Connect with us

Featured

Property sector continues growth according to the Bank of Thailand

The real-estate industry is continuing its growth momentum, as developers have maintained their investment plans despite the political hiccups, according to the Bank of Thailand.

Avatar

Published

on

builiding contruction

The real-estate industry is continuing its growth momentum, as developers have maintained their investment plans despite the political hiccups, according to the Bank of Thailand.

After meeting with seven developers yesterday for a discussion on industry trends as well as political impacts, the central bank concluded that there was yet no sign of an asset bubble. The real-estate industry now generates 5 per cent of gross domestic product.

Bank of Thailand Deputy Governor Bandid Nijathaworn said after the meeting that the industry enjoys continued expansion in line with the overall economy.

Last year, supply and demand both expanded by 9 per cent, thanks to the global economic recovery, tax incentives and commercial banks heavy lending activities. Still, as industrial growth is gradual, there is no sign of a bubble.

builiding contruction

Despite the political unrest, no developer has revised its investment plan, but it is difficult to estimate the demand side

Despite the political unrest, no developer has revised its investment plan, but it is difficult to estimate the demand side, he said. However, demand is mostly driven by the economy's direction.

Political impacts could dull consumers’ appetite, he said.

via Property sector continues growth.

Comments

China

Bangkok 7th World Most connected city to China

Bangkok also ranks 3rd in terms of the volume of Chinese corporate leasing activity over the last three years, according to a new report from real estate consulting firm JLL.

Daniel Lorenzzo

Published

on

While China’s biggest corporates are increasingly flexing their global muscle as the country’s economic and geopolitical influence accelerates, Bangkok is the 10th most popular destination for mainland firms expanding overseas. (more…)

Continue Reading

Featured

Thailand’s Special Economic Zones (SEZ) and new opportunity connected

The SEZ policy was first launched in 2015 based on the government’s belief in the strong potential of the 10 areas to connect with the neighboring countries in terms of trade, economy and investment

Avatar

Published

on

By

With its strategic location in the center of ASEAN with emerging markets, including Cambodia, Laos, Myanmar, Malaysia and southern China, on its border, Thailand is well position to connect investors to new opportunities arising from the increasing border trade and the region’s rapid economic growth.
(more…)

Continue Reading

Banking

Decrypting the Crypto Bubble : China Ban Vs. Thailand’s cautious welcome

ICO has gained popularity among tech startups as a convenient and timely way to access funding. In the past few months, ICO has grown exponentially and has surpassed early stage venture capital funding

Olivier Languepin

Published

on

Twenty years ago, day trading was the great new pastime for Americans, all of them tuned to the financial news and reports on the day’s newest crop of IPOs. (more…)

Continue Reading

Latest

Most Viewed

Subscribe via Email

Enter your email address to subscribe and receive notifications of new posts by email.

Join 13,632 other subscribers

Trending