Showing 1 - 10 of 121
Hotel sector braces for challenging year
Business, Kanana Katharangsiporn, Published on 10/02/2026
» Thailand's hotel sector will remain highly challenging in 2026, pressured by multiple factors, including uncertainty in key foreign markets amid global geopolitical risks and the continued strength of the baht, according to Kasikorn Research Center.
Jorakay sees steady growth despite housing slowdown
Business, Kanana Katharangsiporn, Published on 27/01/2026
» Jorakay Corporation, a manufacturer of tile adhesives, grouting products and construction chemicals, expects to achieve 10% growth this year despite a property market slowdown, supported by continued strength in second-hand housing.
Homebuyers now prioritising wellness
Business, Kanana Katharangsiporn, Published on 06/01/2026
» Wellness and well-being will take precedence over luxury and image in homebuying decisions this year, reflecting a shift in consumer priorities towards healthier living environments, long-term comfort and quality of life rather than status-driven features.
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.
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.
Bangkok residential market slumps to a 20-year nadir
Kanana Katharangsiporn, Published on 29/07/2025
» Competition for land purchases in Greater Bangkok has slowed as housing inventory rises, sales decline, and developers pivot to clearing unsold stock to generate cash amid the worst market conditions in two decades.
SC Asset Corporation touts extending foreign leaseholds
Business, Kanana Katharangsiporn, Published on 18/06/2025
» With the residential market expected to contract for at least three years, Thailand should restore foreign tourist confidence to drive economic growth and extend leasehold ownership to at least 60 years to attract international buyers, according to SET-listed developer SC Asset Corporation.
Trump tariffs crush Thai housing demand
Business, Kanana Katharangsiporn, Published on 09/06/2025
» The "Trump effect" has had a far greater impact on housing demand than the recent earthquake, which only caused temporary delays in purchases and transfers, whereas the former led to buyers stopping purchases altogether, according to SET-listed developer Supalai.
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.
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.