Thai banks slash growth forecast around 2%

Thai growth may be around 2% or less, said two major Thai commercial banks and a senior official of the Bank of Thailand.

Thailand struggles with environmental issues

Thailand struggles with environmental issues as PM 2.5 hit new records levels in Bangkok and severe drought is expected in several provinces

Asia Pacific REITs raise a record amount of US$14 billion in 2019

REITs in APAC have raised over US$14 billion so far in 2019, surpassing the previous record of US$13.8 billion in 2013, according to JLL data.

Thai Beaches Pricier Than European Resorts

A Thai holiday pricing has increased by about 30 percent in U.S. dollar terms and 40 percent euros over the last five years due to the appreciation of the baht and inflation

Bank of Thailand cuts rate by 0.25% to 1.25 per cent

The latest cut brings the Bot’s policy rate to an historical low, which the bank maintained from April 2009 to July 2010 during the subprime global financial crisis.

Thailand’s loss of trade privileges with US is credit negative

The development is credit negative because Thailand’s export-oriented economy is in a difficult external environment given that a broad-based export slowdown and strong Thai baht are weakening the competitiveness of goods exporters and the country’s tourism industry.

Bangkok’s electricity consumption hits new record high

Bangkok’s electricity consumption surged to a new high of 29,680.3 megawatts on…

New Land and Building Tax collection to start in 2020 in Thailand

The Thai Government recently published in its Royal Gazette the new Land…