Joint venture projects with international firms are on the rise for Thai real estate market

    Thai developers have been enjoying success of joint ventures formed with foreign developers, especially with Japanese firms, where businesses have been conducted for decades. As reported by Bangkok Post, most of the joint-venture projects being built are condominiums as The Condominium Act allows foreigners to own up to 49 percent of the residential space. The

    Thai-Myanmar first blockchain-based money transfer services to be launched

    Krung Thai Bank, EVX Holdings and Shwe Rural and Urban Development Bank join forces to launch the first cross-border blockchain powered money transfer services between Thailand and Myanmar, reports Everex. The new service will be called “Krungthai Bank and Shwe Bank Remittance powered by Everex”. Customers can easily transfer money via their smartphones with competitive