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BUSINESS

Domestic airfares continue to decrease

Business, Narumon Kasemsuk, Published on 04/12/2025

» Despite a dispute over expensive airfares to flood-stricken Hat Yai, average domestic ticket prices this year continued to decline, as low-cost carriers fled from underperforming Chinese routes to add domestic flights and avoid competition with state-backed Chinese airlines.

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BUSINESS

Dusit chief has investors expecting a 2025 rebound

Business, Narumon Kasemsuk, Published on 14/06/2025

» SET-listed Dusit International has convinced its investors of a more positive outlook for this year, expecting to generate 16 billion baht in revenue from Dusit Residence transfers and reduced interest burdens.

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BUSINESS

AWC to sink B22bn into sector this year

Business, Narumon Kasemsuk, Published on 28/02/2025

» SET-listed Asset World Corp (AWC) is ramping up new investment to 22 billion baht in the hospitality sector this year to capture the rising tourism wave, starting with 8.7 billion baht to acquire the Le Concorde office and hotel on Ratchadaphisek Road.

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BUSINESS

Operators scrutinise new Provincial Administrative Organization chiefs

Business, Narumon Kasemsuk, Published on 31/01/2025

» With Provincial Administrative Organization (PAO) elections being held nationwide on Saturday, tourism operators hope the new PAO chiefs can integrate their development plans with public tourism agencies to tackle ongoing issues.

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BUSINESS

Airline results buoyed by arrival, fare hikes

Business, Narumon Kasemsuk, Published on 14/11/2024

» International arrivals helped drive the operating results of Thai carriers despite the third quarter coinciding with the low season, but smaller fleets still pressure the aviation industry, resulting in consistently high airfares.

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BUSINESS

Airlines: Aviation hub goal requires work

Business, Narumon Kasemsuk, Published on 02/03/2024

» Airlines have applauded the government's policy to develop the country as an aviation hub, but remain concerned about congestion at key airports, which requires time and a large investment in order to serve growing demand.

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BUSINESS

Airbnb upbeat as tourism rebounds

Business, Narumon Kasemsuk, Published on 05/05/2023

» Airbnb closed 2022 with an impressive turnaround as the pandemic-hit business reported its first annual profit on revenue growth of 40% to US$8.4 billion, with net income of $1.9 billion.

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BUSINESS

Carriers upbeat on recovery prospects

Business, Narumon Kasemsuk, Published on 25/02/2023

» Airlines are optimistic about recovery this year, with an expansion of services to China being a key driver, following a significant improvement in 2022, particularly during the fourth quarter.

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BUSINESS

The lowdown on the high-end scheme

Business, Narumon Kasemsuk, Published on 01/02/2023

» The Thailand Elite Card is in the public spotlight again after Jirayu Huangsap, an MP from the Pheu Thai Party, said in parliament last week that shady Chinese business operators had become members of this privilege programme.

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BUSINESS

Elite Card to lure wealthy investors with work visas

Business, Narumon Kasemsuk, Published on 18/02/2022

» Thailand plans to use a newly introduced Thailand Elite Card programme offering a work permit to lure investments from international professionals.