Showing 1 - 10 of 17
Robot cleaners to bolster IFS revenue
Business, Kanana Katharangsiporn, Published on 08/04/2024
» Facility management firm Integrated Facility Solutions (IFS) aims to achieve revenue growth of 20% per year by introducing floor-cleaning robots from Japanese firm SoftBank Robotics to help ease labour costs.
Developers want foreign quotas to be hiked
Kanana Katharangsiporn, Published on 17/04/2024
» Foreign ownership quotas for condos should be increased in certain areas to stimulate the economy as increasing demand from foreign buyers last year is expected to continue this year.
Reaping the property stimulus rewards
Business, Kanana Katharangsiporn, Published on 18/04/2024
» The cabinet last week offered Thai New Year's gifts to potential homeowners, approving measures that extend the price range of houses eligible for a cut in transfer and mortgage registration fees to 7 million baht, up from a ceiling of 3 million baht.
Amending property rules likely to spur sales
Business, Kanana Katharangsiporn, Published on 19/04/2024
» Amending obsolete rules regarding property development can improve home purchasing power, enabling homebuyers to afford units, say developers.
Stimulus expected to spur developer confidence in Q2
Business, Kanana Katharangsiporn, Published on 20/04/2024
» Sentiment among housing developers is expected to significantly improve in the second quarter following the implementation of property stimulus measures approved earlier this month.
Residential prices to rise in second half
Kanana Katharangsiporn, Published on 22/04/2024
» The price index for new residential supply in Greater Bangkok should continue to rise in the second half as older inventory is absorbed following property stimulus measures starting this month, according to a research firm.
Office demand turns negative in 1st quarter
Business, Kanana Katharangsiporn, Published on 25/04/2024
» The office market recorded negative absorption in the first quarter of 2024, ending a consecutive seven-quarter rise from mid-2022, as demand shifted from non-green to green spaces and downsized offices, according to property consultant Knight Frank Thailand.
Siamese Asset wary of new investments
Business, Kanana Katharangsiporn, Published on 30/04/2024
» SET-listed developer Siamese Asset will be cautious about new investments and focus on generating revenue from projects launched earlier, as well as reducing expenses during 2024-26 due to unfavourable financial market conditions.
Jorakay plans new factory in Vietnam
Business, Kanana Katharangsiporn, Published on 02/05/2024
» Jorakay Corporation, a manufacturer of tile adhesive, grouting products and construction chemicals under the Crocodile brand, plans to invest 300 million baht in 2028 to set up a factory in Vietnam to tap strong demand and expand its export base to the Philippines and Indonesia.
Banyan returns to where it all began
Business, Kanana Katharangsiporn, Published on 04/05/2024
» After expanding to 22 countries over the past 30 years, hospitality-led property developer Banyan Group has returned to Phuket, the destination where it began.