Showing 1 - 10 of 41
Business jet demand soars in Asia
Business, Molpasorn Shoowong, Published on 30/03/2026
» Amid commercial flight disruptions caused by the Mideast war, business jet usage is booming in Thailand and Southeast Asia, with plane manufacturers marketing their latest models of long‑range aircraft to wealthy individuals seeking to expand their businesses internationally.
Centara expands into budget hotels
Business, Molpasorn Shoowong, Published on 27/02/2026
» Centara Hotels & Resorts is targeting revenue growth of 15% this year, banking on a recovery in Thai tourism and diversified markets. The company will begin investing in the first phase of six budget hotels from 2026 to 2028 at petrol stations in partnership with PTT Oil and Retail Business (OR).
Phuket up in arms on long‑stay visa
Business, Molpasorn Shoowong, Published on 18/02/2026
» Phuket tourism operators oppose the government's policy allowing foreigners who buy real estate worth 3 million baht to qualify for a long‑stay visa, arguing the investment threshold is too low and could attract "non‑quality" visitors who may engage in illegal activities, as well as risking an increase in property prices, making housing less affordable for local residents.
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.
Call for action to boost weak travel industry
Business, Molpasorn Shoowong, Published on 28/08/2025
» Tourism operators and airlines are urging the government to restore border stability and improve confidence, as recent incidents have the potential to reduce the average occupancy rate in Thai hotels by more than 10% year-on-year.
Association upbeat on growth outlook for amusement parks
Business, Molpasorn Shoowong, Published on 11/07/2025
» Despite global economic uncertainties, the amusement park industry expects continued robust growth over the next few years, according to the International Association of Amusement Parks and Attractions (IAAPA).
Call for transport reforms to boost tourism
Molpasorn Shoowong, Published on 26/05/2025
» Tourism operators are urging the government to crack down on taxi scams and provide reasonable public transport fares, as another negative image of Thai tourism has emerged in the form of a study carried out by Mastercard Economics Institute, which includes Bangkok among the cities with the higher rates of taxi and car rental fraud compared to other types of scams.
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.
Krabi tour operators seek bribe probe
Business, Molpasorn Shoowong, Published on 22/04/2025
» Krabi Tourism Association has urged the relevant authorities to investigate allegations concerning cases allegedly involving park officials collecting bribes from tour companies, as this issue, which has been circulated widely on social media, could harm the province's tourism sector.
Lan Kwai Fong joins Phuket deal
Business, Molpasorn Shoowong, Published on 12/03/2025
» Robust long-stay demand in Phuket has attracted Hong Kong's Lan Kwai Fong Group to invest in a project worth 4.5 billion baht via joint ventures with a local developer, while a legal consultant suggested Thailand amend the hotel laws to permit the renting out of condo units on a daily basis.