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Search Result for “venture”

Showing 1 - 10 of 2,153

PROPERTY

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.

BUSINESS

True Shopping shuts amid expanding digital reboot

Business, Komsan Tortermvasana, Published on 02/04/2026

» True Shopping, operated by True GS, announced the closure of its home shopping business on April 1 after more than 14 years of operation, citing intensifying competition in the retail and e-commerce sectors.

BUSINESS

OR expands EV services amid oil price volatility

Business, Yuthana Praiwan, Published on 01/04/2026

» PTT Oil and Retail Business Plc (OR) is channeling funds into electric vehicle (EV) services to expand its electric mobility business amid rising concerns among motorists over volatile global oil prices.

BUSINESS

AXA highlights local insurance protection gap

Business, Nareerat Wiriyapong, Published on 25/03/2026

» Thailand needs to address the protection gap in the insurance industry to drive growth in the sector, which is critical for the country's economic development and the well-being of its people, says France-based insurer AXA.

PROPERTY

Noble keen to maintain its asset-light strategy

Business, Kanana Katharangsiporn, Published on 13/03/2026

» SET-listed Noble Development plans to maintain its asset-light strategy by seeking partners for joint ventures in new projects and investors to purchase rental condo units, a business it launched late last year.

BUSINESS

Bad loans up for sale dipped by 36% in 2025

Business, Somruedi Banchongduang, Published on 07/03/2026

» The sale of non-performing loans (NPLs) by the banking industry declined by more than 30% last year as banks tightened their management of new bad loans and awaited support measures from the Bank of Thailand.

BUSINESS

Singha Estate keeps emphasis on hotels

Business, Kanana Katharangsiporn, Published on 07/03/2026

» SET-listed Singha Estate plans to maintain its focus on the hospitality business, investing 3-3.5 billion baht to acquire two hotels in Bangkok, the eastern provinces or southern beach destinations as the segment contributed 74% of its total revenue last year.

BUSINESS

Sugar tycoons branch into hotel investments

Business, Kanana Katharangsiporn, Published on 04/03/2026

» The second-generation owners of Rajburi Sugar Group have diversified into hotel investments, spending more than 1.5 billion baht to acquire and renovate Impiana Resort Chaweng Noi in Samui and Pullman Khon Kaen.

BUSINESS

Oakwood to debut in Hat Yai with CPN venture

Business, Published on 28/02/2026

» Central Pattana Plc (CPN), a leading real estate developer in Thailand, has partnered with The Ascott Limited, a global hospitality company and wholly-owned subsidiary of CapitaLand Investment, for the development of Oakwood Central Hat Yai.

BUSINESS

Centara expands into budget hotels

Business, Molpasorn Shoowong, Published on 27/02/2026

» Centara Hotels & Resorts is targeting revenue growth of 15% this year, banking on a recovery in Thai tourism and diversified markets. The company will begin investing in the first phase of six budget hotels from 2026 to 2028 at petrol stations in partnership with PTT Oil and Retail Business (OR).