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rooster59

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  1. Relaxing of LTV for homebuyers to help property market By Somluck Srimalee The Nation Bangkok’s bird eye view/Photo by The Nation Property firms believe that the Bank of Thailand’s relaxing of its loan-to-value or LTV rule will improve the property market for the rest of this year. Full story: https://forum.thaivisa.com/topic/1118337-relaxing-of-ltv-for-homebuyers-to-help-property-market/
  2. Relaxing of LTV for homebuyers to help property market By Somluck Srimalee The Nation Bangkok’s bird eye view/Photo by The Nation Property firms believe that the Bank of Thailand’s relaxing of its loan-to-value or LTV rule will improve the property market for the rest of this year. The BOT on Thursday announced it would relax the LTV for homebuyers purchasing residences together and that borrowers or co-borrowers applying for a loan under the first home buyers rule and who do not own any other residence would be given a 90 per cent mortgage on a condominium and 95 per cent for a single detached house and townhouse. The co-borrower is defined as a borrower supporting the family in its bid to obtain a mortgage to buy a residence but who will not become the owner of that residence. “We believe that the relaxation of the LTV in relation to co-borrowers will see the property market improve by up to two per cent for the rest of this year. This market represents about 20 per cent of the total property market value, which is expected to be worth about Bt760 billion this year,” Issara Boonyoung, chief executive officer of Kanda Group, who also honor chairman of Business Housing Association, said in an interview with The Nation on Friday. He added that the relaxing of the rule will open the opportunity for co-borrowers to make a down payment of about 10 per cent for condominium and five per cent for single detached house and townhouse under the LTV first home concept. The transfer of residences on hold this year has continued to drop and currently stands at seven per cent, which is better than the early estimates of 10 per cent. The LTV, which became effective on April 1, 2019, resulted in a drop in the property market in the second quarter of this year, as most homebuyers sped up the transfers of their residential projects and completed them in the first quarter. This had a direct impact on the financial results of property firms, with most announcing a double-digit drop in the second quarter. For example, Supalai Plc announced total revenue of Bt4.47 billion for the second quarter, a 30-per-cent drop from the Bt6.44 billion achieved in the same period of last year. Sansiri Plc announced Bt4.28 billion, down 23 per cent drop from its Bt5.54 billion total for the same period in 2018. AP (Thailand)’s reported total Q2 revenue of Bt4.8 billion, down 25.9 per cent, and a net profit of Bt488 million, down 59.32 per cent. LPN Development’s Q2 revenue, meanwhile was Bt1.67 billion, a drop of 26.75 per cent, and its profit Bt176.73 million, a 29.31 per cent decline. SC Asset Corporation’s revenue was Bt3.49 billion, down 10.51 per cent, and profit Bt282 million, a 37.33 per cent drop. Source: https://www.nationthailand.com/property/30374862 -- © Copyright The Nation Thailand 2019-08-18 Follow Thaivisa on LINE for breaking Thailand news and visa info
  3. Goalkeeper Wanted at Black Mountain Hua Hin Football Academy The Black Mountain Hua Hin Football Academy is in need of a 9/10 year old goalkeeper. With tournaments and competitions coming up next month the Under 10 team is desperately trying to find someone capable of playing between the sticks. Full story: https://forum.thaivisa.com/topic/1118335-goalkeeper-wanted-at-black-mountain-hua-hin-football-academy/
  4. Goalkeeper Wanted at Black Mountain Hua Hin Football Academy The Black Mountain Hua Hin Football Academy is in need of a 9/10 year old goalkeeper. With tournaments and competitions coming up next month the Under 10 team is desperately trying to find someone capable of playing between the sticks. Any keepers born in 2009 or 2010 who think they have what it takes are invited to try out on any Saturday/Sunday at 4pm or Tuesday/Thursday at 5pm. If the academy can find a suitable keeper they will provide free training, free transport to training, free kits and free gloves and boots if appropriate. The Black Mountain Hua Hin Football Academy is based at the Hua Hin International School in the award winning Black Mountain resort and golf course. It is open to boys and girls aged 3-16 and training takes place four times per week. For more information visit: www.huahinacademy.com -- © Copyright Thai Visa News 2019-08-18 Follow Thaivisa on LINE for breaking Thailand news and visa info
  5. Details of mandatory health insurance for Non-Imm O-A visas to be announced next week An official announcement regarding the details of the proposed mandatory health insurance requirement for Non-Immigrant O-A visas is due to be made next week. Full story: https://forum.thaivisa.com/topic/1118333-details-of-mandatory-health-insurance-for-non-imm-o-a-visas-to-be-announced-next-week/
  6. Details of mandatory health insurance for Non-Imm O-A visas to be announced next week An official announcement regarding the details of the proposed mandatory health insurance requirement for Non-Immigrant O-A visas is due to be made next week. On Friday, a senior executive from one of the insurance companies involved in the scheme told Thaivisa that the Office of Insurance Commission, the Ministry of Public Health, the Foreign Ministry and Immigration Bureau will announce the insurance requirements for Non-Immigrant O-A visas on 22 August. In May, it was proposed that foreigners applying for Non-Immigrant O-A visas would be required to have health insurance that offers Bt40,000 outpatient coverage and Bt400,000 baht inpatient coverage and it is these details, along with others, which are expected to be confirmed in next week’s announcement. The mandatory health insurance requirement was proposed to help Thailand tackle the large number of unpaid medical bills from foreigners who receive treatment in Thai state hospitals. Figures from the Department of Health Service Support reported by The Nation in May revealed that from 2016 to 2019 there was a combined total of more than one billion baht in unpaid medical bills from foreigners. As of today, the mandatory health insurance requirement has only been proposed for Non-Immigrant O-A visas and not for other visa types or extensions of stay. -- © Copyright Thai Visa News 2019-08-18 Follow Thaivisa on LINE for breaking Thailand news and visa info
  7. Malaysians driving in Thailand urged to ensure their licence and insurance are valid By Sharifah Mahsinah Abdullah This Aug 10 file pic shows the traffic situation near Rantau Panjang Immigration, Customs, Quarantine and Security (ICQS) ahead of the Aidiladha celebration. - NSTP/Zaman Huri Isa KOTA BARU: Police advised Malaysian motorists driving in Thailand to have valid driving licence as well as ensure the vehicles are covered by insurance. Full story: https://forum.thaivisa.com/topic/1118331-malaysians-driving-in-thailand-urged-to-ensure-their-licence-and-insurance-are-valid/
  8. Malaysians driving in Thailand urged to ensure their licence and insurance are valid By Sharifah Mahsinah Abdullah This Aug 10 file pic shows the traffic situation near Rantau Panjang Immigration, Customs, Quarantine and Security (ICQS) ahead of the Aidiladha celebration. - NSTP/Zaman Huri Isa KOTA BARU: Police advised Malaysian motorists driving in Thailand to have valid driving licence as well as ensure the vehicles are covered by insurance. This is to prevent any untoward incident if they were involved in an accident in that country. Kelantan police deputy chief Senior Assistant Commissioner Abdullah Mohammad Piah said it was quite normal for local Kelantanese to travel to Thailand using their own vehicles but they must make sure their documents are in order. "This is to ensure they will not face any problem especially when they are involved in road accidents, such as the one which happened to a Malaysian driver who had rammed into a group of grass cutters in Songkhla, killing them instantly," he said. Full story: https://www.nst.com.my/news/nation/2019/08/513537/malaysians-driving-thailand-urged-ensure-their-licence-and-insurance-are New Straits Times: 2019-08-18
  9. Bikie boss denied entry to Thailand after bail change By 9News Staff Mick Murray was forced to return to Australia after being refused entry to Thailand when he arrived there. (9News) The leader of an Australian outlaw motorcycle gang has been refused entry into Thailand, despite his bail conditions allowing him to leave the country. Full story: https://forum.thaivisa.com/topic/1118330-bikie-boss-denied-entry-to-thailand-after-bail-change/
  10. Bikie boss denied entry to Thailand after bail change By 9News Staff Mick Murray was forced to return to Australia after being refused entry to Thailand when he arrived there. (9News) The leader of an Australian outlaw motorcycle gang has been refused entry into Thailand, despite his bail conditions allowing him to leave the country. Mick Murray, head of the Comancheros bikie gang, flew out of Melbourne on Thursday night after a magistrate granted him permission to do so. But when the 41-year-old arrived in Thailand hours later, border authorities denied him entry based on his lengthy criminal record. Murray was arrested last December and charged with various fraud offences. With his matter still before the courts, there were concerns he may not return to Australia after having his bail conditions varied. Full story: https://www.9news.com.au/national/comancheros-boss-mick-murray-refused-entry-into-thailand-after-bail-change/3ea96de3-dcf7-4ded-8b63-ed54325a6a23 9 News: 2019-08-18
  11. Exclusive: Muslim insurgent group says it met with Thai government By Panu Wongcha-um (Reuters) - The main group fighting an insurgency in Thailand's largely Muslim south said it had held its first meeting with officials from the new Thai government and had set out demands as a condition for any formal peace talks. Full story: https://forum.thaivisa.com/topic/1118322-exclusive-muslim-insurgent-group-says-it-met-with-thai-government/
  12. Exclusive: Muslim insurgent group says it met with Thai government By Panu Wongcha-um (Reuters) - The main group fighting an insurgency in Thailand's largely Muslim south said it had held its first meeting with officials from the new Thai government and had set out demands as a condition for any formal peace talks. The insurgency in the Malay-speaking region of the predominantly Buddhist country has killed some 7,000 people over the past 15 years and has flared on and off for decades. Officials of the Barisan Revolusi Nasional (BRN) said they met a Thai delegation at a location in Southeast Asia on Friday and demanded the release of all people detained over suspected links to the insurgency and a transparent investigation into abuses by security forces. That could be a step towards formal talks, the officials said, while emphasising that it was very early in the process. "If the official peace talks are a feast then these secret meetings are like bringing the cow into the kitchen, but the cow is not even slaughtered yet," Pak Fakir, 70, a senior BRN member told Reuters in a rare interview. "The Thai state is like an oiled, slippery eel," he said. General Udomchai Thamsarorat, the head of peace dialogue with southern insurgent groups for the Thai government, declined to comment on whether a meeting had taken place. The BRN has not been in formal talks with the government although contacts did take place at least twice with the former military junta of Prayuth Chan-ocha, who has remained as prime minister after an election earlier this year that his opponents said was flawed. ONGOING WAR The past contacts with the BRN never led to talks and it has continued a guerrilla war to demand independence for Yala, Pattani and Narathiwat provinces, which were part of an independent Malay sultanate before the kingdom of Siam annexed them in 1909. A number of less militarily active southern factions have been in talks with the government. "The root cause of our problem is colonization, and this has never been touched upon in past talks," Fakir said. Although the BRN usually neither confirms nor denies responsibility for specific attacks, Fakir said that the group was not behind a series of small bombings that shook Bangkok on Aug. 2. The bombs wounded four people and embarrassed the government during a regional security summit. Two suspects from the south have been arrested in connection with the attacks. "We will not attack beyond the three southernmost provinces because we do not want to be perceived as terrorists," Fakir said. "We have our territory. Why should we venture out of it? ... Someone else must be behind it." Despite the arrest of the southerners, the government has also suggested that it could be its political opponents that were behind the attacks - although political parties have condemned it and no group has claimed responsibility. Tension has been rising in the south over allegations that a southern man, 32-year-old Abdullah Isamusa, was beaten so badly during military interrogation last month that he fell into a coma. The army has said there is no proof of torture. Mara Patani, an umbrella group representing some factions that unlike the BRN have been in formal talks with the Thai military, has called for international intervention after the Abdullah case - a request rejected by Thailand's army. (Editing by Matthew Tostevin) -- © Copyright Reuters 2019-08-18 Follow Thaivisa on LINE for breaking Thailand news and visa info
  13. RTAF opens space operations center Tanakorn Sangiam BANGKOK,17th August 2019 (NNT) - To prepare for the increasing threat from space in the future, the Royal Thai Armed Force (RTAF) has opened a space operations center for the purpose of threat prevention, and enhancing national security in outer space. Full story: https://forum.thaivisa.com/topic/1118320-rtaf-opens-space-operations-center/
  14. RTAF opens space operations center Tanakorn Sangiam BANGKOK,17th August 2019 (NNT) - To prepare for the increasing threat from space in the future, the Royal Thai Armed Force (RTAF) has opened a space operations center for the purpose of threat prevention, and enhancing national security in outer space. The RTAF’s new space unit will serve as the primary organization to prevent and preserve national security in space, in keeping with the RTAF’s strategy. The presence of the space center will help lay the foundations of Thailand’s space operations; patrols from outer space; satellite communications; help support other operations in national security, and engage with the international community in space observation. These new missions will help enhance the RTAF’s operational capacity beyond borders, and upgrade the country’s capacity in space missions. Several units will be operating as part of the space center, namely the operations unit responsible for space mission planning, development, data collection and interpretation; the space monitoring unit is responsible for monitoring threats from outer space, creating a satellite and space object database; a space patrol unit responsible for outer space patrols, satellite system maintenance, an outer space detection system, and space database creation, and a unit providing support for other units’ operations, maintenance, space operations system development, and inventory management. -- © Copyright NNT 2019-08-18 Follow Thaivisa on LINE for breaking Thailand news and visa info
  15. Interior Minister outlines fundamental economy policy tewit kemtong NONTHABURI,17th August 2019 (NNT) - Interior Minister Gen Anupong Paojinda, has delivered a speech on the fundamental economy and called on the people to have confidence in themselves, embrace change, stand tall and apply the Sufficiency Economy. Full story: https://forum.thaivisa.com/topic/1118318-interior-minister-outlines-fundamental-economy-policy/
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