Red Shirts Test Thai Limits

PATTAYA, Thailand—Four months after their marathon Bangkok street protests ended in a bloody crackdown, Thailand’s antigovernment Red Shirt protesters are testing the limits of what political and military leaders will allow, with a large fund-raising concert in this bawdy seaside resort and another rally planned for the capital. The movement’s leaders have set themselves a […]

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Thai Government to Help Motorcycle Taxis

The Thai government says it is considering addressing the issue of motorcycle taxis, claiming the drivers have been marginalized by the government for ages. Prime Minister’s Office Minister Satit Wongnongtaey stated that the government is considering a big project that would affect around 300,000 motorcycle taxi drivers across the nation in a bid to take […]

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Thailand’s MBK offering condo financing for foreigners

Thai institutional group MBK PLC is now offering financing to foreigners on freehold condominiums through its subsidiary MBK Guarantee Ltd. This appears to be an extremely notable development in Thailand, where previously financing was nearly impossible to obtain for foreigners. Loans from THB2 million to THB20 million (US$63,431-634,313) are being offered with monthly payments from […]

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