Business

Kanye West Is Now Officially a Billionaire

When last we checked in with Kanye West, the mercurial hip-hop superstar-turned-footwear magnate, I was tiptoeing through a parking lot crop circle composed of hundreds of pairs of his Yeezy sneakers. “I’m not a numbers guy,” he explained ten months ago. “To ask me to somehow translate this to numbers

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Bank of Thailand cuts policy rate, to 1.5%

The Bank of Thailand’s Monetary Policy Committee has made a surprise decision today to cut the policy interest rate amid pressure to avert an economic slowdown and hedge the heightened trade war between the US and China. The MPC cut the interest rate by only 25 basis points to 1.5

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The Top 10 Reasons to Hire a Real Estate Agent

With so much information readily available online, clients sometimes ask, “Why should we hire a real estate agent?” They wonder (and rightfully so) if they couldn’t buy or sell a home through the Internet or regular marketing and advertising channels without representation, without a real estate agent. Some do fine

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Who Pays the Commission to the Real Estate Agent ?

Many real estate buyers and sellers don’t understand exactly who pays the real estate agent involved in the transaction. To understand who pays real estate commissions—whether it’s sellers or buyers or both—first take a look at how real estate agents are paid and how they share cooperating commissions. Don’t worry if you

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Do You Need to Work With a Real Estate Agent?

Some people, for their own reasons, don’t trust real estate agents and don’t really understand what an agent brings to the table that they can’t do for themselves. It’s an understandable reaction, as it’s a polarizing subject. Agents are either despised or loved. They earn an A or an F on their

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Brexit: leading banks set to pull out of UK early 2017

Britain’s biggest banks are preparing to relocate out of the UK in the first few months of 2017 amid growing fears over the impending Brexit negotiations, while smaller banks are making plans to get out before Christmas. The dramatic claim is made in the Observer by the chief executive of

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Could Thailand be a Surprise Economic Force?

Thailand has come a long way in recent years, perhaps a lot further than what many people might imagine. The economy has seen steady growth over the last 25 years with this expected to continue at between 2.9% and 3.3% between 2016 and 2018 according to The World Bank. This

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Revenue strategies for boutique hotels

It’s no surprise that millennials now make up the largest share of traveler demographics and are the biggest factor in why independent hoteliers will work to perform better than in previous years. Having a full grasp where and who your business comes from is the first step in building proper

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Thailand Economic Outlook

Thailand saw moderate activity last year, with subdued private investment and manufacturing virtually stagnating for the second consecutive year. Moreover, the death of King Bhumibol Adulyadej in October cast a cloud on consumer sentiment, especially due to an official year-long mourning period. However, there is a silver lining as recent

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Thailand’s rubberwood industry: a new rising star

Author: Pharadon Heemmuden Highlight The market outlook for rubberwood exports is bright thanks to an increasing supply, as well as demand, especially from China, where the furniture industry is growing. Thai rubberwood is competitive in the global market due to its price and quality. EIC sees increased potential for the

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Chinese demand “fills gaps” in seasonal Samui

A rising number of direct flights from mainland China is helping the Thai island of Koh Samui fill the gaps in its traditionally seasonal tourism sector, a new report has found. According to the latest Samui Hotel Market Update from C9 Hotelworks, both direct flights to the island and new

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Tax structuring for BOI promoted companies

BOI-efficient tax structuring The Thailand Board of Investment is the governmental agency to promote foreign direct investments in Thailand. Key benefits of a BOI promotion are (i) the Foreign Business License to do business in Thailand with up to 100% foreign shareholders, (ii) the right to acquire legal ownership in

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Thailand’s outbound investments

Thailand goes outbound. Thai investments abroad, also known as “Outward Foreign Direct Investments (OFDI),” have come in the focus while the domestic industry lags behind the stated targets. However, Thai-foreign business project registration clearance papers and requirements should be carefully observed. Not only Thailand’s well-known public companies act as a

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Industries And Manufacturing In Thailand

INDUSTRIES AND MANUFACTURING IN THAILAND Manufacturing and industry have played a significant role in Thailand’s economic growth. Since most manufactured products are export items they bring tremendous amount of income to the country each year. Major Industries include: tourism, textiles and garments, agricultural processing, beverages, tobacco, cement, light manufacturing such

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A prediction: the world’s most powerful economies in 2030

PricewaterhouseCoopers, one of the world’s largest professional-services firms, just released its predictions for the most powerful economies in the world by 2030. The report, titled “The long view: how will the global economic order change by 2050?” ranked 32 countries by their projected global gross domestic product by purchasing power

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What to expect from Thailand’s employment market in 2018

With the Thailand 4.0 blueprint becoming a key driver of evolution towards a value economy, Thailand is set to become a centre of innovation and technology in South East Asia. Alibaba has recently announced their strategic partnership with the Thai government in support of Thailand 4.0, which will bolster developments

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