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SC Asset to move away from property as market stagnates


BANGKOK, THAILAND – Media OutReach Neswire – 17 March 2025 – SET-listed developer SC Asset Corporation plans to rebrand and diversify into non-property businesses next year, as the housing development sector continues to slow down and may take a few more years to return to normal.

SC Assets: 2025 Goals

Chief executive Nuttaphong Kunakornwong said the residential market will continue to face three key negative factors carried over from last year: high household debt, excess supply, and low consumer confidence.

“These challenges made it more difficult for residential developers to sell and transfer houses last year,” he said. “Launching new projects is also a struggle under such circumstances, further compounded by geopolitical volatility.”

To diversify risks, SC is exploring a new business venture for investment next year that is not related to the property sector. It also plans to rebrand with a new logo in the second half of this year to appeal to a broader range of consumers.

“We will start by integrating customer services with our home service and solutions application, Rue Jai, and our utility token, Morning Coin. We’ll leverage these assets to pave the way for the new business,” Mr Nuttaphong added.

Besides the plan to diversify into non-property businesses, SC will place greater focus on recurring-income ventures, particularly in the hotel and industrial estate sectors, which have experienced robust growth since last year.

In mid-2025, it will launch two new hotels: Kromo Bangkok near Sukhumvit Soi 29 and The Standard Pattaya in Na Jomtien. They are being developed through joint ventures with Japanese property firm Daiwa House and contractor Syntec Construction, respectively.

Warehouses across three locations, including 78,000 square metres at Bang Na KM 20, 46,000 sq m in Laem Chabang, and 37,000 sq m in Amata City Chonburi, will be launched in the second and third quarters of the year.

SC will also invest further in apartment rentals in the US, where it currently has five projects.

Meanwhile, it will not be making new investments in office spaces for rent, which currently tally 119,568 sq m across six towers, due to an oversupply in the market.

It aims to increase its earnings before interest, taxes, depreciation and amortisation (Ebitda) from recurring-income businesses from 20% to 25% of total revenue over the next few years.

Due to unfavourable sentiment and existing excess supply, SC will launch only 15 new residential projects worth a combined 28 billion baht in 2025, down from 17 projects worth 31.8 billion baht last year.

“With the current residential supply, which will take at least five years to be sold out compared to two to three years under a healthy situation, the residential market will remain sluggish and will take a few years to return to normal,” Mr Nuttaphong added.

Hashtag: #SCASSET #ForGoodMornings #LivingSolutionsProvider







The issuer is solely responsible for the content of this announcement.

New DHL Trade Atlas: Hong Kong demonstrates strength in trade, securing top spot in total trade value for 2024

  • Hong Kong ranks seventh in total trade value in 2024, with a total of US$1.3 trillion
  • The city grabs the sixth spot globally in terms of trade volume change, amounting to US$212.7 billion, from 2024 to 2029

HONG KONG SAR – Media OutReach Newswire – 17 March 2025 – DHL and the New York University Stern School of Business have released the DHL Trade Atlas 2025, providing a comprehensive analysis of the most important trends in global trade. Hong Kong has attained top spots globally, indicating its strength in trade value and volume in nearly 200 countries and territories around the world. Hong Kong ranks seventh in total trade value in 2024, amounting to US$1.3 trillion.

The report also indicates two dimensions of forecast trade growth: speed, which captures how fast a market’s trade volume is expanding; and scale, which tracks the absolute change in the amount of goods traded by a market. Hong Kong has secured the sixth spot globally on the scale dimension – amounting to US$212.7 billion, from 2024 to 2029, together with other growing Asian markets, such as India and Vietnam. Hong Kong is forecast to maintain a 3.1% compound annual trade volume growth rate over the 2024 – 2029 period.

According to the report, Hong Kong’s top export destination from 2018 to 2023 was mainland China (57 percent), followed by the United States (6.8 percent) and India (3.1 percent). Meanwhile, nearly half of the city’s import within the same period came from mainland China (43 percent). Eight out of the top ten of Hong Kong’s export and import destinations from 2018 to 2023 were within Asia or in the Middle East.

“Hong Kong, recognized as a leading international financial and trade hub, has demonstrated strength in both trade value and volume,” said Andy Chiang, Senior Vice President and Managing Director – Hong Kong and Macau, DHL Express. “As trade within Asia increases, Hong Kong serves as a vital gateway between mainland China and the rest of the world, maintaining strong connections with its Asian counterparts. We are well-positioned to meet the rising trade demand through recent strategic investments, including the inauguration of our Hong Kong West Service Center, the expansion of the Central Asia Hub at Hong Kong International Airport, and new direct flights from Hong Kong to Jakarta and Sydney. These initiatives will enable us to better serve our customers and capitalize on the growing opportunities in the region.”

Key Takeaways: Unveiling Growth, Transformative Shifts, and the Impact of Trade Policies

The DHL Trade Atlas measures changes in countries’ and regions’ shares of world trade. Among the key take-aways:

  • Faster trade growth, greater uncertainty: Recent forecasts predict global goods trade will grow at a compound annual rate of 3.1% from 2024 to 2029. This roughly aligns with GDP growth and represents modestly faster trade growth compared to the previous decade. However, record high uncertainty about future trade policies clouds the outlook.
  • Trump tariff impact: Even if the new U.S. administration implements all of its proposed tariff increases and other countries retaliate, global trade is still expected to grow over the next five years – but at a much slower pace.
  • Made-in-China content finding new routes to U.S.: Direct U.S.–China trade has fallen from 3.5% of world trade in 2016 to 2.6% over the first nine months of 2024. However, U.S. reliance on made-in-China content has not declined substantially. U.S. imports from other countries contain more inputs from China, and U.S. direct imports from China may be underreported.
  • New record in long-distance trade as Asia becomes central to global production networks: Contrary to predictions that recent disruptions would lead to more regionalized trade patterns, trade took place over the longest average distance on record during the first nine months of 2024 (5,000 km). The share taking place inside major geographic regions declined to a new low (51%). This development can be attributed to the fact that Europe and North America have increasingly traded with Asia, as “Factory Asia” becomes central to global production networks.
  • New leaders in trade growth: India, Vietnam, Indonesia, and the Philippines: Between 2024 and 2029, these four countries are forecast to rank among the top 30 for both speed (growth rate) and scale (absolute amount) of trade growth. India also stands out as the country with the third largest absolute amount of forecast trade growth (6% of additional global trade), behind China (12%) and the United States (10%).
  • Global geopolitical shifts limited: Geopolitically driven shifts in global trade patterns remain limited and appear to have stalled in 2024. While trade between blocs of close allies declined relative to trade within these blocs in 2022 and 2023, there were no further declines over the first nine months of 2024.
  • Standout regions: At the level of major world regions, the fastest trade volume growth from 2024 to 2029 is forecast for South & Central Asia, Sub-Saharan Africa, and the ASEAN countries – with compound annual growth rates between 5% and 6%. All other regions are forecast to grow at rates of 2% to 4%.


Reasons for optimism in the face of U.S. policy shifts

The DHL Trade Atlas 2025 outlines several reasons for optimism about the future of global trade despite a turn toward more restrictive U.S. trade policies. Most countries continue to pursue trade as a key economic opportunity, and U.S. trade barriers could strengthen ties among other countries. Also, many of Trump’s tariff threats may end up different than originally proposed or delayed to prevent a spike in domestic inflation. Moreover, the U.S. share of world imports currently stands at 13%, and its share of exports is 9% – enough for U.S. policies to have substantial effects on other countries but not enough to unilaterally determine the future of global trade.

The DHL Trade Atlas 2025

The DHL Trade Atlas 2025 features a wealth of data-driven insights and analysis on global trade and its prospects. It is an up-to-date resource for business leaders, policymakers, educators, students, media, and the interested public. It includes concise one-page profiles summarizing the trade patterns of nearly 200 countries and territories that comprise over 99% of world trade, GDP, and population.

The free interactive content available at dhl.com/tradeatlas is a new feature of the report. The website enables users to customize analyses and explore trade trends by specific countries, regions, and categories of goods. Additionally, it offers convenient options for downloading data and images.

The report was commissioned by DHL and authored by Steven A. Altman and Caroline R. Bastian of New York University Stern School of Business. It was finalized in February 2025 using data and forecast updates through January 2025.

The DHL Trade Atlas 2025 is available at dhl.com/tradeatlas.

Hashtag: #DHLExpressHongKong




The issuer is solely responsible for the content of this announcement.

DHL – The logistics company for the world

DHL is the leading global brand in the logistics industry. Our DHL divisions offer an unrivalled portfolio of logistics services ranging from national and international parcel delivery, e-commerce shipping and fulfillment solutions, international express, road, air and ocean transport to industrial supply chain management. With approximately 400,000 employees in more than 220 countries and territories worldwide, DHL connects people and businesses securely and reliably, enabling global sustainable trade flows. With specialized solutions for growth markets and industries including technology, life sciences and healthcare, engineering, manufacturing & energy, auto-mobility and retail, DHL is decisively positioned as “The logistics company for the world”.

DHL is part of DHL Group. The Group generated revenues of approximately 84.2 billion euros in 2024. With sustainable business practices and a commitment to society and the environment, the Group makes a positive contribution to the world. DHL Group aims to achieve net-zero emissions logistics by 2050.

New York University Stern School of Business

New York University Stern School of Business, located in the heart of Greenwich Village and deeply connected to the City after which it is named, is one of the United States’ premier management education schools and research centers. NYU Stern offers a broad portfolio of transformational programs at graduate, undergraduate, and executive levels, all of them enriched by the dynamism and profound resources of one of the world’s business capitals. NYU Stern is a welcoming community that inspires its members to embrace and lead change in a rapidly transforming world. Visit .

FBS Secures Three Prestigious FXDailyInfo Awards in 2025


SINGAPORE – Media OutReach Newswire – 17 March 2025 – FBS, a leading global broker, has been recognized for excellence, winning three major titles at the FXDailyInfo Forex Brokers Award 2025:

  • Best Value Forex Broker 2025
  • Best Forex Trading Support 2025
  • Best Global Affiliate Programs 2025

These accolades highlight FBS’s commitment to delivering top-tier trading conditions, outstanding client support, and highly rewarding partnership opportunities.

FBS Secures Three Prestigious FXDailyInfo Awards
FBS Secures Three Prestigious FXDailyInfo Awards

Recognized for outstanding trading conditions

Winning Best Value Forex Broker 2025 reflects FBS’s focus on competitive spreads, fast execution, and flexible trading conditions. With spreads from 0.7 pips, leverage up to 1:3000, and deposits starting at just $5, FBS provides traders with optimal conditions for success.

Award-winning client support

FBS’s Best Forex Trading Support 2025 award underscores its commitment to trader success through 24/7 multilingual support, expert guidance, and comprehensive educational materials. Traders benefit from:

  • Instant responses — average reply time in less than a minute.
  • Multilingual assistance — professional support in multiple languages.
  • Convenient communication channels — web chat, messengers, and scheduled callbacks.

A leading partner in the industry

Receiving Best Global Affiliate Programs 2025, FBS continues to empower partners with high commissions, tailored marketing tools, and professional support. With over 700 000 partners and $1.5 million in monthly payouts, FBS offers flexible, rewarding opportunities to turn traffic into profit.

  • Commissions up to $1500 per first deposit.
  • Exclusive tools and promo materials.
  • Dedicated personal managers for optimized results.

These achievements reinforce FBS’s leading position in the global trading community. The company remains dedicated to enhancing its services, supporting traders and partners worldwide, and delivering a rewarding trading experience.

Trade with an award-winning broker. Learn more at FBS.com.
Hashtag: #FBS #trading #forex #Awards




The issuer is solely responsible for the content of this announcement.

About FBS

FBS is a global brand that unites several independent brokerage companies under the licenses of FSC (Belize), CySEC (Cyprus), and ASIC (Australia). With 16 years of experience and over 100 international awards, FBS is steadily developing as one of the market’s most trusted brokers. Today, FBS serves over 27 000 000 traders and more than 700 000 partners around the globe.

Thailand’s 9-Year-Old Tattoo Prodigy Stuns Expo Crowd

Thailand’s 9-Year-Old Tattoo Prodigy Stuns Expo Crowd
TOPSHOT - Nine-year-old Napat Mitmakorn, a Thai child tattoo artist works on his uncle’s tattoo at the 2025 Thailand Tattoo Expo in Bangkok on 15 March. (Photo by MANAN VATSYAYANA / AFP)

AFP/Montira RUNGJIRAJITTRANON – Wielding a cumbersome tattoo gun with his small hands swamped in surgical gloves, nine-year-old Napat Mitmakorn expertly inks the pattern of a fanged serpent on a man’s upper thigh.

BigJump SEO Empowers Medical Aesthetics Industry to Create New Business Opportunities

HONG KONG SAR – Media OutReach Newswire – 17 March 2025 As a content marketing-focused advertising company, BigJump SEO has consistently helped businesses enhance their brand visibility and organic traffic. Recently, we successfully assisted the medical aesthetics company Weirdo Beauty in achieving a threefold increase in monthly organic traffic, attracting other beauty and health companies like Hairless and F45 Training’s Kwun Tong branch to collaborate with us using content marketing strategies to create more business opportunities.

Weirdo Beauty: Building a Loyal Customer Base

Weirdo Beauty is a renowned beauty clinic specializing in targeted skin solutions and has established a loyal customer network. Through our content marketing strategy, Weirdo Beauty not only increased website traffic but also successfully positioned itself as a leader in the beauty industry.

Hairless: The Benchmark for Quality Hair Removal Services

Hairless is a Hong Kong-based hair removal company offering professional services and efficient laser hair removal technology. By collaborating with BigJump SEO, Hairless aims to educate consumers on which hair removal services are best while further enhancing its brand recognition to attract more customers seeking high-quality beauty services.

F45 Training Tsuen Wan Branch: The New Trend in High-Intensity Fitness

The F45 Training Tsuen Wan branch is part of a global fitness community, providing fast, enjoyable, and effective high-intensity interval training (HIIT) courses. Through content marketing, F45 Training Tsuen Wan will further promote its efficient fitness model, attracting more working professionals seeking a healthy lifestyle.

Collaboration Outcomes and Future Prospects

BigJump SEO’s content marketing strategy not only helped Weirdo Beauty achieve significant traffic growth but also attracted other beauty and health companies like Hairless and F45 Training to collaborate with us. These collaborations have brought us new business opportunities and demonstrated the importance of content marketing in enhancing brand visibility and attracting customers.

In the future, BigJump SEO will continue to specialize in content marketing, providing innovative solutions for more businesses to stand out in competitive markets. We also look forward to collaborating with more excellent companies to create new business value together.

Hashtag: #BigJumpSEO

The issuer is solely responsible for the content of this announcement.

Big Jump SEO Solutions

Big Jump SEO Solutions is a comprehensive digital marketing company that focuses on providing customized Search Engine Optimization (SEO), content marketing, and online advertising solutions for its clients. With in-depth industry experience and innovative strategies, Big Jump is committed to helping brands enhance their online visibility and stand out in the online market.

China Tower Continues to Deepen “One Core and Two Wings” Development Strategy


Revenue Growth Supported by Multiple Pillars
Steadily Enhancing Shareholder Returns

HONG KONG SAR – Media OutReach Neswire – 17 March 2025 – The world’s largest telecommunications infrastructure service provider China Tower Corporation Limited (“China Tower” or the “Company”) (Stock Code: 0788.HK) is pleased to announce its annual results for the year ended 31 December 2024.

Performance Highlights

RMB Million 2024 2023 Change
Operating revenue 97,772 94,009 4.0%
EBITDA 66,559 63,551 4.7%
Profit attributable to owners of the Company 10,729 9,750 10.0%
Basic earnings per share (RMB yuan) 0.6138 0.5578 (Restated) 10.0%
Full-year dividend per share (RMB yuan) 0.41696 0.37390 (Restated) 11.5%
Key operating data
Number of tower sites (thousand) 2,094 2,046 2.3%
Number of tower tenants (thousand) 3,791 3,658 3.6%
Tenancy ratio (tenants / tower site) 1.81 1.79 1.1%


In 2024, the Company’s operating revenue maintained steady growth, reaching RMB97,772 million, an increase of 4.0% year-on-year. EBITDA[1] reached RMB66,559 million, an increase of 4.7% year-on-year, with an EBITDA margin[2] of 68.1%. Profit attributable to the owners of the Company reached RMB10,729 million, an increase of 10.0% year-on-year, with a net profit margin of 11.0%, demonstrating a continuous improvement in profitability.

Net cash generated from operating activities amounted to RMB49,468 million, an increase of RMB16,628 million year-on-year. Capital expenditures stood at RMB31,941 million, with free cash flow[3] reaching RMB17,527 million, up by RMB16,402 million year-on-year. As at 31 December 2024, our total assets amounted to RMB332,834 million, with interest-bearing liabilities of RMB92,542 million and a gearing ratio[4] of 31.0%, representing a decrease of 0.4 percentage point from the end of 2023. Our financial position remains healthy and stable.

The Company attaches great importance to shareholder returns. After considering our profitability, cash flow and future development needs, the board of directors of the Company has recommended a final dividend of RMB0.30796 per share (pre-tax)[5] for the year ended 31 December 2024. Together with the interim dividend distributed, the total full-year dividend amounted to RMB0.41696 per share (pre-tax) 5, representing an increase of 11.5% compared to 2023 and equivalent to a payout ratio of 76% of our annual distributable net profit.

Solid foundation enabled stable growth in TSP Business

The Company fully delivered the its role as part of a nationwide consortium of telecommunication infrastructure developers and as the leading force in new 5G infrastructure construction. We further overcame challenges in the Dual-Gigabit network joint-entry implementation, as well as in special projects such as upgrading signal strength and extending broadband coverage to all border areas. We were able to capture opportunities presented by the continuous expansion of 5G network penetration and coverage in China. By working continuously to improve resource coordination and sharing, and enhancing our professional operations, we were able to fully satisfy customer network construction needs and maintain stable growth in the TSP business. In 2024, our TSP business recorded a revenue of RMB84,119 million, an increase of 2.4% year-on-year.

Tower business. We focused on high-traffic and high-value scenarios that are of keen interest to our customers, as well as other key scenarios such as high-speed railways, highways, borders and rural areas. We conducted targeted and purposive scenario-based coverage analysis and site planning, strengthened efforts to tackle difficult sites, and supported customers in building 5G premium networks in an intensive and effective manner. We developed and deployed a 3D indoor and outdoor simulation support system to visualize the coverage of planned sites and construction solutions, helping TSPs accurately implement their network coverages. By adhering to a customer-oriented philosophy, we constantly optimized our business processes, standardized business management, and improved the efficiency of order acquisition and delivery, billing and payment collection, enhancing service capabilities and customer satisfaction. In 2024, our revenue from the Tower business amounted to RMB75,689 million, an increase of 0.9% from the previous year. As at 31 December 2024, the Company managed a total of 2.094 million tower sites, an increase of 48,000 year-on-year. We have gained 120,000 new TSP tenants since the end of 2023, bringing the total number of TSP tenants to 3.544 million. Our TSP tenancy ratio increased from 1.68 at the end of 2023 to 1.72, further improving the level of co-location.

DAS business. We continued to strengthen our coordination and sharing capabilities for key scenarios such as large transportation hubs, landmark buildings, subways, large venues, Grade 3A hospitals and tertiary institutions. We collaborated with customers to carry out 5G upgrades on high-speed railways and unleashed more demand for high-value scenarios. Leveraging our advantages of coordinated site entry and construction, and our co-building and co-sharing policies, we actively implemented special projects for covering elevators and underground parking lots and expanded the deployment of shared low-power repeaters to help TSPs quickly and efficiently improve network coverage to elevate people’s livelihoods. We continued to enhance product and solution design capabilities and innovation in DAS shared products, which enabled us to provide customers with differentiated active and passive DAS sharing solutions, meeting the demand for upgrading of existing DAS to 5G network. In 2024, our revenue from the DAS business reached RMB8,430 million, an increase of 18.1% year-on-year. As at 31 December 2024, we had covered buildings with a cumulative area of 12.68 billion square meters, up by 24.9% year-on-year, while high-speed railway tunnels and subway coverage reached a cumulative length of 29,315 kilometers, up by 21.8% year-on-year.

Forged strengths to achieve healthy growth of Two Wings business

During the year, in view of the opportunities brought about by the development of the digital economy and the “Dual Carbon” goals, we worked continuously to strengthen product innovation, optimized business planning, further improved our core competencies, and promoted the healthy development of our Two Wings business. In 2024, the revenue of the Two Wings business reached RMB13,388 million and accounted for 13.7% of our overall operating revenue, an increase of 1.5 percentage points over the same period last year.

Smart Tower business. We fully leveraged our core capabilities and advantages in spatial digital intelligence governance to serve the national development strategies of “Digital China” and “Beautiful China”, continuously refining our Smart Tower business. We expanded our Smart Tower business across vertical sectors to consolidate our leading position. This was achieved by deepening strategic cooperation with key customers, creating premium projects across various industry segments. As a result, we secured leadership in incremental domestic market share in a number of key scenarios such as disaster alert and farmland protection. We enhanced research and innovation to foster core capabilities. In these areas, we fortified the distributed deployment on our platform and strengthened algorithm development for mid-to-high point scenarios, building a strong platform foundation, focusing on key service scenarios. We identified additional customer demands to promote service upgrades. This saw us enhancing our localized technical support teams and improving our “companion” service capabilities to meet customers’ iterative development needs in a timely manner and achieved high-quality project delivery. Relying on the large-scale operation and maintenance system, we built a professional network management platform, equipped with the ability to accurately diagnose incidents occurring in the terminal devices, dispatch tasks in real time and handle incidents in a timely manner. We deepened service integration and strengthened industry collaboration. By expanding our partner base, signing strategic cooperation agreements with tertiary institutions and leading enterprises, we achieved coordinated development. In 2024, the Smart Tower business generated revenue of RMB8,911 million, up by 22.4% year-on-year, among which, revenue from our Tower Monitoring business reached RMB5,539 million, accounting for 62.2% of our revenue from the Smart Tower business.

Energy business. We focused on key business segments such as battery exchange and power backup, refining operations and solidifying product, service and platform competitiveness in order to turn Energy business into a specialized business stream. For the battery exchange business, we continued to engage users more effectively in the delivery and courier markets, enhancing service capabilities and achieving stable user growth. As at 31 December 2024, the number of battery exchange users reached 1.304 million, an addition of 159,000 since the end of 2023, further maintaining our leading position in the market for battery exchange for low-speed electric vehicles. We leveraged the opportunities brought about by national policies on safe charging, giving full play to our own capabilities and advantages in laying out economic and efficient community charging infrastructure and providing safe and convenient battery charging services for low-speed electric vehicles to the community. These efforts helped expand our customer base of our battery exchange business. For the power backup business, we focused on pivotal industries such as telecommunications and finance, along with key scenarios, to expand our premium customer base. We used our reliable power backup service as an entry point to explore the demand for monitoring, energy consumption management and maintenance services, providing a comprehensive “power backup +” industry solution and forging the “energy butler” brand. In 2024, our Energy business achieved revenue of RMB4,477 million, a year-on-year increase of 6.2%, of which the revenue from battery exchange business accounted for RMB2,500 million, with its contribution to the Energy business reaching 55.8%.

Mr. Zhang Zhiyong, Chairman of China Tower said, “Looking ahead, under the guidance of our established strategy, we will seek to further deepen our ‘One Core and Two Wings’ strategy, enhance our core competitiveness to ensure a robust foundation for our solid and high-quality development, and achieve increased growth in our enterprise value, while creating greater returns for our shareholders, customers and society.”


[1] EBITDA is calculated by operating profit plus depreciation and amortization.

[2] EBITDA margin is calculated by dividing EBITDA by operating revenue, and multiplying the resulting value by 100%.

[3] Free cash flow is the net cash generated from operating activities minus the capital expenditures.

[4] Gearing ratio is calculated as net debt divided by the sum of total equity and net debt, then multiplying the result by 100%.

[5] The Company’s Share Consolidation and Capital Reduction took effect on 20 February 2025. The Company’s total issued capital was reduced from 176,008,471,024 shares to 17,600,847,102 shares. The final dividend will be distributed and the full-year dividend will be calculated based on the total issued share capital after the aforementioned change in total issued share capital.

Hashtag: #ChinaTower

The issuer is solely responsible for the content of this announcement.

About China Tower (Stock Code: 0788.HK)

China Tower is the world’s largest telecommunications tower infrastructure service provider, and the Company always adheres to the philosophy of shared development and implements the “One Core and Two Wings” strategy. The Company is principally engaged in the construction, maintenance and operation of base station ancillary facilities such as telecommunications towers, public network coverage in high-speed railways and subways, and large-scale indoor Distributed Antenna Systems (DAS). Meanwhile, relying on unique resources to provide energy application services such as information application and intelligent battery exchange and power backup to the society, the Company strives to build itself into a world-class information and communications infrastructure service provider, and a highly competitive information and new energy applications provider. As of the end of December 2024, the Company’s total assets amounted to RMB332,834 million. China Tower operated and managed 2.094 million tower sites across 31 provinces, municipalities and autonomous regions in the PRC, and served over 3.791 million tenants with the tenancy ratio of 1.81.

Sansiri’s ‘PTY Residence Sai 1’ Sells Out Foreign Quota In 3 Hrs ‘Global Online Booking’ Hit Record Sales In Pattaya

Thailand’s Most Trusted Developer Capitalizes On Surging Pattaya And Tourist Destination Demand


PATTAYA, THAILAND – Media OutReach Newswire – 17 March 2025 Sansiri Public Company Limited, Thailand’s leading developer with a 40-year track record widely regarded as Thailand’s most trusted fully integrated real estate developer among both Thai and international clients, announces surpassing all records with the successful real-time global online booking launch of ‘PTY Residence Sai1’, a much-anticipated luxury beachfront condominium in central Pattaya, project value at 3.2 billion baht. This luxury flagship project, offering rare freehold units, quickly sold out its foreign quotas within 3 hours, generating over 1.85 billion baht and marking the most successful presales with foreign agents. The popularity of the project launch and intense booking demand, unmatched in a decade, leveraged high rental yield returns of up to 8% in a strategic prime location, underscored by Sansiri’s reputation for trust and superior quality and commitment to exceptional after-sales service.

PTY Residence Sai 1 - Building

Uthai Uthaisangsuk, President of Sansiri Public Company Limited, disclosed that “PTY Residence Sai 1 is considered one of Sansiri’s masterpieces of the past decade. Located on Pattaya Beach Road 1 (Central Pattaya), the project represents a rare item on the last available freehold plot along prestigious Pattaya Sai1 which is only a step away from the beach. Pattaya draws parallels with the global destination in terms one of the country’s top travel destinations after Bangkok, and thanks to the remarkable transformation and regeneration each coastal city has achieved over the past decades into world-class tourism hubs celebrated for fine dining, unparalleled nightlife, and international scale events.”

PTY Residence Sai 1 - Social Lounge

A Rare Opportunity on Pattaya’s Beachfront

“The city’s growth trend is set to continue with significant upcoming infrastructure developments In 2024, tourist arrivals growing nearly 60% compared to pre-COVID levels. Hotels in Pattaya maintained high occupancy rates of 85-90% over the past year, reflecting the increasing demand for residential properties and vacation homes, especially beachfront condominiums or those with beach views.

These factors have driven our unprecedented success, leading to the complete sold-out of our foreign quotas within 3 hours and generating over 1.85 billion Baht in sales, a record-breaking achievement in the last decade of our developments. The exceptional high demands came particularly from Chinese and Russian investors, who secured units of our ‘Real-time Global Booking Launch.’ Sansiri proudly stands as the first developer in Thailand to implement Global Online Booking functionality, enabling customers and agents worldwide to reserve units instantly with a single click.” Mr. Uthai added.

This success can be attributed to foreign customers’ strong confidence in three essential factors: Sansiri’s trusted 40-year legacy, the premium quality of our developments, and reputation for exceptional after-sales service that delivers high investment returns. This continues our track record of completely sold-out resort-style condominium projects over the past decade. We anticipate equal enthusiasm from Thai customers, expecting an immediate sell-out of the Thai quota during our exclusive pre-sales event on this 29-30 March at the Hilton Pattaya Hotel.

PTY Residence Sai 1 stands out as ‘THE ONLY ONE,’ a unique luxury freehold beachfront condominium with 327 units along with exceptional concierge services. Prices start at 6.99 million baht (1.5MN CNY) for one-bedroom units and 19.9-30 million baht (426,000CNY – 6.4MN CNY) for two-bedroom units, offering great value for residential and investment purposes.

This year, Sansiri is accelerating its 2025 condominium plan with the launch of 15 new projects valued at 20.4 billion baht in strategic locations across the country, encompassing Thailand’s top travel destinations including Phuket, Hua-Hin, and Chiang Mai. Currently, Sansiri has developed real estate projects in these and other tourist destinations to provide foreign buyers with a wider choice, highlighting its ability to expand markets and predict high-potential investment opportunities, such as The Base Cherngtalay in Phuket, Sansiri’s first condominium in prime location Cherngtalay; The Base Height in Chiang Mai, city condominium and Chiang Mai’s first high-rise building by Sansiri; and The Standard Residences, Hua Hin – the first luxury beachfront branded residence under The Standard brand in Asia and the third in the world.

Seamless experience from sales to excellent property care and management by PLUS Property

Sansiri apply the modern technology to enhance ‘Sansiri Service’ designed to provide a completely seamless experience, from sales through to after-sales support. This includes the Home Service App that combines essential management features and benefits, and Liv-24 that ensures homeowners can live worry-free anywhere in the world. Residents also receive outstanding property care and management through PLUS Property, a comprehensive real estate services and consultation agency. PLUS Property delivers exceptional after-sales support, including residential inspection, maintenance, rental facilitation and payment services, ensuring long-term confidence in housing quality.

The company’s strategic expansion is backed by its impressive industry recognitions, having recently garnered numerous prestigious awards, including the top spot among Thai property developers on the inaugural Fortune Southeast Asia 500 list, Best Ultra Luxury Development in Asia, and 11 honours at the PropertyGuru Thailand Property Awards 2024. These accolades include Best Developer in Thailand and Best Developer in Phuket, underscoring Sansiri’s leading status in the real estate sector both in Thailand and across the region.

For more information, please visit Sansiri website https://siri.ly/XibpFa3

or contact email internationalbuyers@sansiri.com

Hashtag: #sansiri

The issuer is solely responsible for the content of this announcement.

Vientiane Residents Demand Action Amid Ongoing Water Shortages

Many households in Vientiane are struggling with water supply issues, including shortages and low water pressure. Residents are growing increasingly frustrated, as water disruptions continue despite repeated calls for conservation.

On 5 March, the Water Supply Department issued an announcement urging residents to save water due to high consumption, frequent power outages, and a prolonged heatwave. These factors have disrupted water production and caused delays in distribution, particularly in elevated and suburban areas.

In response to these challenges, the government has advised residents to store water in containers as a precaution against future disruptions. However, despite these efforts, frustration is mounting, and many residents have turned to social media to voice their dissatisfaction.

A Recurring Issue

Many locals argue that water shortages in Laos are not new. While the government has repeatedly called for conservation, critics say it has failed to address the root causes or improve infrastructure to prevent such shortages from happening again.

Davy Yiayengvang, a resident of Khamngoy village in Xaysettha district, shared her ongoing struggles with water supply issues. 

“My household has been dealing with low water pressure since December, and the situation has only worsened,” Davy said. “The water only flows for about an hour in the morning, from 6 to 7 AM, and then it’s cut off.”

Davy continued, “The water shortage has worsened, and it has completely stopped since 28 February until now. I have to go get some water from my friend’s house in Xokyai village, Saysettha district, which is about 6 km away.” 

She also mentioned that although small shops around her house sell bottled water, they are often forced to buy 20-liter bottles from a drinking water company. 

“When the drinking water company didn’t arrive, I had to go buy a 1.75-liter bottle of water from a nearby local store. Sometimes, nobody wants to waste money on a 20-liter bottle or even a 1.75-liter bottle.”

When Davy contacted the Water Supply authorities to inquire about the lack of water, their response was that the water pump did not have enough pressure to supply nearby residents. 

“When I asked them how they plan to solve the problem, they simply told me that I could buy water from them, and they would deliver it by truck,” she said.

Davy added that the situation this year is particularly severe, as the weather has become progressively hotter. 

“Even now, the authorities are still struggling. What will happen when the Lao New Year festival comes, which requires a lot of water, or when the hot season peaks in April?” she asked.

Rising Concerns on Social Media

Other residents are also sharing their frustrations online. One comment on Facebook from Nathom village in Xaythany district highlighted the ongoing water shortage, which has persisted since 11 February. “Although I have groundwater, I have to use my water pump, which has been working overtime since then. If my pump breaks, who will take responsibility?” the user asked.

In Sivilay village, also in Xaythany district, another Facebook user expressed frustration, stating, “The water hasn’t come for the past two weeks, yet I’m still receiving my water bills.”

Despite multiple reports on similar incidents in previous years, residents continue to face the same issue. 

A Facebook user responded to an announcement from the Water Supply State Enterprise Vientiane, asking, “Why don’t the authorities have any plans—short-term, medium-term, or long-term—to solve this problem?”

Government Efforts and Future Plans

In response to the ongoing shortages, the water supply company has acknowledged the challenge of meeting demand during the dry season. Currently, their production capacity is 348,000 cubic meters per day, while the demand stands at 520,000 cubic meters daily.

To address the shortfall, the government has signed a contract to build a water supply factory in Tha Dok Kham village, Xaythany district, with a capacity of 100,000 cubic meters. 

Additional factories are also planned: one in Houay Hom village, Sikhottabong district, with a capacity of 20,000 cubic meters, and another in Chi Nai Mo village, Siasttanak district, with a capacity of 40,000 cubic meters per day.

The government is also encouraging private sector investment in water infrastructure to help meet the growing demand.