Property News

Property News Phuketwan Property News
facebook recommendations

NEWS ALERTS

Sign up now for our News Alert emails and the latest breaking news plus new features.

Click to subscribe

Existing subscribers can unsubscribe here

RSS FEEDS

A comprehensive database of Phuket property ownership is being sought

Governor Seeks Database of Phuket Ownership

Wednesday, September 2, 2009
THE GOVERNOR, Wichai Praisa-nob, has asked Phuket's local authorities to provide information so a database can be established that combines all that is known about property on the island, especially resorts.

''I am not making trouble for anybody,'' he told the media.

''We just need to know the facts so we can assess what needs to be done in the future.''

The governor was at pains to play down false reports that some kind of witchhunt is underway over so-called ''foreign ownership.''

A database can determine changes in future if ownership or a portion of ownership is sold either to Thai interests or overseas interests, he said.

False media reports exaggerating the proportion of foreign influence or ''control'' of property and businesses on Phuket have led to a greater interest in the real situation.

Representatives from several organisations met with the Governor on Monday. These included the island's local tessaban administrations, Phuket Provincial Business and Trade Office, Phuket Provincial Revenue office, Phuket Industry Office, Phuket Land Office and Phuket Immigration.

Phuketwan was among the few media representatives who attended that meeting.

A briefing for more media was held the following day. At no stage at meetings on either Monday or Tuesday was there talk of a ''police investigation.''

Here's Who Owns Patong's Beachfront
Latest The drums of paranoia are being beaten by a media that fails to do proper research. Here's a list of who owns the resorts along Patong's beach road, according to the local authority.
Here's Who Owns Patong's Beachfront

Researcher Pursues '100pc Truth' on Ownership
Latest An academic whose research created a newspaper storm is actually as concerned about Phuket tourism and the environment as she is about property.
Researcher Pursues '100pc Truth' on Ownership

Governor's New Committee To Check All Projects
Latest The Governor of Phuket has announced a new layer of scrutiny for all development projects and says environmental reviews will be tougher from now on. New laws could follow.
Governor's New Committee To Check All Projects

MediaWATCH: Phuket Businesses Face 'Scrutiny'
News Digest Phuket crackdown on investment, resorts up for sale; Tourism back security clamp; China stocks edge higher; Obama marks Ramadan; Spiderman conquers KL towers; Gmail back.
MediaWATCH: Phuket Businesses Face 'Scrutiny'

Phuket Wins 2 Billion Baht Budget for 'Super Centre'
Latest Good things come to those who wait and after two decades, Phuket seems assured now of a conference and sports centre that will drive the island's development.
Phuket Wins 2 Billion Baht Budget for 'Super Centre'

Jet Phuket Takes Off for 6.3m Visitors Record
Phuket's Economy Forecasts are that Phuket will reach a record 6.3 million arrivals and departures this year, which means the boom is rapidly overtaking the gloom.
Jet Phuket Takes Off for 6.3m Visitors Record

Researcher Pursues '100pc Truth' on Ownership
Latest An academic whose research created a newspaper storm is actually as concerned about Phuket tourism and the environment as she is about property.
Researcher Pursues '100pc Truth' on Ownership

Drowned Russian Tourist Found on Karon Beach
Latest The body of the latest drowning victim has been found at Karon. Beach safety is essential at seaside resorts these days. The tragedy is that these needless deaths can be prevented.
Drowned Russian Tourist Found on Karon Beach

China Visitor Bucks Jetski Bid for 50,000 Baht
UPDATE Phuket's governor tells tourist horror stories of jetski operators in Patong and makes it plain that the era of the scams and ripoffs is coming to a close.
China Visitor Bucks Jetski Bid for 50,000 Baht

Comments

Comments have been disabled for this article.

gravatar

Since last year, Phuket Provincial Business and Trade Office reinforces the law in order to have at least 2 Thai directors for one alien director and eventually one to one in order to have the sole Thai director(s) able to sign all official documents.
This is the way most of foreigners living and working in Thailand are doing for running a business, buy home and properties in Thailand.
Generally, Thai directors own the 51% of company shares and have the power to sign all official documents.
By the law they have the majorty and the power to alter or sell properties without the knowledge of the foreign partners and shareholders.
This is exactly what had happen few days ago to my neighbor who is married with a Thai spouse since 12 years.
His Thai spouse had lost more than 2 million Baht by playing cards with other Thais in Phuket town and as she had to clear her debit with other players, she sold their business building and car without speaking anything with her husband in one single day.
No he is in despair to save what can be saved and stories like that one are countless in Thailand.
Do not forget that for many Thais, it is not a big sin to cheat a foreigner.

Posted by Whistle-Blower on September 3, 2009 17:35


Friday April 19, 2024
Phuketwan - Your sweet Phuket, every day

FOLLOW PHUKETWAN

Facebook Twitter