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Search Result for “invested”

Showing 1 - 10 of 35

BUSINESS

Ruling on pilot training charges creates legal precedent

Business, Molpasorn Shoowong, Published on 07/01/2026

» Over a dozen student pilots won a lawsuit against Nok Air regarding a requirement for additional training charges outside a contract for co-pilot employment, while the Court of Justice ordered compensation of one-third of 32.5 million baht in total damages.

BUSINESS

Event organisers still buoyant

Business, Molpasorn Shoowong, Published on 05/01/2026

» Despite Vietnam's massive investment in new venue infrastructure, event organisers in Thailand remain confident the country can still compete for event and festival tourism, banking on a variety of venues and its ability to attract both high-spending attendees and repeat visitors.

BUSINESS

Film shoots energise tourism

Business, Molpasorn Shoowong, Published on 19/08/2025

» Thailand is reaping benefits from foreign blockbuster film shoots, as Krabi tourism observed a 30% visitor surge at attractions appearing in Jurassic World Rebirth, while the Alien: Earth series, which set a record investment budget, will help promote the nation as a global destination for film shoots and tourism.

BUSINESS

Chinese arrivals to dip below 5m

Business, Molpasorn Shoowong, Published on 26/07/2025

» Despite flight subsidies and incentive group stimulus, the number of Chinese tourist arrivals this year is expected to plunge below 5 million, significantly lower than the 6.7 million recorded last year, according to the Tourism Authority of Thailand (TAT).

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

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

Amadeus still optimistic regarding travel prospects

Business, Molpasorn Shoowong, Published on 09/06/2025

» Amadeus, a travel technology company and global distribution system provider, remains bullish on tourism in Thailand and Asia-Pacific, despite the trade war and tariff spats.

BUSINESS

Chinese-owned restaurants gain ground in Thailand

Molpasorn Shoowong, Published on 25/04/2025

» Thai restaurants are facing greater competition from Chinese-owned restaurants using imported ingredients and serving Chinese tourists, says the chef and owner of Thailand’s first Michelin three-star restaurant.

BUSINESS

B10bn revenue target for foreign film shoots

Business, Molpasorn Shoowong, Published on 15/04/2025

» The Tourism Department has raised its target for revenue from foreign film production in Thailand this year to 10 billion baht from 7.5 billion, helped by offers of a 30% cash rebate incentive to lure large productions.

BUSINESS

Iconsiam preps B65m Songkran fete

Business, Molpasorn Shoowong, Published on 29/03/2025

» Iconsiam Co, the operator of Iconsiam mall, is preparing to lift tourism spending and visitor numbers, allocating 65 million baht for a Songkran celebration next month.