Investment opportunities in Thailand

With an industrialized and developing economy, there are many business opportunities in Thailand for foreign investors. The country is experiencing robust growth, supported by public investment, foreign demand, and domestic consumption, with a rapidly growing population and exports. Also, Thailand’s economy is the second-largest next to Indonesia in terms of GDP, in the southeast Asian Region. The country is one of the best options for investors, as it provides a skilled work

Is it worth investing in Thailand in 2021?

Thailand is regularly cited as an example of how countries should have reacted to containing the coronavirus outbreak. It managed the coronavirus outbreak at the early stage ensuring the safety of its citizens. But Thailand did pray a heavy price for it too. 20% of Thailand’s GDP is accounted for by the tourism industry. With the pandemic hitting really bad at the global level, the Thai economy was majorly hit. But Thailand is all set to recover from its earlier losses. Thai

Amazon To Invest $2B In Affordable Housing In Its Biggest Employment Markets

One of the most sought-after office employers in the U.S. has taken a step toward recognizing a negative side effect of its job creation. Amazon has announced a pledge of $2B toward the creation and preservation of affordable housing in its home city of Seattle, the location of its second headquarters in Arlington, Virginia, and the home of its "National Operations Center of Excellence" in Nashville, Tennessee, the Wall Street Journal reports. Amazon will distribute the large


Compelling Reasons Why Thailand Market is Favorable to Foreign Investors Location Located in the heart of Southeast Asia and the only country in the region that was not colonized, Thailand has served as a business hub for centuries as it is strategically located among its neighboring countries and its property market reaps huge reward from this strategic placement on the map. The country enjoys convenient and beneficial trading opportunities with India, China, Japan, Malaysia

Long-term investment optimism

Three in four Thai firms to increase investment despite weak business sentiment, HSBC survey finds Buffeted by the pandemic and other headwinds, the majority of companies in Thailand are focusing on intra-regional trade to grow in the post-Covid world, according to HSBC. Of the Thai businesses that participated in the latest HSBC Navigator survey, 65% are currently trading within Asia Pacific, the bank said. Meanwhile, mainland China continues to hold importance as an investm

K PLUS brings financial convenience to expats in Thailand

Thailand is a popular destination for expatriates from across the globe. The country’s vibrant atmosphere, lovely people and interesting culture draw many foreigners to settle here. Based on Foreign Workers Administration Office, Department of Employment, Ministry of Labour data, 143,487 foreign professionals and skilled workers were living in Thailand as of end-October 2020. The Expat City Ranking 2020, issued by InterNations, places Bangkok 30th out of 66 cities featured in

Economic fire continues to rage

The struggles and successes amid the pandemic may be permanent. Fighting the pandemic and keeping the ailing economy going have been almost insurmountable tasks for Thailand this year. The Bank of Thailand has forecast a GDP contraction of 7.8% in 2020, crucially weighed down by the outbreak. After wading through the first lockdown and fending off new local infections for months, a sudden spike in new infections this week is expected to drag businesses back towards the circli

Thailand’s property market waits for an end to Covid-19

The Coronavirus outbreak poses challenges for Thailand’s property market as potential Chinese condominium buyers remain stranded in China. Meanwhile, some believe that the outbreak may bring opportunities for non-Chinese buyers and in the long-run, the Chinese may be looking for an overseas refuge in the event of these types of emergencies popping up again Through all this, there will be a certain level of pent up demand for Thai real estate. Of course, it’s not just the Chin

Property developers optimistic about stimulus

The Finance Ministry may consider a proposal by property developer associations on approving stimulus relief for outstanding mortgage loans totalling 600 billion baht as a means to improve sentiment regarding property stock, especially in the condo segment, says Asia Plus Securities (ASP). On Dec 9, property developers submitted a letter to the ministry proposing five stimulus measures for property development. First is the reduction of ownership transfer fees and mortgage fe

Thailand's economic outlook for 2021

The Thai economy will grow next year after contracting by almost 10% this year. Next year, the Thai economy is expected to expand 3 to 4% from this year. It will not be until the end of 2022 before the Thai economy returns to its pre-Covid level of 2019. However, if there is another wave of Covid-19 in Thailand, or if effective vaccines are delayed, the recovery could be slower than anticipated. The recovery is contingent upon a rebound in tourism and exports. Should large-sc