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BUSINESS

Housing projects gain ground while condos fade, says REIC

Business, Piyachart Maikaew, Published on 20/05/2015

» New residential units in Greater Bangkok are expected to increase by 3-5% this year as the government revs up its budget disbursement and construction of new mass transit lines.  

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BUSINESS

Eight Sansiri projects cleared for launch

Business, Piyachart Maikaew, Published on 21/05/2015

» SET-listed developer Sansiri Plc (SIRI) will launch eight condominium projects worth a combined 21 billion baht this year as planned, encouraged by the recovering economy, low interest rates and the government's infrastructure plans.

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BUSINESS

Luxury condo market hot

Business, Piyachart Maikaew, Published on 23/05/2015

» The number of new condominiums in Bangkok’s central business district (CBD) is expected to surge 64% to 12,000 units this year, 70% of them driven by the high-end and luxury segments, says property consultancy CB Richard Ellis (Thailand).

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BUSINESS

Toyota downbeat on full-year sales view

Business, Piyachart Maikaew, Published on 22/05/2015

» Toyota Motor Thailand Co (TMT) yesterday conceded that local sales of its commercial and passenger vehicles would drop this year as the market struggles to recover.

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BUSINESS

Property Perfect cuts 2015 forecast

Business, Piyachart Maikaew, Published on 22/05/2015

» SET-listed developer Property Perfect Plc (PF) has cut this year's presales forecast to 15.5 billion baht from 18 billion, blaming the country's unfavourable industry and economic prospects.

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BUSINESS

Eco-cars propel auto exports

Business, Piyachart Maikaew, Published on 26/05/2015

» Thailand's automobile exports continued to rise last month, driven by eco-cars, helping to offset tepid domestic sales.

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BUSINESS

Auto parts makers predict export bounce after poor Q1

Business, Piyachart Maikaew, Published on 25/05/2015

» Auto parts exporters remain confident that shipments will grow this year despite a first-quarter contraction.

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BUSINESS

Testing centre coming at last

Business, Piyachart Maikaew, Published on 28/05/2015

» The long-delayed automotive testing centre looks set to get off the ground, with the cabinet expected to approve financial support within the next three months.

BUSINESS

Aapico trims view as car output slows

Business, Piyachart Maikaew, Published on 29/05/2015

» SET-listed auto parts maker Aapico Hitech Plc (AH) has cut its sales outlook for the year after first-quarter results were lower than expected.

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BUSINESS

Nissan still upbeat on eco-cars

Business, Piyachart Maikaew, Published on 03/06/2015

» Japanese car maker Nissan Motor (Thailand) remains committed to its new investment in the second phase of the government-promoted eco-car scheme even though an exact production time frame has yet to be decided.