Showing 1 - 10 of 11
Singha upbeat on outlook for hotels
Business, Kanana Katharangsiporn, Published on 27/11/2021
» SET-listed developer Singha Estate expects the tourism sector in Thailand, Mauritius and Fiji to rebound by the second quarter of 2022, helping to revive its hotel business in the three countries.
SHR targets 10-15% revenue growth next year
Business, Kanana Katharangsiporn, Published on 27/08/2021
» SET-listed S Hotels & Resorts (SHR) expects the recovery momentum for tourism in the UK, Maldives and Fiji in July will continue throughout this year and into 2022 as it aims for revenue growth of 10-15% next year.
Housing developer sentiment marks big downturn in Q3
Business, Kanana Katharangsiporn, Published on 09/08/2021
» As the outbreak continues to escalate, housing developer sentiment for the next six months is expected to reach its lowest point in the third quarter of 2021 since the first quarter of 2009, with non-listed firms showing the greatest concern.
Developers banking on wellness, health trends
Business, Kanana Katharangsiporn, Published on 07/06/2021
» Given the rise of wellness, health and senior living trends, property developers and construction materials producers are jumping on board to capture demand, which is expected to surge in the post-pandemic recovery.
Giant firms call for jab options
Business, Kanana Katharangsiporn, Published on 18/03/2021
» Thailand should allow more options for Covid-19 inoculations to speed up the reopening scheme, or else more layoffs will come in the second half, warns the Mall Group and Sansiri.
Bangkok scores well in fit-out survey
Business, Kanana Katharangsiporn, Published on 08/12/2020
» Bangkok ranked the seventh most affordable office market to fit out in Asia-Pacific at US$713 or 21,390 baht per square metre, 170% less expensive than Tokyo, the most expensive, according to property consultant JLL Thailand.
Back down to earth
Business, Kanana Katharangsiporn, Published on 30/10/2020
» Residential developers are accelerating business adjustment and new strategies to cope with a property market slowdown and an economic downturn due to the pandemic which is expected to last until next year.
Fulcrum pivots away from hotels
Business, Kanana Katharangsiporn, Published on 08/10/2020
» Fulcrum Ventures, a joint venture property firm comprised of a Thai investor and Singaporean investment group, is focused on low-rise housing projects in Bangkok as it freezes a new hotel development in Phuket because of the pandemic.
Pruksa takes bold steps
Business, Kanana Katharangsiporn, Published on 04/06/2020
» Facing its worst revenue contraction on record, SET-listed developer Pruksa Holding Plc is taking unprecedented measures to weather the Covid-19 crisis by selling land banks, suspending new investments and managing cash flow in anticipation the market will shrink 30% this year.
Developers urged to shift to more affordable housing
Business, Kanana Katharangsiporn, Published on 28/05/2020
» Residential developers need to build housing units that are more affordable for the majority of homebuyers as their budget is smaller during the economic downturn, says SET-listed Sena Development Plc.