Why should we be interested in the real estate crisis in China?
Real estate accounts for 1/3 of GDP in China. This are including Real estate developers, rental properties, and real estate agent. The same is true for manufacturers of household goods such as refrigerators, electric stoves, and washing machines. It also counts the raw materials related to construction.
Summary of how to pay off house, car, loan, during the rising interest rate.
The Tourism Authority of Thailand has released statistics on arrivals to Thailand for 2022 showing that there are more than 3.33 million foreign tourists to Thailand, with “Malaysian” tourists leading “India” to become the Top country entering Thailand recently with more than 4.2 million people. The main factors are due to benefit of the “cancellation of the Thai pass system” last July 1st. Moreover, in the data for July, the number of tourists exceeded 1 million in the first month.
How ready is Thailand to raise the interest rate cycle?
For August 2022, we are quite confident that the Bank of Thailand (BOT) will raise the policy interest rate for the first time in years.
