Showing 1 - 10 of 21
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).
N.C. Housing slashes projects amid weak demand
Business, Molpasorn Shoowong, Published on 19/02/2026
» SET-listed developer N.C. Housing plans to launch only two projects worth a combined 2 billion baht this year, lower than in previous years, as it remains cautious because of weak consumer purchasing power.
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.
Flood recovery lag weighs on Hat Yai
Business, Molpasorn Shoowong, Published on 05/02/2026
» While most hotels in Hat Yai have already resumed operations, insufficient flood relief has resulted in only 30% of shops and restaurants reopening, leading to a weak outlook for tourism revenue during the Chinese New Year, according to the Hat Yai Songkhla Hotels Association.
Stagnant tourism hits Onyx revenue
Business, Molpasorn Shoowong, Published on 28/11/2025
» Onyx Hospitality reported flat revenue per available room (RevPar) in Thailand due to sluggish tourism, prompting the company to delay launching funding for its real estate investment trust (REIT) until next year.
Phuket tourism trade jittery over instability
Business, Molpasorn Shoowong, Published on 02/09/2025
» Political instability and persistent border issues continue to impact investor sentiment, making Thailand lose its competitiveness due to delayed infrastructure development and tourism stimulus, according to Phuket tourism operators.
Tourism subsidy starts to make an impression
Molpasorn Shoowong, Published on 30/08/2025
» The 750-million-baht subsidy programme for chartered flights, commercial flights, and incentive groups has started to generate positive momentum, as some agents are set to begin their operations for China’s Golden Week holiday period in October.
Iconic hotel seeks new investor
Business, Molpasorn Shoowong, Published on 15/01/2025
» Royal Orchid Sheraton Riverside Hotel is looking for a new investor, while Marriott International, which managed the hotel, is expanding in the region with the focus being on management and franchise contracts.
Chinese tourist flows to Thailand likely to stay flat
Business, Molpasorn Shoowong, Published on 17/12/2024
» The inbound Chinese market next year should remain flat and is unlikely to change much from 2024 with around 7-8 million arrivals, attributed to persistent economic challenges in China, including the impact of the incoming Trump administration's anticipated tariff hikes, according to the Association of Thai Travel Agents (Atta).
Wisdom launches high-end residential project in Chon Buri
Business, Molpasorn Shoowong, Published on 13/09/2024
» Wisdom Property Development has unveiled its first residential project worth 10 billion baht, targeting high-end buyers and international school parents, situated on a 1,400-rai area called Wisdom Valley owned by the Teepsuwan family in Chon Buri.