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BUSINESS

MQDC taps into extended family market

Business, Kanana Katharangsiporn, Published on 25/06/2019

» Magnolia Quality Development Corporation Limited (MQDC), a property firm owned by the Chearavanont family, will launch three new luxury residential projects in Ekamai and on Bang Na-Trat Road to tap into the upper-end extended family segment.

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BUSINESS

Racing back after a short detour

Business, Kanana Katharangsiporn, Published on 08/06/2019

» Thongchai Busrapan made one of the biggest decisions of his life in 2012, deciding to set up his own business at age 43.

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BUSINESS

Developers want to get 'connected'

Business, Kanana Katharangsiporn, Published on 08/04/2019

» Connected living will be a new trend for real estate development, with a focus on healthcare and wellness because Thailand is an ageing society, though the key consumer group will be millennials, industry analysts say.

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BUSINESS

Taokaenoi shoots for 10% sales rise

Business, Kanana Katharangsiporn, Published on 16/03/2019

» SET-listed Taokaenoi Food & Marketing Plc (TKN), the maker of Tao Kae Noi seaweed snacks, aims for sales growth of over 10% in 2019 to more than 6 billion baht, with the Chinese market making the largest contribution.

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BUSINESS

Red Sun feeds on expansion

Business, Kanana Katharangsiporn, Published on 15/03/2019

» Food Passion, the operator of Bar B Q Plaza and Joom Zap Hut restaurants, plans to expand Red Sun Korean eatery in Southeast Asia by 2021 after acquiring the business earlier this year.

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BUSINESS

Japanese firms eye Ekamai

Business, Kanana Katharangsiporn, Published on 05/03/2019

» Two Japanese firms, Kyushu Railway and Hoosiers Holdings, have forged a joint venture with Thai developer All Inspire Development Plc for a condo project worth 4.8 billion baht on Ekamai Road, as they are confident in the Thai economy and property market.

BUSINESS

Latex Systems focusing on own brands

Business, Kanana Katharangsiporn, Published on 04/03/2019

» Latex pillow and mattress manufacturer Latex Systems Plc plans to launch more of its own brands this year to tap the retail segment, aiming to raise funds in the Market for Alternative Investment (MAI) and targeting sales growth of 15% per year.

BUSINESS

TCMC eyes sales boost with Alexander & James

Business, Kanana Katharangsiporn, Published on 14/02/2019

» SET-listed carpet and furniture maker TCM Corporation Plc (TCMC) aims for sales growth of 10% to 10 billion baht in 2019, eyeing exports of British furniture brand Alexander & James to the US to capitalise on a windfall from the growing trade war.

BUSINESS

Developers advised to unload old condo supply

Business, Kanana Katharangsiporn, Published on 31/01/2019

» Condo developers should monitor their own unsold inventory closely and try to drain as much as possible before planning new supply launches this year amid slowing property market growth, according to analysts.

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BUSINESS

Thai property lures Chinese

Business, Kanana Katharangsiporn, Published on 23/01/2019

» Thailand is expected to remain the most popular country for Chinese property buyers in 2019, with growth of at least 10% from last year and Bangkok, Chiang Mai, Pattaya and Phuket as the top destinations.