Latest News in Thailand

Dollar growing stronger against Thai baht
Due to the recent drop in oil prices and the political and economical tensions in Thailand the Baht has weakened against the dollar in last few months.
Bank of Thailand’s boss Tarisa Watanagase said the depreciation of Thai baht is in line with other Asian currencies. Bank of Thailand’s boss also [...]

New case against Thaksin
On Wednesday the Supreme Court’s opened a new case against ousted premier Thaksin Shinawatra. The Supreme Court Case against Thaksin involves charges that Thaksin abused power by giving a government loan to Burma to benefit Thaksin’s Shin Corp Telecom company.
The first day of the trial will be September 16th, The Supreme Court [...]

New Condo Development in Pattaya, Thailand
IFA Hotels and Resorts Development, a developer in Thailand, Raimon Land announced a $200 million dollar condo project in Pattaya, Thailand, ‘The Lofts Southshore.’
Pattaya, Thailand, a popular destination for Gulf residents, many Middle Eastern investors are expected to invest in Pattaya, Thailand, The Lofts Southshore.
The Lofts Southshore Pattaya will be [...]

3g telecom network for rent to be built in Thailand by TOT Thailand - iPhone Thailand release date - 2009!
TOT to Build B30 Billion 3G Mobile Network for Rent
TOT signed an agreement with CAT Thailand yesterday for rights to manage 3g service of Telecom Network in Thailand. TOT would pay 2.4 billion baht over 5 [...]

Gold prices in Bangkok, Thailand up 2.6 percent on Monday, Gold up to Record High
Bangkok, Thailand: Gold prices went up 2.6% Monday in Gold Market in Bankok, Thailand due to the rise in tensions with Iran and Israel in Middle East.
Gold jewelry went up to a record high of 15,600 Baht or $466 per 1 [...]

LATEST NEWS: THAILAND FOREIGN BUSINESS ACT ‘FBA’
CAN SINGAPORE KEEP SHIN CORP?
CAN FOREIGNERS OWN THAI LAND WITHOUT THAI NOMINEES?
by Mysai Kung

All revisions to Thailand’s Foreign Business Act (FBA), which would have brought tighter rules for outside investors, have been scrapped, Commerce Minister Mingkwan Sangsuwan said on Friday, 13 June 2008. “Why close the door to [...]

Convergys USA Wins AIS Thailand Mobile Consulting Contract
Convergys has signed two consulting contracts with Thai based mobile phone operator, Advanced Info Service (AIS). Convergys USA, one of the world’s largest outsourced contact center companies, will provide services to transform AIS’ customer relationships, AIS Thailand will use Convergys’s solution methods to retain customers and increase [...]

Thailand’s Foreign Business Act (FBA), which would have made it difficult for foreign investors to trust investing in Thailand have been scrapped, Commerce Minister Mingkwan Sangsuwan said today.
“Why close the door to foreign investment? That’s why I don’t bring it back,” he said. ‘Don’t worry. No more. It’s finished,’ he said.

Thailand Property Fund Investments Deserve Consideration
Deciding which property fund to invest in may be a different ball of wax altogether from choosing a bond or equity fund.
For starters, property funds in Thailand - especially the big ones - often invest in only one property class such as shopping malls or office buildings, and are thus, [...]