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Search Result for “accounting scandal”

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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

Phuket investment poised to cool further this year

Kanana Katharangsiporn, Published on 10/02/2026

» Phuket's residential property development investment is set to cool further in 2026, extending its decline from a historic peak of 190 billion baht in 2024, although underlying market demand remains resilient.

PROPERTY

Sansiri targets B48bn presales in 2026

Business, Kanana Katharangsiporn, Published on 21/01/2026

» SET-listed developer Sansiri has outlined its 2026 business plan, focusing on resilient growth amid a fragile economic environment and weak purchasing power, while maintaining its leadership in Thailand's real estate sector.

PROPERTY

Samui market resembles Phuket's 2022 peak

Kanana Katharangsiporn, Published on 28/11/2025

» The Samui property market now mirrors Phuket's 2022 peak, with newly launched villas reaching a 15-year high and land prices up 10%, according to property consultancy Colliers Thailand.

PROPERTY

Bangkok housing price index declines in third quarter

Business, Kanana Katharangsiporn, Published on 12/11/2025

» The price index of new condos, single detached houses and townhouses in Greater Bangkok dropped in the third quarter of 2025 as developers offered discounts to stimulate sluggish sales from the previous quarter.

PROPERTY

Interest evergreen for prime real estate

Business, Kanana Katharangsiporn, Published on 06/11/2025

» Despite a 41% plunge in the total value of land transactions nationwide -- the lowest in 15 years and occurring during an economic slowdown -- land prices in Bangkok's central business district (CBD) continued to climb, with Sukhumvit recording the sharpest increase at 10%.

BUSINESS

Excess supply seen in capital

Business, Kanana Katharangsiporn, Published on 23/10/2025

» Hotels in Greater Bangkok should brace for an influx of new supply while average occupancy rates declined, contrary to rising figures in other regions, according to the Real Estate Information Center (REIC).

PROPERTY

CG Capital to invest B5bn in Phuket, Samui hotels

Business, Kanana Katharangsiporn, Published on 21/10/2025

» CG Capital Advisory, the private equity arm of Central Group, plans to invest over 5 billion baht to develop five hotels in Phuket and Samui, alongside the launch of the InterContinental Residences Bangkok Asoke, a 5.5-billion-baht condominium project.

BUSINESS

Swire to debut Upper House hotel in Bangkok

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

» Hong Kong-based conglomerate Swire Pacific plans to open its first Upper House hotel in Bangkok, marking the brand's debut in Thailand, alongside its first branded residence project worth 30-40 billion baht on Wireless Road.

BUSINESS

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.