Thai stock market highlights and Asia-Pacific office trends

In Thailand, several major companies are reporting significant developments. Delta Electronics is seeing strong growth driven by AI investment and data center demand, with analysts eyeing record profits. PTT is focusing on capital discipline and global energy roles, while PTTEP has established a joint venture, Seela Energies, for offshore gas projects in Abu Dhabi, UAE. In the banking sector, TTB is conducting its fifth share buyback worth 14 billion baht, and KTB expects loan growth to meet targets for 2026.

Other notable Thai business activities include AOT's plans to lease 200 rai of land for logistics to boost Suvarnabhumi's cargo capacity, and SPALI's return to the Chiang Mai condominium market with a 2.55 billion baht project. Additionally, Betagro is expanding its egg business toward Singapore and Hong Kong, and BCPG expects a 37% profit increase in Q3 due to US gas plant earnings.

On a regional scale, a CBRE survey indicates that office space usage in Asia-Pacific has stabilized, with 88% of employees returning to the office at least three days a week. Half of the surveyed companies plan to expand their office footprints over the next three years, prioritizing high-quality workspaces. The report also notes a rapid increase in the adoption of AI for real estate operations, rising from 9% in 2024 to 46% recently.