Business

In Europe, foreign ownership laws vary by country, but in general, the continent is quite open to foreign investors, whether it comes to owning real estate, starting businesses, or making financial investments. Here's an overview of the key rules and regulations regarding foreign ownership in Europe: 1. Foreign Ownership of Real Estate in Europe In Europe, property ownership...

Thai Exports Continued to Grow in September Raising Prospects for an Upward Revision in 2024 Despite the cooling trends in exports, SCB EIC anticipates growth to surpass initial estimates of 2.6% for the year, propelled by rising gold exports and strong electronic sales. In September 2024, Thai exports grew 1.1% YOY, slowing from 7% growth. Total exports reached USD 223,176 million for the year, with...

Thailand’s automotive industry to get “responsible business” toolkit from ILO The International Labour Organization (ILO) has developed a new toolkit to enhance social dialogue between employers and workers in Thailand’s automotive supply chain. This toolkit aims to strengthen responsible business conduct in the sector. Nearby car dealerships The toolkit was developed in response to an ILO...

The Thai housing market has faced challenges due to both external and domestic factors, including a downturn in China's  real estate sector, decreased construction demand, high household debt, and an aging population. Thailand’s residential market has faced challenges due to external and domestic factors, including a downturn in global construction demand and the country’s high household debt. Key...

Purchasing a home or making an investment in real estate is one of the most significant financial decisions you’ll ever make. Whether you're a first-time homebuyer or an experienced investor, the expertise of a real estate agent is invaluable. Here’s why hiring a professional agent should be at the top of your list when navigating the complex world of property transactions. 1. Expert Knowledge of the...

Prices, Application Forms, and Essential Information The Thailand Elite Visa is an enticing option for those looking to enjoy long-term stays in Thailand with a range of exclusive privileges. Designed for affluent individuals, expatriates, and frequent travelers, this visa offers a seamless and luxurious experience. In this guide, we’ll delve into the various packages, their prices, and the application...

A Comprehensive Guide to Different Types of Visas in Thailand Thailand is a popular destination for tourists, expatriates, and digital nomads, offering a rich culture, stunning landscapes, and a warm climate. To enjoy all that Thailand has to offer, understanding the various types of visas available is essential. This guide will provide a detailed overview of the different visa options, their purposes,...

Thai condo market slows down amid withdrawal of Chinese and Russian investments Condominium sales in Bangkok are slowing down due to a decline in foreign buyers, particularly from China and Russia. The Thai condominium market is experiencing a significant slowdown due to the withdrawal of Chinese and Russian capital. Key takeaways The Thai condominium market is slowing down due to reduced...

U.S.-China tensions to boost demand for office and industrial real estate in Southeast Asia The ongoing U.S.-China tensions have led to a strategic reassessment of supply chains and investment locations. With the imposition of tariffs and trade barriers, multinational corporations are looking beyond traditional powerhouses to establish their operations. Southeast Asia, with its growing middle class, lower...

The Vietnamese government is set to implement new laws and decrees related to land, housing, and  real estate business from August 1, 2024. These changes aim to professionalize the real estate market and improve transparency. New laws and decrees will reshape Vietnam’s  property market and professionalize real estate brokerage, aiming for better transparency and growth. The new regulations...