Showing 1 - 10 of 10
Developers suffer in Q1 amid stagnant economy
Business, Kanana Katharangsiporn, Published on 22/05/2025
» Nearly all Stock Exchange of Thailand (SET)-listed residential developers with quarterly revenue of at least 2.5 billion baht reported year-on-year declines in both revenue and net profit in the first quarter, mainly due to the economic slowdown and higher mortgage loan rejection rates.
AOT eyes Phuket airport upgrade
Achadthaya Chuenniran, Published on 16/05/2025
» Airports of Thailand (AOT) plans to upgrade Phuket International Airport to support up to 18 million passengers per year by 2029.
Survival strategy of developers
Kanana Katharangsiporn, Published on 31/03/2025
» SET-listed developers are exploring ways to diversify risks and increase revenue as the residential slowdown lingers, with projections indicating it will persist for a few more years.
Centara opens 2 new Maldives hotels
Business, Molpasorn Shoowong, Published on 19/02/2025
» As the Maldives shifts to a family-friendly destination, Centara Hotels & Resorts (CHR) has launched two new hotels catering to this rising segment, investing more than US$200 million.
Govt to exhibit units for low-income Thais
News, Mongkol Bangprapa, Published on 14/01/2025
» Registration for a new housing project for low-income individuals and new graduates in the country will begin on Jan 20, according to Transport Minister Suriya Jungrungreangkit.
CPN allots B1bn to enlarge Phuket mall
Kanana Katharangsiporn, Published on 02/12/2024
» Retail and property developer Central Pattana Plc (CPN) has earmarked 1 billion baht to expand Central Phuket's Floresta Zone with an additional 20,000 square metres for luxury brands catering to high-end customers, 70% of whom are foreigners.
Sansiri confident in Phuket's potential as economic driver
Business, Published on 29/11/2024
» Sansiri Plc, a leading real estate developer in Thailand, has reaffirmed its commitment to Phuket, emphasising the island's potential as a key strategic hub for driving economic growth.
LH rejigs towards recurring income
Kanana Katharangsiporn, Published on 27/01/2024
» SET-listed developer Land & Houses has reshaped its investment portfolio, amplifying its focus on recurring income properties, particularly hotels in Thailand and the US, while reducing investments in residential development.
Korat registers rapid rebound
Business, Kanana Katharangsiporn, Published on 07/04/2022
» After the pandemic slowdown hit the economy in 2020, the residential market in Nakhon Ratchasima is recovering, driven by strong demand from those working for industrial estates, according to property developers.
Historic Hua Lamphong station to take on new life under SRT development plans
News, Supoj Wancharoen, Aye Kein Kam and Karnkana Karnjanatawe, Published on 28/11/2021
» The sound of a station bell faded while a train was about to leave its platform at Bangkok's Hua Lamphong station. Soon the bell will not be used while the century-old train station will become history when it is closed down next month.