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Thailand is the first country in Asia-Pacific to see the launch of Facebook’s new Marketplace category, Property for Rent. Globally, Thailand is the fifth market (after US, Canada, France and Britain) in which Facebook has introduced Property for Rent, said Mayank Yadav, product manager of Facebook...

The Bank of Thailand will hold a consultation to discuss the “search-for-yield” behaviour prevalent in the property sector with relevant parties because it could lead to higher risk of default in mortgage loans. The central bank found this behaviour is widespread, especially in high-rise condominium projects,...