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Search Result for “utilisation rate”

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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.

BUSINESS

Pundits upbeat on monetary-fiscal fusing

Business, Nareerat Wiriyapong, Published on 27/02/2026

» The Bank of Thailand's rate cut this week, earlier than analysts expected, is a "positive surprise" sending a signal that monetary and fiscal policies should work more coherently from now on to prop up a subdued economy, note analysts.

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

E-commerce giants form Thai trade group

Published on 26/02/2026

» Thailand needs a sustainable digital infrastructure to guarantee continued health of the industry, according to the Thai Digital Platform Trade Association (TDPA), a new trade group founded by major operators Grab, Lazada, Line Man Wongnai and Shopee.

BUSINESS

Thai manufacturing index rises on election activity

Lamonphet Apisitniran, Published on 26/02/2026

» Factory activity in Thailand picked up in January, driven by heightened political activity during the election campaign and strong demand in the automotive sector, according to the Office of Industrial Economics (OIE).

THAILAND

UK science fund helps Thai talent

News, Jutamas Tadthiemrom, Published on 26/02/2026

» British Council Thailand says international collaboration in the education sector will address Thailand's productivity, one of the country's main economic challenges.

BUSINESS

AstraZeneca Launches “A.Catalyst Thailand Hub”: AI-Integrated Health Transformation

Published on 26/02/2026

» AstraZeneca (Thailand) Ltd., in collaboration with the public and private sectors, academia, and patient networks, has officially launched the A.Catalyst Network Thailand Hub. This global health innovation network aims to synergise cross-sector potential by leveraging artificial intelligence technology and digital solutions to advance proactive healthcare. The A.Catalyst Network Thailand Hub’s Honourable Advisers comprises experts from diverse fields dedicated to driving innovation for a sustainable healthcare future.

PROPERTY

Frasers Property rebalancing portfolio

Kanana Katharangsiporn, Published on 26/02/2026

» SET-listed Frasers Property Thailand (FPT) is consolidating the management teams of its property development affiliates as it prepares to oversee condo developer Grand Unity Development Co, following its assumption of management at the mixed-use project One Bangkok.