Connect with us

Real Estate

Thailand’s Property sector grew 9% in 2009 Q4

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.

Lifestyle

Bangkok falls 19 places to 49th most expensive location worldwide

Locations reliant on international tourism have seen their rental markets hit especially hard during the pandemic, resulting in some major drops in the rankings. Bangkok has fallen 19 places to 49th, while Hanoi saw a similar drop of 12 places to 81st.

Published

on

The decline of Bangkok reflects the severe impact of the Covid-19 pandemic on the rental market in the tourism-reliant Thai economy, according to ECA’s latest survey.

(more…)
Continue Reading

Property

Is There a Silver lining amid COVID-19?

Thinking of the future impact of this pandemic on office buildings, it may have already dawned on many of us that a majority of potential long-term trends and health measures will become permanent work-life features in the times to come.

Published

on

A direct result of COVID-19 containment measures is that organisations are taking a real-time look at the effects of prolonged off-site work and its relation to productivity.

(more…)
Continue Reading

Most Viewed

Subscribe via Email

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

Join 14,165 other subscribers

Wise

Recent