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Homebuilder Four Pattana has launched its lat¬est marketing campaign, called Happy Ending - The Year of 4, to boost sales in the final months of the year.

The company will launch a new model for premium detached houses, and will offer dis¬count prices of nearly 10 per cent. The firm's "Young Executive" series also will also be offered at a 7 per cent discount, managing director Pramote Teerakul said.

The campaign will run from now until the end of this year. - The Nation

investing in india

Qatari developer forms joint ven¬ture

Barwa Real Estate, Qatar's secondlargest prop¬erty developer, has formed a joint venture with Sun Group to invest in India's realestate market as part of the company's expansion into South Asia.

SunBarwa Land will raise capital from Qatari and Middle Eastern investors to acquire and develop land banks in highgrowth corridors in India, the company said. - Bloomberg.

tcc land

Plan to expand overseas invest¬ment

TCC Land, the property arm of beverage tycoon Charoen Sirivadhanabhakdi, will expand its overseas investments when property prices there drop following the global economy crisis, the company's director Somapat Trasorat said.

He said the company was delaying domestic investment because of the country's political uncertainty, but TCC Land had a cash flow of up to Bt3 billion, and that was enough to expand its overseas investment. - The Nation

retail sales

Chinese growth at fastest pace in years

China's retail sales have grown at almost their fastest pace in nine years, even as the global financial crisis and a property slump knock con¬fidence.

Sales rose 22 per cent in October from a year earlier, to 1.008 trillion yuan (Bt5.16 trillion), after gaining 23.2 per cent in September, the statistics bureau said.

China's government has pledged $586 billion (Bt20.52 trillion) of spending on lowcost hous¬ing and infrastructure, seeking to boost confi¬dence as the world's fourth biggest economy loses steam. Waning export demand and falling realestate sales threaten to undermine growth that has already slowed to the weakest pace in more than five years.

"The big package sent a signal for people to keep shopping," said Arthur Kroeber, head of research at Dragonomics Advisory Services in Beijing. "Rising domestic consumption will help to cushion economic growth in the coming months." - Bloomberg