Thailand’s Winning Combo: Cheap Oil, Tourism and Leicester City

Thailand’s Winning Combo: Cheap Oil, Tourism and Leicester City   When you talk about hefty trade surpluses, names likes China, Germany, Japan, and South Korea take top spot on the list of usual suspects. Thailand is known best for its food, beaches and more recently, Leicester City – the English Premier League Winners who have, owing majorly to their sudden…

What is “Glamping” in Southeast Asia?

What is “Glamping” in Southeast Asia? Indonesia and Thailand are Southeast Asia’s best spots for glamping, according to a report by the consultancy firm called C9 Hotelworks. Let us now focus on the term glamping – Its meaning and importance. The term is short of ‘glamourous camping’ that basically stands for tented accommodation for the luxury traveller. Evidence of…

Thailand’s property stimulus proposal

Thailand’s property stimulus proposal – 3 Key Points First-time purchasers benefit the most from Thailand’s property stimulus proposal. In an attempt to rejuvenate Thailand’s lack-luster real estate industry, Finance Minister Sommai Phasee had not too long ago granted a stimulus package that aimed to increase the duration of property transfer procedures in the country, as reported by the Bangkok Post recently. These measures should…

Sathon – Popular Again!

Sathon – Popular Again! The latest entry of luxury hotels, new office developments, retail outlets, restaurants and bars in the Sathorn area are quickly helping in restoring its popularity and reinstating it as a modern and hip neighbourhood, which is in direct contrast to Sathorn’s former image of being just a residential and business district. Residential Constructions & Expatriate…

Thailand Returns To Top 25 Of The FDI Index

Thailand Returns To Top 25 Of The FDI Index Thailand has made a return to the top 25 of the A.T. Kearney’s FDI (Foreign Direct Investment) confidence index following a two-year absence. Thailand ranks 21 in the FDI index of 2016, according to head and partner of Southeast Asia at A.T. Kearney (a global management consultancy), Chua Soon Ghee. The…

Thailand To Share Taxpayer Data

Thailand To Share Taxpayer Data Thailand’s Finance Ministry has plans to fix the Revenue Code in order to allow the Thailand Revenue Department personnel to expose taxpayers’ information in front of agencies from other states to facilitate the enforcement of e-tax. The disclosure that follows Section 10 amendment of the Revenue Code plans to help in tax collection, said…

Local Banks Challenged By Fintech Wake-up Call

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…

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