by Teuvo Tuomi | Jun 24, 2024 | Bangkok, Infrastructure, Investment, News, Thailand, Tourism
Thailand’s Cabinet has asked the Interior Ministry to amend the Condominium Act by increasing the foreign ownership limit from 49% to 75% and to amend the Land Act by allowing foreigners to lease land for 99 years, up from the current 50. However, although...
by Teuvo Tuomi | Jun 1, 2024 | ASEAN, Economy, News, Southeast Asia, Thailand, Trade
The Thai cabinet has approved the country’s bid to join the BRICS group. This would make it the first Southeast Asian country to join the bloc. Currently, the BRICS has ten members, including Brazil, Russia, India, China, and South Africa. BRICS expansion is...
by Teuvo Tuomi | Mar 8, 2024 | Culture, Lifestyle, Thailand, Visions
Thailand aims to draw over 1 billion baht (US$28 million) in investment from foreign filmmakers this year with multiple incentives for shooting their movies in Thailand. Jaturon Phakdeewanich, director-general of the Department of Tourism, says that the Thailand Film...
by Teuvo Tuomi | Nov 18, 2023 | Business, Health, Lifestyle, Thailand
Thailand’s new Cannabis-Hemp Act‘s first draft has been completed by the Public Health Ministry. It will not reclassify cannabis as a narcotic. According to Public Health Minister Chonlanan Srikaew, the new legislation is a refined version of the initial draft....
