Thai telecom operators are likely to continue to face pressure on mobile-service revenues, beset by slowing growth in data revenue. The country’s third-largest operator, Total Access Communication Public Company in particular, will be the most affected due to its large exposure to mobile revenues said Fitch Ratings in a note on Monday. Advanced Info Service […]
Read MoreThailand’s economic growth is expected to slow in 2019 because of rising global trade tensions and domestic political uncertainty, with local business operators suffering from negative momentum from the US-China dispute, says Deputy Prime Minister Somkid Jatusripitak. Mr Somkid plans to meet with officials from the Commerce Ministry this month to revise the export growth target […]
Read MoreWith myriad challenges in the property market, small and medium-sized developers should focus on maintaining financial liquidity and diversify to non-residential development, say developers and experts. Pornarit Chounchaisit, president of the Thai Real Estate Association, said the domestic market this year will be unfavourable because of a spate of risk factors, while the two government […]
Read MoreMOST OF the top 10 listed property firms show strong total revenue and net profit growth in the first quarter of this year compared with the same period of last year, largely due to most homebuyers speeding up the transfer of their residential units before measures by the Bank of Thailand to reduce the loan […]
Read MoreDusit International, one of Thailand’s leading hotel and property development companies, has signed a hotel management agreement with Vietnam-based property developer Hoi An Royal Group to operate Dusit Thani Hoi An, the first Dusit Thani branded hotel in Vietnam. Located in a prime beachfront setting in Dien Ban Town near the ancient trading port of […]
Read MoreTHE RECENT escalation of the US-China trade war may lead Thai exports to grow by only 0.5 per cent in 2019, warned Aat Pisanwanich, director of the University of the Thai Chamber of Commerce’s Centre for International Trade Studies (CITS). Meanwhile, Bank of Thailand’s assistant governor for corporate strategy and group relations, Chantavarn Sucharitakul said […]
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