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BUSINESS

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.

BUSINESS

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.

BUSINESS

Roughly 60% of people in Asia-Pacific work a side job

Business, Nareerat Wiriyapong, Published on 12/05/2023

» Almost 60% of people in Asia-Pacific have a side job, with the majority saying they do so to make ends meet, according to a recent survey from global health and wellness company Herbalife.

BUSINESS

MORE to proceed with capital increase

Business, Nareerat Wiriyapong, Published on 23/11/2022

» More Return Plc (MORE) insisted on Tuesday it would continue with a plan to raise capital amid an ongoing investigation into suspicious transactions of its shares that prompted the Stock Exchange of Thailand (SET) to suspend trade of the stock last week.

BUSINESS

Pushing the envelope for inclusion

Business, Nareerat Wiriyapong, Published on 25/10/2022

» When Carla Grant Pickens joined IBM over two decades ago, she was a new mum in search of a job in her late 20s. She knew the US multinational technology company had long been at the forefront of promoting diversity and inclusion, which it still values to this day.

BUSINESS

Journeys of discovery

Asia focus, Nareerat Wiriyapong, Published on 16/08/2021

» Sipping green tea after having a Thai lunch at his house, Farid Bidgoli looks relaxed yet energetic, and ready for an interview. From his appearance and accent, the 42-year-old executive looks exactly like someone from the UK where he was born, though he is half Iranian with a spirit inherited from his father.

BUSINESS

In search of a lasting recovery

Asia focus, Nareerat Wiriyapong, Published on 05/04/2021

» The Covid-19 pandemic has caused severe social and economic damage, setting back development gains by years. It has also exposed the lack of preparedness of many countries for dealing with such a shock.

BUSINESS

New hope in a post-Trump world

Asia focus, Nareerat Wiriyapong, Published on 16/11/2020

» Following Thai politics is making me increasingly frustrated, and I'm losing hope that things will ever get back to normal. Case in point: not only do we have a cabinet minister who served four years in an Australian prison for drug trafficking, but now one of his wives has been appointed to a position in the Prime Minister's Office.

BUSINESS

Choose safety over selfies

Asia focus, Nareerat Wiriyapong, Published on 21/10/2019

» During my most recent visit to Ho Chi Minh City, I was captivated by the sight of an old apartment building that had been converted into a fantastic collection of restaurants, coffee shops, co-working spaces and a bookshop.

BUSINESS

In search of certainty

Asia focus, Nareerat Wiriyapong, Published on 27/05/2019

» The world has become a more uncertain place, as escalating tensions between the US and China could potentially damage the global economy on a bigger scale than anyone has thought, business leaders warn.