Thai Times

Covering the Thai Renaissance
Saturday, Jun 14, 2025

Thailand's Housing Market Faces Decline Amid Economic Uncertainties

Housing transfers drop over 10% in Q1, prompting calls for government intervention.
Thailand's residential property market has experienced a notable decline in the first quarter of the year, with housing transfers decreasing by more than 10% compared to the same period last year.

Industry analysts attribute this downturn to prevailing economic uncertainties that have affected consumer confidence and market activity.

Experts are advocating for government measures aimed at stimulating the sector, including potential adjustments to loan-to-value ratios, in an effort to invigorate housing demand and market stability.

In related news, a female nurse in Thailand has been arrested for her involvement in the production and distribution of explicit adult content.

The nurse, along with her husband, was accused of filming explicit videos and selling them through private online groups, in violation of laws concerning obscenity and unauthorized distribution of adult materials.

Meanwhile, South Korea is grappling with an extreme heatwave that has led to a concerning rise in heat-related hospitalizations.

Medical facilities across the country have reported a staggering 22-fold increase in cases of patients admitted for heatstroke and related health issues compared to the same timeframe last year.

Health authorities have issued advisories urging the public to prioritize hydration and limit outdoor activities during peak heat hours to mitigate health risks associated with soaring temperatures.

In the realm of sports, Liverpool Football Club is reportedly optimistic about securing a transfer deal for German midfielder Florian Wirtz.

Sources suggest that Wirtz has shown interest in joining the Premier League club, which aims to strengthen its midfield ahead of the upcoming season.

An official announcement regarding the transfer is anticipated once negotiations are finalized.

Additionally, the emergence of Chinese-language job advertisements across Thailand has reignited discussions about foreign employment and labor policies within the country.

The signs invite foreigners to explore job opportunities in Thailand, prompting debate over the implications for local labor markets and the integration of foreign workers.

Lastly, former Liverpool manager Jurgen Klopp is set to attend the club's Premier League title celebrations at Anfield.

Klopp, who guided Liverpool through a successful period during his management, will join current manager Arne Slot and the team to commemorate their latest achievements, adding significance to this celebratory occasion for both the club and its fans.
Newsletter

Related Articles

Israel Issues Ultimatum to Iran Over Potential Retaliation and Nuclear Facilities
0:00
0:00
Open
Israel Issues Ultimatum to Iran Over Potential Retaliation and Nuclear Facilities
0:00
0:00
Close
Israel Issues Ultimatum to Iran Over Potential Retaliation and Nuclear Facilities
Vietnam Confronts Rising Economic Pressures Amid Expanding U.S. Tariff Measures
Coinbase CEO Warns Bitcoin Could Supplant US Dollar Amid Mounting National Debt
Trump to Iran: Make a Deal — Sign or Die
Operation "Like a Lion": Israel Strikes Iran in Unprecedented Offensive
China Releases Draft Rules on Cross-Border Automotive Data Transfers
Israel Launches 'Operation Rising Lion' Targeting Iranian Nuclear and Military Sites
Thailand's Finance Minister Proposes Shift Towards Domestic Economic Growth
Thailand-Cambodia border closure could impact trade by 500 million baht daily
The World Bank has revised Thailand's GDP growth forecast for 2025 down by 1.1 percentage points, now estimating growth at 1.8%.
Jetstar Asia Announces Permanent Operations Cessation Amid Economic Pressures
ThaiHealth Enhances Mental Health Support for Youth Amid Rising Stress and Depression Rates
Thai Cabinet Approves Electronic Securities Bill to Modernize Capital Markets
Now Seattle:
Foreign Investors Seek Clarity Amid Thai Market Volatility
Meta to Invest $15 Billion in Scale AI to Advance AGI Goals
Thai Commerce Minister Meets Philippine Ambassador to Discuss Trade
Ministry of Culture Plans Organizational Reforms to Empower Youth
Cambodian Hacker Group Targets Thai Government Websites
Gother Travel Platform Targets Young Travelers with New Features
Thai Education Ministry Partners with Microsoft for AI Teacher Training
Confucius International Federation Hosts Global Forum in Bangkok
Thailand and China Celebrate 50 Years of Diplomatic Relations
Cambodia Assembles Legal Team to Reclaim Disputed Heritage Sites
Thai Prime Minister Orders Crackdown on Foreign Business Violations
Thailand’s Mass-Market Staples Face Slowdown Amid Weakened Household Spending
Thailand Expands EV Incentives Amid Employment Surge and Localization Goals
Thailand Launches Initiative for Local Large Language Model Development
Foreign Property Demand in Thailand Faces Continued Decline Amid The intensified crackdown on nominee ownership
Thailand Faces Rising Household Debt and Employment Challenges
IMF Warns of Severe Global Trade War Impacts on Emerging Markets
Gold and Bitcoin Positioned for Record Highs Amid Global Economic Uncertainty
Thailand and UAE Strengthen Trade Cooperation Amid Global Challenges
Thailand's Household Debt Reaches 16.42 Trillion Baht in Q4 2024
Thai Households Average Spending Insights for May
Thailand Introduces New Tax Incentives to Attract Overseas Income
United States and Thailand Initiate Official Tariff Negotiations
Thailand Tightens Border Restrictions with Cambodia Amid Tensions
Cambodia and Thailand Reach Agreement Amidst Border Tensions
US Companies Urge Reduction of Vietnamese Tariffs Amid Trade Shift
American Tourist Arrested in Pattaya Following Vandalism and Altercation
Trump Administration Issues New Travel Ban Targeting 12 Countries
Chiang Mai Airport Allocates Land for Commercial Development
Thai Army Responds to Cambodian Statement on Sovereignty
Royal Thai Navy Prepares Amphibious Forces Amid Border Tensions
Border School Conducts Emergency Shelter Drills for Students
Police Chief Orders Border Patrol Readiness in Seven Key Areas
Royal Thai Navy Conducts Amphibious Assault Exercises
Naval Commander Monitors Cambodian Military Drills
Japan Grapples with Rice Shortage Amid Soaring Prices
×