n the past, the Thai Chamber of Commerce championed the Connect the Dots approach, fostering collaboration across all sectors, including the government, private sector, and citizens, to revitalize the country's economy. Over the past two years, the Thai Chamber of Commerce has assumed a more significant role in society, leading to an increase in membership to 140,000 at present.
Origin Infinity is dedicated to fostering continual growth and prioritizing consumer well-being. In its recently unveiled 2023 business plan, Origin Property, operating under the banner of 'Origin Infinity,' is committed to nurturing sustained growth and delivering exceptional care to consumers.
The Eastern Economic Corridor (EEC), which consists of three provinces, namely Chachoengsao, Chonburi, and Rayong, is important to the country's economic development because 80% of the investment budget is allocated to this area. Therefore, the success or failure of the EEC will inevitably affect the country's ability to move forward.
Many people have asked me why "Supalai" had the highest profit of 7.07 million baht in 2021 and such an outstanding average turnover from 2017 to 2021, especially profitability, compared to the top 10 listed real estate development companies. The net profit after taxes of Supalai was at averaged 22% compared to those of the top 10 companies which averaged 15% while the return on equity that Supalai achieved was 16%, compared to 13% for the top 10 companies.
Moreover, it focuses on coordination between the government, the private sector and various agencies, including creating both online and offline marketing to drive tourism, and promote public utilities in the area of Si Racha, Loi Island, Si Chang Island. There is a focus on historical tourism, preserving natural attractions, reviving arts and culture as well as widely known Thai traditions.
The world is transforming and most transactions will be done on online platforms. In fact, when the COVID-19 pandemic crisis hit, it accelerated the change. All of us need to adjust ourselves to new things. Consumers are now turning to online shopping, ordering food online, and use mobile banking, etc. However, Thailand is considered as a slow developing country, compared to others.
Current Situations in the Real Estate Business