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Search Result for “rising debt”

Showing 1 - 10 of 122

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

Council sees tourism as key driver of GDP

Business, Molpasorn Shoowong, Published on 17/02/2026

» The Tourism Council of Thailand (TCT) expects the tourism industry to be a major driver of GDP growth this year as flights and arrivals continue to rebound, though rising untaxed online travel agents and illegal foreign operators continue to limit the full benefits of the rebound.

BUSINESS

Aircraft manufacturers eye Asia-Pacific demand

Business, Molpasorn Shoowong, Published on 04/02/2026

» As Asia-Pacific outpaces other regions in aviation growth, industry players -- including aircraft manufacturers -- are stepping up efforts to target passengers and clients in the region.

LIFE

Illegal group tours face Thai government crackdown

Molpasorn Shoowong, Published on 30/01/2026

» Illegal tours targeting foreign markets are spreading rapidly in Thailand, prompting the Tourism Department to prepare for more inspections of tour companies this year.

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

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

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

Tourism still a stalled engine

Business, Molpasorn Shoowong, Published on 29/12/2025

» In 2025, the Thai tourism industry faced its first contraction since the pandemic, with several setbacks consistently hampering tourist confidence.

BUSINESS

Thailand tipped for major tourism revival

Business, Molpasorn Shoowong, Published on 24/12/2025

» The Association of Thai Travel Agents (Atta) expects 39 million foreign arrivals next year, including 9 million Chinese tourists, while announcing its readiness to help stimulate 3 billion baht via its trade show in January.