Showing 1 - 10 of 25
Onyx preps launch of REIT worth B6.5bn
Business, Molpasorn Shoowong, Published on 11/06/2025
» Onyx Hospitality Group is planning to launch its real estate investment trust (REIT), combining four properties worth 6.5 billion baht within this year, and aims to double its value to 15 billion baht within five years.
Illegal hotel woes plague Bangkok
Business, Molpasorn Shoowong and Narumon Kasemsuk, Published on 04/03/2025
» Despite complaints from residents and the Bangkok Metropolitan Administration's (BMA) recognition of the issue, a condo building in Sukhumvit 11 developed by an SET-listed company has not been able to prevent half of the 450 units from being illegally rented out on a daily basis via online platforms, reflecting the critical situation concerning weak law enforcement in Thailand.
Centre Point Group to upgrade four hotels
Business, Molpasorn Shoowong, Published on 21/02/2025
» Centre Point Group, a hospitality subsidiary of SET-listed developer Quality Houses, plans to upgrade its four hotels in Bangkok to the premium segment within three years.
Susco, IFS launch Beyond Leasing
Business, Yuthana Praiwan, Published on 31/07/2024
» SET-listed Susco Plc, a local oil retailer, is putting a greater emphasis on non-oil businesses by establishing electric vehicle (EV) and car financing businesses as part of its efforts to depend less on the oil trade, which is prone to global price fluctuations.
AWC allots B10bn for Phenix
Business, Molpasorn Shoowong, Published on 17/06/2024
» SET-listed Asset World Corp (AWC) has launched Phenix, a 10-billion-baht wholesale and retail food centre, to capture consistent demand in the tourism and food segments.
Operators vie with inflation, high interest rates
Business, Molpasorn Shoowong, Published on 27/05/2024
» Despite an upbeat projection for the Thai tourism industry, some businesses are struggling with high inflation and elevated interest rates, which require government action to remedy, according to Onyx Hospitality Group.
AWC banking on high-spending tourists
Business, Molpasorn Shoowong, Published on 01/03/2024
» SET-listed Asset World Corp (AWC) remains bullish on high-spending tourists and plans to invest in several projects valued at 36 billion baht this year.
Susco makes a move into EV services
Business, Yuthana Praiwan, Published on 23/06/2023
» Susco Beyond, a wholly-owned subsidiary of Thai oil retailer Susco Plc, continues to focus on non-oil businesses, including electric vehicles (EVs) under the BYD brand, to diversify from uncertainties in the oil business as prices fluctuate.
Asian equities retreat on US slowdown worries
Business, Nuntawun Polkuamdee, Published on 22/04/2023
» RECAP: Asian and European markets fell yesterday on lingering recession worries as data indicated the US economy was slowing down. Thailand has low recession risk but the SET has slid amid negative global sentiment and falling oil prices.
AWC preps regional wholesale food hub
Business, Pitsinee Jitpleecheep, Published on 20/04/2023
» SET-listed Asset World Corp (AWC) Plc, an integrated lifestyle real estate group, is scheduled to reopen its Pantip Pratunum IT centre, which will be rebranded as AEC Food Wholesale Pratunam in June this year.