Latest News in Thailand

Thai Political Veteran Sick and Tired of the Whole Mess
Thailand’s Pracharaj Party leader Sanoh Thienthong said on Sunday that he is weary of political affairs and is in preparation to leave the political stage, claiming to be sickened by the entire mess.
While speaking about former Prime Minister Chavalit Yongchaiyudh’s return to politics by joining [...]

1,700+ Bangkok Slums to be moved out of Bangkok
Prime Minister Samak spoke at the National Economic and Social Development Board on the visions for Thailand for 2027 seminar and said he will move over 1,700 slums out of Bangkok. Samak said the Thai government would relocate over 1,700 slum communities out of Bangkok. Samak said [...]

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 [...]

Cambodia: 40+ Thai Troops entered into Cambodia today due to rising tensions over the disputed land of an 11th-Century Hindu ancient temple on the border of Cambodia and Thailand, there was a stand-off with troops, but there has been no shootings as of yet. The Thai soldiers have positioned themselves at a Buddhist pagoda below [...]

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 [...]

Failure rate for condos in Bangkok, Thailand nears 50%
by David Barkdull
Bangkok
Property speculation in Thailand is a form of doing business and investing (gambling) on Thai property values increasing in the short or long term. In Thailand is it easy to put Bt100K down on a condominium unit or multiple units in a project, pay a [...]

Thaksin Takes a Gamble on the Gaming Business
Former Prime Ministre Thaksin Shinawatra is showing interest in developing an additional casino and amusement complex in the Cambodian region of Koh Kong, Cambodian Defense Minister Teah Banh said yesterday.
Gen Teah Banh, who in addition is a deputy prime minister with close links to Thai generals, also articulated [...]

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, [...]