Business

Bang Tao Beach. Image by Pierrick Lemaret via iStock Cherng Talay, now a palm-fringed melting pot for locals, expats, and tourists, was once a well-kept secret, an escape from Patong’s neverending crowds. However, as more and more people settle here, it has quickly become one of the most sought-after areas in Phuket. The beaches remain relatively quiet compared to the busy shores of Patong or...

Demand for nursing homes and residences for the elderly has surged as Thailand has entered an aged society, according to results of a survey by the Real Estate Information Centre (REIC) released on Sunday. In Thailand, the number of people aged above 60 years accounts for 20% of the population. The aged population is expected to increase by 4.89% annually. According to the survey, Thailand has 916...

Property consultant confident the expected tariffs on China will push foreign businesses to move their bases to Thailand Thailand’s property sector will benefit from the China + One policy of US president-elect Donald Trump, which experts say will drive foreign firms to shift their manufacturing bases to ASEAN and Thailand to evade tariff walls and boost land sales in the industrial sector next year,...

Mr Paopoom outlines the Finance Ministry's policy to enhance the efficiency of state land management to address housing and land use issues for the public. The Treasury Department is accelerating efforts to provide affordable state land leases for residential and agricultural purposes under the "Thanarak Eua Rat" (Treasury for the People) project, with a goal of issuing more than 3,900 lease agreements...

The iconic palm trees on Laem Phromthep in Phuket. The island's real estate market has been percolating in recent years, but local operators say significant investment in infrastructure is neededThe Phuket property market is expected to prolong its growth after posting another record high this year.However, concerns remain over the island's infrastructure, which needs to be improved to support...