Showing 1 - 10 of 46
Call to let foreigners buy more insurance
Business, Nareerat Wiriyapong, Published on 12/02/2026
» Allowing foreigners to buy insurance policies in Thailand with foreign currencies, particularly yuan, would lift the domestic insurance industry, which is pressured by low interest rates and a sluggish economy, says the Thai unit of French insurer AXA.
Chow Tai Fook keen to expand abroad
Business, Nareerat Wiriyapong, Published on 24/10/2025
» The rebounding tourism sector not only gives a boost to local hotels and tourism-related businesses, but also to Chinese jewellery brand Chow Tai Fook as the Hong Kong-listed firm aims to capitalise on the growth of affluent Chinese travellers and a growing middle class in Southeast Asia.
THAI rebounds, but still faces challenges
Business, Nareerat Wiriyapong, Published on 08/09/2025
» With its share price soaring more than 400% within 15 days of Thai Airways International (THAI) resuming trade on the Stock Exchange of Thailand (SET) on Aug 4, the flag carrier has undoubtedly caught the attention of many investors.
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.
Central takeover of Dusit Thani wrangle continues
Business, Nareerat Wiriyapong, Published on 29/08/2025
» A takeover by Central Pattana Plc (CPN) would be considered a positive for Dusit Thani as shares of the SET-listed hospitality group soared significantly on Thursday, amid the intensifying rift between its major shareholders, say analysts.
Thai hotels face double whammy from US tariffs
Business, Nareerat Wiriyapong, Published on 15/05/2025
» Thai hotels are likely to face secondary effects from the US reciprocal tariffs as slowing tourist arrivals may cause hoteliers to cut prices or introduce more aggressive campaigns at home, while their overseas operations cannot escape the impact of the global economic slowdown.
ITD, property lead drop in Thai stock market
Business, Nareerat Wiriyapong, Published on 01/04/2025
» Shares of Italian-Thai Development (ITD) and property development companies led the decline of the Stock Exchange of Thailand (SET) index on Monday following Friday's major earthquake, with an analyst suggesting short-term psychological impact would last for a couple of days.
Selected shares slip over fears of arrivals dip
Business, Nareerat Wiriyapong, Published on 14/01/2025
» Shares of Airports of Thailand (AOT), hotels and airlines plunged on Monday on concerns that Chinese tourist arrivals might fall short of this year's estimate of 8 million as looming trafficking fears prompted Chinese travellers to cancel their planned visits to Thailand.
Narongdej family fully backs Raimon Land's capital increase
Business, Nareerat Wiriyapong, Published on 04/09/2024
» The Narongdej family is fully committed to Raimon Land's (RML) ongoing capital increase, says the company's chairman, noting that the completed and ongoing projects of the listed luxury property developer would generate more than 30 billion baht in revenue over the next 1-3 years.