Connect with us

Real Estate

Thailand’s Property sector grew 9% in 2009 Q4

Boris Sullivan

Published

on

Bank of Thailand (BoT) Deputy Governor Bandid Nijathaworn on Monday said the central bank has invited property developers to discuss and exchange information on the overall economy and the property business outlook since the sector, which accounts for 5 per cent of the gross domestic product (GDP), is considered a key to the country’s economic recovery.

He said the central bank and the property developers shared a view in common that the property sector tended to recover continuously from the previous year in tandem with the economic recovery since the fourth quarter of last year.

The sector managed to grow 9 per cent in that quarter, boosted by the economic recovery, business-sector confidence, state measures to stimulate the property business, and stiff competition in lending by commercial banks.

via Property developers invited to discuss economic and business outlook.

Continue Reading
Advertisement Load WordPress Sites in as fast as 37ms!
Comments

Real Estate

Condominium Developers Diversify into Recurring Income Properties

A slowdown in the condominium market has encouraged major residential developers to consider diversifying their portfolio into other property sectors such as office, hotel, and serviced apartment.

Avatar

Published

on

The recent restrictive measures from the Bank of Thailand (BOT) have continued to cast a shadow over Bangkok’s condominium market since the beginning of this year.

(more…)

Continue Reading

Ecommerce

Retail in the age of social media

E-commerce is becoming easier and faster, making it increasingly popular. Recently, Instagram introduced a shopping feature that allows users to purchase products within the app.

Avatar

Published

on

Social media is transforming retail and expanding the e-commerce world. It goes without saying that the presence of social media in any retail store is critical to its marketing and sales reach.

(more…)

Continue Reading

Property

Record low sales rate hits Bangkok condo market

Bangkok hit a decade-long record for new condos entering the market, with 65,000 new units launched throughout 2018, but the sales rate fell to a 15.7% record low.

Olivier Languepin

Published

on

The sales rate for new condos launched in Bangkok in the second quarter fell to 15.7 %, an all-time low, beating the lowest previous quarter (35%) in 2010 when the “red shirt” political crisis brought Bangkok to a standstill.

(more…)

Continue Reading

Most Read

Upcoming Events

Tue 22

34th International Conference on Dental and Oral Health

October 21 @ 9:00 am - October 22 @ 5:00 pm BMT
Nov 06

2nd World Congress on Pediatrics and Child care

November 6 @ 8:00 am - November 7 @ 7:00 pm BMT
Radisson Hotel Narita
Tomisato-shi
Nov 07

3rd World Congress On Gynecology, Obstetrics & Reproductive Health

November 7 @ 9:00 am - November 8 @ 4:00 pm BMT

Press Release

Subscribe via Email

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

Join 11,595 other subscribers

Trending