Financial News (8)
Thailand, Indonesia and Maldives Become Attractive Hotel Investment Markets
According to Jones Lang LaSalle Hotels, Thailand, Indonesia and the Maldives are the next hotel investment markets to watch in the Asia Pacific region in coming years.
"We are seeing fantastic potential coming out of Thailand, Indonesia and the Maldives, backed by rising RevPAR (revenue per available room), healthy investor interest and solid travel demand. While hotel transactions in Asia and globally have slowed in the last year, investor sentiment remains strong for the right prospects, and these are markets are showing the greatest opportunity for capital value growth," said Tom Oakden, Executive Vice President of Investment Sales at Jones Lang LaSalle Hotels.
Americans Planning To Invest In Thailand Are Advised To Obtain Qualified Legal Advice.
Such advice is particularly important given the fact that Thai business regulations are governed predominantly by criminal law, not civil law. While foreigners rarely are jailed for improper business activities, violation of Thai business regulations can carry heavy criminal penalties.
Thailand has removed tax disincentives on buying domestic financial institutions. The Financial Institutions Act passed at the end of 2007 gave power to the Bank of Thailand (the country’s central bank) to raise the foreign ownership limit in a local bank from 25 percent to 49 percent on a case-by-case basis.
Gross Rental Yields
THAILAND PROPERTY AWARD WINNING! SOUTH BEACH - PRATUMNAK
This is what a landlord can expect as return on his property investment before taxes, maintenance fees and other costs. Compare international and Bangkok properties with Pattaya.
Three Emerging Markets - Part Two
Figure 6
What Are Capture Ratio Spreads:
Capture ratios measure a fund's performance in up and down markets relative to the benchmark market index (in this case we used the Vanguard emerging markets ETF as the benchmark). The ratio in this article is calculated by determining each month the size and direction of the price change for the S&P 500; then determining the size and direction of the price change for the same period for the fund being evaluated; and then dividing the size and direction of the subject fund by the size and direction of the benchmark index.
Taxes & Tax Clearances
This is one of Thailand's most confusing subjects, especially for the new visitor/resident. It is further muddied because certain regulations are unenforced. These are always to the advantage of the foreigner, but there is always a certain nervousness because there is no way of knowing when enforcement might resume. Here is Joe Lizzerd’s overview about taxes for our friends and customers.
Sales looking up for listed Thai firms
Listed firms have largely remained positive in Q1 & Q2
A recent article by The Nation reported that while the overall demand to buy residences in Thailand has begun to recover in Q2 of this year, listed firms have enjoyed perhaps the best financial results, in many cases, topping their estimates made earlier this year.
Fitch Affirms Thailand’s Corporate Strength
Fitch Ratings (Thailand) expects further stabilisation of the ratings of Thai corporate bond issuers, as gross domestic product is expected to show a growth rate of 5.5 per cent this year, driven by reconstruction spending, a rebound in manufacturing and government spending.
In its report "Fitch Thailand National Ratings 2011 Transition Study", the agency said that last year, 88 per cent of its corporate ratings were unchanged, with the remainder being more upgrades than downgrades.
Thailand’s Global Rating Improves
GLOBAL COMPETITIVENESS
Report, released today by World Economic Forum in Geneva, Switzerland.
After having fallen for six years in a row, Thailand halts the negative trend and improves by one place in this year's Global Competitiveness Index 2012-2013.
According to the Nation newspaper, out of 144 economies, Thailand is ranked the 38th, up one place from the previous year.
"Yet the competitiveness challenges the country is facing remain considerable. Political and policy instability, excessive red tape, pervasive corruption, security concerns, and uncertainty around property rights protection seriously undermine the quality of the institutional framework on which businesses rely heavily," said the report, released today by World Economic Forum in Geneva, Switzerland.
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