Showing 1 - 10 of 264
SC Asset Corporation touts extending foreign leaseholds
Business, Kanana Katharangsiporn, Published on 18/06/2025
» With the residential market expected to contract for at least three years, Thailand should restore foreign tourist confidence to drive economic growth and extend leasehold ownership to at least 60 years to attract international buyers, according to SET-listed developer SC Asset Corporation.
Motorcycle sales see 3.8% uptick in April
Lamonphet Apisitniran, Published on 03/06/2025
» Domestic motorcycle sales slightly improved in April, attributed to sales promotions targeting prospective buyers keen on purchasing a new model, said the Federation of Thai Industries (FTI).
Thai consumer spending tightens
Business, Post Reporters, Published on 26/05/2025
» Quiet tourist attractions with fewer guests and complaints from local merchants about stagnant purchasing power have become more pronounced, as the Thai economy braces for another slump in the second quarter, which is typically a low season for spending.
Developers suffer in Q1 amid stagnant economy
Business, Kanana Katharangsiporn, Published on 22/05/2025
» Nearly all Stock Exchange of Thailand (SET)-listed residential developers with quarterly revenue of at least 2.5 billion baht reported year-on-year declines in both revenue and net profit in the first quarter, mainly due to the economic slowdown and higher mortgage loan rejection rates.
Banks highlight methods to reduce mortgage rejections
Business, Kanana Katharangsiporn, Published on 17/04/2025
» Clearing debts, disclosing all sources of income, preparing documents and avoiding rushed applications can reduce the mortgage rejection rate, which rose to an average of 45% in the first quarter, according to financial institutions.
Mortgage rejection rates expected to remain high
Business, Kanana Katharangsiporn, Published on 10/04/2025
» Mortgage rejection rates are anticipated to remain elevated due to persistent global economic headwinds, though eased loan-to-value (LTV) limits and lower fees may help support a recovery in the housing market, according to banks and developers.
Residential developers fine-tune strategy
Kanana Katharangsiporn, Published on 27/03/2025
» Residential supply and demand in Chon Buri has shifted towards the rental market due to weakened purchasing power and high mortgage rejection rates among prospective local homebuyers, while foreign demand remains strong, according to property executives.
Pickup loan scheme to aid economy by B21bn
Business, Wichit Chantanusornsiri, Published on 26/03/2025
» The Finance Ministry says it expects its pickup loan guarantee measure to entice 6,250 new pickup purchases this year.
Thai auto industry shows signs of revival amid slump
Reuters, Published on 25/03/2025
» Thailand’s auto industry faces a slow and painful recovery from a prolonged slump even with government support, three executives and an industry group said on Tuesday.
Trump trade signals keep investors on edge
Business, Published on 22/03/2025
» RECAP: Asian stock markets traded within a tight range yesterday as investors anxiously awaited US President Donald Trump's next trade war moves, following a busy week of central bank meetings that further frayed nerves.