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Search Result for “royal approval”

Showing 1 - 10 of 79

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

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.

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

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.

PROPERTY

Residential index hits record low in Q1

Business, Kanana Katharangsiporn, Published on 15/07/2025

» The Thailand Overall Residential Market Index (TORMI) fell to its lowest level since the index was introduced in 2021 in the first quarter of 2025, even dropping below the levels recorded during the Covid-19 pandemic, according to the Real Estate Information Center (REIC).

BUSINESS

Knight Frank points to vulnerable sectors

Business, Kanana Katharangsiporn, Published on 09/07/2025

» The notification by letter yesterday stating that the US plans to maintain a 36% import duty on Thai goods is expected to affect manufacturing, logistics and industrial real estate as Thailand risks losing its appeal to foreign investors, according to property consultancy Knight Frank Thailand.

PROPERTY

Phuket, Rayong and Samui post transfer growth in Q1

Kanana Katharangsiporn, Published on 27/05/2025

» Phuket, Rayong and Samui were the only destinations to record growth in residential transfers in the first quarter of 2025, following a crackdown on nominee ownership by the Central Investigation Bureau (CIB).

PROPERTY

Frasers Property brings 31 luxury detached houses to market

Business, Kanana Katharangsiporn, Published on 14/05/2025

» SET-listed developer Frasers Property (Thailand) (FPT) has launched 31 single detached houses priced between 107 and 300 million baht in the Kaset-Nawamin area, aiming to tap into strong demand from ultra-high-net-worth individuals.

PROPERTY

Call for free insurance to restore condo confidence

Business, Kanana Katharangsiporn, Published on 24/04/2025

» Condo developers should offer free insurance for unsold inventory or units scheduled for transfer to restore buyer confidence and lift revenue, as the earthquake last month shook consumer trust, according to property analysts.

BUSINESS

Banks highlight methods to reduce mortgage rejections

Business, Kanana Katharangsiporn, Published on 17/04/2025

» Clearing debts, disclosing all sources of income, preparing documents and avoiding rushed applications can reduce the mortgage rejection rate, which rose to an average of 45% in the first quarter, according to financial institutions.