Showing 1 - 10 of 32
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.
Co-working space firm lines up 6 new branches
Business, Kanana Katharangsiporn, Published on 03/07/2025
» Co-working space operator IWG plans to open six new branches in Bangkok, Phuket, Pattaya, Rayong and Nonthaburi over the next six months, with half repurposing space in malls to fill vacancies.
Banks highlight methods to reduce mortgage rejections
Business, Kanana Katharangsiporn, Published on 17/04/2025
» Clearing debts, disclosing all sources of income, preparing documents and avoiding rushed applications can reduce the mortgage rejection rate, which rose to an average of 45% in the first quarter, according to financial institutions.
Mortgage rejection rates expected to remain high
Business, Kanana Katharangsiporn, Published on 10/04/2025
» Mortgage rejection rates are anticipated to remain elevated due to persistent global economic headwinds, though eased loan-to-value (LTV) limits and lower fees may help support a recovery in the housing market, according to banks and developers.
Boonthavorn aims for 3-4% sales uptick
Business, Kanana Katharangsiporn, Published on 05/03/2025
» Boonthavorn Retail Corporation Plc, a home improvement and construction materials retailer, is freezing new investments and cutting expenses as the market remains unfavourable this year, while targeting sales growth of 3-4%.
IWG to open 11 new co-working spaces nationwide
Business, Kanana Katharangsiporn, Published on 05/02/2025
» Co-working space operator IWG plans to open at least 11 new branches in Bangkok, Samut Prakan, Chon Buri, Rayong and Phuket, driven by office oversupply and rising demand for flexible spaces.
CPN, partners sink B1bn into mammoth sale
Business, Kanana Katharangsiporn, Published on 05/06/2024
» SET-listed Central Pattana (CPN), along with Central Group and partners, will invest over 1 billion baht to hold a major sale event to boost sales in the second and third quarters, aiming for a 25-30% increase in customer traffic across all its branches nationwide.
Myanmar buyers look beyond Bangkok
Kanana Katharangsiporn, Published on 08/02/2024
» Property buyers from Myanmar shopping in Thailand are seeking residential units in Phuket and Chiang Mai, attracting a developer from the nation to invest in a single detached house project in Chiang Mai province.
RX Wellness investing US$20m to transform Colorado castle
Business, Kanana Katharangsiporn, Published on 14/03/2023
» RX Wellness, a subsidiary of SET-listed developer M.K. Real Estate Development Plc, will invest US$20 million to renovate the historic 121-year-old Redstone Castle in Colorado as its fourth wellness centre, and is eyeing Tuscany as its next destination.
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.