Showing 1 - 10 of 16
Developers' Q1 profits plunge to decade-low
Business, Kanana Katharangsiporn, Published on 04/06/2025
» The first-quarter net profit of 10 SET-listed residential developers has fallen to 3.56 billion baht, the lowest level in over a decade and less than half the five-year average, attributed to the economic slowdown and sluggish housing demand, Kasikorn Securities reported.
Estate developers set to thrive
Business, Kanana Katharangsiporn, Published on 22/01/2025
» Rental rates for factory and warehouse space are expected to continue rising, but will remain below pre-pandemic levels, unlike industrial land sales, which have recorded strong demand, primarily from Chinese investors who prefer buying over renting.
Supply glut likely to keep prices attractive
Business, Kanana Katharangsiporn, Published on 21/01/2025
» Prospective homebuyers are likely to benefit from attractive prices this year as developers are expected to scale back on new project launches and prioritise clearing unsold inventory to generate cash amid unfavourable market sentiment and intense competition.
Land & Houses seen taking more cautious approach
Business, Kanana Katharangsiporn, Published on 14/01/2025
» A weak market in the fourth quarter of 2024 could lead Land & Houses (LH) and its subsidiary, Quality Houses (QH), to adopt a more cautious approach to new project launches in 2025, according to Kasikorn Securities.
NT pauses OneWeb satellite deal
Business, Komsan Tortermvasana, Published on 26/06/2024
» Last week the board of state telecom enterprise National Telecom (NT) put the brakes on the master service agreement between itself and OneWeb, a low Earth orbit (LEO) constellation satellite service owned by the Eutelsat Group, giving NT's legal subcommittee 30 days to scrutinise the conditions and legal terms and evaluate the benefits in the contract.
Staying afloat in a turbulent market
Business, Molpasorn Shoowong, Published on 23/03/2024
» With tourists from around the world flocking back to Thailand, tourism operators are competing by upgrading their quality and offering unique services to capture strong demand.
Akara Resources able to restart gold mining
Business, Chatrudee Theparat, Published on 27/01/2022
» Akara Resources Plc, a gold mining company operating in the lower northern region, will be allowed to resume its mining operations if it can manage its operations in compliance with stricter requirements under the amended Minerals Act 2017, according to Deputy Prime Minister Wissanu Krea-ngam.
Restoring faith in travel
Business, Dusida Worrachaddejchai, Published on 11/10/2021
» The Delta variant caused high infection rates in the country this year, with more Thais looking for ways to cope.
Principal Asset keen on Europe, Vietnam
Business, Nuntawun Polkuamdee, Published on 27/08/2021
» European and Vietnamese stocks, including Asia-Pacific real estate investment trusts (REITs), are expected to see significant growth in the second half this year, given their projected economic recoveries and progress in vaccinations, says Principal Asset Management.
The local touch
Business, Dusida Worrachaddejchai, Published on 22/03/2021
» The pandemic hit the tourism industry the hardest, which is expected to take several years to fully recover. Yet some folks are looking at this period as an opportunity to accelerate the move towards sustainability.