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BUSINESS

Thai AirAsia pins growth hopes on China, long-haul markets

Business, Molpasorn Shoowong, Published on 26/02/2026

» Thai AirAsia (TAA) is targeting 6-9% year-on-year revenue growth in 2026, supported by 23.5 million passengers and an 85% load factor, assuming an optimistic tourism outlook.

BUSINESS

Bureau seeks B175m to revive Mice sector in South

Business, Molpasorn Shoowong, Published on 05/12/2025

» The Thailand Convention and Exhibition Bureau (TCEB) has asked the cabinet to allocate 175 million baht to revive the Mice (meetings, incentives, conventions and exhibitions) sector in flood-affected southern Thailand.

BUSINESS

River cruise bookings sink amid mourning

Molpasorn Shoowong, Published on 28/10/2025

» River cruise operators in Thailand are reporting a cancellation rate of 30 to 40% after the Vijit Chao Phraya illumination festival was postponed for the mourning period for Her Majesty Queen Sirikit, the late Queen Mother, while hotels are urging authorities to provide detailed guidelines to prevent people from cancelling their New Year celebrations.

BUSINESS

Suphajee to return to Dusit after cabinet stint

Molpasorn Shoowong, Published on 12/09/2025

» Suphajee Suthumpan, the former group chief executive of Dusit Thani Plc, is expected to return to the hotel company after completing her four-month term as commerce minister, during which she vows to open new trade markets for Thailand.

BUSINESS

Travellers appear unfazed by Mideast airspace disruptions

Molpasorn Shoowong, Published on 24/06/2025

» Despite a possible ceasefire between Iran and Israel, disruptions to aviation in the Middle East might affect tourists’ decisions, though travel sentiment is expected to improve if tensions subside, travel industry executives said on Tuesday.

BUSINESS

Dusit International says internal conflict not affecting operations

Molpasorn Shoowong, Published on 16/05/2025

» SET-listed Dusit International confirmed that the internal conflict within its major shareholder, Chanut and Children Co, owned by the heirs of the company’s founder, should not impact the company’s operations or lead to a trading suspension on the market. 

BUSINESS

CPN banks on countdown activities

Business, Molpasorn Shoowong, Published on 04/12/2024

» Retail and property developer Central Pattana Plc (CPN) has invested 500 million baht in its New Year countdown events across 17 malls in 16 Thai provinces.

BUSINESS

Reaching for the sky

Business, Molpasorn Shoowong, Published on 26/10/2024

» The aviation sector worldwide has been racing against time to reach net zero by 2050.

BUSINESS

Council calls for subcommittee to tackle illegal businesses

Business, Molpasorn Shoowong, Published on 25/10/2024

» The Tourism Council of Thailand (TCT) has proposed setting up a subcommittee, including members of the Senate and private tourism operators, in an effort to crack down on the use of nominees in businesses and price-dumping packages, after a query was put forward this week to the tourism minister.

BUSINESS

10m tourist arrivals sought in final quarter to reach target

Business, Molpasorn Shoowong, Published on 08/10/2024

» The fourth quarter will require at least 10.1 million foreign tourist arrivals, or a 25% year-on-year increase, in order to reach the 36.7 million tourists targeted for 2024, according to the Tourism Authority of Thailand (TAT).