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BUSINESS

SCG expects gradual growth as costs soar

Business, Dusida Worrachaddejchai, Published on 28/07/2022

» SET‑listed SCG Ceramics, a subsidiary of SCG Cement-Building Materials, expects gradual growth in the second half amid rising energy costs and inflation, prompting the firm to bank on export markets and renovation projects to offset losses.

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PROPERTY

Sansiri to launch 31 projects in H2 as real estate picks up

Business, Dusida Worrachaddejchai, Published on 27/07/2022

» SET-listed developer Sansiri Plc aims to launch 31 new projects worth 31.2 billion baht during the second half, focusing on luxury housing projects and new condos, as it targets revenue of 35 billion baht for both presales and transfers this year.

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BUSINESS

Tour operators jittery despite easing restrictions

Business, Dusida Worrachaddejchai, Published on 25/07/2022

» Outbound travel has shown early signs of a rebound as restrictions ease across the globe, yet tour operators expect many challenges from ongoing viral outbreaks and economic woes.

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BUSINESS

Welcome to the high season

Business, Dusida Worrachaddejchai, Published on 18/07/2022

» Thailand is the first country in Southeast Asia to legalise cannabis, removing it from the Category 5 narcotics list after being published in the Royal Gazette on June 9.

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BUSINESS

Nok Air eyes B4.88bn for recovery effort

Business, Dusida Worrachaddejchai, Published on 15/07/2022

» Nok Air is raising 4.88 billion baht in funding under a rehabilitation process to prepare for recovery while eyeing the opportunity to operate a new hub at Suvarnabhumi airport.

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BUSINESS

Airlines seek state aid amid rising costs

Business, Dusida Worrachaddejchai, Published on 13/07/2022

» Airlines are struggling to control airfares amid high operational costs to maintain positive momentum for the domestic market, urging the government to help lift the financial burden.

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BUSINESS

Hoteliers uneasy over coming long weekends

Business, Dusida Worrachaddejchai, Published on 12/07/2022

» Hotel operators have voiced mixed feelings over travel sentiment for the two long holidays in July as the spike in Covid-19 infections and oil prices continue to impact tourism.

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BUSINESS

Mice operators see signs of recovery

Business, Dusida Worrachaddejchai, Published on 09/07/2022

» Mice (meetings, incentives, conventions and exhibitions) operators are noting signs of a rebound from the international market following the country's reopening, with revenue from exhibitions this year expected to reach 60% of the pre-pandemic level in 2019.

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BUSINESS

Hoteliers deride government proposal for dual pricing

Business, Dusida Worrachaddejchai, Published on 08/07/2022

» Hoteliers have expressed concerns about the government's plan to set dual pricing for foreign tourists and locals, saying the move is "impractical" and demanding the administration roll out effective promotions to spur tourism sentiment in an effort to increase room rates.

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BUSINESS

Domestic market to reach a peak in Q3

Business, Dusida Worrachaddejchai, Published on 05/07/2022

» Domestic tourism is expected to record the highest level of travel sentiment in the third quarter since the pandemic thanks to a shift towards an endemic approach and several long holidays, according to the Tourism Council of Thailand (TCT).