The international political pressure on the overall investment in the region, including the Thai stock market AWS believes that the Thai and regional stock markets will still fluctuate due to the conflict between the U.S. and China, which is a negative factor. The U.S. restricts the issuance of visas to employees of Chinese technology companies (Huawei) in response to supporting the Chinese government in violation of human rights. The measures of the U.S. Department of State is another measure of the Western nations towards China after earlier, England issued a ban banning Huawei and orders of the U.S. leaders that reduced Hong Kong privileges to come down to equal to China. Lastly, Chinese will review countermeasures measures from this point.【อ่านข้อความเต็ม】
For condominium products, in the second half of 2020 the company has two new condominium projects which have been completed and are being delivered. They are Life Asoke – Rama 9 worth THB 9,800 million, 94% sold with deliveries slated for this August; and Aspire Asoke – Ratchada worth THB 2,900 million, 95% sold with deliveries scheduled for this August. The company also has up to THB 42,915 million worth of backlog for condominiums to be realized over the next three years (through to 2023). For ongoing projects, it has 18 condominium projects worth THB 21,000 million in outstanding value. While the current situation may possibly make condominium buyers reluctant to make short-term investment, the company is confident that those buying for long-term investment will still find investing in residential properties a better value for money than other forms of investment. While AP has put off the launch dates for new condominium projects, all its staff members have continued to follow its original plans to make sure that all projects are ready to launch once the situation improves or there is government support in the fourth quarter of the year.【อ่านข้อความเต็ม】