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Search Result for “vote”

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PROPERTY

New hotel law raises safety concerns

Business, Narumon Kasemsuk, Published on 02/06/2025

» The Thai Hotels Association (THA) has raised the alarm for property owners over a new draft law for hotels, warning it could infringe on the rights of residents and compromise tourist safety, which is already a blemish for Thailand.

PROPERTY

Concerns about foreign property perks downplayed

Onnucha Hutasingh, Published on 06/07/2024

» The government has played down concerns raised over the possible negative impacts of its proposal to increase the foreign ownership quota for condominiums to 75% and extend land leasehold terms to 99 years.

PROPERTY

PM allays foreign quota fears

Onnucha Hutasingh and Wassana Nanuam, Published on 23/06/2024

» 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 economy.

PROPERTY

Major Chinese developer avoids default

AFP and Bloomberg, Published on 02/09/2023

» BEIJING: The Chinese developer Country Garden has won approval from creditors to extend a deadline for a key bond repayment, narrowly avoiding a potential default.