Posts Tagged ‘feared’

A leading real estate provider has feared that an over-supply of serviced apartment will soon occur at Sukhumvit Road in Bangkok, Thailand due to the 78 percent drop of occupancy in the first half of 2009. In a data gathered by Colliers International in Thailand, it was noted that despite the decline in occupancies, developers are planning ... Full story

Some economic experts in Thailand feared that recession would occur in the said Asian country to the decline of their economy. Based on the latest date released by the Thailand National Economic and Social Development Board (NESDB) it was discovered that the Thai economy continued to decline in the first quarter of 2009, contracting by a further ... Full story