Showing 1 - 8 of 8
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.
Hotel eyeing 80% occupancy
Business, Kanana Katharangsiporn, Published on 31/01/2024
» Courtyard by Marriott Bangkok Suvarnabhumi Airport, a new hotel owned by members of the Jiaravanont and Lamsam families, aims to achieve an 80% occupancy rate in its first year, given its strategic location that attracts a varied segment.
Chinese buyers gradually cool on Thailand as destination
Business, Kanana Katharangsiporn, Published on 15/08/2023
» Thailand dipped to fifth among destinations for Chinese property buyers, down one spot from last year and the top ranking in 2021, attributed to a sluggish recovery of travel and pricey flights.
China picked to catapult Thai economy
Business, Kanana Katharangsiporn, Published on 16/03/2023
» China's economic growth and the preference among Chinese for Thai properties should make it a key driver for the Thai economy and property market, according to economic and property analysts.
Mainland buyers seek quick move amid zero-Covid fears
Business, Kanana Katharangsiporn, Published on 07/02/2023
» Ready-to-move-in condos in Thailand are attracting Chinese buyers as the majority of them want to speed up relocation to the country due to concerns over the future of Beijing's zero-Covid policy.
Scoot hopeful to increase seat capacity by year-end
Business, Kanana Katharangsiporn, Published on 05/09/2022
» Scoot, the low-cost subsidiary of Singapore Airlines, is hoping to increase its seat capacity to 80% of the level recorded before the Covid-19 pandemic by the end of the year, before adding more flights to match or outpace previous levels in the first half of 2023.
C.P. Land halts offices, condos
Business, Kanana Katharangsiporn, Published on 30/11/2020
» C.P. Land Plc, a property arm of Charoen Pokphand Group, plans to freeze new office and condo projects next year and focus on hotel development targeting local travellers.
LTV limits add to sentiment for stagnant growth in 2019
Business, Kanana Katharangsiporn, Published on 28/02/2019
» The new mortgage rules taking effect on April 1 are expected to make the Thai property market stagnate this year, with developers hoping for a recovery in the second half.