IFC is evaluating a US$150 million loan package for KB Finansia Multi Finance (FMF) in Indonesia and KB J Capital (KBJ) in Thailand.
In the Philippines’ First Banyan Tree Luxury Residence, Units Start at P92 Million
The first Banyan Tree property in the Philippines will be located in Entertainment City Parañaque City Starting with one property in Phuket, Thailand in 1994, the Banyan Group currently has 8,695 …
IMD Report: Indonesia Surpasses Malaysia, Ranks 27th in World Competitiveness Ranking
Indonesia places third in Southeast Asia, following Singapore and Thailand, with Singapore maintaining its global lead.
China’s Lust for Durian Is Creating Fortunes in Southeast Asia
China is not only a buyer. Chinese investment has flowed into Thailand’s durian packing and logistics business. Already, Chinese interests control around 70 percent of the durian wholesale and logistics business, according to Aat Pisanwanich, a Thai …
Thailand reviews property tax law after five years
The Finance Ministry is currently reviewing the Land and Building Tax Act, which has been in effect for five years, marking a crucial phase in reforming Thailand’s property tax regime. Public hearings …
Myanmar crackdown on property abroad hits Thai sales
A crackdown in Myanmar on the purchase of property abroad in a bid to halt a slide in the kyat currency has hit demand for condominiums in neighboring Thailand, where many Myanmar citizens have moved …
China keeps its 2026 World Cup dream alive despite 1-0 loss to South Korea
SEOUL, South Korea (AP) — China kept its 2026 World Cup dream alive by the narrowest of margins despite a 1-0 loss to South Korea on Tuesday. China advanced to the next qualification round because Thailand, needing to beat Singapore by three goals, only won 3-1.
Arrests spook Myanmar condo buyers shifting wealth to Thailand
Condos held by Myanmar nationals in Thailand can be occupied by the owners, sit empty or be rented out. Bangkok is the most popular destination for escaped Myanmar individuals’ wealth, with condo …
Thailand’s Move Forward party braces for court case that might dissolve it
The former leader of Thailand’s progressive opposition Move Forward party vowed on Sunday to keep fighting as the party faces a court case that could result in its dissolution.
Foreigners can now own land in Thailand: Land Dept
There are, however, exceptions to this rule. The Board of Investment, for instance, permits land ownership for foreign investors in certain business categories. Also, according to Thailand’s …