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BUSINESS

Eastern Star boss targets 15% uptick

Business, Kanana Katharangsiporn, Published on 11/07/2023

» The new managing director of SET-listed developer Eastern Star Real Estate is planning to balance its residential development portfolio, launch three new projects annually in Bangkok and Rayong, and achieve annual growth of at least 10-15%.

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BUSINESS

Revolutionising retail: KE Group and Ally Reit join forces to launch Ally Sky rewards

Business, Kanana Katharangsiporn, Published on 26/06/2023

» KE Group has partnered with Ally Leasehold Real Estate Investment Trust (REIT) to revolutionise the retail sector with the introduction of the Ally Sky Rewards application. This loyalty programme will cater to shoppers in 11 shopping malls within Ally REIT's portfolio, making it Thailand's first loyalty programme that covers all shops across different mall brands.

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BUSINESS

Siamese Asset targets green certification for all new projects

Business, Kanana Katharangsiporn, Published on 10/06/2023

» SET-listed developer Siamese Asset plans to apply for green certification for all of its new projects, hoping to qualify for a green loan from the World Bank Group's International Finance Corporation (IFC).

BUSINESS

Teka puts greater stress on non-condo projects

Business, Kanana Katharangsiporn, Published on 09/06/2023

» Contractor Teka Construction Plc is switching its focus to non-condo projects, housing development and construction materials to reduce its reliance on high-rise residential projects.

BUSINESS

TCMC anticipates limited revenue growth prospects

Business, Kanana Katharangsiporn, Published on 19/05/2023

» Despite a strong recovery in the tourism sector, carpet and furniture maker TCM Corporation Plc (TCMC) expects revenue to remain stagnant in 2023 due to the unfavourable global economic outlook.

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BUSINESS

Call for fast formation of government

Business, Kanana Katharangsiporn, Published on 16/05/2023

» The Khon Kaen Chamber of Commerce is calling for a rapid endorsement of the election results to facilitate the timely injection of the fiscal 2024 budget into the Thai economy.

BUSINESS

Tile producers forecast uptick in demand

Business, Kanana Katharangsiporn, Published on 12/05/2023

» Ceramic tile producers SCG Ceramics Plc and Dynasty Ceramic Plc are anticipating a resurgence in demand in the low-end market in the third quarter of 2023, following the establishment of a new government.

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BUSINESS

Restructuring of SCG Ceramics set to spur revenue growth

Business, Kanana Katharangsiporn, Published on 10/05/2023

» SET-listed SCG Ceramics (COTTO) Plc is expecting its revenue to expand by 2.3 times and anticipates becoming the market leader in Vietnam and the Philippines following its delisting and restructuring process with SCG Decor -- the company's major shareholder.

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BUSINESS

Veyla brand works by building customer loyalty

Business, Kanana Katharangsiporn, Published on 06/05/2023

» Luxury holiday home developer Ideas 1606 Co, known for its Veyla brand, is planning to expand the brand into the wellness sector and explore opportunities to target the foreign market in popular tourist destinations.

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BUSINESS

BIW unveils smart blinds in bid for luxury market

Business, Kanana Katharangsiporn, Published on 02/05/2023

» BIW Products, a manufacturer of curtains and blinds, has launched motion blinds connected to smart home systems to target the upper end of the market, aiming for sales growth of 65% to 200 million baht this year.