Showing 1 - 10 of 163
Consumer spending to finally recover this year
Business, Nareerat Wiriyapong, Published on 19/09/2024
» The Bank of Thailand's expected interest rate cuts, prompted by the strong baht, and growth in the tourism sector will both increase the country's consumer spending, which is expected to exceed the 2019 level for the first time this year, say analysts.
More man-made entertainment magnets in Thailand
Business, Molpasorn Shoowong, Published on 16/09/2024
» While Thailand is usually perceived as a "sea, sand and sun" destination, attracting new tourism markets by developing man-made attractions has piqued the interest of the private sector.
Fraying the ties that bind
Business, Post Reporters, Published on 09/09/2024
» As a new government takes over, the Thai economy has handled significant volatility during the past 12 months, driven by both internal and external challenges.
IHG keen on hotel conversion in Thailand
Business, Molpasorn Shoowong, Published on 30/08/2024
» Hotels globally are reporting an increasing conversion rate post-pandemic, particularly from independent hotel owners, according to international chain IHG Hotels & Resorts, which is eager for conversion in Thailand with a new mid-scale brand.
DUP..Homeowners scramble to pay mortgages as loan levels rise
Business, Published on 28/08/2024
» Lower-income homebuyers have struggled to repay mortgages following an uptick in interest rates, leading to a significant increase in housing non-performing loans (NPLs) during the second quarter of this year.
The yen strikes back
Business, Published on 24/08/2024
» The Chicago Board Options Exchange Volatility Index, which measures volatility on the S&P 500 index, rose to an intra-day high of 66% on Aug 5.
Villa Market remains upbeat
Business, Kuakul Mornkum, Published on 21/08/2024
» The high level of household debt won't significantly impact Villa Market, according to Villa Market JP Co, the operator of the supermarket chain, as the company targets the high-income segment.
Handout could trigger fiscal crisis
Business, Published on 14/08/2024
» The government is being advised to revise the way it hands out money to people to avoid incurring a substantial public debt, which can affect the government's budget, potentially triggering a fiscal crisis.
YouTrip eager to grow regional offerings
Business, Somruedi Banchongduang, Published on 10/08/2024
» YouTrip, the Singapore-based fintech firm, is evolving beyond being a travel card service after establishing itself as Southeast Asia's leading multi-currency digital payments platform, demonstrating the fastest growth in the region's business sector.
Hotels to seek damages from FTI collapse
Business, Molpasorn Shoowong, Published on 06/08/2024
» With hotels reporting over 111 million baht in losses from the collapse of the German tour company FTI Group, operators will seek assistance from the German Embassy in Thailand via coordination with the Tourism and Sports Ministry.