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Remote provinces of Thailand, as well as regions located along major transport routes and future economic corridors, are attracting increasing interest from foreign investors who have already begun acquiring land for the expansion of trade and manufacturing. Surachet Kongcheep, Deputy Head of the Research Department at the international consulting firm Colliers International Thailand, stated that …

Remote Provinces of Thailand Attract Foreign Investors Read More »

The phrase may initially sound confusing: what kind of immigration, especially for business purposes, could there be in a resort destination? Foreign residents often proudly call themselves expats rather than immigrants. At best, they buy a small seaside restaurant and, swaying in a hammock, casually keep an eye on their business. At least, that’s the …

Business Immigration to Thailand Read More »

Shopping malls in Bangkok are filled with young middle-class consumers, while the government is working to improve infrastructure to combat worsening traffic congestion in the city. One of the reasons is that tax incentives for car purchases have driven demand so sharply that it exceeded all expectations. Other factors behind the surge in domestic demand …

Thailand Economic Flash News Read More »

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 …

Positive Economic Outlook for the Next 6 Months Read More »

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 …

Rising Business Optimism in Thailand Read More »

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 …

Investment Projects in Thailand Read More »

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 …

What is BOI and How Does It Work? Read More »

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 »