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Search Result for “contraction”

Showing 1 - 10 of 36

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

Pressured property developers look to adapt

Kanana Katharangsiporn, Published on 29/12/2025

» The residential property market closed 2025 under heavy pressure from weak purchasing power, tight mortgage lending and external shocks, prompting developers to recalibrate strategies for 2026 around affordability, risk management and liquidity preservation.

BUSINESS

Hotels digitise as a survival strategy

Business, Kanana Katharangsiporn, Published on 10/11/2025

» Thai hotels are accelerating digital and pricing strategies to stay competitive as international arrivals slow and the Chinese market, once Thailand's biggest tourism driver, remains tepid.

PROPERTY

Real estate calls for urgent steps

Kanana Katharangsiporn, Published on 16/09/2025

» The new government is being urged to introduce quick-win measures to stimulate housing demand by extending cuts on property transfer and mortgage fees to homes priced above 7 million baht, and also by lowering interest rates.

PROPERTY

Primo taking steps to expand its portfolio

Business, Kanana Katharangsiporn, Published on 25/06/2025

» Primo Service Solutions Plc, a property management service provider listed on the Market for Alternative Investment, is broadening its scope to include non-residential properties and projects outside those of its parent company, Origin Property Plc, as demand in the housing sector moderates.

BUSINESS

Jorakay eyes 10% growth as overseas sales boom

Business, Kanana Katharangsiporn, Published on 01/05/2025

» Jorakay Corporation, a manufacturer of tile adhesive, grouting products and construction chemicals, is targeting 10% sales growth this year as its key export markets in Southeast Asia remain unaffected by US tariffs.

PROPERTY

Thanasiri retains revenue growth target

Business, Kanana Katharangsiporn, Published on 30/04/2025

» MAI-listed developer Thanasiri Group has maintained its 15% revenue growth target this year, supported by the launch of a new upper-end low-rise housing project that is expected to capitalise on strong demand and high purchasing power in this segment.

PROPERTY

Property investment cut amid weak demand

Business, Kanana Katharangsiporn, Published on 23/04/2025

» Residential developers in three eastern provinces slowed new investments last year in response to weak demand, driven by high mortgage rejection rates among local homebuyers.

PROPERTY

Pruksa slashes targets amid slump

Kanana Katharangsiporn, Published on 18/11/2024

» SET-listed developer Pruksa Holding has reduced its goals for new project launches, presales and revenue for its residential development business to cope with a significant market contraction in the third quarter.

BUSINESS

Yong Concrete rejigs focus to industrial push

Business, Kanana Katharangsiporn, Published on 21/08/2024

» Yong Concrete, an MAI-listed manufacturer of concrete products, plans to shift its focus from the slow residential market to the industrial sector, which could cause growth to fall below the company's original target.