Showing 1 - 10 of 91
Robot cleaners to bolster IFS revenue
Business, Kanana Katharangsiporn, Published on 08/04/2024
» Facility management firm Integrated Facility Solutions (IFS) aims to achieve revenue growth of 20% per year by introducing floor-cleaning robots from Japanese firm SoftBank Robotics to help ease labour costs.
Nippon Steel Kowa Real Estate to invest in 2 residential projects
Kanana Katharangsiporn, Published on 14/02/2024
» Japanese developer Nippon Steel Kowa Real Estate Co (NSKRE) is planning to invest 600-800 million baht per year in the Thai property market via two residential projects in the affordable price segment through a joint venture with MAI-listed developer Chewathai.
SC Asset sees tough residential market
Business, Kanana Katharangsiporn, Published on 09/02/2024
» SET-listed SC Asset Corporation plans to focus on recurring income properties, allocating an annual investment budget for non-residential projects of 15% of the total budget over five years, up from 10%.
Rate hike would likely hurt housing market
Business, Kanana Katharangsiporn, Published on 26/09/2023
» Interest rates in Thailand should not be raised because doing so would adversely affect the housing market where demand is weak, say analysts.
Chinese buyers gradually cool on Thailand as destination
Business, Kanana Katharangsiporn, Published on 15/08/2023
» Thailand dipped to fifth among destinations for Chinese property buyers, down one spot from last year and the top ranking in 2021, attributed to a sluggish recovery of travel and pricey flights.
TCMC anticipates limited revenue growth prospects
Business, Kanana Katharangsiporn, Published on 19/05/2023
» Despite a strong recovery in the tourism sector, carpet and furniture maker TCM Corporation Plc (TCMC) expects revenue to remain stagnant in 2023 due to the unfavourable global economic outlook.
Property Perfect records hotel revenue surge in Q1
Business, Kanana Katharangsiporn, Published on 05/04/2023
» SET-listed developer Property Perfect recorded hotel revenue growth of more than four times in the first quarter of 2023 thanks to a robust recovery in the tourism sector.
Pre-Built keen to nurture residential development
Business, Kanana Katharangsiporn, Published on 17/02/2023
» Contractor Pre-Built Plc plans to expand its residential development business to reduce risks from volatile high-rise building construction, with an aim to gain an equal profit split with its construction business in a few years.
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.
Homebuyers urged to be more prudent
Business, Kanana Katharangsiporn, Published on 16/01/2023
» Homebuyers should have more financial discipline and readiness before buying a house as home prices are surging, interest rates are rising and property incentives have expired, says property website DDproperty.com.