Real Estate & Property Investment News in Thailand from Propertyshowrooms.com

Thai Protesters End Airport Siege as PM Quits

Wed, 3 Dec 2008 00:00:00 GMT

Anti-government protesters who have been blockading Bangkok's main airport for over a week abandoned their checkpoints on Wednesday and started packing up their belongings to head for home, after...

Large cut in Thai interest rates

Wed, 3 Dec 2008 00:00:00 GMT

Thailand's central bank cuts interest rates by the biggest amount in eight years, as it aims to lift an economy hit by unrest...

THAI needs 4-5 days to send stranded passengers home

Fri, 28 Nov 2008 00:00:00 GMT

(BangkokPost.com) - Thai Airways International Plc expects to need 4-5 days to send all stranded foreigners home...

Etihad operates special flights for passengers stranded in Thailand

Fri, 28 Nov 2008 00:00:00 GMT

Abu Dhabi, Etihad Airways will lay on special relief flights from U-Taphao airport in Thailand to Abu Dhabi to help passengers who have been stranded in the country since the start of civil unrest...

Thai unrest could affect millions of pounds of property deals

Thu, 27 Nov 2008 00:00:00 GMT

Political protests in Thailand and the shutdown of the country's international airport in Bangkok is scaring away potential foreign property investors...

Southern floods damage over Bt200 mln

Tue, 25 Nov 2008 00:00:00 GMT

(BangkokPost.com) - Flooding in the southern province of Nakhon Si Thammarat has so far damaged more than 200 million baht and claimed seven lives, according to Nakhon Si Thammarat Provincial Office...

Economy likely to worsen next year: NESDB

Tue, 25 Nov 2008 00:00:00 GMT

(BangkokPost.com) - The economic downtrend could intensify next year, National Economic and Social Development Board (NESDB) secretary-general Ampon Kitti-ampon said on Tuesday...

BoT wants govt to boost export, tourism

Tue, 25 Nov 2008 00:00:00 GMT

(BangkokPost.com) - Bank of Thailand (BoT) governor Tarisa Watanagase said Thailand has yet to experience direct impact from the global financial turmoil, as the excess liquidity in the market is...

BOT: baht not performing worse than the region

Fri, 21 Nov 2008 00:00:00 GMT

(BangkokPost.com) - Bank of Thailand governor, Tarisa Watanagase reaffirmed the baht's value is still moving in the same direction as other currencies in the region and has not depreciated much...

Somsak: Middle East hunting for Thai land

Fri, 21 Nov 2008 00:00:00 GMT

(BangkokPost.com) - The minister of agriculture is hoping to persuade the Cabinet to issue a law preventing excessive land grabbing by Middle Eastern groups...

Interest rate cut likely

Wed, 12 Nov 2008 00:00:00 GMT

(BangkokPost.com) - The Bank of Thailand (BoT) has no plans to hold an urgent meeting to handle the financial crisis but is ready to loosen up the interest rate, BoT deputy governor Atchana Waiquamdee...

US sees good post-Bush relations with Thailand

Mon, 10 Nov 2008 00:00:00 GMT

(BangkokPost.com) - United States Ambassador to Thailand Eric G. John said Monday he assured Commerce Minister Chaiya Sasomsab that good Thai-US relations would continue after president-elect Barack Obama takes office...

Laos begins Luang Prabang-Udon Thani flights

Mon, 3 Nov 2008 00:00:00 GMT

Lao Airlines on Monday announced the opening of a new route between Luang Prabang, Laos's once royal capital, and Udon Thani province...

BoT advised to cut interest rates

Sun, 2 Nov 2008 00:00:00 GMT

Citing fears of a possible Thai economic recession due to global downturn, members of the Thai private sector urged the Bank of Thailand (BoT) to further lower interest rates...

Thailand 'looking at relaxing foreign ownership rules'

Thu, 2 Oct 2008 00:00:00 GMT

Thailand is considering relaxing the rules on foreign ownership of property to make it easier for non-Thais to invest there.

Global Property Guide figures supplied to the Seoul Times have revealed that while prices increased by 5....

Suvarnabhumi going for 'top 10' airports

Mon, 29 Sep 2008 00:00:00 GMT

Airports of Thailand (AoT) reported that it will promote Suvarnabhumi Airport as one of the world's top ten international airports in terms of outstanding service within the coming year...

Thai market falls on US bailout uncertainty

Mon, 29 Sep 2008 00:00:00 GMT

Shares on the Stock Exchange of Thailand shed 2.86 per cent of their value on Monday as investors remained uncertain about the global outlook despite the proposed US $700 billion bailout...

Govt to continue with economic stimulus package

Wed, 24 Sep 2008 00:00:00 GMT

(BangkokPost.com) - The government will continue to implement the economic stimulus programme because it could help shoulder financial burden of the people, Prime Minister Somchai Wongsawat said...

Somkid: Govt can overcome economic woes

Tue, 23 Sep 2008 00:00:00 GMT

(BangkokPost.com) - Former deputy prime minister and finance minister Somkid Jatusripitak expressed confidence that if the government does not become imprudent it can rescue Thailand from the economic...

Powerful quake rattles north Japan

Thu, 11 Sep 2008 00:00:00 GMT

Tokyo (dpa) - An earthquake registering 7 on the Richter scale struck Thursday in northern Japan, prompting authorities to issue tsunami warnings that were later lifted...

Surapong: Economy in 2nd half to grow below 6%

Wed, 10 Sep 2008 00:00:00 GMT

(BangkokPost.com) - Political turmoil facing Thailand may cause economy to grow less than targeted 6% in the second half of 2008, according to Deputy Prime Minister and Finance Minister Surapong Suebwonglee...

World Bank: Turmoil brings short-term impact

Wed, 10 Sep 2008 00:00:00 GMT

The current political turbulence in Thailand will produce a short-term negative impact on the Southeast Asian country, a senior Bangkok-based World Bank economist said Wednesday...

UNCTAD chief confident of economic fundamentals

Mon, 8 Sep 2008 00:00:00 GMT

The Thai economy remains strong and able to continue growing in the long run despite the short-term impact of the current political turmoil, according to United Nations Conference on Trade and...

Hat Yai airport resumes operation

Thu, 4 Sep 2008 00:00:00 GMT

(BangkokPost.com) - Operations at Hat Yai international airport have resumed on Thursday morning after supporters of People's Alliance for Democracy (PAD) dispersed at 1.30am...

BoT upbeat about economic fundamentals

Wed, 3 Sep 2008 00:00:00 GMT

Bank of Thailand (BoT) governor Tarisa Watanagase on Wednesday expressed confidence in the country's strong economic fundamentals, saying that the sluggish economy could turn around if the country's...

Central bank prevents baht from weakening

Tue, 2 Sep 2008 00:00:00 GMT

(BangkokPost.com) - The Bank of Thailand (BoT) intervened in the foreign exchange on Tuesday morning to halt further devaluation of Thai baht, according to deputy BoT governor on fiscal policy Ajana...

PAD blocks entrances of Surat Thani airport

Tue, 2 Sep 2008 00:00:00 GMT

(BangkokPost.com) - Supporters of People's Alliance for Democracy (PAD) blocked entrances of Surat Thani airport on Tuesday afternoon to oppose Prime Minister Samak Sundaravej for announcing the state...

BoT fails to halt baht drop

Tue, 2 Sep 2008 00:00:00 GMT

The baht fell to a one-year low against the US dollar on Tuesday morning shortly after the prime minister declared a state of emergency, even though the Bank of Thailand intervened in the foreign...

Phuket airport restarts international flights

Mon, 1 Sep 2008 00:00:00 GMT

Airlines were resuming their service between Singapore and the popular Thai holiday island of Phuket after the facility reopened following its closure by anti-government demonstrators...

Report blames pilots, weather in One-Two-Go crash

Wed, 27 Aug 2008 00:00:00 GMT

An investigating committee has concluded that the low-cost One-Two-Go Airlines jetliner which crashed nearly a year ago killing 90 passengers while attempting a landing at Thailand's southern island...

Rallies affect investor confidence on short-term: TDRI

Wed, 27 Aug 2008 00:00:00 GMT

Ongoing rallies by the People's Alliance for Democracy (PAD)-led demonstrators will have a short-term impact on the economy, particularly investor and consumer confidence, according to Thailand...

No changes in 6 economic measures: Surapong

Thu, 21 Aug 2008 00:00:00 GMT

(BangkokPost.com) - The government will not adjust its six six-month economic relief measures, particularly the subsidisation of oil, according to Deputy Prime Minister and Finance Minister Surapong...

Baht weakens to 9-month low

Wed, 20 Aug 2008 00:00:00 GMT

The Thai baht continued to weaken on Wednesday’s morning trading and broke through a psychological support level to stay at 34.15 to the US dollar, the lowest in 9 months, according to the Kasikorn...

BOT: Baht's devaluation follows other Asian currencies

Tue, 19 Aug 2008 00:00:00 GMT

(BangkokPost.com) - Bank of Thailand (BOT) governor Tarisa Watanagase said the depreciation of Thai baht is in line with other Asian currencies...

Surapong: Central bank governor won't be sacked

Fri, 8 Aug 2008 00:00:00 GMT

(BangkokPost.com) - Finance Minister Surapong Suebwonglee said disagreement between the ministry and the central bank over how to best tackle inflation will not lead to the sack of central bank...

Property developers move to small Thai islands to cope with privacy demand

Sun, 27 Jul 2008 00:00:00 GMT

Property development in Phuket is expanding to four small nearby islands because of the demand for privacy...

Surapong optimistic about better trade in South

Thu, 17 Jul 2008 00:00:00 GMT

(BangkokPost.com) - Finance Minister Surapong Suebwonglee said he believes southern border trading and tourism will improve after a group claiming to be leaders of southern insurgency announced a ceas

Phuket property booming as fears of adverse effects of the tsunami and political coup subside

Sun, 6 Jul 2008 00:00:00 GMT

A booming tourism industry is helping one part of Thailand buck the downward trend in property prices...

Revisiting the Investment Property Market in Thailand

Tue, 1 Jul 2008 00:00:00 GMT

After the bloodless political turmoil that Thailand has encountered of late and which is hopefully resolved now that a democratically elected government has been returned to power...

Thailand proving to be a strong property market, experts agree

Sun, 15 Jun 2008 00:00:00 GMT

The Thailand property market is still making good returns for investors despite worries about inflation, according to experts...

Expat speaks of move to Thailand

Tue, 3 Jun 2008 00:00:00 GMT

A British expatriate has revealed his reasons for moving to Thailand and the impact this has had on his life.

Jay Walker moved from Essex to Phuket in 2007 after a friend encouraged him to get a job in the region....

Thailand offers affordable properties

Thu, 1 May 2008 00:00:00 GMT

Overseas property investors have been told that good-value properties can be found outside Europe.

According to Rupert Bates of Homes Overseas magazine, property in Thailand is very affordable for British buyers....

James Bond fans urged to buy in Thailand

Mon, 14 Apr 2008 00:00:00 GMT

Overseas property buyers may find locations used in James Bond films good markets to consider, according to a newspaper.

The Telegraph stated that many places which have been visited by the legendary British spy area now attracting lots of attention from second home buyers....

Thailand upgrades economic forecast

Mon, 25 Feb 2008 00:00:00 GMT

Thailand's economy appears to be in good health following a move from the country's National Economic and Social Development Board (NESDB) to revise its growth estimates for the year upwards.

The NESDB said that it had changed its initial predictions of four to five per cent to 4....

South-east Asia property boosted by new flights

Fri, 24 Aug 2007 00:00:00 GMT

A growing number of investors are taking advantage of greater access to property markets in south-east Asia, one expert has claimed.

Jason Killingback, sales advisor at David Stanley Redfern, said that it has become a "lot easier" for people to invest in countries such as Thailand due to the availability of new flights....

Thailand attracting an "array" of investors

Thu, 23 Aug 2007 00:00:00 GMT

Thailand is proving popular with a wide variety of buyers looking for different types of property and investment opportunities, according to one expert.

Jason Killingback, sales adviser at David Stanley Redfern, said that although Thai buying laws can be "quite complicated", steps are being taken to make things easier for investors....

Investors 'cautious' over Thai property market

Wed, 22 Aug 2007 00:00:00 GMT

Many people considering purchasing property in Thailand remain cautious, despite the fact that the risk to investment is "not large", according to one expert.

Commenting on the Thai market, Marsha Lu, head of the legal, diligence and compliance department at Property Frontiers, said that media reports on the recent military coup has prompted some investors to be wary of buying property there....

Thailand 'unaffected by US housing market problems'

Thu, 2 Aug 2007 00:00:00 GMT

The recent housing market decline in the US is unlikely to impact upon the economy in Thailand, according to one expert.

Suchada Kirakul, assistant governor of the Bank of Thailand, said that investors are losing confidence in the US dollar and choosing to look to other markets instead, Thomson Financial reports....

Thailand popular with expats

Thu, 19 Jul 2007 00:00:00 GMT

Retirees and others looking to invest in property are keeping the south-east Asian country of Thailand top for second homes, according to local reports.

While the kingdom presents some problems for property investors, such as restrictions on property ownership, financial facilitation and visa regulations, its climate, environment and its people are helping maintain its popularity, wrote the Bangkok Post....

Thai property market 'bounces back'

Wed, 18 Jul 2007 00:00:00 GMT

After a financial crisis hit the region in July 1997, the property market in Thailand has bounced back in Bangkok, it is claimed.

Acording to Jones Lang LaSalle, the average price for a new condominium in the city is now 81,000 baht per sq m (£1,309), 55 per cent above the pre-crisis peak, of 52,000 baht per sq m, DPA reports....