According to the news agency The Nation, despite the latest research from Bangkok University indicating a slight slowdown in Thailand’s economy, economists remain confident that the Kingdom’s economy will continue to grow over the next 3–6 months. Based on a survey of 60 economists from 31 different organizations, the confidence index remained unchanged from the …
According to The Nation Thailand, a report by consulting firm Grant Thornton shows that business optimism in the Asia-Pacific region (APAC) increased from 35% to 48% over the past three months. The survey included more than 3,000 companies across 44 countries. The report also highlights an increase in the number of companies in APAC planning …
According to The Nation Thailand, several major investment megaprojects are currently planned in Thailand. The Government Savings Bank (GSB) of Thailand intends to provide one-third of a 350 billion baht loan that will be issued to the Thai government for a water resource management project. If this proceeds, the funds provided by GSB will account …
According to the Bangkok Post, Amata Corporation, a leading industrial estate developer, plans to sell at least 3,000 rai (4.8 km²) of land this year (compared to 2,800 rai sold last year). These expectations are well-founded, as both the automotive industry and foreign investment continue to grow. Chief Operating Officer Viboon Kromadit stated that land …
Relocation of Foreign Manufacturing to Thailand Boosts Amata Corporation Sales Read More »
How often do we find ourselves needing to enter into a contract on the terms set by a seller, supplier, landlord, or employer? From minor purchases like buying chewing gum in a store to long-term leases of commercial and industrial complexes, we must either accept the proposed terms or negotiate to reach mutually beneficial conditions. …
The Foundation of Business Relations: A Fair Contract Read More »
A foreigner owns 100% of a company, the company owns land, and next to it is a plot with the foreigner’s own house. Impossible? Yes. But if you really want it—then it’s possible. More precisely, if you are planning investment activities and receive support from the Board of Investment (BOI). The BOI is a government …
In this article, we will рассмотрим one of the ways to acquire real estate—through the conclusion of an assignment agreement. It is no secret that purchasing a condominium at the early stage of construction is beneficial both in terms of price and payment structure with the developer. The value of a property under construction increases …
Substitution of a Party in a Real Estate Purchase Agreement Read More »
Real estate market experts believe that Thailand’s economic development will enable it to become a base for an increasing number of offices of foreign companies seeking to invest in the development of the ASEAN region, in anticipation of strong growth expected in 2015. CB Richard Ellis (Thailand) Managing Director Alisawasa Pattanathabutr told The Nation that …
The Office Real Estate Market Is Set for Significant Growth in the ASEAN Region Read More »
The Department of International Trade Promotion under Thailand’s Ministry of Commerce expects export shipments in the second quarter of the current year to increase by at least 5%, ensuring an annual export growth of 15% as planned. Exports rose by 0.91% in March after declining by 2.4% during the first two months of 2012. Department …
There are several types of industrial real estate in Thailand suitable for foreign investors and companies. It is important to understand the specifics of each type as well as the legal restrictions involved. Legal Aspects of Land Ownership by Foreigners Under Thai law, land can only be purchased by Thai companies or companies in which …
