Showing 1 - 10 of 17
Thai tourism faces B40bn revenue collapse
Business, Molpasorn Shoowong, Published on 09/03/2026
» Thailand could lose more than 40 billion baht in tourism revenue in the worst-case scenario, assuming the Middle East airspace closure lasts for eight weeks, says the Tourism and Sports Ministry.
Cooperation key to Central's sustainability push
Business, Molpasorn Shoowong, Published on 25/03/2025
» Central Group insists that sustainability initiatives require collaboration between key stakeholders, as sustainable development will likely be impacted by the US presidency of Donald Trump.
Getting visitors to open wallets
Business, Molpasorn Shoowong, Published on 16/12/2024
» Tourism plays a crucial role in Thailand's economy, contributing greatly to the country's GDP. In a bid to stimulate post-pandemic expenditure, the government is gearing up to attract more luxury and high-spending travellers.
Central Retail Corporation to focus on public service campaigns rather than prices
Business, Molpasorn Shoowong, Published on 28/11/2024
» Central Retail Corporation (CRC) plans to allocate a higher marketing budget for equity and sustainable campaigns, shifting from price promotion, after its latest initiative raised more than 2.5 million baht for the Cardiac Children Foundation of Thailand.
Steps touted to thin out crowds
Business, Molpasorn Shoowong, Published on 14/06/2024
» Easing overtourism requires proper management and cooperation with local communities, according to the World Travel and Tourism Council (WTTC), which suggests Thailand disperse tourists to new destinations through infrastructure development.
KCG seeks at least 10% revenue growth in 2024
Business, Molpasorn Shoowong, Published on 23/03/2024
» KCG Corporation, the manufacturer, importer and distributor of dairy and bakery products, is targeting at least 10% revenue growth this year.
CRC unit sees tourism pacing growth
Business, Molpasorn Shoowong, Published on 17/02/2024
» Thailand's food industry should grow 2-3% in 2024, driven by inbound tourists nearing the level tallied in 2019, according to Central Food Wholesale.
CRC targets 9-11% revenue growth
Business, Molpasorn Shoowong, Published on 13/02/2024
» Central Retail Corporation (CRC) is targeting 9-11% revenue growth in 2024, mainly driven by improved tourism and consumption, while voicing concerns over an influx of cheap imported goods.
Go Wholesale expansion to continue
Business, Molpasorn Shoowong, Published on 20/01/2024
» Central Food Wholesale remains optimistic about the economy and domestic spending power, driven by a thriving tourism industry, as it plans to add seven Go Wholesale outlets in Bangkok and upcountry.
Airlines set the stage for green jet fuel
Business, Molpasorn Shoowong, Published on 17/06/2023
» The International Air Transport Association (IATA) recommends public financing and diversifying production sources for sustainable aviation fuel (SAF) as strategies to achieve net zero emissions by 2050.