Showing 1 - 10 of 150
Eastern Star targets 10% revenue growth
Business, Kanana Katharangsiporn, Published on 08/04/2026
» SET-listed developer Eastern Star Real Estate aims to achieve 10% revenue growth to 2.2 billion baht, focusing on segments with strong sales potential, tightening cost control and doubling cash flow.
Minor banking on asset‑light model
Business, Kanana Katharangsiporn, Published on 24/03/2026
» Minor Hotels, a subsidiary of SET-listed Minor International, plans to rebalance its investment‑heavy portfolio to a 50:50 mix from two‑thirds by prioritising asset‑light and franchise models, aiming to accelerate growth while maintaining selective investments.
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.
Property Perfect plans to sell land, inventory for liquidity
Business, Kanana Katharangsiporn, Published on 13/02/2026
» SET-listed developer Property Perfect has frozen new project launches this year and plans to offer land bank plots and properties worth a combined 4.8 billion baht for sale to strengthen liquidity.
CPN to invest B10bn in green initiatives
Business, Kanana Katharangsiporn, Published on 20/05/2025
» SET-listed Central Pattana (CPN) is planning to invest 10 billion baht from 2025 to 2029 in sustainability programmes, with 600 million baht allocated to green initiatives this year through Central Pattana Green Growth, its newly established subsidiary.
ESR industry investments to top $1bn
Business, Kanana Katharangsiporn, Published on 04/02/2025
» ESR (Thailand), a joint venture between the Hong Kong-based ESR Group and Thai developer Asia Industrial Estate, is expected to exceed its initial investment budget of US$1 billion for 2023–2027 due to strong demand in the industrial sector.
Thai developers' profits set to plunge this year
Business, Kanana Katharangsiporn, Published on 13/12/2024
» The combined profits of listed housing developers are expected to decline by more than 10% this year compared with 2023, driven by intense market competition and aggressive discount campaigns to capture dwindling demand.
Proud eager to enter the Phuket market
Business, Kanana Katharangsiporn, Published on 05/12/2024
» SET-listed developer Proud Real Estate plans to launch three new residential projects worth a combined 9.2 billion baht next year, including its first venture in Phuket to capitalise on the booming luxury residential market.
Samyan Mitrtown to break even in three years
Business, Kanana Katharangsiporn, Published on 21/09/2024
» SET-listed Frasers Property Thailand is expecting the Samyan Mitrtown mixed-use project to break even within three more years, a shorter period than other commercial projects, but longer than initially anticipated because of the pandemic.
Teka changes tack as condos dwindle
Business, Kanana Katharangsiporn, Published on 23/08/2024
» SET-listed contractor Teka Construction has shifted its focus to international schools, hospitals and data centres to compensate for fewer condo projects as demand is dampened by high interest rates.