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Thailand: Lifull Acquiring FazWaz and Dot Property Partnership

In the ever-evolving landscape of Southeast Asian real estate, strategic collaborations and technological advancements are reshaping the industry. The latest move comes from Japanese portal provider Lifull Co, which recently made headlines by acquiring FazWaz Group and forging a partnership with Dot Property Co, both deeply rooted in Thailand’s vibrant economy. Founded in 2015 by Brennan Campbell, Michael Kenner, and Paul Trayman, FazWaz swiftly established itself as a prominent player in Thailand’s real estate market. Their innovative approach, blending a real estate platform with cutting-edge property technology solutions, captured the attention of industry insiders and clients alike. FazWaz’s offerings, such

February 28, 2023 No Comments

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As China reopens its border, Thailand implements new entrance rules.

As Thailand readies itself for an anticipated surge in visitors following the reopening of China’s borders, the country’s aviation authority has swiftly implemented stringent measures to ensure the safety of its populace. With the resumption of international travel, Thailand is taking proactive steps to mitigate the risk of COVID-19 transmission and protect public health. In light of the evolving global pandemic situation, the Civil Aviation Authority of Thailand (CAAT) has announced robust protocols for inbound travelers. These measures aim to safeguard both tourists and local residents against the potential spread of the virus, particularly in densely populated areas and tourist

January 17, 2023 No Comments

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Thailand’s real estate industry didn’t revive in 2022.

The economic slowdown and increasing inflation and interest rates prevented a complete recovery in Thailand’s real estate market in 2022. It hasn’t helped that there’s been fighting in Ukraine. The rebound was not as strong as it might have been, but things look suitable for 2023. The current reading of 47.9 on Thailand’s Consumer Confidence Index indicates a return to spending optimism for Thai consumers for the first time in 20 years. The easing of lending requirements by the Bank of Thailand, which is about to expire, has prompted clients with a genuine interest in real estate to make purchases.

January 6, 2023 No Comments

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IMF anticipates Thailand’s recession.

The IMF’s leader has predicted that the global economic downturn would hit Thailand and the rest of Southeast Asia hard this year. Kristalina Georgieva predicts that one-third of the world’s economies will be in recession this year. This would include Thailand and Vietnam. With the United States, European Union, and China all experiencing economic slowdowns in 2023, the 69-year-old Bulgarian economist predicts that next year will be “tougher” than the previous one. Russia and Ukraine’s crisis, increasing costs, rising interest rates, and the spread of Covid-19 in China all weigh on the global economy, leading to this forecast. According to

January 3, 2023 No Comments