Showing 1 - 10 of 131
Minor banking on asset‑light model
Business, Kanana Katharangsiporn, Published on 24/03/2026
» Minor Hotels, a subsidiary of SET-listed Minor International, plans to rebalance its investment‑heavy portfolio to a 50:50 mix from two‑thirds by prioritising asset‑light and franchise models, aiming to accelerate growth while maintaining selective investments.
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.
Year to end with dip in transfers and transfer value
Kanana Katharangsiporn, Published on 26/11/2025
» Despite an expected pickup in transfers in the fourth quarter, full-year 2025 is still forecast to end with a 7% drop in the number of transfers and an 11% decline in transfer value, weighed down by the economic slowdown and weaker home-buying power.
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.
Call for power upgrades to fuel data centres
Business, Kanana Katharangsiporn, Published on 16/10/2025
» Thailand's data centre capacity is projected to more than double over the next few years, but the government must upgrade power transmission lines and substations as electricity shortages are emerging in key provinces such as Chon Buri and Rayong.
New Bangkok condos being offered at 2015 prices
Kanana Katharangsiporn, Published on 16/09/2025
» Some new condominiums launched recently in Bangkok have been priced at levels similar to those seen a decade ago, as developers settle for slim margins to draw buyers with limited purchasing power, according to the Thai Condominium Association.
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.
Frasers Property cuts costs as it maintains cautious approach in 2025
Business, Kanana Katharangsiporn, Published on 08/09/2025
» SET-listed developer Frasers Property (Thailand) (FPT) has continued to curb expenses and reduce inventory as the housing market remained sluggish in the first eight months and the outlook for the fourth quarter remains uncertain.
Noble unlikely to meet target for presales
Business, Kanana Katharangsiporn, Published on 27/08/2025
» SET-listed Noble Development expects to miss its 2025 presales target of 13 billion baht, attributed to a sluggish economy and weak housing demand, prompting it to postpone new project launches from the second half of this year to 2026.
Sena Development maintains B10bn annual transfer target
Business, Kanana Katharangsiporn, Published on 26/08/2025
» SET-listed developer Sena Development is maintaining its annual transfer target of 10 billion baht, despite recording only 22% of the target in the first half, as it is still confident in seeing an uptick in transfers in the latter half of the year.