Showing 1 - 10 of 13
Low net margin hampers aviation industry
Business, Molpasorn Shoowong, Published on 05/06/2024
» DUBAI: Despite forecasts of record-high revenue of nearly US$1 trillion this year, the aviation industry is hampered by a low net margin as geopolitical and economic challenges continue to affect cost management and its net-zero target, says the International Air Transport Association (IATA).
New Thai airline focuses on the South
Business, Molpasorn Shoowong, Published on 04/06/2024
» A new airline founded by a Thai aircraft dealer and technology trading company plans to operate short domestic flights in the South, banking on high-spending local travellers.
Operators vie with inflation, high interest rates
Business, Molpasorn Shoowong, Published on 27/05/2024
» Despite an upbeat projection for the Thai tourism industry, some businesses are struggling with high inflation and elevated interest rates, which require government action to remedy, according to Onyx Hospitality Group.
Confidence index underwhelms in first quarter
Business, Molpasorn Shoowong, Published on 12/04/2024
» The tourism confidence index for the first quarter is lower than normal, according to the Tourism Council of Thailand (TCT), attributed to lower revenue for tourism operators and deflation risks.
Call to boost tourism investment in provinces
Business, Molpasorn Shoowong, Published on 16/03/2024
» With Prime Minister Srettha Thavisin claiming Thailand will be a tourism hub next year, the private sector is worried about a lack of preparations in second-tier cities as high-potential segments such as sports tourism have yet to receive full support.
Retail sector still sensitive
Business, Molpasorn Shoowong, Published on 11/03/2024
» Despite higher tourist spending and tax incentives to spur purchases, Thailand's retail industry remains fragile, with an influx of substandard goods from China piling pressure on local entrepreneurs.
Airlines contend high fares are justified
Business, Molpasorn Shoowong, Published on 09/03/2024
» As consumers cry foul over expensive domestic airfares, Thai AirAsia says ceiling prices should not be slashed as airlines have carried a higher cost burden since the pandemic.
CRC unit sees tourism pacing growth
Business, Molpasorn Shoowong, Published on 17/02/2024
» Thailand's food industry should grow 2-3% in 2024, driven by inbound tourists nearing the level tallied in 2019, according to Central Food Wholesale.
CRC targets 9-11% revenue growth
Business, Molpasorn Shoowong, Published on 13/02/2024
» Central Retail Corporation (CRC) is targeting 9-11% revenue growth in 2024, mainly driven by improved tourism and consumption, while voicing concerns over an influx of cheap imported goods.
CPN unveils Central in Nakhon Sawan
Business, Molpasorn Shoowong, Published on 01/02/2024
» Retail and property developer Central Pattana Plc (CPN) has launched Central Nakhon Sawan as a new northern hub with a mixed-use development model worth 5.8 billion baht, targeting daily foot traffic of more than 25,000, strengthened by domestic consumption.