Showing 1 - 10 of 61
Construction, property shift tactics
Business, Kanana Katharangsiporn, Published on 07/04/2026
» The construction and property sectors are being forced to adjust strategies and build greater resilience to cope with volatile energy prices, as the Middle East conflict drives up both energy and construction material costs, according to Siam Commercial Bank Economic Intelligence Center (EIC).
Centara, OR prep rollout of budget hotels
Business, Published on 02/04/2026
» Centara Hotels & Resorts plans to launch new budget hotels in partnership with PTT Oil and Retail Business Plc (OR) as early as next year.
SC Asset persists with shift to non-residential business
Kanana Katharangsiporn, Published on 10/03/2026
» SET-listed developer SC Asset Corporation will continue shifting towards non-residential business, aiming to increase its contribution to net profit to 30% by 2030 from 20% last year.
Pressured property developers look to adapt
Kanana Katharangsiporn, Published on 29/12/2025
» The residential property market closed 2025 under heavy pressure from weak purchasing power, tight mortgage lending and external shocks, prompting developers to recalibrate strategies for 2026 around affordability, risk management and liquidity preservation.
Origin plans 17 hotels, 2 retail projects
Kanana Katharangsiporn, Published on 16/12/2025
» Origin Hotel plans to invest about 7.5 billion baht per year from 2026 to 2030 to develop 17 hotels and two retail projects through joint ventures with partners using a develop-operate-sell model.
SCX allots B2bn for second Pattaya hotel
Business, Kanana Katharangsiporn, Published on 22/10/2025
» SCX Corporation, the recurring-income asset management arm of SET-listed developer SC Asset Corporation, plans to invest 2 billion baht to develop a second hotel in Pattaya, and is seeking a joint venture partner for the project.
Bangkok land prices decline in 2nd quarter
Business, Kanana Katharangsiporn, Published on 31/07/2025
» The price index for vacant land in Greater Bangkok fell in the second quarter of 2025 after two consecutive quarterly increases, mainly attributed to the economic slowdown and the postponement of Bangkok's new city plan implementation to 2027.
Ascott targets Thailand as travel market transforms
Business, Kanana Katharangsiporn, Published on 07/07/2025
» The Ascott Ltd, a Singapore-based serviced residence and hotel operator, is focusing on Thailand as shifting travel patterns and evolving guest expectations reshape the hospitality landscape.
Building owners choose to sell up as taxes start to bite
Business, Kanana Katharangsiporn, Published on 13/05/2025
» The land and building tax is continuing to force outdated and less competitive offices, apartments and hotels to exit the market, with many putting their assets up for sale or lease in the tourism sector.
Foreign condo purchases decline 6.8% in value
Business, Kanana Katharangsiporn, Published on 22/04/2025
» Condo transfers to foreign buyers in Thailand rose by 0.86% last year, but the total value declined by 6.8%, reflecting concerns over a weakening global economy that may face additional pressure from the US's tariff policies.