Showing 1 - 10 of 958
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.
Frasers ups presence in condo segment
Business, Kanana Katharangsiporn, Published on 21/05/2024
» Residential developer Frasers Property Home (Thailand) is planning to launch three new condo projects worth over 1 billion baht per year over the next few years to ensure the company has products in every segment.
Supalai suggests interest rate cut to stimulate more growth
Business, Kanana Katharangsiporn, Published on 10/05/2024
» The residential market has improved following the implementation of property measures last month, but interest rates should be cut to further stimulate growth, especially in the lower-income segment, according to SET-listed developer Supalai.
Struggling to recover
Kanana Katharangsiporn, Published on 06/05/2024
» With an unfavourable economy and expiration of discounts for the land and building tax this year, property developers are thinking twice about acquiring new land plots, shifting instead to draining inventory.
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.
Banyan returns to where it all began
Business, Kanana Katharangsiporn, Published on 04/05/2024
» After expanding to 22 countries over the past 30 years, hospitality-led property developer Banyan Group has returned to Phuket, the destination where it began.
Siamese Asset wary of new investments
Business, Kanana Katharangsiporn, Published on 30/04/2024
» SET-listed developer Siamese Asset will be cautious about new investments and focus on generating revenue from projects launched earlier, as well as reducing expenses during 2024-26 due to unfavourable financial market conditions.
Montara to host Phuket health resort
Business, Kanana Katharangsiporn, Published on 29/04/2024
» Montara Hospitality Group, the owner and operator of luxury resort Trisara, expects to increase sales of high-priced villas at new project Tri Vananda through a partnership with Swiss holistic health company Clinique La Prairie, offering a health resort within the project.
Office demand turns negative in 1st quarter
Business, Kanana Katharangsiporn, Published on 25/04/2024
» The office market recorded negative absorption in the first quarter of 2024, ending a consecutive seven-quarter rise from mid-2022, as demand shifted from non-green to green spaces and downsized offices, according to property consultant Knight Frank Thailand.
Developers want foreign quotas to be hiked
Kanana Katharangsiporn, Published on 17/04/2024
» Foreign ownership quotas for condos should be increased in certain areas to stimulate the economy as increasing demand from foreign buyers last year is expected to continue this year.