Showing 1 - 10 of 43
Minimum wage hits construction prices
Business, Kanana Katharangsiporn, Published on 23/04/2024
» The new daily minimum wage, which became effective in early January, drove up home construction prices in the first quarter, despite a drop in costs due to the influx of Chinese steel and the delayed disbursement of the government's budget.
Robot cleaners to bolster IFS revenue
Business, Kanana Katharangsiporn, Published on 08/04/2024
» Facility management firm Integrated Facility Solutions (IFS) aims to achieve revenue growth of 20% per year by introducing floor-cleaning robots from Japanese firm SoftBank Robotics to help ease labour costs.
Tighter lending rules hinder condo market
Business, Kanana Katharangsiporn, Published on 13/02/2024
» The industrial and hotel sectors will continue to grow, unlike the condo market which will remain sluggish due to stricter rules for mortgage lending by banks, according to property consultant Knight Frank Thailand.
Sansiri emphasises finding young talent
Business, Kanana Katharangsiporn, Published on 21/10/2023
» After Srettha Thavisin, former president of Sansiri Plc, ventured into politics, the company remained steadfast in its commitment to being a property developer that new generations aspire to work for.
MQDC to launch new project in Pattaya
Business, Kanana Katharangsiporn, Published on 05/10/2023
» Property developer Magnolia Quality Development Corporation Ltd (MQDC) is eager to launch a new mixed-use project in Pattaya next year, following a residential unit transfer worth 10 billion baht at its mega-project The Forestias in early 2024.
Rate hike would likely hurt housing market
Business, Kanana Katharangsiporn, Published on 26/09/2023
» Interest rates in Thailand should not be raised because doing so would adversely affect the housing market where demand is weak, say analysts.
Eastern Star boss targets 15% uptick
Business, Kanana Katharangsiporn, Published on 11/07/2023
» The new managing director of SET-listed developer Eastern Star Real Estate is planning to balance its residential development portfolio, launch three new projects annually in Bangkok and Rayong, and achieve annual growth of at least 10-15%.
TCMC anticipates limited revenue growth prospects
Business, Kanana Katharangsiporn, Published on 19/05/2023
» Despite a strong recovery in the tourism sector, carpet and furniture maker TCM Corporation Plc (TCMC) expects revenue to remain stagnant in 2023 due to the unfavourable global economic outlook.
Ayutthaya condo market sees rebound
Business, Kanana Katharangsiporn, Published on 03/04/2023
» The growing industrial sector and a tourism recovery helped the Ayutthaya property market register a strong rebound for condos priced 1-1.5 million baht in the second half last year.
AWC plans B1bn revamp of The Empire
Business, Kanana Katharangsiporn, Published on 26/01/2023
» Developer Asset World Corp Plc (AWC) plans to spend more than 1 billion baht on renovating and adding lifestyle spaces to The Empire -- its largest office tower -- with the aim of attracting new tenants.