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BUSINESS

Pattaya's new condo supply sags

Business, Kanana Katharangsiporn, Published on 07/09/2020

» New condo supply launched in Pattaya dipped 95% in the first half because of the glut of unsold units last year and a drop in foreign demand during the pandemic.

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BUSINESS

Industrial estates set to expand

Business, Kanana Katharangsiporn, Published on 08/02/2021

» Despite risks from the travel ban, a delay in vaccine distribution and new tensions in US-China trade, the Eastern Economic Corridor (EEC) and e-commerce are expected to continue spurring industrial property growth, in part thanks to stimulus plans and government investment in infrastructure and transport projects.

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BUSINESS

Developers seek higher home ceiling price

Business, Kanana Katharangsiporn, Published on 21/09/2021

» The ceiling price of homes under the government's mortgage loan scheme should be higher to help both local homebuyers and the property market in eastern provinces, while foreign ownership quotas for condos should be raised to boost demand from overseas.

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BUSINESS

Jorakay aiming to utilise state infrastructure projects

Business, Kanana Katharangsiporn, Published on 29/04/2022

» Jorakay Corporation Co, a manufacturer of tile adhesive, grout products and construction chemicals under the Crocodile brand, is diversifying towards government jobs to capitalise on 800-billion-baht infrastructure projects to cushion a slowdown in private investment.

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BUSINESS

Revolutionising retail: KE Group and Ally Reit join forces to launch Ally Sky rewards

Business, Kanana Katharangsiporn, Published on 26/06/2023

» KE Group has partnered with Ally Leasehold Real Estate Investment Trust (REIT) to revolutionise the retail sector with the introduction of the Ally Sky Rewards application. This loyalty programme will cater to shoppers in 11 shopping malls within Ally REIT's portfolio, making it Thailand's first loyalty programme that covers all shops across different mall brands.

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GENERAL

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.