, the Thai economy slightly improved in December 2019 . The value of merchandise exports, manufacturing production, private investment indicators, and public spending contracted at a lower rate. However, private consumption indicators expanded […]

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Real Estate

Virus poses new threat to Thai economy

The outbreak of the deadly coronavirus threatens to derail a fragile stabilisation in the Thai economy, already facing uncertain times amid the escalating US-China trade dispute. According to Thanavath Phonvichai, president of the University of the Thai Chamber of Commerce (UTCC), Thailand is estimated to lose 80 to 100 billion baht in income, mainly from […]

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Real Estate

Thai SMEs and startup companies to raise funds via capital markets

BANGKOK (NNT) – The Stock Exchange of Thailand (SET) is pursuing its initiative to encourage SMEs and startup businesses to raise funds via the capital market, expecting general investment this year to be challenged by external factors, urging investors to properly manage the risks. SET President Pakorn Peetathawatchai said the SET aims to promote balanced […]

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Real Estate

Investment promotion requests exceeded 750bn baht in 2019

BANGKOK (NNT) – Thailand remained an investment destination for international investors last year, as reflected in the overall value of investment promotion requests in 2019, released by the Board of Investment (BOI) today, which exceed a 750 billion baht goal. An impressive 59% was in the Eastern Economic Corridor, with China outreaching Japan to become […]

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