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Search Result for “retail space”

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THAILAND

Bangkok Pride Festival marks a grand Pride month celebration in Bangkok’s bustling Rama 1 Road and Siam area

Published on 01/06/2024

» (Bangkok - 1 June 2024) Bangkok Pride Parade marked Bangkok’s grand celebration of Pride Month and marked a major milestone for Thailand to become the first Southeast Asia country to legalize same-sex marriage. The rainbow parade attracted more than 200,000 attendees and spectators and spanning along the bustling Rama 1 Road.

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LIFE

Pride month celebration

Published on 01/06/2024

» Bangkok Pride Parade marked Bangkok’s grand celebration of Pride Month and marked a major milestone for Thailand to become the first Southeast Asia country to legalize same-sex marriage. The rainbow parade attracted more than 200,000 attendees and spectators and spanning along the bustling Rama 1 Road.

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PROPERTY

CPN optimistic on office rental outlook

Business, Kanana Katharangsiporn, Published on 30/05/2024

» SET-listed Central Pattana (CPN) is aiming for annual growth of more than 10% in the office rental business over a five-year period, following the completion of Central Park Offices at the Dusit Central Park mixed-use project next year.

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THAILAND

QHHRREIT Completes Conversion, Acquires New Prime Assets

Published on 29/05/2024

» QHHRREIT has successfully completed its conversion from a property fund to a real estate investment trust (REIT) and has acquired new assets, including the Centre Point Hotel and Residence Silom. This strategic move aims to enhance the trust’s sustainable revenue potential by capitalising on the recovering tourism sector and the new visa-free policy, positioning it as a high-potential hotel REIT in prime locations.

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GENERAL

An alternative path to growth

Business, Published on 27/05/2024

» Newly appointed Finance Minister Pichai Chunhavajira is taking a less hostile stance towards the Bank of Thailand than the premier, aiming to better coordinate fiscal and monetary policies.

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GENERAL

Sports equipment sales expected to surge

Business, Kuakul Mornkum, Published on 21/05/2024

» The sports equipment market is poised for substantial growth over the coming years, attributed to the growing trend among consumers of prioritising health and wellness since the outbreak of Covid-19.

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GENERAL

Tourists tipped to fuel ride-hailing boom

Business, Molpasorn Shoowong, Published on 16/05/2024

» The Thai tourism recovery should propel ride-hailing services this year, even during the low season, says Grab Thailand.

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THAILAND

Platinum Invites You to Show “Fresh Idea” with “Fresh Fashion”

Published on 13/05/2024

» Mrs. Suthita Bhirombhakdi, Executive Vice President of The Platinum Group Public Company Limited, stated that, as ASEAN’s leading fashion shopping centre for wholesale and retail, Platinum Fashion Mall offers fashion products that are always fresh and up to date, winning the hearts of both Thai and foreign customers for a long time. At the end of 2023, the “Platinum PROUD” campaign was launched to celebrate the 18th anniversary, emphasising the brand refresh under the concept of “Platinum Bringing Fresh Fashion to You” through viral videos on social media channels. The campaign has received positive feedback, with many influencers, KOLs, and shoppers showing interest in using the service, creating looks, and sharing their fun shopping experiences.

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GENERAL

Clawing back after a steep Songkran decline

Business, Published on 11/05/2024

» Sentiment on the Stock Exchange of Thailand (SET) was relatively weak at the beginning of April, with average daily turnover of only 33 billion baht during the first week of the month.

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THAILAND

FPT Reports Strong H1 Performance with THB 6.5 Billion Revenue

Published on 09/05/2024

» Frasers Property (Thailand) Public Company Limited, or “FPT,” Thailand's first integrated real estate leader, disclosed its first half of FY2024 performance (October 2023 – March 2024), reporting total revenue of THB 6,591 million and net profit of THB 487 million. For 2QFY2024 performance (January – March 2024), the company generated total revenue of THB 3,524 million and net profit of THB 165 million. Despite macroeconomic challenges, the residential business continues to progress as planned, with four new projects set to launch in the second half of the year, alongside an adjustment in strategic plans. The industrial and commercial portfolio showed continuous revenue growth with occupancy rates reaching 86% and 92%, respectively.