Local Banks Challenged By Fintech Wake-up Call Fintech (financial technology) has in recent years risen to challenge Thailand’s banking industry, which must improve its technology wing in order to stay competitive, as recently told to a business forum’s participants. Competition from players in the non-banking sector is needed in order to get tougher with regards to peer-to-peer and payment in…
RUSSIAN TOURISTS BOUND TO RETURN TO THAILAND IN NUMBERS The number of Russians visiting Thailand this year is projected to rise because of the increased strength of the rouble, which is a by-product of the rising oil prices. The Tourism Authority of Thailand (TAT) has forecasted that the number of Russians visiting Thailand this year would reach 1 million….
Thailand Excise Department To Double Revenue By 2027 The Thailand Excise Department is analyzing a strategy to implement higher taxes on alcohol, fuel, tobacco, beer and telecommunication services, aiming to double its revenue to the sound of 1 trillion THB by the year 2027. Taking these changes into account, the revenue of the tax-collecting agency is projected to reach 829…
There Is Something In It For Everyone Be it Indian weddings or family and group vacations, Thailand has something to offer every Indian. Wedding Destination Indian weddings in Thailand have in recent years become big business. Thai hospitality in general, pristine landscapes and world-class resorts are some of the reasons for the large number of Indian weddings in Thailand…
THE POSITIVES AND NEGATIVES OF AN OFF-PLAN BUY To start with, the best attribute of an off-plan buy is the reduced value at which it is purchased as compared to a project that is completed. Buying a property at the pre-construction stage is known as an off-plan buy. Once completed, such properties are worth much more than their off-plan…
IS SMALL REALLY THAT SMALL? Micro apartments are called ‘mosquito units’ in Hong Kong, ‘micro dwellings’ in Bangkok and ‘shoeboxes’ in Singapore. Known by various names, these units have become an important feature of Asia’s residential property market. India is following a similar trend as was observed in a research conducted by JLL a global real estate firm. The…
THAILAND – A HAVEN FOR RETIREES International Living is a one of the leading websites on a global level, according to International Living – Thailand ranks seventh in the world as one of the best places to retire in. In addition to this, International Living releases an annual list for the ‘Best Places to Retire’ in the Southeast Asian…
THAILAND – CHEAP RENT According to Numbeo.com, a website that calculates cost of living; in the section of cost of renting a property in Southeast Asia, Thailand ranks fourth out of a total of nine countries surveyed. Singapore has been picked as the most expensive destination in terms of renting a property in Southeast Asia by the survey, while…
THE POSITIVES AND NEGATIVES OF AN OFF-PLAN BUY To start with, the best attribute of an off-plan buy is the reduced value at which it is purchased as compared to a project that is completed. Buying a property at the pre-construction stage is known as an off-plan buy. Once completed, such properties are worth much more than their off-plan…
A SPOOKY HOME FOR PATTAYA INVESTORS Look no further potential investors, property buyers and hospitality guests seeking something spooky as your search ends in Pattaya that has just what you need to fulfill your morbid realty cravings on the occasion of Halloween. Over the span of seven years working with the property firm New Nordic, Kurt Svendheim has played a…
