Real Estate

Thai Cabinet to discuss land and empty building taxes

Published

11 years ago

April 18, 2010

In a bid to prevent speculation on land and to increase tax revenue for the government, the Cabinet on Tuesday will discuss its plan to collect taxes on empty land and buildings, Finance Minister Korn Chatikavanij said Friday.

Thailand’s Ministry of Finance earlier conducted studies and gathered opinions from several sectors before opting to proceed with collecting taxes, Mr Korn said.

If implemented the land tax will help promote justice in society, as taxes collected by the government presently come from personal income, value-added tax and corporate taxes while tax collection from property is still minimal.

via Thai Cabinet to discuss land and building taxes.

Real Estate

How COVID-19 regulations are changing landlord-tenant dynamics

The negotiations are dependent on the circumstances of each landlord and tenant, with landlords attempting to strike a balance between maintaining earnings and supporting tenants through the crisis period to sustain occupancy levels and income over the longer term.

Published

3 months ago

October 26, 2020

Daniel Lorenzzo

Hastily enacted regulations addressing a fast-unfolding pandemic have introduced a layer of complexity around leases between tenants and landlords.

(more…)

Real Estate

Why 5G is racing ahead in Asia

Hong Kong, Seoul, Sydney, Taipei, Manila, Tokyo and Shenzhen have already introduced 5G networks. In May, Bangkok became the first city in Southeast Asia to roll out a 5G network, while Singapore in August started a six-month trial.

Published

3 months ago

October 12, 2020

Daniel Lorenzzo

Governments and businesses are keen to take advantage of 5G technology like High-speed connectivity, reduced latency and greater reliability

Asia Pacific is leading the charge for the next generation of mobile connectivity. Major cities across the region are rolling out 5G networks this year, which are poised to reshape connectivity and big data with blazing-fast download speeds.

(more…)

Environment

Real estate Sustainable development spurred by COVID-19 pandemic

There is an increasing awareness of the environmental impact of real estate: the World Green Building Council suggests that buildings are responsible for upwards of 40% of the world’s greenhouse gas emissions.