BANGKOK ESSENTIAL SERVICES

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Real Estate Agents: After several years of a downslide, the real estate market in Bangkok has witnessed something of a boom recently. Property prices in Bangkok witnessed an increase of about 16 percent last year. Several of the skyscrapers that were abandoned by the developers at the time of the 1997 economic downslide have now resumed construction. Some major real estate developers have said that they would be investing over B100 billion (US $2.5 billion) in residential property in the central business district in the coming three years. The real estate market in Bangkok has also received something of a push due to the recovery of the Thai economy. Banks and finance houses are falling over themselves to provide bank loans to those people who intend to buy property. This has given a further boost to the real estate market in Thailand.

Educational Institutions: There are a large number of public and private universities located in Bangkok. Two of the most renowned universities of Thailand, Chulalongkom University and Thammasat University are located in Bangkok. Another renowned university of Bangkok is Bangkok University. It was established in the year 1962. It offers courses in several faculties, including business administration, accounting, human sciences, law, economics, science and technology, arts, and engineering. It has two campuses - the Gluay Nam Tai Campus and the Rang Sit Campus. The Chulalongkom University is the oldest university of Thailand and is considered one of the most prestigious universities of Thailand. It offers studies in 18 faculties and has several fine schools and institutes.

Banking System: Several major banks have a presence in Bangkok. Some of the banks in Bangkok with whom you can carry out your banking are Bangkok Bank, JP Morgan Chase Bank, Bank of America, Bank of Ayudhaya, Bankthai, Bank of Asia, Bharat Overseas Bank, and Standard Chartered Bank.

Currency Exchange: For most people, the ups and downs of the foreign exchange market are incomprehensible. In fact, most people pay any attention to foreign exchange only when they have to travel to a foreign country. While traveling, they have to exchange the currencies of their country with the currency of the country they are traveling to.

This is so because they can only buy goods or services in the currency of the country that they are in. Many banks offer currency exchange facilities. Besides this, there are many currency exchange brokers who exchange currency. Some of the currency exchange brokers of Bangkok are Chai Somboon Exchange, SK Money Changer Shop, and Siam Exchange.

Insurance: The leading non-life insurance companies of Thailand are Viriyah, Dhiapaya, Bangkok, Sampanth, Deves, Synmunkong, The Safety, New Hampshire, Aviva, and Commercial. The leading life insurance companies of Thailand are AIA, Thai Life, Ayudhya Allianz C.P., Bangkok, Ocean, Muang Thai, Siam Commercial, Nationwide, Zurich National, and South East. While traveling to a foreign country, you may need to take out an insurance policy on your travel, health, or car. You can contact any of the insurance agents whose names are given in this link to take out an insurance policy with any of the companies whose names are given above.

Health System: Given the prohibitively high costs of medical procedures and surgeries in the western countries, many residents of western countries are looking the way of southeast Asia to get medical treatment. Thailand is becoming an increasingly popular destination for western residents seeking medical treatment. Befitting its status as one of the top cities of southeast Asia, Bangkok has an extremely modern health infrastructure and extremely well qualified doctors. People come here from all over the world to get routine surgeries as well as cosmetic surgeries performed. Thailand has also become an extremely popular center for people seeking sex reassignment surgery.

Employment: Some companies in Thailand require the employee to have fluent knowledge of the Thai language in order to be able to get a job there. While there are some companies, which seek people who speak fluent English. These are the multinational companies that have branches in Thailand. Some of the companies in Bangkok in which you can look for a job are Roche Diagnostics, Siam Daikin Sales Co. Ltd., and Schering Plough Ltd.


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