ThaiVest Editorial Team

Tax reforms in the automobile sector are unlikely to have a negative impact but would set a new direction for the industry for the next 10 years, according to Excise Department director- general Pongpanu Svetarundra.

Stocks of built but unsold residential properties are piling up in Bangkok causing developers to change tactics to speed up sales

Minor International foresees a bright future for the overseas expansion of its hotel and food business, with new contracts that will significantly raise the number of hotel rooms and food outlets under its management.

The Bank of Thailand is now less concerned about a bubble in the condominium market due to a reduction in oversupply and a slowdown in demand. The impact of its decision to raise the loan-to-value (LTV) ratio, which took effect from the beginning of 2011, is being monitored.

Accor Asia Pacific plans to add 16 new properties to its Thailand portfolio by next year on expectations of continued growth in the country's tourism industry.

The investment firm AIRA Capital will make a tender offer to purchase Dhanamitr Factoring Plc in order to diversify and expand its revenue base before listing on the Stock Exchange of Thailand (SET) early next year.