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Search Result for “duty-free concession”

Showing 1 - 10 of 129

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THAILAND

Provincial authorities ordered to withdraw funding

News, Post Reporters, Published on 18/06/2025

» The Budget Bureau has reportedly instructed the chairs of provincial administrative organisations (PAOs) to withdraw funding requests for a drought management scheme worth over 51.5 billion baht, amid allegations of political interference in budget allocations.

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GENERAL

Tourism dip fuels worst stock drop in Asia at Thai airport firm

Published on 17/06/2025

» Thailand’s post-Covid flood of tourists has turned into more of a trickle, adding to concerns for Airports of Thailand Plc (AoT) as it grapples with shrinking duty-free sales without a full-time chief executive officer. 

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GENERAL

Airports of Thailand shares continue to fall

Nareerat Wiriyapong, Published on 16/06/2025

» Shares in Airports of Thailand (AOT) continued to plunge on Monday as the company said it would negotiate with King Power Duty Free (KPD) within 45 days after the latter requested a possible termination of a duty-free concession contract at five airports.

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INVESTMENT

Sell-off keeps SET trapped near 4-year low

Business, Published on 22/02/2025

» A sell-off this week in a few heavyweight stocks pulled the benchmark SET index down to a bottom of 1,237 points, the lowest since the depths of the Covid crisis in November 2020.

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INVESTMENT

SET pressured as investors dump DELTA, AOT shares

Business, Nuntawun Polkuamdee, Published on 18/02/2025

» Investors heavily dumped shares of Delta Electronics (DELTA) and Airports of Thailand (AOT) on concerns over the companies' specific issues, pressuring the overall Stock Exchange of Thailand (SET) as the two firms are big cap stocks of the local bourse, analysts say.

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SPORTS

Dikembe Mutombo, a towering NBA presence, dies at 58

New York Times, Published on 01/10/2024

» ATLANTA - Dikembe Mutombo, who arrived at Georgetown University as an international student with aspirations of being a doctor but who instead became a towering presence in professional basketball and a dedicated humanitarian in his native Congo, died Monday in Atlanta. He was 58.

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OPINION

Suvarnabhumi can shine again

Editorial, Published on 10/03/2024

» When it was opened to the public in 2006, Suvarnabhumi Airport reflected the mood and aspirations of the entire nation. The airport's main terminal -- a sprawling glass-and-steel structure that covered an area of about 500,000 square metres before its subsequent expansions -- was designed to look like a floating pavilion, its undulating canopy creating an illusion of space. The airport's design language is worlds apart from Don Mueang's, and the message to arriving passengers that Thailand, like its gleaming, brand-new airport, is open and ready to take a step into modernity was clear.

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GENERAL

Exploring the effort to axe duty-free stores

Business, Wichit Chantanusornsiri, Published on 21/12/2023

» Thailand is a well-known tropical destination with cheaper prices for accommodation, meals, transport and activities than in most Western countries.

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THAILAND

Stripping away the mask

News, Published on 12/02/2023

» The opposition has outlined a dozen issues to be launched in this week's general debate aimed not at bringing down the government straight away but running it into disrepute for the next polls three months down the road.

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BUSINESS

Airport operator has wings

Business, Nuntawun Polkuamdee, Published on 03/12/2022

» Airports of Thailand (AOT), the world's largest airport operator in terms of market capitalisation, has returned to the spotlight this year as the reopening of borders to tourists has led to skyrocketing passenger arrivals.