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Bank of Thailand cuts policy rate, to 1.5%

Bank of Thailand cuts policy rate, to 1.5%

The Bank of Thailand’s Monetary Policy Committee has made a surprise decision today to cut the policy interest rate amid pressure to avert an economic slowdown and hedge the heightened trade war between the US and China. The MPC cut the interest rate by only 25 basis points to 1.5 %. But the cut is […]

Radisson brand add another Phuket hotel to its portfolio

Radisson brand add another Phuket hotel to its portfolio

The Radisson Hotel Group has signed a deal for a 222 key mixed-use hotel on Phuket’s north west coast at Mai Khao. Set to open in early 2023, the hotel has sales and leaseback units under a hotel residences program. Radisson Phuket Mai Khao Beach is being developed by Thai-Chinese Property Holdings. Phuket’s ongoing development […]

Phuket Law: Working without a work permit now possible

Phuket Law: Working without a work permit now possible

The general rule is that someone who is not a Thai citizen must obtain a work permit if he or she wants to work in Thailand. Recently, however, Thailand has made a few significant exceptions to this general rule, as well as, some other notable changes to the foreign work permission regimen. For some people […]

Ten things the Thai Government need to do right now

Ten things the Thai Government need to do right now

Thailand is a proud country with a rich cultural tradition. And great food. Expats and visitors have been flocking to the Land of Smiles for a century, especially the last 20 years when tourism has surged to become a major contributor to the country’s GDP. But the veneer of a never-ending rise in tourism numbers […]

Financing Thailand Property

Financing Thailand Property

Mortgage Bonds for Foreigners Thailand Property Financing Yourself When we buy a property back home, one of the first things we would think of is financing. Even for those who have sufficient funding and liquidity for an acquisition, financing is often seen as a means of leveraging our investments. For buyers with less access to […]

Management in Thailand

Management in Thailand

Thailand is one of the countries in ASEAN of which the majority of the population follows Buddhism traditions. Buddhism has deep roots in the Thai society and it directly influences their management style. Harmony is the highest importance of Thai management in business. They always try to avoid argument and conflict in their organization. It’s […]

Loan Types in Thailand

Loan Types in Thailand

What are Credit Cards? A credit card allows you to loan from financial firms to purchase goods and services today while paying for them later. People use credit cards for restaurant meals, flight bookings, petrol, utility bills, and even online shopping. Others reserve their credit cards for only more expensive purchases such as cars, a […]