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Search Result for “salvage operation yesterday”

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BUSINESS

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.

BUSINESS

CPN planning expansion of budget Go Hotel chain

Business, Kanana Katharangsiporn, Published on 17/01/2026

» SET-listed Central Pattana (CPN) is planning a nationwide expansion of its budget hotel chain Go Hotel to capitalise on a limited supply of national brands offering affordable accommodation.

SUSTAINABILITY

Bangkok office landscape at critical juncture

Business, Kanana Katharangsiporn, Published on 12/01/2026

» As Bangkok's prime districts experience a surge in premium Grade A towers, older office buildings face a "lease or die" ultimatum.

PROPERTY

SCX allots B2bn for second Pattaya hotel

Business, Kanana Katharangsiporn, Published on 22/10/2025

» SCX Corporation, the recurring-income asset management arm of SET-listed developer SC Asset Corporation, plans to invest 2 billion baht to develop a second hotel in Pattaya, and is seeking a joint venture partner for the project.

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.

PROPERTY

Magnolia Quality Development unveils 10-year building project for over-50s housing

Business, Kanana Katharangsiporn, Published on 02/10/2025

» Property developer Magnolia Quality Development Corporation Ltd (MQDC) plans to generate residential projects for the over-50s in the mid- to lower-income segment, following a luxury project this year.

PROPERTY

Bangkok land prices decline in 2nd quarter

Business, Kanana Katharangsiporn, Published on 31/07/2025

» The price index for vacant land in Greater Bangkok fell in the second quarter of 2025 after two consecutive quarterly increases, mainly attributed to the economic slowdown and the postponement of Bangkok's new city plan implementation to 2027.

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

4 developers take homebuilding plunge

Business, Kanana Katharangsiporn, Published on 21/03/2025

» SET-listed developers with a large portfolio of residential properties are shifting towards the homebuilding business in a bid to capture the self-built home market valued at 211 billion baht, amid a slowdown in housing development.

BUSINESS

Drop in rates gives luxury segment a lift

Business, Kanana Katharangsiporn, Published on 12/03/2025

» Decreasing interest rates can lift prospective homebuyers' confidence, even in the luxury segment, by enhancing their financial flexibility and encouraging strategic wealth management decisions.