Showing 1 - 10 of 74
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.
UHG allots B1bn for two mid-tier hotels
Business, Kanana Katharangsiporn, Published on 01/08/2024
» Commercial property developer UHG will invest 1 billion baht to expand with two new mid-tier hotels on Sukhumvit Soi 8 and Pradipat Road, banking on robust tourism demand in this segment, which has boosted revenue growth post-pandemic.
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.
Syntec sets record for new projects
Business, Kanana Katharangsiporn, Published on 27/03/2024
» Contractor Syntec Construction Plc secured a record high 21 new projects worth a combined 12.8 billion baht last year, benefiting from the recovering condo sector and less intense competition post-pandemic.
Reignwood set to plough B60bn into luxury project
Kanana Katharangsiporn, Published on 30/11/2023
» Reignwood Group, a property firm owned by Chinese-Thai businessman Chanchai Ruayrungruang, plans to invest more than 60 billion baht to develop Reignwood Park in Pathum Thani as the largest luxury mixed-use project in Southeast Asia.
REIC expects housing prices to expand by 5-10% in 2023
Business, Kanana Katharangsiporn, Published on 18/01/2023
» Housing prices are projected to rise by 5-10% this year as the standard home construction price index continued an upward trend, with a year-on-year increase of 5.6% in the fourth quarter of 2022 amid a labour shortage.
UHG keen on mid-tier hotels
Business, Kanana Katharangsiporn, Published on 23/11/2022
» Commercial property developer UHG is continuing to tap the mid-range market with plans to open two new hotels over the next 12 months in Bangkok, one by the Chao Phraya River in Klong San and another in Ratchathewi.
Korat developers irked by spending lull
Business, Kanana Katharangsiporn, Published on 21/09/2022
» Despite a robust recovery in the residential market in the first half, developers in Nakhon Ratchasima remain concerned over a delay in the government's spending on infrastructure projects.
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.
Ceramic tile makers set out expansion plans
Business, Kanana Katharangsiporn, Published on 11/05/2022
» Two large producers of ceramic tiles -- SCG Ceramics Plc and Dynasty Ceramic Plc -- will open new stores and expand existing outlets nationwide as domestic demand recovers, following the country's reopening.