Showing 1 - 10 of 18
N.C. Housing slashes projects amid weak demand
Business, Molpasorn Shoowong, Published on 19/02/2026
» SET-listed developer N.C. Housing plans to launch only two projects worth a combined 2 billion baht this year, lower than in previous years, as it remains cautious because of weak consumer purchasing power.
Phuket up in arms on long‑stay visa
Business, Molpasorn Shoowong, Published on 18/02/2026
» Phuket tourism operators oppose the government's policy allowing foreigners who buy real estate worth 3 million baht to qualify for a long‑stay visa, arguing the investment threshold is too low and could attract "non‑quality" visitors who may engage in illegal activities, as well as risking an increase in property prices, making housing less affordable for local residents.
Flood recovery lag weighs on Hat Yai
Business, Molpasorn Shoowong, Published on 05/02/2026
» While most hotels in Hat Yai have already resumed operations, insufficient flood relief has resulted in only 30% of shops and restaurants reopening, leading to a weak outlook for tourism revenue during the Chinese New Year, according to the Hat Yai Songkhla Hotels Association.
Sena puts focus on affordable housing
Molpasorn Shoowong, Published on 29/01/2026
» SET-listed Sena Development plans to launch eight new projects this year worth 10.7 billion baht, six of which are in the affordable segment priced 1-2.5 million baht per unit, as the company wants to be the leader for affordable houses for new buyers via its rent-to-own strategy.
Industry sees flaws in proposed Hotel Act changes
Molpasorn Shoowong, Published on 10/09/2025
» The Thai Hotels Association (THA) has expressed concern about attempts to revise the Hotel Act, saying any changes must ensure that tourist safety will not be compromised and shoddy operations will face consequences.
Phu Kradueng cable car ‘to be ready by 2027’
Molpasorn Shoowong, Published on 21/05/2025
» The Ministry of Tourism and Sports insists there will be a cable car operating at Phu Kradueng National Park by 2027 — more than four decades after it was first proposed.
Phuket unfazed by weak Chinese market
Business, Molpasorn Shoowong, Published on 13/05/2025
» The sluggish Chinese market should have a short-term impact on Phuket as well as Thailand, as the island can attract other foreign arrivals and long-stay markets, according to Lan Kwai Fong Group, an operator of residential projects in the province.
Supalai bullish despite tricky conditions
Business, Molpasorn Shoowong, Published on 30/01/2025
» The real estate sector might record the lowest number of new residential projects launched in 15 years in 2025, attributed to a sluggish economy, high household debt and an elevated loan rejection rate, according to SET-listed developer Supalai.
Minimum wage hike starts to have impact in hotels
Business, Molpasorn Shoowong, Published on 07/01/2025
» The minimum wage hike amid a labour shortage is prompting hotels in Chiang Mai to increase staff responsibility instead of hiring more permanent workers, while small hotels in Chon Buri with cheaper rooms could be affected the most by rising costs, according to hotel associations.
Tax proposal gains support
Business, Molpasorn Shoowong, Published on 25/09/2024
» Tourism operators in Pattaya support the tourism and sports minister's plan to provide proper welfare for businesses there if they register in the tax system, as these efforts could help reduce crime and bribery.