Showing 1 - 6 of 6
Measures may not be sufficient
Business, Kanana Katharangsiporn, Published on 29/05/2024
» The government's property measures may not stimulate the residential market as much as expected because obstacles to home demand and purchasing power, particularly for units priced below 3 million baht, remain unchanged.
China hands death sentence to ex-banker for taking bribes
South China Morning Post, Published on 29/05/2024
» BEIJING - A court in eastern China delivered a rare death sentence on Tuesday, after finding that a former senior banker accepted bribes worth more than 1.1 billion yuan (US$151 million) in his role with one of the country's top four state asset managers.
QHHRREIT Completes Conversion, Acquires New Prime Assets
Published on 29/05/2024
» QHHRREIT has successfully completed its conversion from a property fund to a real estate investment trust (REIT) and has acquired new assets, including the Centre Point Hotel and Residence Silom. This strategic move aims to enhance the trust’s sustainable revenue potential by capitalising on the recovering tourism sector and the new visa-free policy, positioning it as a high-potential hotel REIT in prime locations.
Thieves strip 17 railway crossings in Songkhla
Assawin Pakkawan, Published on 29/05/2024
» SONGKHLA: Thieves have stolen signal poles, barrier arms and other equipment from 17 railway crossings in three districts of this southern province, endangering the lives of passengers, pedestrians and motorists, a senior railway official said.
Strong first quarter for listed companies
Business, Nareerat Wiriyapong, Published on 29/05/2024
» A rebound in tourist arrivals has supported listed companies on the Stock Exchange of Thailand (SET) as they reported sales growth of 4.6% year-on-year in the first quarter to 4.4 trillion baht (roughly US$129 billion), with net profit edging up 1.7% to 265 billion baht.
Land and building tax collection to tally B43bn this year
Business, Wichit Chantanusornsiri, Published on 29/05/2024
» The Finance Ministry expects collection of the land and building tax this year to total 43 billion baht, 8 billion higher than last year as the tax discount is discontinued.