Getting malled by building binge

Article Abstract:

Thailand's commercial real estate development industry has produced an oversupply of business and commercial space, which is further aggravated by the economic slump the country is experiencing. The vacancies in the malls reflect the relative immaturity of the commercial real estate development in the country, since many malls do not have a specific theme with which to regularly attract customers. Despite the many vacancies, commercial space supply has increased by another 11.4% or 297,000 sq meters of additional retail space for 1996. Vacancy in the city is estimated at 21%, while in the suburbs, vacancies may reach as high a 50%.

Subdividers and developers, not elsewhere classified, Land Subdivision and Land Development, Shopping Center Developers, Finance, Real estate, Real property, Shopping centers

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Sazaby may be 'rare gem.'(weak consumer spending drags Sazaby's over-the-counter securities down)

Article Abstract:

Sazaby's recent stock listing on Japan's over-the-counter market, did not attract much interest, as investors the company for insufficient disclosure. Weak sales at the company's stores also prompted a sell-off following its initial public offering. However, other investors who admire the company's brand-retailing capabilities, say that now is the best time to buy shares if investors take long-term views. Yukihiro Moroe, an analyst with Goldman Sachs of Japan, says that the company's stock has a potential to rise as high as 3,700 yen over the next year to 18 months.

Retail Trade, Evaluation, Economic aspects, Japan, Securities, Over-the-counter markets, Over the counter markets, Sazaby Inc.

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New chief of Thailand's SEC shuns spotlight, in contrast to predecessor

Article Abstract:

Pakorn Malakul na Ayuthaya, Thailand's new SEC chief, does not enjoy publicity in contrast to his predecessor who, because of his aggressiveness, made many enemies in the business circle who eventually forced him to resign. Pakorn promised to enhance competitiveness and stability in the country's stock exchanges. His biggest challenge is to restore the image of the SEC as an entity free of government interference.

Officials and employees, Securities industry, Pakorn Malakul na Ayuthaya

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