Court revokes EIA report on luxury Bangkok project

The Central Administrative Court has ruled against an environmental impact assessment (EIA) report of a high-end condominium development in the Bangkok Lumpini area, because it did not comply with the building control law and related regulations. The lawsuit was comprised of a group of 23 people and four agencies including the committee on building, land…

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FRANK Legal & Tax on MeetUp

FRANK Legal & Tax is pleased to announce that we have started a “MeetUp” group. The Group aims to to create a forum for entrepreneurs and business start-ups where information can be obtained and ideas can be exchanged. To see our profile and join, visit: https://www.meetup.com/Establishing-a-Company-in-Thailand/ Our MeetUp events are planned to take place on a regular…

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Bangkok Hotel Occupancy Rates 2013

The number of international tourist arrivals to Thailand in 2013 was a record 26,556,397 increasing by 19.8% Y-o-Y (year on year). The number of international passengers disembarking at all AOT-managed airports increased by 14.7% Y-o-Y to 23,336,162 in Bangkok and by 25.8% Y-o-Y in  Phuket. The largest feeder market was Chinese with a 17.5% share of…

Diversity of Bangkok Condominium Market

According to CBRE Thailand, the Bangkok condominium market is growing in complexity as more products with different market dynamics, sizes and quality emerge. New supply has continued to increase with approximately 7,600 units completed in the downtown and midtown markets this quarter.  Total midtown and downtown supply is now purportedly approximately 350,000 units where the…

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