Ease foreigner’s tax burden in Thailand Bangkok Post Editorial The recent proposal to amend Thailand’s foreign income tax regulations has sparked significant debate among expatriates and international investors. This move has raised numerous concerns that urgently need to be addressed. Thailand’s new foreign income tax regulations, effective Jan 1, 2024, aim to expand the tax […]
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Harman building B2.8bn Thai factory Harman, a US-based subsidiary of Samsung Electronics, is building its first Southeast Asian factory, with Thailand chosen as its production base to export electronic products for cars. “Thailand has solid experience in automotive and related industries. This prompted us to invest here, hoping to use the country as a regional […]
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Construction of Thailand’s last three double-track rail routes approved The State Railway of Thailand (SRT) has revealed that the last three double-track railway routes have been approved for construction, with an estimated investment of more than 164 billion baht. The 678-kilometre routes were part of a total of seven double-track railway megaprojects. They include the […]
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Thai PM allays foreign quota fears on foreign ownership allowed in condominiums Prime Minister Srettha Thavisin on Sunday defended the proposal to raise the proportion of foreign ownership allowed in condominiums from 49% to 75% and extend land lease terms for foreigners to 99 years from 30-50 years, saying these measures will help stimulate the […]
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Good news on Thailand’s eastern corridor high-speed railway Prime Minister Srettha Thavisin is vowing to push for a high-speed railway project linking three main airports to ensure the success of the Eastern Economic Corridor (EEC) and he expects good news to revive the long-delayed railway project next month. The prime minister voiced support for the […]
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Visa differences impede progress towards a Schengen-style south east Asia The Thai prime minister’s campaign to introduce a Schengen-style visa program for travel across the region has become stuck in bureaucracy. Thailand, Cambodia, Malaysia, Myanmar, Vietnam and Laos each has different travel regulations which are proving hard to disentangle. For example, Thailand now allows no-cost […]
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EGAT to open bid for Srinagarind Dam hydro-floating solar project on 14 August The project is expected to be operational within 2026. The Electricity Generating Authority of Thailand (EGAT) opened the selling of bidding documents for the development of a 140-megawatt (MW) unit 1 hydro-floating solar hybrid project in the Srinagarind Dam, with the bidding […]
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World’s most expensive cities for expats in 2024 Uprooting your life and moving to a completely different city for work isn’t always an easy decision. There are many factors to consider, with cost undoubtedly high on the list. But which international city is the most expensive in the world for expats to move to? Hong […]
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Raising Thailand’s foreign condo ownership quota from 49% to 75% being reviewed Deputy PM Phumtham says 75% cap will be studied, along with longer lease periods The government will study the feasibility of raising the level of foreign ownership allowed in condominiums from 49% of a building’s usable space to 75%, according to Deputy Prime […]
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Bangkok townhouse sales plunge Weak demand plagues the mid-level segment in the first quarter New sales of Greater Bangkok townhouses plummeted in the first quarter of 2024 to a 12-year low, nearing levels following the severe floods of 2011, largely attributed to weak demand in the middle to lower-end segments. Somboon Wasinchutchawal, acting chief executive […]
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