Showing 1 - 10 of 11
CP All official sold shares before unveiling
Business, Nuntawun Polkuamdee, Published on 18/12/2024
» Korsak Chairasmisak, vice-chairman of CP All (CPALL), sold a big lot of shares of the convenience store operator shortly before CP Axtra (CPAXT) announced its multi-billion-baht investment in a real estate project, resulting in a plunge of both companies' share prices.
Analysts dubious of CP Axtra project
Business, Nareerat Wiriyapong, Published on 18/12/2024
» SET-listed CP Axtra (CPAXT), a wholesale and retail business unit of Charoen Pokphand (CP) Group, plans to invest 12-15 billion baht in a mixed-use real estate development project that has analysts concerned about the company's debt burden and corporate governance.
Foreigners drive Phuket condo segment
Business, Kanana Katharangsiporn, Published on 11/12/2024
» Strong demand from foreign buyers continues to draw Bangkok-based developers to Phuket's condo market as they seek diversification from weak local demand.
CPN banks on countdown activities
Business, Molpasorn Shoowong, Published on 04/12/2024
» Retail and property developer Central Pattana Plc (CPN) has invested 500 million baht in its New Year countdown events across 17 malls in 16 Thai provinces.
SCOPE Langsuan boasts top rental rate
Business, Published on 27/11/2024
» SCOPE Langsuan, a super-luxury freehold condo on Lang Suan Road, has achieved the highest rental rate in Bangkok, reaching 2,500 baht per square metre per month, attributed to strong demand and the limited supply of properties in the area.
Thailand in the region's top 3 for IPOs
Business, Nareerat Wiriyapong, Published on 20/11/2024
» Thailand ranked among the top three initial public offering (IPO) markets in Southeast Asia, representing 26% of total fundraising across the region, with a strong pipeline of IPOs in the consumer, healthcare and real estate sectors, says global consultancy Deloitte.
Projected growth seen boosting housing demand next year
Business, Kanana Katharangsiporn, Published on 19/11/2024
» The projected economic growth for 2025, along with measures to address household debt, support for vulnerable groups and an anticipated increase in foreign arrivals, are expected to boost housing demand after an estimated 4.4% decline in 2024.
Stimulus package slated for year-end
Business, Wichit Chantanusornsiri, Published on 18/11/2024
» The government is poised to introduce an economic booster package at year-end, extending into 2025.
The thorny roots of debt
Business, Post Reporters, Published on 18/11/2024
» Overwhelming debt has been the key issue during economic discussions the past several months, as it contributes to declining car sales and weak demand for property, particularly in the low-income segment.
CPN unveils B700m campaign
Business, Kuakul Mornkum, Published on 30/10/2024
» Retail and property developer Central Pattana Plc (CPN) is joining hands with the Tourism Authority of Thailand (TAT), the Embassy of Finland, Sculptra by Galderma, Finnair and other partners to invest 700 million baht in "The World's Great Celebration 2025" campaign, aiming to elevate the Thai economy and promote the country as a world-class tourist destination.