Showing 1 - 10 of 51
Thai hotels forced to cut room rates
Business, Nareerat Wiriyapong, Published on 03/09/2025
» Thailand's hotel sector is experiencing its first pricing pressure after four consecutive years of rate increases that have nearly doubled average room rates since 2021, as tourists from China and other major Asian markets have dropped significantly, says Tris Rating.
Thai hotels cut room rates amid falling tourist numbers
Nareerat Wiriyapong, Published on 02/09/2025
» Thailand’s hotel sector is experiencing pricing pressure this year after four consecutive years of rate increases that have nearly doubled average room rates since 2021, as tourists from China and other major Asian markets have dropped significantly, says Tris Rating.
Frasers expands its regional presence
Business, Nareerat Wiriyapong, Published on 08/07/2025
» Frasers Property, the Singapore-based property developer and management company of the Sirivadhanabhakdi family, is deepening its presence in Thailand, Vietnam and Singapore to build a resilient portfolio amid an increasingly uncertain global environment.
Phuket eyed for crypto sandbox
Business, Nareerat Wiriyapong, Published on 01/02/2025
» In a move cheered by cryptocurrency enthusiasts, last month former prime minister Thaksin Shinawatra proposed using Phuket province as a Bitcoin sandbox for tourism, aiming to encourage digital currency holders to spend in Thailand.
Maguro poised for aggressive expansion
Business, Nareerat Wiriyapong, Published on 03/08/2024
» Amid the growing popularity of Japanese food in Thailand, the MAGURO restaurant brand has managed to place itself in the minds of Thai diners, with aggressive expansion on the cards this year and next.
Delta bets on hot tech sectors
Business, Nareerat Wiriyapong, Published on 29/06/2024
» As global electronics demand is projected to pick up in the second half of 2024 following inventory destocking, Delta Electronics (Thailand) expects to be a beneficiary thanks to its product mix, continued expansion and geopolitical diversification.
Generali unit emphasises portfolio quality
Business, Nareerat Wiriyapong, Published on 28/10/2023
» With a 192-year history, Generali is one of the oldest insurance companies worldwide with assets under management tallying €618 billion and 82,000 employees as of last year.
The new Covid challenge
Asia focus, Nareerat Wiriyapong, Published on 11/07/2022
» As many Thais return to the office, entertainment venues reopen and wearing face masks is no longer mandatory in outdoor public places, new daily coronavirus cases have begun to climb lately, notably among school students.
Climate needs urgent actions now
Asia focus, Nareerat Wiriyapong, Published on 27/06/2022
» Cities around the world are no strangers to riverine flooding. In December 2021, the four main rivers running through Kuala Lumpur hit dangerous levels, causing nearby rail lines to shut down and halting mobility across the city. In March this year, storms prompted flood warnings along Australia's east coast, including in Sydney. Thousands of residents had to flee their homes.
Steps to wellness
Asia focus, Nareerat Wiriyapong, Published on 13/06/2022
» It takes about 90 minutes for an eight-seater plane departing Suvarnabhumi International Airport to reach an airport on a small island in Trat province in eastern Thailand. Then all the guests of Soneva Kiri, a luxury resort operated by an award-winning sustainable resort operator, board a speedboat for the five-minute trip to their destination on the unspoiled island of Koh Kood.