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SET-listed developer Ananda Development has cut its transfer and presales targets for 2021 by 37% and 24%, respectively, after the most recent wave of the pandemic hit residential demand and delayed the country's reopening plan.
The digital economy will be a key sector driving Thailand's economic growth and may outweigh the physical economy in value in the next 5-10 years, said Jirayut Srupsrisopa, chief executive and co-founder of Bitkub Capital Group Holdings.
TRIS Rating views that the ruling of the Central Administrative Court to revoke the building permit of the Ashton Asoke project will not have an immediate impact on the credit ratings assigned to Ananda Development PLC (ANAN). TRIS Rating assigned the ratings to ANAN and its senior unsecured debentures at ?BBB-? with a ?stable? outlook, and to its subordinated capital debentures (hybrid debentures) at ?BB?. The remaining unsold units of the Ashton Asoke project was worth only THB0.8 billion at the time of the ruling, out of the total project value of THB6.5 billion. ANAN holds 51% equity in...
Thailand Elite's Real Estate Partnership Set to Attract Foreign Investors Keen on Relocating and Owning Property in Thailand 05/27/2021 | 01:01am EDT Send by mail : Message : Required fields Thailand’s sought-after Thailand Elite Residence Program which saw a sharp spike in applications throughout the Covid-19 pandemic in 2020, is set to be even more attractive to foreign investors following a new partnership with more than 10 leading real estate developers in Thailand as part of its Elite Flexible One (EFO) offering. According to Mr. Somchai Soongswang, President of Thailand Privilege Card...
Thailand's sought-after Thailand Elite Residence Program which saw a sharp spike in applications throughout the Covid-19 pandemic in 2020, is set to be even more attractive to foreign investors following