Showing 1 - 10 of 54
King Power closing shops, cutting staff
Narumon Kasemsuk, Published on 22/07/2025
» King Power is streamlining its duty-free business by closing its three downtown branches in Bangkok and Pattaya and launching a voluntary redundancy programme for employees.
Bank of Thailand cuts rate as tariff ‘storm’ darkens outlook
News Agencies and Post Reporters, Published on 30/04/2025
» The Bank of Thailand cut its key interest rate by a quarter point for a second consecutive meeting on Wednesday, in a move to support an underperforming economy facing uncertainty over steep US tariffs.
Tapping a vast market
Business, Wichit Chantanusornsiri, Published on 12/02/2024
» The restoration of diplomatic relations between Thailand and Saudi Arabia in 2022 following a 30-year break has created new opportunities for Thailand to tap into demand for its halal products in Middle Eastern markets.
SET gives Pace delisting deadline
Business, Nuntawun Polkuamdee, Published on 03/08/2023
» The Stock Exchange of Thailand (SET) has notified Pace Development Corporation (PACE) to urgently eliminate the grounds for delisting by Sept 1 after its financial conditions and operational performance failed to meet the bourse's requirements for a third year.
King Power to roll out two duty-free projects
Business, Published on 16/03/2023
» King Power Group announced the launch of two more duty-free store projects with a combined investment of more than 3 billion baht, in line with the reopening of the country.
Long arm of the law affects all
Business, Nareerat Wiriyapong, Kanana Katharangsiporn, Suchit Leesa-Nguansuk, and Molpasorn Shoowong, Published on 30/12/2022
» With the economy on a recovery path, 2022 offered a roadmap for various industries to grow and cash in on near-term opportunities. For some sectors, a lack of supervision stymied potential development. As new rules are imposed and others expire, businesses and individuals need to adapt because the government is desperate for higher tax revenue.
Standard forecasts continuing tourism growth
Business, Kanana Katharangsiporn, Published on 12/12/2022
» Standard International, a hospitality subsidiary of SET-listed developer Sansiri, is expecting this year's strong tourism recovery to continue into 2023, with the resumption of the Chinese market a key driver.
New luxury hotels to soar in Bangkok
Business, Kanana Katharangsiporn, Published on 29/08/2022
» Riverside locations on Charoen Krung Road and the Sathon-Rama IV area have become the hot zones in Bangkok where a large number of new luxury hotel rooms are projected to open in 2023-25, according to property consultancy Colliers Thailand.
Bullish Standard targets 2nd-tier cities
Business, Kanana Katharangsiporn, Published on 21/07/2022
» Standard International, a hospitality subsidiary of SET-listed developer Sansiri Plc, plans to tap second-tier cities like Ayutthaya and Rayong with Bunkhouse, its boutique brand.
Go City launches tourist pass in Bangkok
Business, Narumon Kasemsuk, Published on 01/06/2022
» With a revival of tourism in Thailand and Asia-Pacific in sight, Go City, the world's largest multi-attraction pass provider, is expanding its footprint in the region, including Bangkok, to boost travel operators.