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BUSINESS

Tile producers forecast uptick in demand

Business, Kanana Katharangsiporn, Published on 12/05/2023

» Ceramic tile producers SCG Ceramics Plc and Dynasty Ceramic Plc are anticipating a resurgence in demand in the low-end market in the third quarter of 2023, following the establishment of a new government.

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BUSINESS

Lalin unfazed by LTV change, eyes 10% growth

Business, Kanana Katharangsiporn, Published on 10/01/2023

» SET-listed developer Lalin Property Plc is aiming for growth of at least 10% in 2023 as the normal loan-to-value (LTV) limits will have a minimal impact on target customers in the real demand segment.

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BUSINESS

Sansiri anticipates record net profit

Business, Kanana Katharangsiporn, Published on 07/12/2022

» SET-listed developer Sansiri is expecting to secure a record-high net profit in 2022, besting the 3.5 billion baht posted in 2015, resulting from its strategy to maximise cash flow during the pandemic.

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BUSINESS

Business leaders back U-turn on land sales

Business, Kanana Katharangsiporn, Published on 09/11/2022

» The government's decision to withdraw its proposal to sell land to prospective foreign investors has been supported by key business leaders, with the move seen as having no significant impact on the Thai property market.

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BUSINESS

LTV changes set to hit housing market

Business, Kanana Katharangsiporn, Published on 05/11/2022

» The residential market will contract by 10% next year as the easing of loan-to-value (LTV) measures for mortgages expires on Dec 31, 2022, says SET-listed developer Supalai.

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BUSINESS

Frasers Property Thailand details new green blueprint

Business, Kanana Katharangsiporn, Published on 30/09/2022

» Integrated developer Frasers Property (Thailand) Plc (FPT) continues its journey towards meeting environmental, social and governance (ESG) as well as sustainability goals as it aims to be a net-zero carbon corporation by 2050.

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BUSINESS

Scoot hopeful to increase seat capacity by year-end

Business, Kanana Katharangsiporn, Published on 05/09/2022

» Scoot, the low-cost subsidiary of Singapore Airlines, is hoping to increase its seat capacity to 80% of the level recorded before the Covid-19 pandemic by the end of the year, before adding more flights to match or outpace previous levels in the first half of 2023.

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BUSINESS

Providing home options in Pattaya

Business, Kanana Katharangsiporn, Published on 27/08/2022

» After Covid-19 hit the condo market, investment property developer Habitat Group decided to shift to low-rise houses focused on branded residences and vacation homes in Pattaya, aiming to increase its low-rise portfolio from 20% to 40% in a few years.

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BUSINESS

FPIT allots B4bn to expand warehouses, factories

Business, Kanana Katharangsiporn, Published on 05/08/2022

» Industrial estate developer Frasers Property Industrial (Thailand) or FPIT will spend 4 billion baht to expand new warehouses, built-to-suit factories and city micro storage centres to capitalise on rising demand.

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BUSINESS

Bullish Standard targets 2nd-tier cities

Business, Kanana Katharangsiporn, Published on 21/07/2022

» Standard International, a hospitality subsidiary of SET-listed developer Sansiri Plc, plans to tap second-tier cities like Ayutthaya and Rayong with Bunkhouse, its boutique brand.