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Iris Group winds back revenue target

Iris Group winds back revenue target

Mid-sized developer Iris Group has shifted to the upper-end residential segment and revised down its revenue target for this year by a third, due to the economic and market slowdown.

04 Jul 2019 at 04:00

All Stories

  • Dusit Thani lines up B2.6bn expansion

    Dusit Thani lines up B2.6bn expansion

    Dusit Thani Plc plans to splurge at least 2.6 billion baht to expand its hotel and residential business over the next 1-2 years.

    27 May 2019 at 04:30

  • 'Put people first'

    'Put people first'

    The Bangkok Metropolitan Administration was urged to prioritise public interest over commercialism at the final public hearing on the drafting of the new city plan.

    24 May 2019 at 20:20

  • Asok holds strong development potential

    Asok holds strong development potential

    The zone around Asok BTS station is one of the highest-potential areas in Bangkok for property development. In addition to being an interchange for the subway and skytrain lines, it...

    24 May 2019 at 04:00

  • GH Bank falling 30% short of loan target

    GH Bank falling 30% short of loan target

    GH Bank is set to miss its loan growth target by 30% this year, restrained by the Bank of Thailand's new loan-to-value (LTV) policy, says president Chatchai Sirilai.

    24 May 2019 at 07:50

  • Grand Unity eyes Taiwan, HK buyers

    Grand Unity eyes Taiwan, HK buyers

    Grand Unity Development Co will hold roadshows in Taiwan and Hong Kong next month to tap foreign buyers for a new luxury condo project on Sathon Road amid a sluggish domestic market.

    24 May 2019 at 04:00

  • Second home

    Second home

    Chinese will keep buying Bangkok property despite the slowdown in Asia’s largest economy amid the trade war with the United States, according to Noble Development Plc.

    23 May 2019 at 08:38

  • Proud Real Estate pinpoints residential

    Proud Real Estate pinpoints residential

    MAI-listed Proud Real Estate, formerly Focus Development and Construction, owned by the Liptapanlop family, will focus strictly on residential development this year.

    23 May 2019 at 04:00

  • Fighting bad mortgages

    Fighting bad mortgages

    Despite the Finance Ministry's request to ease the new loan-to-value requirement, the Bank of Thailand has insisted on maintaining the regulation.

    22 May 2019 at 07:57

  • New megamall

    New megamall

    The Port Authority of Thailand will hand nearly half its Bangkok Port to a real-estate project to facilitate a new landmark by the Chao Phraya River.

    21 May 2019 at 06:14

  • Capstone Asset unworried about Bangkok market

    Capstone Asset unworried about Bangkok market

    New developer Capstone Asset, owned by Thai and Hong Kong investors, is confident in the Bangkok property market and wants to develop a mixed-use project with Grade B office space to ca...

    20 May 2019 at 04:30