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PROPERTY

Foreign property lures are rejected

Business, Chatrudee Theparat, Published on 22/01/2022

» The Centre for Economic Situation Administration (CESA) chaired by Prime Minister Prayut Chan-o-cha on Friday put the brakes on proposals to increase foreign ownership quotas for condominiums from 49% and expand property leasehold rights for foreigners from 30 years to 50 years.

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PROPERTY

Tangled lines

Business, Chatrudee Theparat, Published on 30/10/2020

» Many big-ticket mass transit projects have been subject to delays from their original schedules. The impact of the coronavirus outbreak is not alone to be blamed; other snags have included the slow formation of a government after the March 2019 election, as well as policy rejigs by the Transport Ministry, which is controlled by a representative from the Bhumjaithai Party.