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Byline: Krissana Parnsoonthorn
Feb. 1--The future of property web sites in Thailand depends on economic growth and the popularity of the Internet, said Piyabutr Lertdamrikarn, managing director of Sansiri Home Network Co, operator of Homeandi.com.
The gloomy economic situation would erode confidence of private companies, prompting them to cut or delay advertising spending. This would affect ad revenue of many web sites, he said.
Revenue from ad banners was the major source of income for portals, including Homeandi.com. The majority of its revenue last year came from advertising and fees collected from banks, developers and small companies ...
Source: HighBeam Research, Property Online Services in Thailand Hinge on Ads, Internet Use.