Author: Phonglert Kerdtem

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Considerations for Divorce in Thailand

If you are unfortunate enough to be facing divorce in Thailand then you may find the procedures and regulations far different to that of say EU Nations or the USA. In general, if you or your spouse are currently living in the Kingdom you can file for a divorce provided there are sufficient grounds. If the marriage was registered in Thailand and both parties agree then the process is mainly administrative. An uncontested divorce can be obtained at the local District Office (khet/amphur). The application must be made in writing and witnessed by two people and registered with the relevant

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Thailand Leads Hotel Residence Boom in SEA

According to new research by C9 Hotelworks, the Thai based consulting group. There are currently over 28,000 hotel-branded residential units for sale across the region representing 120 projects. This led to Thailand becoming Southeast Asia’s number one in the field and exemplified the close association between global hospitality brands and property developers in Thailand. There is an estimated US $ 3.5 billion inventory for sale. The rapid growth of traditional resort hotels cashing in on the real estate market has driven mass investment. The large hotel chains are using their weighty brand names to associate quality and service that is

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Loan Assistance for Home Buyers in Thailand

Buying homes in Thailand has complications just like any other country in the world. Finding initial deposits and fulfilling the necessary legal and payment requirements is just as much a pain in Thailand as anywhere else, especially with the current world economic climate. In October 2015 short-term intermediate measures were announced by Finance Minister Apisak Tantivorawong to help house buyers secure the all important and difficult loans. Hopefully this in turn will stimulate the real estate market which will drive further construction. Mr Tantivorawong declined to comment on the implementation of the land and buildings tax and when it might

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ASEAN Loan Wars

ASEAN was established in 1967 in Bangkok and is the Association of Southeast Asian Nations. Member countries include Indonesia, Malaysia, Philippines, Singapore and Thailand, Brunei, Cambodia, Laos and Vietnam. Its aims include accelerating economic growth, social progress and the development of its members to bring regional stability and protection.   Since the formation of ASEAN, many external countries have been keen to grab the opportunity to take advantage of the association for their own political and commercial purposes and especially to cement their interests in the region. The main four countries vying for control are China, Japan, South Korea and

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U-Tapao soon to become a Commercial Airport

U-Tapao airport is to become a commercial airport in mid-2016.  Under the cooperation between the Ministry of Transport and the Navy, the airport is expected to have an annual turnover of 3 million passengers by 2017. The Minister of Transportation has signed a memorandum of cooperation with the Navy Commander to jointly develop the area, make commercial plans, improve the infrastructure, and prepare the budgets to enable the transition. The commercial airport will be managed by the Navy under the concept of “one airport, two missions”–the first mission being security; the second, provision of commercial services to relieve congestion at

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The original “Magna Carta” 1215

The Original Magna Carta 1215 Magna Carta Law Firm in Pattaya, Thailand, is celebrating their 11th year of business operations this year. It is also the 800th anniversary of their namesake, the Magna Carta (meaning “Great Charter”), which was a seminal legal document signed by King John of England and his rebellious nobles on the 15th June 1215 and which set out the rights of the individual to restrict the absolute power of the monarchy. In short, it was the cornerstone of the English ‘Constitution’, thus, the establishment of the principle that every individual, including the King, was subject to

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Amendments to the Foreign Business Act to be proposed to the Cabinet

The Commerce Ministry’s Department of Business Development (DBD) will propose that the Cabinet modernize the Foreign Business Act (FBA) and get Thailand ready for the seamless ASEAN market. The amendment will focus on concession in order to provide fair competition for Thai and Foreign Business Investors. Furthermore, this will facilitate business growth, and eliminate the nominee issues. Under the amended law, there will be streamlining of business regulations and foreigners will find the Thai environment more conductive to investment. In addition, Thailand will be capable of competing under the coming regional integration, which will allow investors from the ASEAN countries

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New, Stricter Rules Established for Thailand’s Transportation

A common criticism of Thailand’s transportation such as that directed against hired car or taxis is that the drivers overcharge their customers by taking indirect longer routes. Pattaya City is among the areas affected.  As many tourists have experienced unsatisfactory customer services, a new regulation to control misbehaving drivers has been established.  In addition, drivers repeating the misconduct will be suspended for 3-7 days; and if they still fail to change their ways, their services will be permanently banned. For more information please call Chonburi Transportation Authority Office Hotline number 1556.

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DSI Crackdown on Thai Nominee Shareholding

Crackdown on Thai Nominee Shareholding The Department of Special Investigations (DSI) had a meeting about a crackdown on foreign businesses who practice Thai nominee shareholding. This crackdown is to effectively control Thai companies. Their objectives are for the Aliens coming to the Kingdom of Thailand, to operate their businesses according to the rules and regulations. For more information please visit : https://www.dsi.go.th/

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New Regulations for Visa Extension

New Regulations For Visa Extension Effective 29th August 2014, the new regulations for Visa Extension or temporary stay in the Kingdom of Thailand are:  Foreign Nationals entitled for visa exemption entering with Tourist status will be allowed only one extension per visit and will not exceed 30 days from the additional stamp expiry date.  Foreign Nationals who overstay more than 90 days will be forbidden from entering the Kingdom of Thailand from 1-5 years. For more details please visit : https://bangkok.immigration.go.th  or call 1111  

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