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Search Result for “Gulf Energy”

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PROPERTY

Construction, property shift tactics

Business, Kanana Katharangsiporn, Published on 07/04/2026

» The construction and property sectors are being forced to adjust strategies and build greater resilience to cope with volatile energy prices, as the Middle East conflict drives up both energy and construction material costs, according to Siam Commercial Bank Economic Intelligence Center (EIC).

PROPERTY

Developers scurry to secure prices

Business, Kanana Katharangsiporn, Published on 02/04/2026

» Residential developers are rushing to lock in construction material prices through upfront cash payments and bulk purchase agreements, while optimising logistics for cost efficiency ahead of further increases driven by surging oil prices.

PROPERTY

SC Asset persists with shift to non-residential business

Kanana Katharangsiporn, Published on 10/03/2026

» SET-listed developer SC Asset Corporation will continue shifting towards non-residential business, aiming to increase its contribution to net profit to 30% by 2030 from 20% last year.

BUSINESS

Singha Estate keeps emphasis on hotels

Business, Kanana Katharangsiporn, Published on 07/03/2026

» SET-listed Singha Estate plans to maintain its focus on the hospitality business, investing 3-3.5 billion baht to acquire two hotels in Bangkok, the eastern provinces or southern beach destinations as the segment contributed 74% of its total revenue last year.

BUSINESS

TOA banks on premium paints as growth sags

Business, Kanana Katharangsiporn, Published on 05/03/2026

» SET-listed TOA Paint (Thailand) plans to continue launching new products in the premium segment while expanding into the economy segment amid a slowing economic outlook, targeting 4% sales growth this year.

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

Bangkok office market stays in flux

Business, Kanana Katharangsiporn, Published on 03/02/2026

» The Bangkok office market in 2026 is expected to remain highly competitive but more selective, as limited new supply, rising Grade A demand and ESG-driven relocations reshape leasing strategies, according to property consultancies.

PROPERTY

Industrial land market faces critical year amid challenges

Business, Kanana Katharangsiporn, Published on 03/02/2026

» Thailand's industrial and logistics property market is entering a critical phase in 2026 as global supply chains reset and major economies redirect long-term investment, presenting both challenges and rare structural opportunities for the country.

SUSTAINABILITY

Bangkok office landscape at critical juncture

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

» As Bangkok's prime districts experience a surge in premium Grade A towers, older office buildings face a "lease or die" ultimatum.

BUSINESS

Stecon keen to capture data centre frenzy

Business, Kanana Katharangsiporn, Published on 02/12/2025

» SET-listed contractor Stecon Group is capitalising on strong growth in the data centre sector, expanding via investments, construction, water management and renewable energy.