-Value (LTV) ratio for mortgage loans which led to a decline in bank lending to the real estate sector. The Bank of Thailand also implemented policies to encourage commercial banks to focus on sustainable

strong across-the-board growth. The business sector remained challenged by new modes of competition amid the advancing digital age and the rapid pace of technological advancement, together with the

. Unfortunately, there are only 3 million PVD members, accounting for 20 percent of the total documented employees in the private sector.* Moreover, only 24 percent of the total PVD members are likely to earn

Bangkok, April 9, 2013 ? The SEC will facilitate existing property funds (Type 1 property fund) to convert themselves into Real Estate Investment Trusts (REITs) to enhance the private sector?s

will support economic growth, enhance long-term business competitiveness as well as offer a fundraising alternative for the private sector and an investment channel for institutional and retail investors

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