thegreglowe.com

By GREG LOWE IN BANGKOK THAILAND’S industrial estate market remains upbeat thanks to government tax exemptions for developers, which will drive supply, demand and occupancy, in the face of the credit crunch, domestic politics and inflationary pressures, according to realtors Colliers International Thailand. But local industry experts disputed the findings of its report, forecasting flat […]

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GREG LOWE in Bangkok Thai politics will have a heavier impact on the country’s economy than the global financial crisis, according to a report from Moodys Economy.com yesterday. The standoff between the ruling People Power Party (PPP) and the anti-government People’s Alliance for Democracy sent business and consumer confidence into a tailspin, according to the […]

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By GREG LOWE IN BANGKOK POLITICAL violence and global economic turmoil caused the Stock Exchange of Thailand to nosedive to a five-year low yesterday. Domestic consumption and tourism will be hard hit by the double economic impact, experts said. SET closed at 492.34 points yesterday, down 6.88 per cent in trade worth 17.46 billion baht […]

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By GREG LOWE IN BANGKOK SCORES of people were injured when violence erupted on the streets of Bangkok yesterday after police deployed teargas to disperse anti-government protesters. Hopes of a peaceful resolution to the country’s political impasse lay in tatters, observers said. Around 100 people were reported injured, more than 20 seriously, after police used […]

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