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» Recap: Higher prospects for a US interest rate increase this year roiled global stock markets last week before the release of tepid job data on Friday weakened the case for any change. The Thai bourse faced selling pressure on Friday as investors cashed out for fear that capital inflows to Thailand would reverse, as has been seen in some other markets in Southeast Asia.
» More than 4,500 new condominium units were launched in Hua Hin in the first half of this year alone, bringing total supply to 22,619 units. On the demand side, sales rose to 52% of new units launched, from 49% the previous year. The Hua Hin condominium market is destined to grow further, given favourable factors including the government's increased promotion of the city and Cha-am as seaside resort destinations for foreigners, and plans for a high-speed rail line and Motorway Route 8 to make travel from Bangkok faster.
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