SC Asset showed robust first-half 2025 results with total revenue of 10.268 billion baht, a 33 percent increase, and net profit attributable to majority shareholders jumping 48 percent to 788 million baht, supported by strong condo sales and recurring revenue streams. The company has a backlog exceeding 16 billion baht and plans to launch five new housing and condominium projects worth 28.35 billion baht in the second half of the year.

Atthanon Sritthipanthavat, Chief Corporate Support Officer of SC Asset Corporation Public Company Limited, revealed that first-half 2025 performance (January-June) was satisfactory, with total operating revenue of 10.268 billion baht comprising residential sales revenue of 9.408 billion baht (up 33 percent year-on-year), rental and service income of 525 million baht from hotel and warehouse operations, and consultancy and management fees of 336 million baht (up 24 percent). The company achieved net profit attributable to majority shareholders of 788 million baht, up 48 percent year-on-year.

Second-quarter 2025 showed particularly strong growth, with the company completing the transfer of the newly finished Khabaa Ratchada-Rama 9 condominium project. New recurring revenue businesses in hospitality, warehousing, and project management services also began generating steady income from completed projects. Second-quarter operating revenue reached 7.023 billion baht, up 34 percent year-on-year, while net profit attributable to majority shareholders was 668 million baht, up 59 percent.

SG&A expense ratios improved to 19 percent in the first half and 18 percent in the second quarter, reflecting strong cost management. The company will pay an interim dividend of 0.06 baht per share, with ex-dividend date on August 27, 2025, record date on August 28, 2025, and payment by September 9, 2025.

For the second half of 2025, SC Asset plans to launch five new residential projects worth 28.35 billion baht to meet consumer demand and ensure continued growth. The company is also undertaking brand renovations under the "Live and Learn Home" concept, reflecting how modern families actually live, resulting in eight new housing series with 27 designs, alongside planned investments in new warehouse facilities.

The selection committee for the new Thailand Sports Authority director has reduced the candidate pool to two finalists from an initial ten applicants: Dr. Meechai Inwood, deputy director for administration, and Prodpran Samanmit, deputy director for professional and boxing sports. Both candidates have completed all qualification requirements, passed an English language assessment on August 10, and participated in interviews on August 13. The committee declined to publicly identify which candidate is favored, citing the difficulty of choosing between two similarly qualified candidates. The Thailand Sports Authority board, chaired by Deputy Prime Minister Somkid Thongsri and Vice-chaired by Tourism and Sports Minister Surasak Phancharoenvorakul, will convene on August 27 at 1:30 p.m. at Government House to make the final decision. The board will either approve the committee's recommendation and forward it to the cabinet for consideration, or reject the selection and order the committee to restart the recruitment process.

A Facebook video posted by a fisherman documenting an unusually large catch of black-chin tilapia near Ban Roong Po in Chachoengsao has sparked widespread concern among the local community. Nattakorn Seuaiam, 27, known as Tai Nut, went out on August 12 to fish for mullet to feed his family but instead found his net filled almost entirely with black-chin tilapia—roughly 200 kilograms in total weight. Struck by the discovery, Tai Nut posted the video with a caption expressing shock at what he had found.

Tai Nut explained that in his years fishing these waters, he had never encountered such a large number of black-chin tilapia at once. The most alarming detail is that no other fish species were caught in the net at all, not a single one. This raised questions about a potential ecological imbalance in the area. Tai Nut distributed much of the catch to local residents who needed food, while he kept some to prepare for his family using various cooking methods, including frying and sun-drying. He noted that the fish tasted similar to tilapia but with a higher fat content.

Tai Nut speculated that the fish may have migrated from Bang Lamung Canal into the sea following heavy rainfall, though he acknowledged this was only a hypothesis requiring official investigation. The local fishing community and mussel farmers are deeply concerned about potential impacts on aquatic resources and coastal ecosystems, particularly to their mussel farms. They are calling on fisheries authorities and relevant agencies to conduct urgent surveys to determine the scale of the invasion, the distribution pattern of the fish, and any ecological consequences.

Thailand is losing its appeal among Chinese touristsLegacyChinese travellers will take fewer overseas trips in the second half of 2026 than forecasters expected. A weak economy at home has made them far choosier about which trips are worth taking. China Trading Desk, a travel data firm, now expects about 179 million outbound trips this year. It puts spending at destinations at around 258 billion US dollars. Both figures are almost 3% below its June estimate. Those numbers would still be a record and both sit above pre-pandemic levels. The recovery has not stopped. It has slowed. Subramania Bhatt, who heads China Trading Desk, said the appetite to travel has not disappeared. Travellers are simply more selective about when they go and whether a trip is worth it. The detail that matters for destinations is where the weakness sits. Those who do travel are keeping their trip budgets roughly intact. The shortfall is in the number of trips and not the spend on each one. China’s drawn out property crisis remains the main drag. Conflict in the Middle East has also disrupted long haul routes, pushing some travellers towards destinations closer to home. Geopolitics and safety worries are redrawing the map as well. Japan, long a favourite, has been hit by a diplomatic row over Taiwan. Chinese airlines have cut flights and arrivals from China are expected to more than halve this year to 4.1 million. Thailand is losing its pull for a different reason. Heavy coverage of scam networks and safety incidents has damaged confidence among Chinese travellers. That pressure was already visible before this forecast. In June the Association of Thai Travel Agents cut its own 2026 target for Chinese arrivals from 9 million to 7 million. ATTA blamed safety concerns above all, including reported ransom cases, disappearances and scam linked crime. It also pointed to higher travel costs and damaging coverage on Chinese social media. South Korea is the clear winner from the reshuffle. It picks up shoppers who spend heavily along with travellers who have switched away from Japan. Korea expects about 7 million Chinese visitors this year, worth close to 13 billion dollars or roughly 1,815 dollars a head. Uncertainty is also pushing people closer to home, and Hong Kong and Macau now account for nearly 40% of the entire Chinese outbound market. Big visitor numbers do not always mean big money. Hong Kong expects around 41 million trips from the mainland this year but average spending is only about 310 dollars a head. France shows the opposite pattern, expecting just 2.2 million Chinese trips while pulling in 7,622 dollars per visitor. That gap is the useful lesson for Thailand. Arrival counts and tourism revenue are not the same target and a destination can win one while losing the other. Across the whole market outbound trips are still on track to rise 7% on 2025, with average spending at 1,437 dollars a trip. Related news

Thailand lost a third of its Chinese tourists. It has not got them back. Thailand tourism arrivals fall 3.19% as Vietnam gains ground Japanese tourists eye Thailand as yen rebounds from 40-year low

Sources: Bloomberg, China Trading Desk,  The story Thailand is losing its appeal among Chinese tourists as seen on Thaiger News.

The Standard Long Steel Association has emphasized that Thailand's steel industry must learn from the 1997 Asian financial crisis, which severely impacted the sector through currency weakness, foreign debt, and reduced steel demand. Since steel manufacturing requires high capital investment in factories, machinery, quality control systems, and environmental management, many producers faced financial hardship and took decades to recover. This lesson underscores the need for major transformation across efficiency, quality, safety, and environmental performance. Pravit Horungrem, board member of the Standard Long Steel Association, stressed that upgrading industrial standards should not be viewed as anti-competitive but as setting uniform benchmarks to enhance the nation's long-term competitiveness.

Regarding the expansion of induction furnace technology, Pravit argued that the critical factor should not be the technology's origin but the production results—quality control capability, product consistency, and safety, especially for steel used in building and infrastructure where public safety is at stake. Public hearings on the new steel standards draft will open August 17. Pravit called for constructive dialogue with a shared goal: raising Thai steel standards to ensure effective quality and safety management.

"History teaches us—we must not repeat the IMF crisis. Thailand's steel industry must upgrade its IF standards," Pravit said. He noted that steel sector competition affects not just factory operators but also workers, families, contractors, transporters, scrap dealers, and the entire supply chain, so standard-setting must consider the industry holistically rather than individual operator costs.

TIS criteria should apply equally to all operators regardless of nationality. Any technology meeting stricter standards can compete fairly; those facing limitations should upgrade their production processes and technology to ensure reliable quality control across every output, not just sample testing. Pravit added: "Thailand needs foreign investment, including from China, but it should bring capital, technology, knowledge, and higher standards—not competition through downgrading to support lower-cost technology. Factories can be improved, machinery replaced, technology upgraded, but public safety standards must never be downgraded."

Pravit reiterated that Thai steel industry growth should be strong and sustainable, covering efficiency, quality, social responsibility, and the green industrial transition. Future competitiveness will not be measured by cost alone but by quality, safety, energy efficiency, and environmental impact.