Showing 1 - 9 of 9
Ascott sees revenue and rates reviving next year
Business, Kanana Katharangsiporn, Published on 09/10/2025
» The Ascott Limited Thailand, the wholly owned lodging business unit of Singapore-based CapitaLand Investment, expects revenue, occupancy and room rates to recover in 2026, with plans to diversify into resort destinations such as Phuket and secure a management contract in Hat Yai.
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.
Pruksa Holding shifting focus to healthcare amid slowdown
Business, Kanana Katharangsiporn, Published on 04/03/2025
» SET-listed developer Pruksa Holding (PSH) is downplaying its housing development business after years of market slowdown, shifting focus to the healthcare business, which is expected to contribute half of its revenue.
Pruksa preps 30 projects worth B29bn
Business, Kanana Katharangsiporn, Published on 20/02/2024
» SET-listed developer Pruksa Holding (PSH) is planning to launch 30 new residential projects worth a combined 29 billion baht, with a shift to the upper-priced segment to balance those in the lower-end market affected by negative factors.
Pruksa revises business strategy
Business, Kanana Katharangsiporn, Published on 25/02/2023
» SET-listed developer Pruksa Holding has revised its business strategy to integrate residential development with healthcare and e-commerce, aiming to increase the revenue proportion from recurring income to 25% by 2028, more than triple the current figure.
PSH to rejig precast business via transfer
Business, Kanana Katharangsiporn, Published on 17/01/2023
» SET-listed developer Pruksa Holding Plc (PSH) will dilute its shares in the precast business through a share swap with General Engineering Plc (GEL) and will co-invest in logistics with Singaporean real estate firm Capitaland and Taiwan developer Ally Logistics Property to boost recurring income.
Frasers shifting focus as pandemic hits homebuyers
Business, Kanana Katharangsiporn, Published on 23/02/2022
» Residential developer Frasers Property Home (Thailand) will shift to single detached houses and the upper-end segment as the pandemic has hit purchasing power of townhouse buyers and middle-to low-income earners.
Building on a family legacy of development
Business, Kanana Katharangsiporn, Published on 10/08/2019
» Wallapa Traisorat, the second daughter of Thailand's fourth-richest tycoon, Charoen Sirivadhanabhakdi, is starting a new chapter: getting a family-controlled property business listed on the stock market.
The Great Room expanding to Bangkok
Business, Kanana Katharangsiporn, Published on 22/05/2018
» SINGAPORE: Singaporean co-working space The Great Room is expanding to Bangkok at two sites: Gaysorn Tower with an investment of over 100 million baht, expected to open next month, and Sindhorn Tower in the fourth quarter.