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Search Result for “credit loss”

Showing 1 - 10 of 32

BUSINESS

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.

PROPERTY

Sena puts focus on affordable housing

Molpasorn Shoowong, Published on 29/01/2026

» SET-listed Sena Development plans to launch eight new projects this year worth 10.7 billion baht, six of which are in the affordable segment priced 1-2.5 million baht per unit, as the company wants to be the leader for affordable houses for new buyers via its rent-to-own strategy.

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

Assurance sought on Land Bridge impact

Business, Molpasorn Shoowong, Published on 24/09/2025

» Southern tourism operators want the government to ensure the environmental impact will be minimal if it intends to press on with the Land Bridge megaproject, as locals hope the scheme will enhance southern cities' competitiveness and increase household income.

BUSINESS

HK Express optimistic on passenger prospects

Business, Molpasorn Shoowong, Published on 19/06/2025

» Amid ongoing safety concerns among Chinese visitors, HK Express, a low-cost carrier owned by Cathay Pacific Group, is anticipating a record high of 1 million passengers for its flights operating between Hong Kong and Thailand.

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

Better incentives for foreign film shoots

Molpasorn Shoowong, Published on 17/12/2024

» The new incentive of a cash rebate of up to 30% for foreign film shoots in Thailand with no maximum refund limit should increase revenue for the country by 20%, or at least 7.5 billion baht in 2025, attracting more large productions.

BUSINESS

Tourists' Visa spending surges 90%

Business, Molpasorn Shoowong, Published on 30/10/2024

» Inbound tourists' spending on Visa credit cards this year is expected to be 90% higher than the 2019 level, a higher rate than that of Thai travellers overseas, who were hampered by a sluggish economy.

BUSINESS

Call for more proactive government tourism policies

Business, Molpasorn Shoowong, Published on 02/10/2024

» Tourism operators urge the government to be more active in dealing with unexpected events, while also addressing the lack of strategy for supply development.

BUSINESS

Hotels to seek damages from FTI collapse

Business, Molpasorn Shoowong, Published on 06/08/2024

» With hotels reporting over 111 million baht in losses from the collapse of the German tour company FTI Group, operators will seek assistance from the German Embassy in Thailand via coordination with the Tourism and Sports Ministry.