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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.

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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.

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.

BUSINESS

LPP banking on non-L.P.N. projects to boost revenue

Business, Kanana Katharangsiporn, Published on 11/08/2022

» LPP Property Management, a subsidiary of SET-listed developer L.P.N. Development Plc, will tap more non-L.P.N. projects, launching a turnkey project consultancy and establishing a joint venture with Synphaet Hospital with the aim of growing annual revenue by 30% from 2023.

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BUSINESS

Sena rolls out leasing option

Business, Kanana Katharangsiporn, Published on 06/08/2022

» As a rise in interest rates will lower home purchasing power, SET-listed developer Sena Development Plc plans to lower the prices of residential units and offer a leasing programme to help homebuyers own a unit more easily.

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BUSINESS

Bullish Standard targets 2nd-tier cities

Business, Kanana Katharangsiporn, Published on 21/07/2022

» Standard International, a hospitality subsidiary of SET-listed developer Sansiri Plc, plans to tap second-tier cities like Ayutthaya and Rayong with Bunkhouse, its boutique brand.

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BUSINESS

Labour shortages hold back tourism recovery

Business, Kanana Katharangsiporn, Published on 20/07/2022

» Despite tourism's gradual recovery around the world, inflation and labour shortages remain big challenges for the hospitality industry, according to IHG Hotels & Resorts.

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BUSINESS

Kanda looks to diversify for growth

Business, Kanana Katharangsiporn, Published on 29/06/2022

» Low-rise housing developer Kanda Property Co will diversify to condo, hotel and wellness in the next few years and plans to launch six new projects worth a combined 4.7 billion baht in 2022, aiming for a growth of 10% in presales and revenue.

BUSINESS

O2E Supply expects 65% growth in sales

Business, Kanana Katharangsiporn, Published on 14/06/2022

» O2E Supply Co, an importer of high-end engineered wood for flooring and decorative interior walls, expects sales growth of more than 65% this year, driven by a robust luxury residential market.

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BUSINESS

BTS ridership to exceed pre-Covid level

Business, Kanana Katharangsiporn, Published on 10/06/2022

» The reopening of schools, a rebound in foreign tourist arrivals and the full operation of extension sections should increase skytrain ridership to exceed pre-pandemic levels, according to BTS Group Holdings Plc.