Archive for August 31, 2016

Teflon Tourism: Thailand Forecasts Record Visitors

A deadly bombing in August threatened to scuttle Thailand’s economically crucial tourism industry but officials are now forecasting more than 30 million visitors this year as arrivals from China swell. The bounce back reinforces the teflon reputation of Thai tourism, which has…

Property Measures Pass

This government initiative will pump up housing transfers The cabinet approved three tax packages yesterday aiming at reviving the flagging property sector, stimulating start-ups and rebuilding investor confidence. Finance Minister Apisak Tantivorawong said the property stimulus covered both financial and fiscal measures…

Thai stocks bounce back

Finance minister attributes SET rally to strong economic fundamentals THAI STOCKS have rebounded on the back of the country’s strong economic fundamentals after a steep drop of 64 points to an 18-month low on Monday, Finance Minister Apisak Tantivorawong said…

Transfer fees poised to rise by 30%

Property transfer fees are expected to increase by 30% after the land appraisal prices based on individual land plots are fully implemented, says the head of the Treasury Department. Transfer fees will rise by 30-50 billion baht when the entire…

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