Thai Developer Italian-Thai Development Faces Cash Flow Issues, Seeks Bank Loans

18 Mar 2024 CW Team

Italian-Thai Development, a prominent developer in Thailand, has disclosed cash flow challenges and is actively seeking bank loans to address the issue. This revelation signals financial difficulties faced by the company amid prevailing market conditions in the real estate sector.

The acknowledgment of cash flow issues underscores the impact of economic uncertainties on the operations of Italian-Thai Development. By pursuing bank loans, the company aims to alleviate liquidity constraints and maintain business continuity amidst financial pressures.

The decision to seek bank loans reflects Italian-Thai Development's proactive approach to managing its financial obligations and sustaining its operations. It highlights the company's efforts to secure additional funding sources and navigate through challenging times in the real estate market.

As Italian-Thai Development grapples with cash flow challenges, stakeholders will closely monitor the company's financial performance and response strategies. The outcome of its efforts to secure bank loans will likely have implications for its business outlook and market positioning in the coming months.

The disclosure of cash flow issues by Italian-Thai Development underscores the need for resilience and adaptability in the face of economic uncertainties. It serves as a reminder of the challenges inherent in the real estate sector and the importance of prudent financial management practices.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..