Showing 1 - 10 of 27
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.
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.
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.
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.
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.
Associations see minimal impact from rate cut
Business, Narumon Kasemsuk, Published on 01/11/2024
» Three property associations forecast a slim impact from the recent policy rate cut, as interest rates for mortgages were reduced by only 0.125%.
Privilege Card posts solid profit
Business, Narumon Kasemsuk, Published on 21/03/2024
» The growth in membership of the Thailand Privilege Card has been attributed in a large part to geopolitical conflict and political unrest in numerous countries, with the number of members from such countries surging to 3,871, according to the operator of the card.
Index Living Mall eyes Furinbox growth
Business, Narumon Kasemsuk, Published on 19/03/2024
» Despite a high mortgage rejection rate in the low-income segment, SET-listed Index Living Mall (ILM) saw this group become one of the fastest-growing segments last year, prompting the company to expand its brand to be competitive through the sale of non-branded furniture and affordable products made in China.
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.
Hotel margins dented by rising costs
Business, Narumon Kasemsuk, Published on 03/02/2024
» The end of reductions for property tax and elevated energy prices this year have pushed up operating costs for hotels by at least 10%, leading to lower margins even as they service more guests.