Posts Tagged ‘despite’

Phuket luxury villa earns big despite crisis

  Phuket luxury villa earns big despite crisis
The global financial crisis has not stopped Phuket luxury villa earn Bt3.5bn in the first half of 2009. Based on the report from the Phuket Luxury Villa Market Update Mid-Year Report released by leading Thailand consulting firm C9 Hotelworks, sales volumes for units priced upwards of Bt65m outperformed other sectors by significant numbers. C9´s Managing Director Bill Barnett ... Full story

Top Thai developer surpass sales target despite financial crisis

The second largest developer in Thailand has surpassed its sales target for 2009 despite the bad economy. With its achievement, Preuksa Real Estate (PS) is now planning to revise its sales target for this year from Bt18bn to Bt20bn after it surpassed its mid-year pre-sales target. Khun Prasert Taedullayasatit, the company’s COO, explained that despite a gloomy first ... Full story

Despite gloom economy, KPN condo project to go on as planned

 Despite gloom economy, KPN condo project to go on as planned
The economic crisis affecting many nations around the world has not dampened the spirit of the one of the leading property developers in Thailand to proceed with its condominium development project in Bangkok. CEO Korn Narongdej revealed KPN Lifestyle was negotiating to buy a 2-rai plot for the new project, which is worth Bt1 billion. Korn said more ... Full story

Retail supply in Bangkok continuous growth despite economic crisis

  Retail supply in Bangkok continuous growth despite economic crisis
Good news to all Thais, despite the economic crisis retail supply stores in Bangkok, Thailand continuous to grow. This was revealed in the latest report released by Colliers International, one of the highly respected real estate consultants in the world. Colliers International said Thai developers are pushing ahead with plans for new retail stores in Bangkok withstanding the ... Full story

Thai housing developers earn big in first quarter of 09 despite crisis

 Thai housing developers earn big in first quarter of 09 despite crisis
THE GLOBAL financial crisis and the ongoing political trouble have not totally dampened the economy of Thailand. In a recent study, it was discovered that 15 of Thailand's listed property developers increased its profit by 13-26 percent in the first quarter of 2009. Among the housing developers, Supalai lead the pack in terms of earnings as it posted ... Full story

Despite money woes 2 new hotels to rise in Bangkok

Despite money woes 2 new hotels to rise in Bangkok
The global financial crisis and the unstable political situation in Thailand have not deterred an Israeli company from establishing two hotels in Bangkok, Thailand. KC Hotels & Resorts International Group (KCHRIG) is now in a planning stage to start construction of the two new hotels after establishing three hotels earlier in Koh Samui Gulf still in Thailand. The ... Full story
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