Showing 1 - 8 of 8
CG Capital to invest B5bn in Phuket, Samui hotels
Business, Kanana Katharangsiporn, Published on 21/10/2025
» CG Capital Advisory, the private equity arm of Central Group, plans to invest over 5 billion baht to develop five hotels in Phuket and Samui, alongside the launch of the InterContinental Residences Bangkok Asoke, a 5.5-billion-baht condominium project.
Noble investor to take control
Business, Kanana Katharangsiporn, Published on 11/09/2025
» The co-chief executive of SET-listed Noble Development, currently its second-largest shareholder, is set to become its largest shareholder, with restructuring expected to be completed by mid-2026 as part of the company's transition plans.
A closer look at Phuket's boom
Kanana Katharangsiporn, Published on 04/11/2024
» The Phuket property market is expected to prolong its growth after posting another record high this year.
Damac keen on branded residences after data centres
Kanana Katharangsiporn, Published on 12/10/2024
» Damac Group, a property developer from the United Arab Emirates, is looking to invest in a branded residence project in Bangkok through a joint venture with a local developer following its US$1 billion investment in data centres this year.
Hunting for a place at the financial table
Wichit Chantanusornsiri, Published on 16/08/2024
» Amid the wreckage of the 1997 Asian financial crisis, also known as the "Tom Yum Kung" crisis, the Thai financial sector worked to develop a strong and resilient infrastructure.
UHG expects 10% revenue hike this year
Business, Kanana Katharangsiporn, Published on 05/01/2024
» Commercial property developer UHG expects revenue growth of 10% to 2.2 billion baht in 2024, with Chinese tourist arrivals potentially returning in the third quarter of the year.
Partners co-develop Phuket villa project
Kanana Katharangsiporn, Published on 18/09/2023
» Amid a foreign purchasing boom led by Russians, MontAzure has partnered with local developer Botanica Luxury Phuket to develop villas priced 49-170 million baht on Kamala Beach targeting overseas buyers.
Mainland buyers seek quick move amid zero-Covid fears
Business, Kanana Katharangsiporn, Published on 07/02/2023
» Ready-to-move-in condos in Thailand are attracting Chinese buyers as the majority of them want to speed up relocation to the country due to concerns over the future of Beijing's zero-Covid policy.