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Search Result for “state official”

Showing 1 - 10 of 63

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

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

No condo market recovery until 2027

Kanana Katharangsiporn, Published on 14/10/2025

» The Bangkok condo market is expected to rebound in 2027, as sluggish conditions are likely to persist through next year and the expected general election, according to property consultancy Cushman & Wakefield Thailand.

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.

BUSINESS

Quelling the tremors of March 28

Business, Kanana Katharangsiporn, Published on 07/06/2025

» The earthquake that struck Myanmar on March 28 sent tremors through many high-rise buildings in Bangkok, shaking not just the structures but also buyer confidence, if only briefly.

PROPERTY

Contractors warned of looming private sector hazards

Business, Kanana Katharangsiporn, Published on 28/04/2025

» SET-listed contractors heavily reliant on private sector construction may face challenges next year due to the economic slowdown, while those focused on public projects will likely benefit from reduced competition, according to Kasikorn Securities.

PROPERTY

Bangkok office market to take years to recover, experts warn

Business, Kanana Katharangsiporn, Published on 25/02/2025

» The oversupplied Bangkok office market will take at least five years to return to a balanced state, with several projects postponed without a definite timeline, according to property consultancy Cushman & Wakefield.

BUSINESS

Major focuses on existing projects

Business, Kanana Katharangsiporn, Published on 25/01/2025

» SET-listed Major Development (MJD) plans to carefully assess market conditions and homebuyer sentiment before launching any new projects this year, focusing on existing developments, particularly those near schools with strong demand.

PROPERTY

Condo association pushes for added state assistance

Business, Kanana Katharangsiporn, Published on 16/01/2025

» This year should be a challenging one for the residential property market, carrying over from a sluggish 2024 as insufficient domestic demand and a lack of structural support for foreign demand persist, says the Thai Condominium Association.

PROPERTY

Thai residential index the lowest in 12 quarters

Kanana Katharangsiporn, Published on 09/01/2025

» The overall residential market index in Thailand in the third quarter of 2024 dropped to its lowest level in 12 quarters, dating back to the third quarter of 2021, driven by declining housing transfers and a slowdown in supply.