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BUSINESS

SCG's solar unit predicts sales of B1bn

Business, Kanana Katharangsiporn, Published on 29/04/2023

» Construction materials producer SCG Cement-Building Materials aims to achieve sales of more than 1 billion baht in solar roof solutions this year, double the tally recorded last year, based on rapidly increasing demand.

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BUSINESS

BIW unveils smart blinds in bid for luxury market

Business, Kanana Katharangsiporn, Published on 02/05/2023

» BIW Products, a manufacturer of curtains and blinds, has launched motion blinds connected to smart home systems to target the upper end of the market, aiming for sales growth of 65% to 200 million baht this year.

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BUSINESS

Karat eyes recovery with 25% sales boost

Business, Kanana Katharangsiporn, Published on 26/04/2023

» Karat Enterprise (Thailand) aims to secure sales growth of 25% this year to reach a record high of 625 million baht, based on a strong recovery in demand following the pandemic.

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BUSINESS

China picked to catapult Thai economy

Business, Kanana Katharangsiporn, Published on 16/03/2023

» China's economic growth and the preference among Chinese for Thai properties should make it a key driver for the Thai economy and property market, according to economic and property analysts.

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BUSINESS

AWC unveils remaking of riverside

Business, Kanana Katharangsiporn, Published on 16/02/2023

» Developer Asset World Corp Plc (AWC) plans to build new riverfront projects near its flagship Asiatique open-air mall, starting with an investment of 800 million baht to refocus the riverside complex as an entertainment hub.

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BUSINESS

FPH pivots to luxury single detached home sector

Business, Kanana Katharangsiporn, Published on 04/02/2023

» As the impact of the pandemic slows the townhouse market, developer Frasers Property Home (Thailand) or FPH is shifting to luxury single detached houses as well as adding a condo development business.

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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

A passion for luxury

Business, Kanana Katharangsiporn, Published on 24/12/2022

» Suriyon Poolvoralaks, a founder and former major shareholder of SET-listed developer Major Development (MJD), has started a new property company, SPJ Land Co, to focus solely on luxury residential development.

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BUSINESS

Office leasing activity skyrockets in Q3

Business, Kanana Katharangsiporn, Published on 28/12/2022

» Tech, legal, accountancy and financial businesses increased Bangkok office occupancy in the third quarter of 2022, with transactions doubling from the second quarter, according to property consultant Knight Frank Thailand.

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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.