Showing 1 - 10 of 53
UHG to sink B1.5bn into hotel expansion
Business, Kanana Katharangsiporn, Published on 09/05/2025
» Commercial property developer UHG plans to invest 1.5 billion baht to expand its hotel portfolio in fringe areas of Bangkok and convert office space on Lat Phrao Soi 4 into hotel rooms, capitalising on tourism and escaping the oversupplied office market.
Real estate to experience uneven recovery in 2025
Business, Kanana Katharangsiporn, Published on 20/02/2025
» The hotel and industrial estate sectors are expected to remain robust this year, driven by foreign markets, while the residential and office sectors continue to slow due to weak domestic demand and excess supply, according to property consultancy CBRE Thailand.
Siamese Asset wary of new investments
Business, Kanana Katharangsiporn, Published on 30/04/2024
» SET-listed developer Siamese Asset will be cautious about new investments and focus on generating revenue from projects launched earlier, as well as reducing expenses during 2024-26 due to unfavourable financial market conditions.
AWC, 2C2P tout Asean hub
Business, Kanana Katharangsiporn, Published on 06/09/2023
» SET-listed Asset World Corp (AWC) and digital payment service provider 2C2P (Thailand) called on the new government to promote Thailand as an Asean hub for regional offices and to offer support for startups to enhance the country's competitiveness.
Revolutionising retail: KE Group and Ally Reit join forces to launch Ally Sky rewards
Business, Kanana Katharangsiporn, Published on 26/06/2023
» KE Group has partnered with Ally Leasehold Real Estate Investment Trust (REIT) to revolutionise the retail sector with the introduction of the Ally Sky Rewards application. This loyalty programme will cater to shoppers in 11 shopping malls within Ally REIT's portfolio, making it Thailand's first loyalty programme that covers all shops across different mall brands.
Retail market demonstrating solid signs of improvement
Business, Kanana Katharangsiporn, Published on 28/04/2023
» Driven by economic growth and a rebound in tourism, the retail property market has been steadily improving since the fourth quarter of last year, with a prediction that it will return to normal by 2024, according to consultants.
AWC unveils remaking of riverside
Business, Kanana Katharangsiporn, Published on 16/02/2023
» Developer Asset World Corp Plc (AWC) plans to build new riverfront projects near its flagship Asiatique open-air mall, starting with an investment of 800 million baht to refocus the riverside complex as an entertainment hub.
AWC plans B1bn revamp of The Empire
Business, Kanana Katharangsiporn, Published on 26/01/2023
» Developer Asset World Corp Plc (AWC) plans to spend more than 1 billion baht on renovating and adding lifestyle spaces to The Empire -- its largest office tower -- with the aim of attracting new tenants.
Standard forecasts continuing tourism growth
Business, Kanana Katharangsiporn, Published on 12/12/2022
» Standard International, a hospitality subsidiary of SET-listed developer Sansiri, is expecting this year's strong tourism recovery to continue into 2023, with the resumption of the Chinese market a key driver.
BDMS unit adds 2nd Samui branch amid wellness boom
Business, Kanana Katharangsiporn, Published on 25/07/2022
» BDMS Wellness Clinic, a subsidiary of Bangkok Dusit Medical Services Plc, has launched a second branch at its Celes Samui resort to capitalise on the growth of wellness tourism, which is expanding by more than 20% per year.