Showing 1 - 10 of 96
What the Gulf conflict means for airlines
Business, Molpasorn Shoowong, Published on 25/04/2026
» The US-Iran conflict, which erupted two months ago, has triggered an oil price shock, sharp rises in the cost of living and widespread flight cancellations worldwide.
Business jet demand soars in Asia
Business, Molpasorn Shoowong, Published on 30/03/2026
» Amid commercial flight disruptions caused by the Mideast war, business jet usage is booming in Thailand and Southeast Asia, with plane manufacturers marketing their latest models of long‑range aircraft to wealthy individuals seeking to expand their businesses internationally.
MJets buoyant on regional outlook
Business, Molpasorn Shoowong, Published on 13/03/2026
» Private jet operator MJets is banking on increasing demand for private jets in the region as it adds new business arms, including an investment in fixed-base operator (FBO) facilities overseas and becoming an authorised dealer for Gulfstream jets in Thailand.
Thai tourism faces B40bn revenue collapse
Business, Molpasorn Shoowong, Published on 09/03/2026
» Thailand could lose more than 40 billion baht in tourism revenue in the worst-case scenario, assuming the Middle East airspace closure lasts for eight weeks, says the Tourism and Sports Ministry.
Centara expands into budget hotels
Business, Molpasorn Shoowong, Published on 27/02/2026
» Centara Hotels & Resorts is targeting revenue growth of 15% this year, banking on a recovery in Thai tourism and diversified markets. The company will begin investing in the first phase of six budget hotels from 2026 to 2028 at petrol stations in partnership with PTT Oil and Retail Business (OR).
Minor Food mulls IPO in Hong Kong by end of 2026
Business, Molpasorn Shoowong, Published on 23/02/2026
» Minor Food, a subsidiary of SET-listed Minor International, is exploring an initial public offering (IPO) in Hong Kong by the end of the year, while its hotel arm, Minor Hotels, prepares to launch a US$1-billion real estate investment trust (REIT).
Bureau seeks 10% growth for exhibitions market
Business, Molpasorn Shoowong, Published on 07/02/2026
» Amid economic uncertainty, the Thailand Convention and Exhibition Bureau (TCEB) targets 10% growth for the Mice (meetings, incentives, conventions and exhibitions) segment this year, with 163 billion baht in revenue and 29.4 million participants.
Industrial Estate Authority of Thailand chief eyes strategic reboot
Business, Molpasorn Shoowong, Published on 14/01/2026
» The next government is urged to reform investment strategy and streamline working processes to lift economic growth, including attracting high-value sectors such as wellness tourism, high-tech industry and green infrastructure.
Tourists head to eastern provinces despite conflict
Business, Molpasorn Shoowong, Published on 10/01/2026
» Eastern provinces recorded an increase in tourist visits last year despite the border conflict with Cambodia, driven by domestic trips, although fewer international tourists put pressure on revenue.
Asian aviation set to surge in 2026
Business, Molpasorn Shoowong, Published on 06/12/2025
» Asia-Pacific aviation is expected to keep growing next year driven by robust demand, while airlines want eased regulations to help an industry encountering supply chain constraints and geopolitical challenges, according to the Association of Asia Pacific Airlines (AAPA).