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Search Result for “earnings pressure”

Showing 1 - 10 of 48

BUSINESS

Airlines adjust operations amid ceasefire

Business, Molpasorn Shoowong, Published on 09/04/2026

» Despite a two-week ceasefire between the US and Iran, Thai airlines still have to adjust their operational strategies for the summer schedule to match travel demand dampened by concerns over uncertainty surrounding the oil crisis.

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

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).

BUSINESS

Origin ramps up non-residential push

Business, Molpasorn Shoowong, Published on 21/02/2026

» SET-listed developer Origin Property aims to increase the contribution of non-residential revenue to two-thirds of total profit within 5-10 years, up from an estimated 50% this year, as it diversifies into hotels, services and warehouses.

BUSINESS

Tourism index dips in fourth quarter

Business, Molpasorn Shoowong, Published on 28/01/2026

» The tourism confidence index in the fourth quarter of 2025 dropped year-on-year, marking a sluggish recovery due to southern flooding, the Thailand-Cambodia border conflict and the strong baht, according to the Tourism Council of Thailand (TCT).

BUSINESS

Strong baht may crimp bookings

Business, Molpasorn Shoowong, Published on 22/01/2026

» With the baht strengthening against the US dollar, surpassing 31 to the greenback for the first time in almost five years, it should impact forward bookings for the next few months and during the low season, discouraging tourist spending.

BUSINESS

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.

BUSINESS

Infrastructure upgrades propopsed to lift Thai tourism

Molpasorn Shoowong, Published on 24/10/2025

» The Ministry of Transport wants to upgrade infrastructure to facilitate travellers, proposing an extension of a high-speed railway from U-tapao airport to Rayong and Trat, and attracting more direct flights to Krabi airport from the congested Phuket airport while a new airport in Phangnga is constructed.

BUSINESS

Thailand works to spur Taiwanese arrivals

Business, Molpasorn Shoowong, Published on 30/09/2025

» Declining confidence among Asian travellers to Thailand has also affected the Taiwanese market this year, say travel agents.

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.