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BUSINESS

Traders urged to be contrarians in the market

Business, Molpasorn Shoowong, Published on 06/02/2026

» Being in the minority and a contrarian always wins in the market, as investment is not as straightforward as operating your own business, says hospitality and real estate investor Pichai Chawla.

SUSTAINABILITY

Phuket tourism ramps up sustainability drive

Business, Molpasorn Shoowong, Published on 24/11/2025

» The pandemic served as a catalyst for tourism operators to re-evaluate their sustainability strategies and implement new initiatives aimed at preserving natural resources and attractions, many of which showed signs of recovery due to periods of reduced tourist activity.

BUSINESS

Outcry over growth of illegal hotels

Business, Molpasorn Shoowong, Published on 25/02/2025

» Phuket and Bangkok are the tourist destinations most heavily linked to the practice of investors illegally renting out their residential units as short-term accommodation, according to the Thai Hotels Association (THA), while tourism operators want the government to consider reducing the 60-day visa-free period to eligible countries.

PROPERTY

Centara opens 2 new Maldives hotels

Business, Molpasorn Shoowong, Published on 19/02/2025

» As the Maldives shifts to a family-friendly destination, Centara Hotels & Resorts (CHR) has launched two new hotels catering to this rising segment, investing more than US$200 million.

BUSINESS

Tax proposal gains support

Business, Molpasorn Shoowong, Published on 25/09/2024

» Tourism operators in Pattaya support the tourism and sports minister's plan to provide proper welfare for businesses there if they register in the tax system, as these efforts could help reduce crime and bribery.

BUSINESS

Pink Line expected to raise occupancy at Impact

Business, Molpasorn Shoowong, Published on 12/07/2024

» SET-listed Bangkok Land estimates the Pink Line monorail will increase the traffic and occupancy rate of its exhibitions to 70% within five years.

BUSINESS

Krabi calls for more investment in water

Molpasorn Shoowong, Published on 07/05/2024

» Tourism operators in Krabi are requesting long-term water supply investment as the southern province lacks sufficient reservoirs and efficient management to deal with a future that could feature longer droughts.

BUSINESS

BLA targets B10bn in 1st-year premiums

Business, Molpasorn Shoowong, Published on 06/02/2024

» SET-listed Bangkok Life Assurance (BLA) is aiming to achieve first-year premiums of 10 billion baht by the end of 2026 by focusing on agent channels amid fierce competition in the industry.

BUSINESS

Investors target high-class Pattaya hotels

Business, Molpasorn Shoowong, Published on 24/02/2023

» Hotel investors are focused on buying upscale establishments because of high demand from independent guests, instead of hotels targeting mass tour groups, which have unfavourable locations and produce low returns, say Pattaya operators.

BUSINESS

Operators seek tourism law reform following scam

Business, Molpasorn Shoowong, Published on 18/02/2023

» Tour operators are calling for tourism laws to be reformed to protect travel agents, not only customers, following an alleged Japan tour scam worth 14 million baht.