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Search Result for “Eastern Economic”

Showing 1 - 10 of 128

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INVESTMENT

SC eyes B10bn revenue from new sectors

Kanana Katharangsiporn, Published on 25/09/2024

» SET-listed SC Asset Corporation will invest 20 billion baht between 2025 and 2029 in logistics, hotels and office rentals, aiming to generate a total revenue of 10 billion baht over the five-year period from these recurring income businesses.

GENERAL

Yong Concrete rejigs focus to industrial push

Business, Kanana Katharangsiporn, Published on 21/08/2024

» Yong Concrete, an MAI-listed manufacturer of concrete products, plans to shift its focus from the slow residential market to the industrial sector, which could cause growth to fall below the company's original target.

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MOTORING

Auto sector drives industrial land sales

Business, Kanana Katharangsiporn, Published on 13/08/2024

» Land transactions in industrial estates during the first half of 2024 exceeded the annual target set by the Industrial Estate Authority of Thailand (IEAT), driven by strong demand in the automotive sector, particularly from Chinese investors.

GENERAL

Yong eyes 2 new plants in Rayong

Business, Kanana Katharangsiporn, Published on 23/05/2024

» Yong Concrete, an MAI-listed producer of concrete products, is expanding with two new plants in Rayong to capitalise on rising demand in the Eastern Economic Corridor (EEC), diversifying risk from the property market slowdown and government budget delays.

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GENERAL

Syntec plans expansion of data centre business

Business, Kanana Katharangsiporn, Published on 06/05/2024

» SET-listed contractor Syntec Construction has established a new team to handle data centre construction projects as demand rises, particularly from large players.

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PROPERTY

Prospect allocates B22bn for expansion

Business, Kanana Katharangsiporn, Published on 03/04/2024

» Factory and warehouse developer Prospect Development Co will invest 22 billion baht between 2024 and 2028 to add new space covering 1.25 million square metres in total, with the aim of capitalising on growing demand in the market.

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PROPERTY

AssetWise aims for 8% rise in presales this year

Kanana Katharangsiporn, Published on 09/02/2024

» SET-listed developer AssetWise plans to launch 12 new residential projects worth a combined 25.9 billion baht in Bangkok, eastern provinces and Phuket, aiming to achieve 17.8 billion baht in presales by year-end, representing an 8% increase.

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GENERAL

Hotel eyeing 80% occupancy

Business, Kanana Katharangsiporn, Published on 31/01/2024

» Courtyard by Marriott Bangkok Suvarnabhumi Airport, a new hotel owned by members of the Jiaravanont and Lamsam families, aims to achieve an 80% occupancy rate in its first year, given its strategic location that attracts a varied segment.

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GENERAL

Looking for a place to hang your hat

Business, Kanana Katharangsiporn, Published on 09/12/2023

» Rental residential developer Homa is planning to spend 10 billion baht to build or acquire 5,000 rental units in Thailand, Indonesia, Vietnam and the Philippines over the next five years to capitalise on the trend among younger generations of consumers who prefer renting to owning a property.

BUSINESS

TCMC anticipates limited revenue growth prospects

Business, Kanana Katharangsiporn, Published on 19/05/2023

» Despite a strong recovery in the tourism sector, carpet and furniture maker TCM Corporation Plc (TCMC) expects revenue to remain stagnant in 2023 due to the unfavourable global economic outlook.