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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.

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PROPERTY

Sena joins forces with Leo in warehouse, self-storage move

Business, Kanana Katharangsiporn, Published on 30/06/2022

» SET-listed developer Sena Development is joining hands with MAI-listed logistics service provider Leo Global Logistics to develop self-storage units and warehouses in Lat Krabang, Bang Na-Trat and Wang Noi to diversify and cut development costs.

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PROPERTY

Hongkong Land bullish on Bangkok

Business, Kanana Katharangsiporn, Published on 09/06/2022

» Hong Kong-based investment group Hongkong Land is bullish about property development in Bangkok, with plans for at least three new luxury residential and commercial projects through joint ventures with three large developers.

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PROPERTY

Singha Estate upbeat on raising hotel income

Business, Kanana Katharangsiporn, Published on 31/05/2022

» SET-listed property firm Singha Estate Plc is expecting double growth in hotel income this year and a significant increase in residential revenue from the return of foreign arrivals in the second half after the country's reopening.

BUSINESS

CNT slashes 2022 revenue expectations

Business, Kanana Katharangsiporn, Published on 25/05/2022

» SET-listed contractor Christiani & Nielsen Thai (CNT) downgraded its 2022 revenue target by 5% to 6.2 billion baht, after it won a disappointing number of new contracts in the first five months of this year.

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PROPERTY

Origin preps launch of 5 residential projects with partner Lofis

Business, Kanana Katharangsiporn, Published on 24/05/2022

» SET-listed developer Origin Property Plc has partnered with Hong Kong-based investment group Lofis to develop five residential projects worth 5-10 billion baht, with buyers from Hong Kong expected to resume property purchases in October.

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PROPERTY

Bangkok demand to rise in H2

Business, Kanana Katharangsiporn, Published on 20/05/2022

» A property website predicts Bangkok residential demand in the second half will continue to rise after a rebound in the first quarter, led by low-rise houses, though condos grew at a snail's pace.

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BUSINESS

Raimon eyes emerging markets to boost income

Business, Kanana Katharangsiporn, Published on 13/05/2022

» SET-listed developer Raimon Land Plc will shift to data centres, branded residential development and low-rise houses to tap emerging markets which will improve its annual revenue.

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BUSINESS

Ceramic tile makers set out expansion plans

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

» Two large producers of ceramic tiles -- SCG Ceramics Plc and Dynasty Ceramic Plc -- will open new stores and expand existing outlets nationwide as domestic demand recovers, following the country's reopening.