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Search Result for “strait of hormuz closure”

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PROPERTY

KKP sees housing prices rising 10% amid oil crisis

Business, Somruedi Banchongduang, Published on 08/04/2026

» Kiatnakin Phatra Financial Group (KKP) forecasts that a surge in global oil prices will push housing prices up by 10% this year, primarily affecting homebuyers in the mass-market segment.

PROPERTY

Construction, property shift tactics

Business, Kanana Katharangsiporn, Published on 07/04/2026

» The construction and property sectors are being forced to adjust strategies and build greater resilience to cope with volatile energy prices, as the Middle East conflict drives up both energy and construction material costs, according to Siam Commercial Bank Economic Intelligence Center (EIC).

PROPERTY

Developers suffer in Q1 amid stagnant economy

Business, Kanana Katharangsiporn, Published on 22/05/2025

» Nearly all Stock Exchange of Thailand (SET)-listed residential developers with quarterly revenue of at least 2.5 billion baht reported year-on-year declines in both revenue and net profit in the first quarter, mainly due to the economic slowdown and higher mortgage loan rejection rates.

PROPERTY

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.

PROPERTY

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.

PROPERTY

Historic Hua Lamphong station to take on new life under SRT development plans

News, Supoj Wancharoen, Aye Kein Kam and Karnkana Karnjanatawe, Published on 28/11/2021

» The sound of a station bell faded while a train was about to leave its platform at Bangkok's Hua Lamphong station. Soon the bell will not be used while the century-old train station will become history when it is closed down next month.