Showing 1 - 10 of 129
Low-rise developers urged to boost safety
Business, Kanana Katharangsiporn, Published on 11/07/2025
» Low-rise housing developers should invest more in structural reinforcement to improve resilience against potential future tremors, which are likely following the earthquake in Myanmar in March, according to the Thai Structural Engineers Association.
Inno Precast moves away from housing
Business, Kanana Katharangsiporn, Published on 10/07/2025
» Inno Precast, a manufacturer and distributor of precast concrete, is shifting its focus to non-residential projects and end users, as the stagnant housing market is expected to take at least two years to recover.
AI nurses hint at future of health
Business, Lamonphet Apisitniran, Published on 05/07/2025
» For patients meeting a nurse powered by artificial intelligence (AI) technology for the first time, the process remains the same, though they are not communicating with a human.
Developers' Q1 profits plunge to decade-low
Business, Kanana Katharangsiporn, Published on 04/06/2025
» The first-quarter net profit of 10 SET-listed residential developers has fallen to 3.56 billion baht, the lowest level in over a decade and less than half the five-year average, attributed to the economic slowdown and sluggish housing demand, Kasikorn Securities reported.
Vimut anticipating 40% jump in revenue
Business, Lamonphet Apisitniran, Published on 29/05/2025
» Vimut Holding Hospital Co, a unit of real estate developer Pruksa Holding, expects its revenue to soar by 40% this year, driven by tourism and the hospital's investment in innovative healthcare services.
Developers suffer in Q1 amid stagnant economy
Business, Kanana Katharangsiporn, Published on 22/05/2025
» Nearly all Stock Exchange of Thailand (SET)-listed residential developers with quarterly revenue of at least 2.5 billion baht reported year-on-year declines in both revenue and net profit in the first quarter, mainly due to the economic slowdown and higher mortgage loan rejection rates.
Insuring against earthquake risk
Business, Nuntawun Polkuamdee, Published on 05/04/2025
» The 7.7-magnitude earthquake that struck Myanmar and parts of Thailand on March 28 left significant cracks in high-rise buildings in Bangkok and surrounding provinces.
High-rise condo transfers set to plunge
Published on 03/04/2025
» Transfers of high-rise condominiums in Greater Bangkok are expected to decline by 50%, while total condo transfers in the region may dip by 0.8% from 2024 in the aftermath of last week's earthquake, according to research and securities firms.
Survival strategy of developers
Kanana Katharangsiporn, Published on 31/03/2025
» SET-listed developers are exploring ways to diversify risks and increase revenue as the residential slowdown lingers, with projections indicating it will persist for a few more years.
4 developers take homebuilding plunge
Business, Kanana Katharangsiporn, Published on 21/03/2025
» SET-listed developers with a large portfolio of residential properties are shifting towards the homebuilding business in a bid to capture the self-built home market valued at 211 billion baht, amid a slowdown in housing development.