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Double financing adds to property sector’s woes

Double financing adds to property sector’s woes

Higher debt leverage resulting from double financing is making it more difficult for property companies to secure bank loans, forcing some developers to rely on short-term loans from major shareholders.   Apinant Klewpatinond, chief executive of Kiatnakin Phatra...
Condo Launches Fall Short of Expectations

Condo Launches Fall Short of Expectations

New condo launches in Greater Bangkok are anticipated to fall below expectations this year, largely due to sluggish demand amidst economic challenges, according to Colliers Thailand.   Phattarachai Taweewong, Director of Research at Colliers Thailand, explained...
July sees highest export growth in 28 months

July sees highest export growth in 28 months

In July, exports posted their highest growth in 28 months, surging by 15.2%, as easing inflation and improved purchasing power among key trading partners fueled demand.   Poonpong Naiyanapakorn, director-general of the Trade Policy and Strategy Office (TPSO),...
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