Real estate

SC Asset confirms houses are only sold to Thai people

  AFTER police raided a luxury housing estate in Soi Lasalle where Chinese grey capitalists have bought almost all the houses through nominees SC Asset Corporation Plc today (Dec. 4) issued a clarification that the houses it built were sold to only Thai people or Thai juristic persons, Sanook.com and Matichon newspaper said. The company

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Local news

Possibilities of Prayut running under Palang Pracharath banners dwindling

  By Thai Newsroom Reporters POSSIBILITIES OF PRIME Minister Prayut Chan-o-cha jumping onto the Palang Pracharath bandwagon under which he may contest the next general election are exponentially dwindling, said partisan sources today (Dec.1). The longer Prayut is apparently dragging his feet, remaining non-committal over his own political future, the less likely he will be

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Business

Central bank raises key rate, trims growth outlook on global slowdown

By Reuters and published by CNA THAILAND’S central bank raised its key interest rate by 25 basis points for a third straight meeting on Wednesday, as it tries to contain above-target inflation while supporting an economic recovery facing increasing global headwinds. The Bank of Thailand’s (BOT) monetary policy committee voted unanimously to raise the one-day

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Local news

Most Esaan constituents prefer Thaksin’s daughter for PM: Poll

  By Thai Newsroom Reporters MOST NORTHEASTERN CONSTITUENTS, commonly known as Esaan villagers, would prefer Paetongtarn Shinawatra, daughter of de facto Pheu Thai Party boss Thaksin Shinawatra, for prime minister after the next general election, says an opinion poll. According to Khon Kaen University’s Esaan Centre for Business & Economic Research poll recently conducted with

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Local news

Police zeroing in on nominees holding assets for Chinese grey capitalists

POLICE have searched 11 targeted places linked to the network of Chinese grey capitalist Mr. Chaiyanat Kornchaiyanant, alias Tu Hao, who was earlier arrested on drug charges, and are now investigating the nominees holding these assets for them, Thai Rath newspaper said this afternoon (Nov. 30). Deputy National Police Chief Pol. Gen. Torsak Sukwimol said

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