Markets
Bangkok Office market sales reached 10 billion baht in 2009
Capital transactions in the Bangkok office market totalled almost THB10 billion during 2009, despite both local and global difficulties.
According to professional services firm Jones Lang LaSalle the sector witnessed a number of major capital transactions during 2009. Five office buildings were reportedly sold with a combined value of more than THB9.98 billion, and more capital transactions are likely this year, This is because a significant number of companies are putting surplus assets up for sale, while investors are show higher levels of interest in acquiring office buildings, according to company.
via Thailand Property: Office market sales total THB10bn in 2009 – February 20 News.
Markets
Thai Mango growers complain of low prices and fewer exports
Because of the global COVID-19 pandemic, their mangoes are not being exported, due to fewer buyers, and their prices have plunged to between 10 and 20 baht per kilogram, depending on size.
Mango orchard owners in Thailand’s northern province of Phitsanuloke are seeking help from the provincial administration to promote the sale of their sweet fruit, particularly Barracuda Mango variety.
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Investment
Foreigners’ Participation in Thai Listed Companies explained
Special vehicles have been created to facilitate foreign investors so that they are able to invest in Thai
securities flexibly and conveniently.
Similar to foreign business laws existing in most Asian countries, Thai laws have imposed restrictions on foreign ownership of Thai companies.
(more…)
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