AI In-Brief

Thailand News in Brief

Thai PBS World

Thailand and the world, every day

AI can make mistakes. Please double-check.

Select foreigners can own 0.16 hectares (1 rai) for residential use in Thailand from September

13 Sept 10:40 Key points summarised by AI

**New Land Ownership Policy:** Starting September, select foreigners will be permitted to own up to 0.16 hectares (1 rai) of land in Thailand specifically for residential use.
**Eligibility Requirements:** To qualify, foreigners must invest a minimum of 40 million baht for at least three years in approved Thai businesses or an Infrastructure Fund.
**Strategic Attraction:** This measure is designed to attract high-net-worth individuals, pensioners, remote workers, and specialized professionals to the country.
**Projected Economic Impact:** The government expects this policy to draw approximately one million foreign homeowners, generating an estimated 800 billion baht in foreign investment and 270 billion baht in land tax revenue.

Yesterday 09:24 Key points summarised by AI

Thailand secured a US$200 million loan from the World Bank to significantly invest in clean energy and low-carbon urban development initiatives.
The program aims to drive clean energy funding and low-carbon growth, ensuring a just transition for small and medium-sized enterprises, workers, farmers, and local communities.
Channelled through the Export-Import Bank of Thailand, the loan will fund energy efficiency upgrades in public buildings and industrial areas, including rooftop solar installations and electrical system modernizations, reducing initial capital burdens via Energy Service Companies (ESCOs).