Showing 1 - 10 of 152
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.
BGRIM raises B7bn via bond issuance
Business, Published on 17/06/2025
» B.Grimm Power Plc (BGRIM), one of Thailand's leading energy producers with a focus on combined cycle co-generation power and renewable power plants domestically and internationally, has successfully completed its senior unsecured debenture issuance with a total offering size of 7 billion baht.
N.C. Housing Plc unveils five projects worth B3bn
Business, Kanana Katharangsiporn, Published on 12/02/2025
» Mid-sized developer N.C. Housing Plc (NCH) plans to launch five new projects worth a combined 3 billion baht to replace sold-out projects, with a target of 4 billion baht in presales and 2 billion baht in revenue.
Bangkok residential supply dip to persist
Business, Kanana Katharangsiporn, Published on 11/02/2025
» Launches of new residential supply in Greater Bangkok will decline for a third consecutive year in 2025, largely attributed to an increase in unsold units carried over from 2024, an uncertain economy and high household debt, according to Kasikorn Research Center.
Asian equities revive after slow start to 2025
Business, Nuntawun Polkuamdee & Nareerat Wiriyapong, Published on 04/01/2025
» RECAP: Asian stocks rose on Friday, aiming to shrug off a lacklustre start to 2025, while the dollar was steady near a two-year high as investors fret about United States interest rates staying higher for longer. Worries about tariffs and China's economy also kept a lid on gains.
Central Plaza Hotel sees revenue increase by 3% in 3rd quarter
Business, Published on 19/11/2024
» Central Plaza Hotel Plc (Centel) has posted an improvement in third-quarter revenue and profit this year.
Corporate bond issuance stymied amid wait for lower rates
Business, Nuntawun Polkuamdee, Published on 09/10/2024
» The value of new corporate bonds dropped 14% during the first nine months of this year to 704 billion baht as market conditions were cool to fundraising, with bond issuers waiting for interest rate reductions, according to the Thai Bond Market Association (ThaiBMA).
Bond defaults total B25bn, but conditions ease this year
Business, Nuntawun Polkuamdee, Published on 13/09/2024
» Corporate bonds worth more than 25 billion baht have postponed payments this year, according to the Thai Bond Market Association (TBMA), noting that fewer defaults are expected for the remainder of 2024 as economic conditions improve, with interest rates on a downward trend.
Bank of Thailand rate cuts expected as US economy slows this year
Business, Nareerat Wiriyapong, Published on 13/08/2024
» The US economy is expected to enter a cyclical slowdown from late 2024 through to 2025, leading the Bank of Thailand to cut its policy rate by as much as 1.5 percentage points next year alone, says KGI Securities (Thailand).
Ailing EA lands cluster of three-year loans worth B8bn
Business, Nareerat Wiriyapong, Published on 10/08/2024
» Thirteen financial institutions and funds have agreed to provide three-year loans worth 8 billion baht to Energy Absolute Plc (EA) to ease the short-term liquidity crunch faced by the embattled renewable energy firm.