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Search Result for “media”

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CPN proud to be in regional Fortune 500

Business, Published on 20/06/2024

» Central Pattana Plc (CPN) is included in the 2024 Fortune Southeast Asia 500, which represents the 500 largest companies in Southeast Asia by revenue, organised for the first time in the region by Fortune magazine.

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PROPERTY

Singapore home sales decline for second month

Bloomberg News, Published on 18/06/2024

» SINGAPORE - New-home sales in Singapore fell for a second month, as weak demand and a lack of major launches continued to weigh on the market.

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PROPERTY

Frasers shifts focus to high-priced homes

Kanana Katharangsiporn, Published on 18/06/2024

» Residential developer Frasers Property Home (Thailand) (FPH) is focusing on high-priced segments for new launches and will adjust product prices at existing projects to cope with the market slowdown.

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PROPERTY

Tourism to steer CPN's H2 results

Molpasorn Shoowong, Published on 18/06/2024

» Retail and property developer Central Pattana Plc (CPN), the operator of Central malls, is banking on a tourism rebound to strengthen retail performance in the second half, especially in major cities.

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PROPERTY

Sansiri targets strong condo markets

Kanana Katharangsiporn, Published on 17/06/2024

» SET-listed developer Sansiri plans to continue with its condo business strategies to cope with slow economic growth, focusing on strong demand and strategic locations in all pricing segments.

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PROPERTY

Trying to create a fairer property tax

Business, Wichit Chantanusornsiri, Published on 13/06/2024

» The Finance Ministry is reviewing the Land and Building Tax Act. Public hearings were conducted to gather opinions from the public and stakeholders.

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PROPERTY

Developers adjust to decline in transfers

Business, Kanana Katharangsiporn, Published on 12/06/2024

» The number of land allocation permits nationwide dropped by 19.7% in the first quarter of 2024, the largest decline in nine quarters, as developers adjusted after seeing a consecutive dip in low-rise house transfers.

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PROPERTY

Official urges courage in tax assessment

Business, Wichit Chantanusornsiri, Published on 10/06/2024

» Local governments must be courageous in assessing which land plots are being underutilised or not used as they should be, as this assessment determines the maximum tax burden according to the land and building tax, says finance permanent secretary Lavaron Sangsnit.

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PROPERTY

Crackdown dents condo purchases

Business, Kanana Katharangsiporn, Published on 08/06/2024

» Myanmar's crackdown on Thai condo purchases by its citizens could cause a significant decline in condo transfers during the second and third quarters, according to the Thai Condominium Association.

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PROPERTY

Residential developers getting cold feet

Kanana Katharangsiporn, Published on 06/06/2024

» The residential construction area permitted nationwide in the first three months of 2024 is expected to plunge to the lowest level in 12 quarters, reflecting developers slowing new launches of residential supply because of weak demand.