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Search Result for “oil rich country”

Showing 1 - 10 of 218

PROPERTY

Developers scurry to secure prices

Business, Kanana Katharangsiporn, Published on 02/04/2026

» Residential developers are rushing to lock in construction material prices through upfront cash payments and bulk purchase agreements, while optimising logistics for cost efficiency ahead of further increases driven by surging oil prices.

BUSINESS

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.

PROPERTY

Built To Build rules out price hikes despite soaring oil costs

Business, Kanana Katharangsiporn, Published on 12/03/2026

» Homebuilder Built To Build Group says it will freeze prices for contracted clients despite rising oil prices fuelled by war in the Middle East, expressing confidence the conflict will subside by the end of this month.

PROPERTY

Sansiri confident amid global turmoil

Kanana Katharangsiporn, Published on 11/03/2026

» Construction costs for housing and condo projects already launched remain largely unaffected by global uncertainties, although a prolonged rise in oil prices could push up building costs for new developments, says SET-listed developer Sansiri.

BUSINESS

TOA banks on premium paints as growth sags

Business, Kanana Katharangsiporn, Published on 05/03/2026

» SET-listed TOA Paint (Thailand) plans to continue launching new products in the premium segment while expanding into the economy segment amid a slowing economic outlook, targeting 4% sales growth this year.

PROPERTY

Bangkok office market stays in flux

Business, Kanana Katharangsiporn, Published on 03/02/2026

» The Bangkok office market in 2026 is expected to remain highly competitive but more selective, as limited new supply, rising Grade A demand and ESG-driven relocations reshape leasing strategies, according to property consultancies.

PROPERTY

Industrial land market faces critical year amid challenges

Business, Kanana Katharangsiporn, Published on 03/02/2026

» Thailand's industrial and logistics property market is entering a critical phase in 2026 as global supply chains reset and major economies redirect long-term investment, presenting both challenges and rare structural opportunities for the country.

PROPERTY

Eden Estate plans B2.4bn Bang Na sports club

Kanana Katharangsiporn, Published on 02/02/2026

» Eden Estate Corporation, a property developer owned by a granddaughter of Thailand's richest tycoon Dhanin Chearavanont, plans to invest 2.4 billion baht to develop a private sports club in the Bang Na area, targeting to break even within seven years.

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

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.