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Search Result for “financial services”

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BUSINESS

The lowdown on the high-end scheme

Business, Narumon Kasemsuk, Published on 01/02/2023

» The Thailand Elite Card is in the public spotlight again after Jirayu Huangsap, an MP from the Pheu Thai Party, said in parliament last week that shady Chinese business operators had become members of this privilege programme.

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BUSINESS

Thai AirAsia X bankruptcy filing accepted by court

Business, Narumon Kasemsuk, Published on 20/05/2022

» After more than two years without passenger flights, Thai AirAsia X (TAAX) filed for bankruptcy protection, with the case accepted by a Thai bankruptcy court on Wednesday.

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BUSINESS

Thailand offers aid to stranded tourists

Business, Narumon Kasemsuk, Published on 08/03/2022

» More than 7,000 tourists from Russia and Ukraine in Thailand are allowed to extend their visas without an application fee as the government is considering measures to offer humanitarian assistance to those affected by international flight cancellations.

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BUSINESS

Operators fret over B500 tourist fee

Business, Narumon Kasemsuk, Published on 05/10/2021

» Tourism operators have raised concerns about the 500 baht fee to be collected from foreign tourists next year, worried that the timeline of this policy may not be appropriate for an industry in dire need of recovery.

BUSINESS

Hotels braced for even tougher times ahead

Business, Narumon Kasemsuk, Published on 13/08/2021

» The hotel industry is preparing for the downturn to continue in the second half of this year after seeing revenue drop to below 10% of pre-pandemic levels, according to a report by the Tourism and Sports Ministry.

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BUSINESS

The heavy burden of reopening

Business, Narumon Kasemsuk, Published on 03/07/2021

» While Phuket celebrates reopening to tourists for the first time in more than a year, with international flights bringing more than 300 vaccinated arrivals to the island on Thursday, the scene elsewhere in Thailand is a struggle with the relentless pandemic.

BUSINESS

Scoot dependent on cargo services to survive virus

Business, Narumon Kasemsuk, Published on 30/06/2021

» Scoot airline credits its survival to strong financial support, cutting its employee numbers and robust cargo services during the pandemic.

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BUSINESS

Cargo helped Scoot survive pandemic

Narumon Kasemsuk, Published on 29/06/2021

» Low-cost airline Scoot has survived the pandemic with the help of strong shareholder support, income from robust cargo services and employee cutbacks, according to the airline's chief executive.

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BUSINESS

Italthai preps recapitalisation plan for Thai hotels

Business, Narumon Kasemsuk, Published on 01/04/2021

» Italthai Group is preparing a recapitalisation plan for its hotel business in Thailand to stem the impact of the pandemic because a full recovery is not expected for five years.

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BUSINESS

Asset warehousing appeals to hoteliers

Business, Narumon Kasemsuk, Published on 29/03/2021

» Most hotel owners want to enrol in the asset warehousing programme to mitigate the financial impact from the pandemic, which is worse this year than 2020, according to the Thai Hotels Association (THA).