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BUSINESS

CPN, Grand Canal Land to develop mixed-use project

Business, Kanana Katharangsiporn, Published on 18/08/2022

» SET-listed retail and property developer Central Pattana Plc (CPN) will have a joint venture with one of its subsidiaries Grand Canal Land Plc (GLAND) to develop a mixed-use project on a 48-rai plot on Phahon Yothin Road.

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BUSINESS

FPIT allots B4bn to expand warehouses, factories

Business, Kanana Katharangsiporn, Published on 05/08/2022

» Industrial estate developer Frasers Property Industrial (Thailand) or FPIT will spend 4 billion baht to expand new warehouses, built-to-suit factories and city micro storage centres to capitalise on rising demand.

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BUSINESS

Sena rolls out leasing option

Business, Kanana Katharangsiporn, Published on 06/08/2022

» As a rise in interest rates will lower home purchasing power, SET-listed developer Sena Development Plc plans to lower the prices of residential units and offer a leasing programme to help homebuyers own a unit more easily.

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BUSINESS

Labour shortages hold back tourism recovery

Business, Kanana Katharangsiporn, Published on 20/07/2022

» Despite tourism's gradual recovery around the world, inflation and labour shortages remain big challenges for the hospitality industry, according to IHG Hotels & Resorts.

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BUSINESS

BDMS unit adds 2nd Samui branch amid wellness boom

Business, Kanana Katharangsiporn, Published on 25/07/2022

» BDMS Wellness Clinic, a subsidiary of Bangkok Dusit Medical Services Plc, has launched a second branch at its Celes Samui resort to capitalise on the growth of wellness tourism, which is expanding by more than 20% per year.

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BUSINESS

Bullish Standard targets 2nd-tier cities

Business, Kanana Katharangsiporn, Published on 21/07/2022

» Standard International, a hospitality subsidiary of SET-listed developer Sansiri Plc, plans to tap second-tier cities like Ayutthaya and Rayong with Bunkhouse, its boutique brand.

BUSINESS

Homes in demand near industrial zones

Business, Kanana Katharangsiporn, Published on 11/07/2022

» The overall absorption rate of residential supply in three key eastern provinces in the first quarter this year soared to 4.7% from 2.6% at the end of 2021 due largely to strong demand for low-rise houses among those employed in the industrial sector.

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BUSINESS

Kanda looks to diversify for growth

Business, Kanana Katharangsiporn, Published on 29/06/2022

» Low-rise housing developer Kanda Property Co will diversify to condo, hotel and wellness in the next few years and plans to launch six new projects worth a combined 4.7 billion baht in 2022, aiming for a growth of 10% in presales and revenue.

BUSINESS

O2E Supply expects 65% growth in sales

Business, Kanana Katharangsiporn, Published on 14/06/2022

» O2E Supply Co, an importer of high-end engineered wood for flooring and decorative interior walls, expects sales growth of more than 65% this year, driven by a robust luxury residential market.

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BUSINESS

Veranda to launch villa, condo projects

Business, Kanana Katharangsiporn, Published on 17/06/2022

» Resort and real estate development firm Veranda Resort Plc plans to launch villa and condo projects in Phuket and Hua Hin worth a combined 1 billion baht in the second half after seeing a strong tourism recovery.