Showing 1 - 6 of 6
Developers' Q1 profits plunge to decade-low
Business, Kanana Katharangsiporn, Published on 04/06/2025
» The first-quarter net profit of 10 SET-listed residential developers has fallen to 3.56 billion baht, the lowest level in over a decade and less than half the five-year average, attributed to the economic slowdown and sluggish housing demand, Kasikorn Securities reported.
Fee cuts for B7m range lift home demand
Business, Kanana Katharangsiporn, Published on 02/04/2025
» The reduction in transfer and mortgage fees for units priced 7 million baht or less, which expired last year, lifted home demand in Bangkok within this price range, according to a recent survey.
Bangkok occupancy rates bounce back in Q1
Business, Kanana Katharangsiporn, Published on 14/05/2024
» Hotel occupancy rates in Bangkok during the first quarter of 2024 bounced back close to pre-pandemic levels, primarily fuelled by an influx of Mice (meetings, incentives, conferences and exhibitions) travellers.
UHG to invest B3.1bn to develop two new hotels
Business, Kanana Katharangsiporn, Published on 07/10/2023
» Hotel and office developer UHG plans to invest 3.1 billion baht to develop two new hotels in the Ramkhamhaeng and Phaya Thai areas to capitalise on the potential of these locations and meet high demand from its hotels nearby.
Ashton Asoke condo move raises eyebrows
Business, Kanana Katharangsiporn, Published on 02/08/2023
» The Supreme Administrative Court's ruling last Thursday, which revoked the receipt of notification of intention for construction or modification of the building granted to the already-finished-and-transferred 50-storey Ashton Asoke condo project, caused a stir among the public, leaving people curious about the case and its potential outcome.
QSNCC bags bookings through year-end
Business, Kanana Katharangsiporn, Published on 19/08/2022
» N.C.C. Management & Development Co, the operator of Queen Sirikit National Convention Center (QSNCC), has secured 20 events throughout the remaining four months of the year, with some of them relocated from overseas.