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Transportation Infrastructure Projects Will Ready Thailand for AEC

Thailand Prime Minister Yingluck Shinawatra said yesterday the government stands ready to go ahead with its Bt2-trillion transportation-infrastructure project as a means to prepare for enhanced Thai-Asean links and liberalised trade with both Asean and non-Asean partners.

Meanwhile, according to the commerce minister, state subsidies for agricultural products will be adjusted to strengthen the sector before the country joins the full Asean economic integration planned for January 1, 2016.

Published in ASEAN News

The Asean Economic Community looks at Thai tourism and investment trends

Is Thailand’s lack of competitiveness with other Asean countries, internal political problems, and lack of English speaking qualified human resources, going to weaken the tourist industry?

With a record high of 22 million foreign-tourist arrivals in 2012, the country is demonstrating lasting strength in tourism. Projections for 2013 are for the industry to beat last year's record with 24.5 million arrivals. This is good news for hotels and serviced apartments, which can expect higher occupancy and the opportunity to push for higher room rates.

Published in ASEAN News
Saturday, 16 February 2013 10:32

No Speculation and No Driving Up Land Prices

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FOR SALE: LAND ON PRATAMNAK, SOI 6, PATTAYA, 204 TALANG WAH

Thailand property developers' expansion into the provinces has driven up land prices, but some believe there is little danger of an economic bubble like what happened in 1997 because the harsh lessons of that time have not been forgotten.

Clearly, the economic boost upcountry caused by economic decentralisation and the approach of the Asean Economic Community are driving real demand for accommodation in border trading areas, said Chartchai Payuhanaweechai, vice president of Kasikornbank.

Asian Property Development Lauch Its First Three Projects In Thailand

Asian Property Development plans 3 projects in Thailand,and it's the first time about Asian Property Development launch condominium projects in the provinces, as it sees strong demand upcountry, especially in border areas, ahead of implementation of the Asean Economic Community in 2015.

Chief executive officer Anuphong Assavabhokhin sai at least one of the projects would be in a border province, Udon Thani, to cater to investors doing business in Vientiane, Laos. The company is studying where to locate the other two projects. 

Published in Latest
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RESALE: CETUS BEACHFRONT PATTAYA, JOMTIEN

Thailand property firms are focused on expanding their investment in the provinces and overseas amid high competition and limited demand in Bangkok and the suburbs.

Among provinces, the focus is on border areas as Udon Thani, Ubon Ratchathani, Kanchanaburi and Chiang Rai. There has been strong demand from local and foreign investors who aim to use Thailand as their gateway to neighbouring countries once the Asean Economic Community (AEC) comes into effect in 2015.

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