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Search Result for “Former deputy finance minister Paopoom”

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BUSINESS

Sugar tycoons branch into hotel investments

Business, Kanana Katharangsiporn, Published on 04/03/2026

» The second-generation owners of Rajburi Sugar Group have diversified into hotel investments, spending more than 1.5 billion baht to acquire and renovate Impiana Resort Chaweng Noi in Samui and Pullman Khon Kaen.

PROPERTY

Pruksa continues scaling back launches this year

Business, Kanana Katharangsiporn, Published on 04/03/2026

» SET-listed developer Pruksa Holding continues to scale back new residential launches this year, planning only seven projects worth a combined 8.2 billion baht as it shifts focus to clearing unsold inventory worth 66 billion baht and expanding recurring-income assets.

PROPERTY

Frasers Property rebalancing portfolio

Kanana Katharangsiporn, Published on 26/02/2026

» SET-listed Frasers Property Thailand (FPT) is consolidating the management teams of its property development affiliates as it prepares to oversee condo developer Grand Unity Development Co, following its assumption of management at the mixed-use project One Bangkok.

BUSINESS

Mcot opens bids for Bangkok land

Business, Kanana Katharangsiporn, Published on 14/02/2026

» State-owned broadcaster Mcot Plc has opened bidding for the lease of more than 50 rai of land near its headquarters in the Rama IX area of Bangkok, with the site expected to be developed as a mixed-use project amid the economic slowdown and an oversupply of office space in the area.

PROPERTY

Lalin targets 5% growth in presales, revenue

Business, Kanana Katharangsiporn, Published on 12/02/2026

» SET-listed mid-sized developer Lalin Property is targeting 5% growth in presales and revenue in 2026, banking on the new government to help stimulate the economy.

PROPERTY

Deal volume in real estate capital market best since 2020

Business, Kanana Katharangsiporn, Published on 12/01/2026

» Bangkok's real estate capital market remained active in 2025, recording its highest deal volume since the pandemic, driven by a recovery in tourism, portfolio diversification and renewed investor confidence, according to property consultancy CBRE Thailand.

PROPERTY

Pressured property developers look to adapt

Kanana Katharangsiporn, Published on 29/12/2025

» The residential property market closed 2025 under heavy pressure from weak purchasing power, tight mortgage lending and external shocks, prompting developers to recalibrate strategies for 2026 around affordability, risk management and liquidity preservation.

PROPERTY

Luxury demand strong in western Bangkok

Business, Kanana Katharangsiporn, Published on 04/12/2025

» Western Bangkok is regaining momentum with new housing launches in two key price segments, 55-120 million baht and 9-12 million baht, led by major developers Sansiri and Supalai, despite an overall slowdown in the single detached housing market.

PROPERTY

Call for longer leases to boost home ownership

Kanana Katharangsiporn, Published on 31/10/2025

» Three real estate associations have asked the next government to extend the lease period for residential properties from 30 years to 60 years, as a new generation of potential homebuyers can no longer afford to purchase them.

BUSINESS

Examining the crux of the credit crunch

Business, Kanana Katharangsiporn, Published on 18/10/2025

» Thailand's residential property sector is grappling with a severe credit crunch, as mortgage rejection rates have surged to an unprecedented 80% this year, up sharply from around 30% during the pandemic, according to developers.