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BUSINESS

Avoiding Hong Kong's speculation trap

Business, Kanana Katharangsiporn, Published on 07/11/2022

» Policymakers looked at the experience of Hong Kong and a few other areas when debating the foreign land ownership bill.

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BUSINESS

LTV changes set to hit housing market

Business, Kanana Katharangsiporn, Published on 05/11/2022

» The residential market will contract by 10% next year as the easing of loan-to-value (LTV) measures for mortgages expires on Dec 31, 2022, says SET-listed developer Supalai.

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BUSINESS

Local property market lures large foreign players

Business, Kanana Katharangsiporn, Published on 29/10/2022

» Big players from overseas and local residential developers flocked to the Thai logistics market to capitalise on the sector's rise, with occupancy hitting an all-time high the past decade.

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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

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

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

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

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

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

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.