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Search Result for “tourism recovery”

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BUSINESS

Thailand’s 2026 growth outlook improves to 2.1%, despite structural headwinds

Nuntawun Polkuamdee, Published on 27/02/2026

» Thailand’s economic outlook for 2026 has improved modestly, though growth is expected to remain subdued, according to TRIS Rating.

BUSINESS

Centara expands into budget hotels

Business, Molpasorn Shoowong, Published on 27/02/2026

» Centara Hotels & Resorts is targeting revenue growth of 15% this year, banking on a recovery in Thai tourism and diversified markets. The company will begin investing in the first phase of six budget hotels from 2026 to 2028 at petrol stations in partnership with PTT Oil and Retail Business (OR).

BUSINESS

Analysts see buoyant SET following rate cut

Nuntawun Polkuamdee, Published on 27/02/2026

» Analysts are lifting Stock Exchange of Thailand (SET) index estimates for 2026 after the Monetary Policy Committee (MPC) cut the policy rate by 25 basis points (bps) to 1.00%, the lowest level in nearly four years, triggering expectations of a market re-rating.

THAILAND

Highway upgrade eases traffic flow

News, Post Reporters, Published on 27/02/2026

» The Department of Highways (DoH) has completed a major upgrade to Highway 4030 in Phuket, transforming a previously hazardous two-lane section into a safer, more efficient thoroughfare.

THAILAND

Businesses along border call for aid

News, Jakkrit Waewkraihong, Published on 27/02/2026

» TRAT: Businesses along the border are calling for urgent government intervention as they struggle to survive in the face of prolonged closures of key checkpoints as a result of ongoing tensions between Thailand and Cambodia.

THAILAND

Govt orders re-test for toxins

News, Apinya Wipatayotin, Published on 27/02/2026

» Chiang Rai: Authorities will conduct another test to determine the concentration of arsenic in the Kok River, following recent research that found traces of the heavy metal in samples collected from residents living along the river.

BUSINESS

SCB predicts gradual baht decline

Business, Somruedi Banchongduang, Published on 27/02/2026

» Siam Commercial Bank (SCB) expects the baht to gradually weaken against the US dollar, reaching 33 baht per dollar in the fourth quarter of this year, driven by a combination of domestic and external factors.

BUSINESS

Two banks cut lending interest rates

Business, Somruedi Banchongduang, Published on 27/02/2026

» In response to the Bank of Thailand's policy rate cut on Wednesday, Bangkok Bank (BBL) and the Bank for Agriculture and Agricultural Cooperatives (BAAC) yesterday announced a reduction to their lending interest rates of 0.1 percentage points per year.

BUSINESS

Thai Airways aims for 5% revenue growth

Published on 26/02/2026

» Thai Airways International Plc expects revenue to grow 5% this year as it adds new aircraft and expands in key Asian markets, including India and China.

THAILAND

Oil spill reaches small island off Phuket

Achadthaya Chuenniran, Published on 26/02/2026

» PHUKET - The oil spill from the capsized cargo ship Sealloyd Arc earlier this month has reached Koh Hey, a tourist island just off the southeast coast of this tourist island, with authorities continuing clean‑up operations on Thursday.