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BUSINESS

Zero-Covid policy hitting condo transfers

Business, Kanana Katharangsiporn, Published on 21/06/2022

» The number of condos transferred to foreigners in the first quarter this year continued to decline as citizens of China, the leading market, remain hampered by stringent travel regulations, according to the Real Estate Information Center.

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BUSINESS

Building castles in the sky

Business, Kanana Katharangsiporn, Published on 04/06/2022

» Frasers Property Holdings (Thailand), owned by billionaire Charoen Sirivadhanabhakdi's youngest son Panote, plans to continue with mixed-use developments after completion of the massive One Bangkok.

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BUSINESS

BTS ridership to exceed pre-Covid level

Business, Kanana Katharangsiporn, Published on 10/06/2022

» The reopening of schools, a rebound in foreign tourist arrivals and the full operation of extension sections should increase skytrain ridership to exceed pre-pandemic levels, according to BTS Group Holdings Plc.

BUSINESS

NVD readies seven new projects for second half

Business, Kanana Katharangsiporn, Published on 23/05/2022

» After freezing new project launches for almost two years, SET-listed developer Nirvana Daii (NVD) plans to introduce seven new residential projects worth a combined 11 billion baht in the second half.

BUSINESS

CNT slashes 2022 revenue expectations

Business, Kanana Katharangsiporn, Published on 25/05/2022

» SET-listed contractor Christiani & Nielsen Thai (CNT) downgraded its 2022 revenue target by 5% to 6.2 billion baht, after it won a disappointing number of new contracts in the first five months of this year.

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BUSINESS

Ceramic tile makers set out expansion plans

Business, Kanana Katharangsiporn, Published on 11/05/2022

» Two large producers of ceramic tiles -- SCG Ceramics Plc and Dynasty Ceramic Plc -- will open new stores and expand existing outlets nationwide as domestic demand recovers, following the country's reopening.

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BUSINESS

Warehouses thrive as e-commerce booms

Business, Kanana Katharangsiporn, Published on 17/05/2022

» With an improving pandemic outlook, the logistics and warehouse sector is continuing to grow, mainly attributed to robust e-commerce business and rising demand from the electronics and automotive industries following the country's reopening.

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BUSINESS

Raimon eyes emerging markets to boost income

Business, Kanana Katharangsiporn, Published on 13/05/2022

» SET-listed developer Raimon Land Plc will shift to data centres, branded residential development and low-rise houses to tap emerging markets which will improve its annual revenue.

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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

CBRE's advice for navigating the property market's ups and downs

Business, Kanana Katharangsiporn, Published on 23/04/2022

» Professionalism, reliability and agility have been key to helping property consultancy CBRE Thailand ride the cycle of ups and downs in the Thai property sector over the past 34 years.