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BUSINESS

Frasers Property Thailand details new green blueprint

Business, Kanana Katharangsiporn, Published on 30/09/2022

» Integrated developer Frasers Property (Thailand) Plc (FPT) continues its journey towards meeting environmental, social and governance (ESG) as well as sustainability goals as it aims to be a net-zero carbon corporation by 2050.

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BUSINESS

Drive for upscale visitors holds promise for Marriott

Business, Kanana Katharangsiporn, Published on 19/09/2022

» Marriott International is expecting to grow as the Thai government aims to attract more upscale visitors, with the majority of the company's 36 new properties in the pipeline over the next four years in the luxury segment.

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BUSINESS

Phuket seeks to shift from tourism to new revenue areas

Business, Kanana Katharangsiporn, Published on 23/09/2022

» Businesses in Phuket want to pivot the province to gastronomy, international education, marinas, medical services, meetings and conventions, sports, smart city development and tuna exports to reduce dependency on the tourism sector after it was severely hit by the pandemic.

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BUSINESS

M.K. to develop wellness centre

Business, Kanana Katharangsiporn, Published on 03/09/2022

» SET-listed developer M.K. Real Estate Development plans to spend 700 million baht to expand a new wellness centre in Suan Sampran in Nakhon Pathom, expecting to break even in seven years.

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BUSINESS

Scoot hopeful to increase seat capacity by year-end

Business, Kanana Katharangsiporn, Published on 05/09/2022

» Scoot, the low-cost subsidiary of Singapore Airlines, is hoping to increase its seat capacity to 80% of the level recorded before the Covid-19 pandemic by the end of the year, before adding more flights to match or outpace previous levels in the first half of 2023.

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BUSINESS

Providing home options in Pattaya

Business, Kanana Katharangsiporn, Published on 27/08/2022

» After Covid-19 hit the condo market, investment property developer Habitat Group decided to shift to low-rise houses focused on branded residences and vacation homes in Pattaya, aiming to increase its low-rise portfolio from 20% to 40% in a few years.

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BUSINESS

New luxury hotels to soar in Bangkok

Business, Kanana Katharangsiporn, Published on 29/08/2022

» Riverside locations on Charoen Krung Road and the Sathon-Rama IV area have become the hot zones in Bangkok where a large number of new luxury hotel rooms are projected to open in 2023-25, according to property consultancy Colliers Thailand.

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BUSINESS

CNT expects to turn a  profit in second half

Business, Kanana Katharangsiporn, Published on 24/08/2022

» After facing a loss in the first half, SET-listed contractor Christiani & Nielsen Thai (CNT) is expecting to turn a profit in the second half as oil and steel prices dropped.

BUSINESS

CPN, Grand Canal Land to develop mixed-use project

Business, Kanana Katharangsiporn, Published on 18/08/2022

» SET-listed retail and property developer Central Pattana Plc (CPN) will have a joint venture with one of its subsidiaries Grand Canal Land Plc (GLAND) to develop a mixed-use project on a 48-rai plot on Phahon Yothin Road.

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BUSINESS

QSNCC bags bookings through year-end

Business, Kanana Katharangsiporn, Published on 19/08/2022

» N.C.C. Management & Development Co, the operator of Queen Sirikit National Convention Center (QSNCC), has secured 20 events throughout the remaining four months of the year, with some of them relocated from overseas.