Showing 1 - 10 of 45
Tycoon's property unit sees earnings jump on tourism boom
Bloomberg News, Published on 26/03/2024
» A Thai developer of hotels and shopping malls controlled by Thailand's richest man expects the recent surge in international tourists to boost its first quarter earnings this year.
Thai Airways posts fourth-straight profit
Bloomberg News, Published on 10/11/2023
» Thai Airways International Public Company Limited (THAI) reported a fourth-straight quarterly profit as passenger numbers continued to improve in the wake of the coronavirus disease (Covid), with extra impetus coming from travellers from China.
Thailand mulls easing visa rules to lure Chinese, Indian tourists
Bloomberg News, Published on 30/08/2023
» Thailand is likely to ease visa rules for Chinese and Indian travellers and allow longer stays for visitors from all nations as new Prime Minister Srettha Thavisin looks for ways to boost tourism revenue to nearly US$100 billion next year.
A 99% stock crash and shock default raise alarm
Bloomberg News, Published on 23/06/2023
» Only a year ago Stark Corporation looked like a Thai corporate success story. Backed by a wealthy local businessman, the nearly US$2 billion maker of electrical cables was an aggressive acquirer making its first major push beyond Asia.
Earnings surge for main Thai airlines as tourists flock back
Bloomberg News, Published on 14/05/2023
» Thai Airways International (THAI) Public Company Limited and Bangkok Airways Public Company Limited reported a surge in first-quarter earnings as tourists flocked back to Thailand.
Thai Airways 2022 operating loss narrows amid boom in air travel
Bloomberg News, Published on 24/02/2023
» Thai Airways International (THAI) Plc’s operating loss narrowed 84% last year after Thailand eased pandemic-related border restrictions and tourists started to come back to the popular Southeast Asia holiday destination.
THAI eyes B25bn loans to finance operations
Bloomberg News, Published on 15/06/2021
» Thai Airways International is seeking new loans to help fund operations after the court approved its plan to restructure at least 170-billion-baht debt.
Thai Airways creditors delay vote on debt restructuring plan
Bloomberg News, Published on 12/05/2021
» Thai Airways International Plc delayed a vote on its restructuring plan by a week after some creditors pushed for changes and sought time to study some last-minute tweaks unveiled by the administrator.
5-star hotels squeeze small operators with discounts
Bloomberg News, Published on 09/03/2021
» A stunning plunge in international visitors during the pandemic has been a disaster for Thailand’s tourism industry, decimating the ranks of small operators and leaving the landscape dominated by luxury hotels.
Thai Airways debt revamp plan gets support from finmin
Bloomberg News, Published on 03/03/2021
» The Finance Ministry, the largest shareholder of Thai Airways International Plc, signalled its support for a restructuring plan that includes raising fresh capital, a temporary freeze on repayment of borrowings and slashing its workforce by half to return the debt-ridden airline to profit.