Robust Baht Continues Surge
Category: Real estate, Posted:23 Feb 2013 | 06:00 am
Thailand's currency the baht looks set to appreciate throughout 2013.
As the baht has continued to flirt with the THB29 to US$1 level this year, strong capital inflows are continuing.
Authorities are concerned about speculation and inflation, though no clear measures are being taken to stop the surge.
In Phuket's real estate scene some developers such as Laguna Phuket have priced in US$ to assuage buyers fears over currency risk during the transaction period.
While in the secondary market some owners have brought down their pricing considering their initial purchasers was at a considerably higher exchange rate.
Phuket Hotels Association Online Travel Auction Now OpenCategory: Hotels, Posted:14 May 2023 | 09:56 am The annual non-profit Phuket Hotels Association Absolutely Fabulous Online Travel Sale is now up and running. CLICK With nearly 200 hotel travel and dining deals across Thailand, Asia the globe, all proceeds go to the education scholarship fund of PHA. Over 45 Thai hospitality students are now supported by the fund and these are the […]