Top Thailand Property News Of The Week - 3 Jan 2022

The top residential and commercial real estate news of the week - 3 January 2022

CBRE’s weekly property news snapshot features the latest residential and commercial real estate stories in Thailand and elsewhere that you cannot afford to miss - be it regarding residential, industrial, retail, office, hotel, land, or investment property.

Shaping disruption
Bangkok Post
Chief supply chain officers (CSCOs) must strategically reduce the rate of disruption to their supply chains by reducing their surface areas, according to Gartner Inc.

World food prices hit 10-year high in 2021
Gulf News
Paris: World food prices jumped 28 per cent in 2021 to their highest level in a decade, and hopes for a return to more stable market conditions this year are slim, the UN’s food agency said on Thursday.

Walmart and FedEx sign deals with GM for thousands of new BrightDrop electric vans
CNBC
Walmart and FedEx plan to add thousands of electric delivery vans produced by General Motors to their massive vehicle fleets in the coming years, the companies announced Wednesday.

Phuket preps hotel guest isolation
Bangkok Post
Hoteliers in Phuket are preparing to offer hotel isolation for asymptomatic guests to keep the island's reopening operational despite a spike in Omicron infections as more guests refuse to pay for pricey hospital beds.

Lazada sets out long-term business plan
Bangkok Post
E-commerce operator Lazada has pledged to raise seller and buyer experiences on its platform and boost its ecosystem to ensure long-term business sustainability, while aiming to break even or make a profit over the next three years.

Industrial GDP growth put at 2.5-3.5%
Bangkok Post
GDP growth in the Thai industrial sector is estimated at 2.5-3.5% in 2022, a drop from 3-4% last year, due to a mix of factors, including the impact of the Omicron Covid-19 variant currently spreading across continents, says the Office of Industrial Economics (OIE).

CBRE Thailand appoints new senior leadership
CBRE Thailand
CBRE Thailand, the leading international property consultant, has announced the appointment of Ms. Aliwassa Pathnadabutr as Chairman of its offices with Ms. Roongrat Veeraparkkaroon as her successor in the position of Managing Director and Mr. Barnaby Swainson as the new Head of Capital Markets – Investment and Land.

WeWork co-founder Adam Neumann is becoming an apartment mogul
The Wall Street Journal
Adam Neumann, who built office co-working giant WeWork before resigning as chief executive when his fortunes soured, has a new business venture under way: apartment landlord.

Provincial rail projects receive priority
Bangkok Post
The government has vowed to ramp up infrastructure projects in various regions this year to drive social and economic development throughout the country.

Executives envision 2022 outlook
Bangkok Post
While 2021 was full of unexpected challenges from the pandemic, the Bangkok Post has turned an eye towards what 2022 might have in store for Thailand's business sphere.