Showing 1 - 10 of 18
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.
Stecon ventures into property development
Business, Kanana Katharangsiporn, Published on 01/10/2025
» SET-listed contractor Stecon Group has diversified into property development, targeting an initial return of at least 15%, starting with a 14-billion-baht joint venture condo project with SET-listed residential developer Noble Development.
Developers suffer in Q1 amid stagnant economy
Business, Kanana Katharangsiporn, Published on 22/05/2025
» Nearly all Stock Exchange of Thailand (SET)-listed residential developers with quarterly revenue of at least 2.5 billion baht reported year-on-year declines in both revenue and net profit in the first quarter, mainly due to the economic slowdown and higher mortgage loan rejection rates.
Struggling to recover
Kanana Katharangsiporn, Published on 06/05/2024
» With an unfavourable economy and expiration of discounts for the land and building tax this year, property developers are thinking twice about acquiring new land plots, shifting instead to draining inventory.
Looking for a place to hang your hat
Business, Kanana Katharangsiporn, Published on 09/12/2023
» Rental residential developer Homa is planning to spend 10 billion baht to build or acquire 5,000 rental units in Thailand, Indonesia, Vietnam and the Philippines over the next five years to capitalise on the trend among younger generations of consumers who prefer renting to owning a property.
Ashton Asoke condo move raises eyebrows
Business, Kanana Katharangsiporn, Published on 02/08/2023
» The Supreme Administrative Court's ruling last Thursday, which revoked the receipt of notification of intention for construction or modification of the building granted to the already-finished-and-transferred 50-storey Ashton Asoke condo project, caused a stir among the public, leaving people curious about the case and its potential outcome.
Sansiri banking on hospitality foray
Business, Kanana Katharangsiporn, Published on 02/03/2023
» Developer Sansiri Plc is pinning its hopes on its hospitality business called The Standard International as tourism is expected to boom for three years.
BTS ridership to exceed pre-Covid level
Business, Kanana Katharangsiporn, Published on 10/06/2022
» The reopening of schools, a rebound in foreign tourist arrivals and the full operation of extension sections should increase skytrain ridership to exceed pre-pandemic levels, according to BTS Group Holdings Plc.
Bangkok land price index edges up in Q3
Business, Kanana Katharangsiporn, Published on 25/10/2021
» Despite the escalating trend, the increase in the land price index in Greater Bangkok in the third quarter remained lower than the five-year average during the pre-Covid period, according to the Real Estate Information Center (REIC).
Divestments hit price growth
Business, Kanana Katharangsiporn, Published on 07/09/2021
» The land price index in Greater Bangkok has seen slow growth as land transactions dropped after some landlords divested their plots to minimise the impact of the pandemic on their core business.