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Search Result for “gross profit”

Showing 1 - 10 of 66

BUSINESS

Thai travellers warned over rise of visa scams

Business, Molpasorn Shoowong, Published on 23/01/2026

» Travellers are advised to be alert to visa application scams, such as false appointment letters or requests for additional payment for fast-track visa guarantees, as outbound travel grows.

BUSINESS

Rising aviation fees may hamper tourism

Business, Molpasorn Shoowong, Published on 20/10/2025

» Rising aviation service fees in Thailand, including airport charges and the proposed 300-baht tourism tax, could potentially hinder airlines already posting thin profit margins, derailing efforts to restore tourism to pre-pandemic levels, according to the International Air Transport Association (IATA).

BUSINESS

Galaxy Resorts calls for luxury strategy to maximise growth

Business, Molpasorn Shoowong, Published on 05/08/2025

» As Thailand has already passed its tourism peak of 40 million tourists, the country requires luxury marketing and new public-private partnership investment in luxury tourism that targets the growing number of affluent travellers from Asia-Pacific in order to maximise growth, says Galaxy Resorts Thailand.

BUSINESS

Nok Air rehabilitation proceeding as planned

Molpasorn Shoowong, Published on 23/07/2025

» Nok Air expects to exit the rehabilitation process as planned by mid-2028, with less than 400 million baht of debt remaining, and will join the government in offering free domestic air tickets to foreign tourists from September.

SUSTAINABILITY

Phuket hotels go green in hunt for gold

Business, Molpasorn Shoowong, Published on 21/07/2025

» Thai tourism is embracing sustainability as a core selling point for travellers, as the industry seeks to ensure its survival in a marketplace where such practices have become the "new normal".

BUSINESS

Onyx preps launch of REIT worth B6.5bn

Business, Molpasorn Shoowong, Published on 11/06/2025

» Onyx Hospitality Group is planning to launch its real estate investment trust (REIT), combining four properties worth 6.5 billion baht within this year, and aims to double its value to 15 billion baht within five years.

BUSINESS

AWC’s 5-billion-baht Ritz-Carlton set to offer most expensive room rates

Molpasorn Shoowong, Published on 09/06/2025

» SET-listed Asset World Corp (AWC) has invested over 5 billion baht in developing the Ritz-Carlton Bangkok at the Lhong 1919 Riverside Heritage Destination in Bangkok, aiming to become the hotel offering the highest room rate in the city.

BUSINESS

Airlines on edge

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

» Despite improving financially this year, the aviation industry is still bracing for uncertainties from tariff policies, geopolitical conflicts and supply chain disruption, according to the International Air Transport Association (IATA).

BUSINESS

Thai running events face glut

Business, Molpasorn Shoowong, Published on 04/06/2025

» The recent backlash over a fake marathon event indicates Thailand has a glut of running events, and only large and experienced event organisers can survive as runners become more selective to control costs, says the Thai Mass Participation Sports Trade Association (TMPSA).

BUSINESS

MGM Resorts urges 'competitive' casino tax

Business, Molpasorn Shoowong, Published on 21/05/2025

» Thailand should have a casino tax rate that is competitive with Singapore and a substantial number of locals should be allowed to visit casino complexes, rather than solely serving foreign tourists in order to stimulate tourism and economic growth, says integrated resorts operator MGM Resorts International.