Indonesia to build new capital called ‘Nusantara’ to replace sinking Jakarta

Indonesia to build new capital called ‘Nusantara’ to replace sinking Jakarta Indonesia is building a new capital… because Jakarta is sinking. According to Indonesia’s President Joko Widodo, the new capital will be built in East Kalimantan Province on the island of Borneo and named “Nusantara,” which means “an archipelago nation.” The House of Representatives approved […]

Continue Reading

Thai property developers Noble Development and SC Asset Corporation plan record launches

Thai property developers Noble Development and SC Asset Corporation plan record launches SET-listed developers Noble Development and SC Asset Corporation are upbeat about their business prospects and overall market sentiment this year, with both planning record property launches. In 2022, Noble plans to launch 18 new projects worth a combined 47.7 billion baht, while SC […]

Continue Reading

Thailand cuts property transfer fees from 2% and the mortgage fee from 1% to 0.01% for both to stimulate economy

Thailand cuts property transfer fees from 2% and the mortgage fee from 1% to 0.01% for both to stimulate economy The government cuts fees for ownership transfers and mortgage of properties to 0.01% on Tuesday. Deputy government spokeswoman Traisuree Taisaranakul said the Royal Gazette yesterday (Jan 17) published announcements by the Interior Ministry to reduce […]

Continue Reading

Phuket’s long-delayed 3.98-kilometre Kathu-Patong expressway receives final approval to build

Phuket’s long-delayed 3.98-kilometre Kathu-Patong expressway receives final approval to build The cabinet approved 14.6 billion baht on Tuesday to build the long-delayed 3.98-kilometre Kathu-Patong expressway with investment via public-private partnership (PPP). Government spokesman Thanakorn Wangboonkongchana said the Kathu-Patong expressway aims to ease traffic jams and support Phuket smart city development. Of the total, 5.79 billion […]

Continue Reading

Transport Ministry pushes for expansion of Bangkok’s Suvarnabhumi International Airport

Transport Ministry pushes for expansion of Bangkok’s Suvarnabhumi International Airport The Ministry of Transport is pushing for the expansion of Suvarnabhumi International Airport to prepare for more air travels. The decision came after a prediction by the International Air Transport Association (IATA) that the number of air travelers would reach 65 million people between 2024 […]

Continue Reading

Cabinet approves plans to attract long-stay foreigners to Thailand with long-term residence visas for up to ten years

Cabinet approves plans to attract long-stay foreigners to Thailand with long-term residence visas for up to ten years The Thai cabinet has approved, in principle, two ministerial announcements aimed at attracting four specific groups of foreigners to stay in Thailand for up to ten years, in the hope that they spend their wealth, invest or […]

Continue Reading
Page 181 of 822
1 178 179 180 181 182 183 184 822