THAILAND – PROPERTY Thailand’s MBK offering condo financing for foreigners Thai institutional group MBK PLC is now offering financing to foreigners on freehold condominiums through its subsidiary MBK Guarantee Ltd. This appears to be an extremely notable development in Thailand, where previously financing was nearly impossible to obtain for foreigners. Loans from THB2 million to […]
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The long arm of the UK taxman A recent case has made it clear that if you have maintained connections with Britain while living abroad, you’re at risk of a bill from the Inland Revenue. What should expats do? For many British expats who have been banking abroad and assuming that their savings are safe […]
Continue ReadingNGOs campaign to defer dams construction in Lower Mekong Basin Campaigners on Tuesday expressed concern against the members from the Lower Mekong Basin to continue building dams to meet energy demands. In an interview with reporter in Bangkok on Tuesday, Carl Middleton from International Rivers said that concerned activists have been calling the Mekong River […]
Continue ReadingProperty sector in Bangkok still booming From its business district to leafy suburbs, new condominiums are sprouting almost daily across Bangkok, but developers and investors alike seem little concerned about a property bubble developing. The country’s real estate stocks have been on the boil with the index of property stocks up 28 per cent in […]
Continue ReadingFeasibility study next challenge The government plans to start a feasibility study soon on the first phase of a proposed high-speed rail link from Nong Khai to Bangkok.
Continue ReadingRail talks get Cabinet go-ahead The Cabinet has approved in principle a framework for negotiations between the government and China on a high-speed-train project, which is part of a planned transnational railway linking China to Southeast Asia.
Continue ReadingRail plans with China endorsed The cabinet yesterday approved joint investment plans with China for three high-speed train routes: Nong Khai-Bangkok, Bangkok-Padang Besar, and Bangkok-Rayong.
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An increasing number of expats are turning away from the traditional apartment or condo to purchase property with land in Singapore. Land is scarce in the city-state of Singapore, but foreigners this year have been eagerly buying so-called “landed properties”. According to new research by property agent Knight Frank, foreigners were responsible for the purchase […]
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Nearly three quarters of retired expats are glad they retired abroad, a new survey claims. Stories of expat retirees forced to return the UK have been common in the past few years, as the economic slowdown takes its toll on pensioners. New data compiled by Natwest International suggests however that 71 per cent of expats […]
Continue ReadingA|Club, a worldwide multi-brand loyalty program that is free and 100% Web-based, celebrates its second anniversary with its nearly 5 million members A|Club members earn points in more than 2,000 Accor hotels operating under the Sofitel, Pullman, MGallery, Novotel, Suite Novotel, Mercure, ibis, all seasons, Thalassa sea & spa and Adagio brands. Points can also […]
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