Showing 1 - 10 of 26
Condo developers struggle with B80bn debt mountain
Kanana Katharangsiporn, Published on 13/03/2025
» A mismatch between loan terms and project durations has forced developers with substantial condo inventory to grapple with short-term debt obligations, with over 80 billion baht in debentures due for repayment this year, according to Asia Plus Securities (ASPS).
Bank urges government to revive property stimulus
Kanana Katharangsiporn, Published on 27/02/2025
» The government should consider extending the property measures that expired on Dec 31 as they effectively boosted demand for residential units priced at 7 million baht or lower last year, according to the Government Housing Bank (GHB).
Residential sales in EEC areas dip as factories shutter
Kanana Katharangsiporn, Published on 30/09/2024
» New sales of residential units in the Eastern Economic Corridor (EEC) provinces, particularly in areas near industrial estates, continued to decline in the second quarter of 2024 because of factory closures.
UHG allots B1bn for two mid-tier hotels
Business, Kanana Katharangsiporn, Published on 01/08/2024
» Commercial property developer UHG will invest 1 billion baht to expand with two new mid-tier hotels on Sukhumvit Soi 8 and Pradipat Road, banking on robust tourism demand in this segment, which has boosted revenue growth post-pandemic.
Chon Buri market still offering potential
Business, Kanana Katharangsiporn, Published on 18/07/2024
» The residential market in Chon Buri still has growth potential but caution is needed due to the oversupply of condos and townhouse sales declining for five consecutive quarters.
Frasers Property allots B25bn for expansion
Kanana Katharangsiporn, Published on 27/06/2024
» SET-listed Frasers Property (Thailand) (FPT) plans to spend 25 billion baht from 2025 to 2029 to expand its industrial business in Thailand, Vietnam and Indonesia, capitalising on the growth of foreign direct investment (FDI) in Southeast Asia.
Overwhelmed by success
Molpasorn Shoowong, Narumon Kasemsuk and Kanana Katharangsiporn, Published on 11/03/2024
» Phuket has been in the limelight the past six months after the government announced a plan to elevate Thailand to an aviation hub, with Phuket the key gateway in the South.
The Great Room bullish on prospects
Molpasorn Shoowong, Published on 08/11/2023
» Businesses providing co-working spaces have maintained a steady growth post-pandemic as people return to work by opting for a flexible working space, with the Asia-Pacific region reporting a higher utilisation rate than other regions, according to The Great Room, an operator of co-working spaces.
Sansiri unveils new structure after departure of Srettha
Business, Kanana Katharangsiporn, Published on 03/11/2023
» SET-listed developer Sansiri has undergone a major restructuring since former chief executive Srettha Thavisin entered politics.
Charn Issara upbeat on revenue growth target
Business, Kanana Katharangsiporn, Published on 11/10/2023
» SET-listed Charn Issara Development is confident it can achieve its revenue growth target this year, driven by the recovery of the tourism sector and the completion of two condo projects this quarter.