Thailand e-commerce continues to grow at a fast pace

Bangkok Condo Finder on November 30th, 2015 with

eCommerce in thailand 2015
It doesn’t take a genius to work out that the average Thai employer and employee in Bangkok is all-but addicted to their smartphone. Equally, it should come as no surprise that arising out of that smartphone compulsion the local e-commerce market just continues to grow and grow. According to the latest available statistics supplied by the Electronic Transactions Development Agency (ETDA) (www.etda.or.th) is set grow by 3.65 percent this year over what were very strong figures last year. In 2014 ...

Mega projects fast-tracked to stimulate the economy

Bangkok Condo Finder on November 25th, 2015 with

Thai projects fast-tracked
The government-controlled Public-Private Partnership (PPP) Committee recently announced plans to fast-track five of its mega projects, which will take a total investment of 334.207 billion baht, in an effort to add some serious stimulus to the Thai economy, which has been in sluggish territory for almost two years now. The government said the process of fast-tracking these five projects, all mass-transit or transport related, would allow bidding from private companies for the various contracts to be completed by the end of ...

Local businesses expanding overseas as a hedge against local downturn

Bangkok Condo Finder on November 13th, 2015 with

Thailand investment
Since the 1997 Asian Financial Crisis, which basically began in Thailand and spread like a contagion to the rest of the Southeast Asian region and beyond, it has been noticeable that many of the stronger and more financially cashed-up local companies have looked to spread their corporate wings beyond Thailand’s shores. Partly this is because they see opportunities in businesses overseas, but for many it may well be a desire to spread their investments so as to mitigate the effects ...

Solar power: could this be Thailand’s economic lifesaver?

Bangkok Condo Finder on November 9th, 2015 with

Solar Power Thailand
Apart from its favourable geographic location at almost the centre of the Southeast Asian region, thereby making it a perfect transit point for goods and services in an arc which encompasses southern China, Vietnam, Cambodia, Laos, Malaysia and Myanmar, Thailand’s climate may well prove to be another major factor in its economic strength. Given its abundant sunshine, Thailand is now looking at solar power to not only help provide for its ever-increasing electricity needs, but also as a source of regional ...

Bangkok Condo Finder Property Round Up – October 2015

Bangkok Condo Finder on November 4th, 2015 with

Welcome to the Home Connect News. I’m Derran.  According to market studies undertaken by the Knight Frank Thailand Company, it seems Bangkok’s condominium sector remains buoyant despite the general economic downturn and rising household debts. Numbers are especially strong in the Sukhumvit-Prakanong and Petchaburi-Ratchada areas of the capital. Price levels for condominiums in these two specific locations were still adjusting upwards while supply increased in the first half of this year. In the Sukhumvit-Prakanong area, average condo prices ...

Mergers, Acquisitions and IPOs viewed as major drivers of competitiveness

Bangkok Condo Finder on October 30th, 2015 with

Kasikorn Mergers and Aquisitions
The Mergers and Acquisitions (M&A) marketplace within Thailand and the Asean region has been the subject of a research report issued by one of Thailand’s major banks, Kasikorn. [1] Over the last three years the report notes, the value of mergers and acquisitions by Thai companies in the Asean region has reached just on 200 billion baht, and has largely been driven by what it terms ‘outbound transactions’. The most ostensible reason for this high level of outward M&A action ...

Unusual Happenings in the Thai Share Market

Bangkok Condo Finder on October 27th, 2015 with

acap advisory
In mid-October a rather unusual situation arose when the three largest shareholders in the ACAP Advisory (ACAP) company decided to sell either all or most of the shares they held in the firm on the same day. What was even more surprising was that allegedly none of the three colluded in any way, claiming they had no idea the others would be offloading their holdings at the same time. ACAP Advisory is a SET-listed financial advisory and loan management firm and ...

10 Residential Projects Set for Fourth Quarter Launch

Bangkok Condo Finder on October 16th, 2015 with

Thailand New Projects 2015
Sansiri, one of the major property development companies in the country, has announced that its joint venture operation with BTS Group Holdings, and called BTS-Sansiri Holdings, have plans to launch 10 residential projects valued at 21.5 billion baht in the final quarter of this year. This is a ringing endorsement of the strength of the Bangkok property marketplace and a recognition that despite generally poor economic data for Thailand, there are still plenty of people with money to spend who are ...

Condominium Market Remains Strong in Key Bangkok Areas

Bangkok Condo Finder on October 7th, 2015 with

NYX-Bangkok-condo-for-sale-14
According to market studies undertaken by the well-regarded Knight Frank Thailand company, it seems Bangkok’s condominium sector remains buoyant despite the general economic downturn and rising household debts.[1] The numbers are especially strong in the Sukhumvit-Prakanong and Petchaburi-Ratchada areas of the capital. Price levels for condominiums in these two specific locations were still adjusting upwards while supply increased in the first half of this year. In the Sukhumvit-Prakanong area, average condo prices were up to 226,000 baht per square metre, which represents ...

TCC plans to establish three property funds in 2016

Bangkok Condo Finder on September 29th, 2015 with

TCC Land Thailand
TCC Land Group has announced plans to establish three property funds with a value of 80 billion baht in 2016, the funds to be invested in TCC projects between 2016 and 2019. The property funds will be divided into three sections covering hotels, retail and office buildings said TCC Land’s CEO Sommapat Trisorat. He is quoted as saying the company will “spend 15 billion baht to renovate existing projects, with the rest of the investment budget to be spent on new projects ...

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