Real estate

Govt looking at letting foreigners buy up to 75% of condo unit space

  THE INTERIOR Ministry is studying the easing of real estate laws to allow foreigners to buy up to 75% of total unit space in condominium buildings, up from 49% at present, in an effort to stimulate the economy, Naewna newspaper said this afternoon (June 21). Officials are also looking at extending property lease period

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Business

Industry body calls for urgent help as hundreds of factories shut down

  THE Federation of Thai Industries (FTI) urged the government to urgently implement both short- and long-term measures to help manufacturers after 567 factories were shut down in the first five months of this year, Thai Rath newspaper said today (June 21). Mr. Kriengkrai Thiennukul, FTI’s chairman, said short-term action include reducing the impact of

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World news

Donald Sutherland, star of ‘M*A*S*H’ and ‘The Hunger Games’, dead at 88

  By Reuters and published by Yahoo!News DONALD Sutherland, one of Canada’s most versatile and gifted actors, who charmed and enthralled audiences in movies such as “M*A*S*H,” “Klute,” “Ordinary People” and “The Hunger Games,” has died at the age of 88. The actor, whose lengthy career spanned from the 1960s into the 2020s, died on

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Local news

Drug gangs selling meths at only 5 baht a pill in 3 Northeastern border provinces

  DRUG barons have slashed the price of methamphetamine pills to only 5 baht each after weakening the composition with this low-priced variety now available at three Northeastern border provinces, Naewna newspaper said this afternoon (June 20). Col. Sivadol Yarklai, commander of Third Infantry Division and head of the drug suppression unit in the Northeastern

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Analysis

Thailand continues converting battlefields into trading fields, this time in the South

  Pattani Province, South Thailand – In the 1980s, after the end of the Indochina wars of the 1970s, Thailand forged a policy of “converting battlefields into trading fields”, making the kingdom a hub of travel, trade and transportation for the Greater Mekong Subregion countries of Laos, Cambodia and Vietnam. As its far-sighted success is

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Local news

Chinese-made goods to flood Thai markets under digital wallet scheme: Move Forward

  By Thai Newsroom Reporters VARIETIES OF CHEAP, Chinese-made merchandise will likely flood Thailand’s domestic markets under the vote-wooing, Pheu Thai-initiated digital wallet project, Move Forward leader Chaithawat Tulathon concluded today (June 19). During the first day of a marathon floor debate in the House of Representatives, the Move Forward leader-cum-Opposition leader took the Pheu

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Local news

PM underscores digital wallet project will spur economic growth

  By Thai Newsroom Reporters PRIME MINISTER SRETTHA Thavisin today (June 19) reconfirmed the much-heralded, yet-delayed digital wallet project will definitely become a major economic stimulus to increase domestic consumption, manufacturing of goods, creation of jobs and hefty revenue to the state coffers. Addressing the House of Representatives on the 2025 budget legislation during the

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Local news

Palang Pracharath shrugs off rumours of being kicked out of govt

  By Thai Newsroom Reporters THE PALANG PRACHARATH today (June 18) downplayed hearsay that the third largest coalition partner would probably be booted out of the Pheu Thai-led government at the alleged, capricious whims of de facto Pheu Thai boss Thaksin Shinawatra. Deputy Prime Minister-cum-Natural Resources & Environment Minister Patcharawat Wongsuwan categorically denied he had

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Local news

Impeachment case against PM put off

  By Thai Newsroom Reporters THE CONSTITUTIONAL COURT today (June 18) postponed a hearing of an impeachment lawsuit against Prime Minister Srettha Thavisin until July 10. In the meantime, the defendant Pheu Thai-attached prime minister and the plaintiff collectively being 40 senators who had launched the surprise impeachment bid were given a 15-day time from

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