Showing 1 - 10 of 34
Frasers Property seeks 11% annual revenue growth
Business, Kanana Katharangsiporn, Published on 28/01/2025
» As risks and uncertainties persist in 2025, SET-listed developer Frasers Property (Thailand) (FPT) aims to maintain investments and new project launches at last year's levels, targeting 11% annual revenue growth to 16 billion baht.
ThaiBev to shed property assets in share swap
Reuters and Kanana Katharangsiporn, Published on 18/07/2024
» Thai Beverage, Southeast Asia’s biggest brewer, plans to divest its real estate assets and become a pure-play drinks and food company in a share swap with other companies held by its owner, billionaire Charoen Sirivadhanabhakdi.
Vietnam plans to raise booze consumption tax from 65% to 100% by 2030
Reuters, Published on 14/06/2024
» HANOI: Vietnam's Finance Ministry has proposed to hike a special consumption tax on alcoholic drinks to 100% by 2030, the ministry said, a move that may further hurt the country's beverage industry.
Asian shares get lift from US tech results
Business, Nuntawun PolkuamdeeNareerat Wiriyapong, Published on 27/04/2024
» RECAP: Asian shares rose yesterday, led by tech firms after strong earnings reports from Microsoft and Alphabet on Wall Street. But investors are becoming resigned to the idea that US interest rate cuts are probably many more months away.
Frasers Property Thailand Launches AEI for Enhanced Bangkok Office Spaces
Published on 01/03/2024
» In light of a fluctuating business office demand due to economic uncertainties, Thailand's prime commercial spaces anticipate an influx of both local and international firms seeking strategic Central Business District (CBD) locations in Bangkok. Addressing this, Frasers Property (Thailand) Public Company Limited (FPT), the nation’s pioneering integrated real estate platform, is set to enhance two of its Grade-A office properties, Sathorn Square and Park Ventures, through an Asset Enhancement Initiative (AEI). Managed by Golden Ventures Leasehold Real Estate Investment Trust (GVREIT), the initiative is scheduled to commence in March 2024 and conclude by October 2024, with a budget of 200 million baht.
Stocks recover after slipping on tough talk from Fed
Business, Nuntawun Polkuamdee & Nareerat Wiriyapong, Published on 23/09/2023
» RECAP: Most stock markets rose on Friday, reversing early losses and a sell-off on Wall Street, as traders contemplate further interest-rate increases by central banks struggling to tame inflation.
FPH pivots to luxury single detached home sector
Business, Kanana Katharangsiporn, Published on 04/02/2023
» As the impact of the pandemic slows the townhouse market, developer Frasers Property Home (Thailand) or FPH is shifting to luxury single detached houses as well as adding a condo development business.
Frasers Property Thailand details new green blueprint
Business, Kanana Katharangsiporn, Published on 30/09/2022
» Integrated developer Frasers Property (Thailand) Plc (FPT) continues its journey towards meeting environmental, social and governance (ESG) as well as sustainability goals as it aims to be a net-zero carbon corporation by 2050.
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.
Frasers shifting focus as pandemic hits homebuyers
Business, Kanana Katharangsiporn, Published on 23/02/2022
» Residential developer Frasers Property Home (Thailand) will shift to single detached houses and the upper-end segment as the pandemic has hit purchasing power of townhouse buyers and middle-to low-income earners.