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Search Result for “declining revenues”

Showing 1 - 10 of 70

BUSINESS

Mcot opens bids for Bangkok land

Business, Kanana Katharangsiporn, Published on 14/02/2026

» State-owned broadcaster Mcot Plc has opened bidding for the lease of more than 50 rai of land near its headquarters in the Rama IX area of Bangkok, with the site expected to be developed as a mixed-use project amid the economic slowdown and an oversupply of office space in the area.

BUSINESS

Condos priced B3-5m still in demand amid small supply

Business, Kanana Katharangsiporn, Published on 19/12/2025

» Condos priced between 3-5 million baht were the best-selling segment in Greater Bangkok the first nine months of this year as demand in the affordable market remained strong amid limited supply.

PROPERTY

Sena focuses on rent-to-own market amid stagnant economy

Business, Kanana Katharangsiporn, Published on 05/12/2025

» SET-listed Sena Development will continue to rely on rent-to-own as a core strategy next year, with the economy expected to remain sluggish with no positive drivers on the horizon to support mortgage approvals.

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.

BUSINESS

TOA Paint pins hopes on stimulus to foster growth

Business, Kanana Katharangsiporn, Published on 29/10/2025

» SET-listed TOA Paint (Thailand) expects modest growth this year despite a sluggish market, banking on the government's co-payment scheme leaving consumers with a greater amount of disposable income for home renovations in the fourth quarter.

BUSINESS

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.

PROPERTY

Retail property occupancy rates set to fall below 95%

Business, Kanana Katharangsiporn, Published on 23/09/2025

» New retail property supply in 2025-26 is projected to outpace demand, pushing occupancy rates below 95% while capping rental growth at 1-2% annually, as competition among major developers intensifies and demand recovery remains sluggish.

PROPERTY

New infrastructure expected to boost market in Northeast

Business, Kanana Katharangsiporn, Published on 19/09/2025

» New infrastructure is expected to revive the economy and strengthen home purchasing power in Nakhon Ratchasima and Udon Thani, as transfer and mortgage fee cuts and lower interest rates have had a limited effect, according to local developers.

PROPERTY

Noble investor to take control

Business, Kanana Katharangsiporn, Published on 11/09/2025

» The co-chief executive of SET-listed Noble Development, currently its second-largest shareholder, is set to become its largest shareholder, with restructuring expected to be completed by mid-2026 as part of the company's transition plans.

PROPERTY

Condo launches in Q2 hit 15-year low

Business, Kanana Katharangsiporn, Published on 04/09/2025

» The number of new condo launches in the second quarter of 2025 dropped to the lowest level in 15 years, reflecting developers' caution about fresh investments amid miserable market conditions pressured by multiple factors.