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Search Result for “liquidity crisis”

Showing 1 - 10 of 11

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BUSINESS

Operators of spas anticipate headway

Business, Dusida Worrachaddejchai, Published on 03/09/2021

» Spa operators are hoping the country's reopening and the resumption of domestic tourism in the last quarter will help their businesses, bruised by prolonged lockdown orders.

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BUSINESS

Hotel chains warily eye expansion

Business, Dusida Worrachaddejchai, Published on 09/07/2021

» Hotel chains continue to tread lightly to maintain liquidity, while cautiously rolling out expansion plans amid the pandemic, which has quickly deteriorated prospects for recovery.

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BUSINESS

SQ hotels want wider base

Business, Dusida Worrachaddejchai, Published on 16/03/2021

» State Quarantine (SQ) hotels are urging the government to unlock the market to Thai returnees arriving on semi-commercial flights, calling for a clear timeline if there are plans to terminate this programme.

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BUSINESS

Tour operators flail amid industry disruption

Business, Dusida Worrachaddejchai, Published on 27/02/2021

» The global pandemic marks the most severe crisis in 60 years for Thai tourism as the number of international arrivals bottomed out at 6.7 million last year, compared with nearly 40 million in 2019.

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BUSINESS

Survive, stabilise and grow

Business, Dusida Worrachaddejchai, Published on 03/12/2020

» The global pandemic has turned the tourism industry upside down, and the future remains uncertain. As the negative outlook is likely to challenge the industry in the upcoming year, global hotel management firms shed light on their revised strategies, particularly how to stay agile during times of crisis.

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BUSINESS

Hotel groups push for tourists, finance

Business, Dusida Worrachaddejchai, Published on 18/11/2020

» Leading hotel groups in Thailand are urging the government to speed up the reopening process for tourists and provide additional financial measures to offset the shortfall of inbound tourists before they collapse.

BUSINESS

Former tourism minister urges debt relief for struggling operators

Business, Dusida Worrachaddejchai, Published on 28/08/2020

» Financial institutions should help the beleaguered tourism industry by alleviating operators' debt service burden for three years and encouraging businesses to maximise capability for a future revival, says a former tourism and sports minister.

BUSINESS

Hotels await boost from state agency meetings

Business, Dusida Worrachaddejchai, Published on 21/08/2020

» Hoteliers say they need more demand from state agencies to support domestic meetings in provincial areas as the economic impact from the coronavirus crisis cuts deeper.

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BUSINESS

MINT wrestles with liquidity and capital

Business, Dusida Worrachaddejchai, Published on 04/06/2020

» SET-listed Minor International (MINT) is delaying new investment in all business units and shifting focus to cash management after the global health crisis forced the company to minimise cash outflow and come up with the biggest capital-raising plan in its history.

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BUSINESS

Global-focused NokScoot faces long climb

Business, Dusida Worrachaddejchai, Published on 02/04/2020

» NokScoot is trying to get a grip on its battle with the coronavirus pandemic, while acknowledging that its healing period may take longer in comparison with other airlines because of its dependence on international routes.