Real estate

New regulation allowing foreigners to buy land withdrawn: Anupong

  INTERIOR Minister Anupong Paochinda this morning (Nov. 8) said before attending a Cabinet meeting that a draft ministerial regulation allowing four categories of foreigners to buy maximum one rai of land for residential purposes is being withdrawn to study this sensitive issue again, Matichon newspaper said. When asked whether the draft will be resubmitted

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Local news

‘KhonthaiUK” trio get 1 year jail for defaming Prayut, Prawit

  THREE defendants who shared information found to have defamed Prime Minister Prayut Chan-o-cha and Deputy Prime Minister Prawit Wongsuwan about the planned purchase of a satellite worth 91.2 billion baht with this material posted on KhonthaiUK Facebook page were sentenced to one year imprisonment, TV Channel 7 said this afternoon (Oct. 12). Found guilty

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Business

Government moves to allow ‘high potential’ foreigners buy land

THE CABINET last Tuesday (Sept. 14) approved measures to attract “high potential” foreigners to the country by offering them various benefits among which is the right to buy land, Thai Rath newspaper said today (Sept. 18). Ms. Ratchada Thanadirek, deputy spokesperson for the Prime Minister’s Office, said these measures are aimed boosting the Thai economy

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