Author: Ashley Wings

The number of condominiums transferred to foreign ownership in 2023 increased by 13.4% to 14,449 units. For the sixth year in a row, the Chinese have been the biggest buyers of Thai condos BANGKOK — The Real Estate Information Centre (REIC) has produced an evaluation of Thailand’s condominium transfer status in 2023. According to the survey, overseas purchasers are an increasingly prominent market sector, with foreigners paying the highest average price per unit purchased. The number of condominiums transferred to foreign ownership in 2023 increased by 13.4% to 14,449 units. The overall value of condominiums transferred to foreign ownership in…

Thailand’s consumer price index in March fell to 107.25 from 107.76 in the same month last year, resulting in a 0.47% decline in Thailand’s consumer price index in March fell to 107.25 from 107.76 in the same month last year, resulting in a 0.47% decline in headline inflation for the sixth straight month. This decline in inflation was driven by a drop in the price of fresh commodities such as meat, vegetables, and fruit as a result of a surplus of produce. Additionally, the price of energy, electricity and fuel dropped in March thanks to government subsidies. The prices of…

for foreign businesses, tourism officials said Thursday. According to Jaturon Phakdeewanich, director-general BANGKOK — Two tour companies were ordered to close down on suspicion of acting as nominees for foreign businesses, tourism officials said Thursday. According to Jaturon Phakdeewanich, director-general of the Department of Tourism, which regulates tourism businesses in Thailand, Chang Long Travel and Sen Zhou Xing Tour’s licenses were revoked after it was discovered that they made changes to the shareholder structure that violated the requirements for operating a tourism business. Both companies have their registered offices in Bangkok’s Wang Thonglang district. Under the law, operating a tourism…

The raids were conducted by officers from the Provincial Police Region 8, under the direction of Suraphong Police in Phuket have raided a number of Russian-owned firms accused of using Thai nominees. The raids were conducted by officers from the Provincial Police Region 8, under the direction of Suraphong Thanomchit, and accompanied by various other police teams and immigration officers. One of the premises raided was the Octopus restaurant in the northern sub-district of Cherngtalay, where it was discovered that Thai national Punyanuch Thongkob was listed as holding 51% of the shares. It was subsequently discovered that Ms Punyanuch is…

On Thursday, Suriya Juangroongruangkit, the minister of transport, announced that all pertinent agencies have During the seven-day Songkran vacation, the six international airports operated by Airports of Thailand (AOT) are expected to handle 2.61 million passengers, according to the Transport Ministry. On Thursday, Suriya Juangroongruangkit, the minister of transport, announced that all pertinent agencies have been told to get ready for the enormous influx of people who would come by land, sea, or air between April 11 and April 17. Suriya added that he has instructed AOT to ensure full convenience and security for passengers using the six airports. He…

Famous tourist destination in Phang Na closed after fractures were discovered next to a picturesque lake A lakeside tourist destination in Phang Nga province called Thong Lang Cave has been temporarily closed due to the discovery of fissures on the lake’s banks that could endanger visitors. A notice outlining the rationale behind the closure has been erected by the owner of the property near the lake. The notice further stated that the area has been closed since March 15 until relevant agencies conduct a comprehensive inspection to guarantee visitor safety, as ordered by provincial officials. “This area will be off…

From the end of 2022 until the current 2024, the number of foreign condo investors in Phuket is gradually increasing.. Rather than living in Phuket, foreigners are buying condos for investment only.. Condos built by well-known developers have sold out 80% five months after the opening of the Sale Gallery. Can Burmese citizens buy a condo in Phuket? Can they rent it back? When are the prices the highest? I’ll tell you about Phuket’s weather first. There is no winter in Phuket. There is rain and summer… Rain is from July to October and summer is from November to June……

The ministry’s spokesperson, Pornchai Teerawet, announced on Monday that the ministry’s earnings for the The ministry’s spokesperson, Pornchai Teerawet, announced on Monday that the ministry’s earnings for the period of October 2023 to February of this year totaled 981.90 billion baht. This is a 2.5% decrease, or 25.14 billion baht, from the projected objective and a 0.4% decrease from the same time in the previous year. He claimed that fuel subsidies and reduced automobile tax revenues as a result of electric car marketing had caused the Excise Department’s earnings to decline. Meanwhile, agencies that earned more than expected included enterprises…

Thailand’s Nakhon Si Thammarat An important development was the capture of 55 Chinese and 35 Thai Thailand’s Nakhon Si Thammarat An important development was the capture of 55 Chinese and 35 Thai people by the authorities in Nakhon Si Thammarat. The arrests were related to a widespread contact center scam that was taking place in the area. The Examencia Important information regarding the illegal acts was obtained by the Cyber Crime Investigation Bureau, which promptly worked with local law enforcement. Together, these efforts resulted in a series of raids that targeted various potential scam venues throughout the Chawang district. The…

Anong said her son was caned 12 times but he volunteered to be caned six more times to reduce his wife’s punishment The mother, Anong Sidaprom, 37, lodged a complaint against the proprietor of the Thai-style shabu hotpot establishment Fah Sang South Pattaya on Saturday night at the Pattaya Police Station. Anong claimed that her daughter-in-law, Nattawat Komolwanit, 22, and her son, Patcharapol Sidaprom, 18, had each received sixteen canings from the shop owner, Jeh Fah. Anong said her son was caned 12 times but he volunteered to be caned six more times to reduce his wife’s punishment by half.…