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Search Result for “Phuket Hotel Industry”

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BUSINESS

Local shabu-shabu competition projected to bubble over

Business, Kuakul Mornkum, Published on 21/02/2026

» The shabu-shabu/sukiyaki buffet sector in Thailand is gearing up for more intense competition this year, according to Miracle Planet Co Ltd, an operator of the Lucky Suki and Lucky Barbecue brands.

BUSINESS

Petrochemical sector faces stagnant year

Business, Yuthana Praiwan, Published on 21/02/2026

» Thailand's petrochemical industry is expected to confront another flat year, with leading firms pressured to adjust by cutting costs and rolling out value‑added products to stay afloat.

BUSINESS

Trump's new Iran threats rattle markets

Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 21/02/2026

» RECAP: Most Asian equities fell and oil prices rose yesterday after Donald Trump ratcheted up Middle East tensions by hinting at possible military strikes on Iran if it did not make a "meaningful deal" in nuclear talks. The remarks put the brakes on a rebound in markets following an AI-fuelled sell-off earlier.

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

Thai hotel group Minor plans $1bn property fund

Bloomberg News, Published on 20/02/2026

» Minor International Plc, Thailand’s largest hotel and restaurant chain operator, plans to set up its first real estate investment trust worth about $1 billion, and is exploring a Hong Kong listing of its restaurant unit to raise funds for debt repayment.

BUSINESS

China’s drone exports to Russia use a new route through Thailand

Bloomberg, Published on 20/02/2026

» On the 30th floor of the Chartered Square building in downtown Bangkok, the low-key office of Skyhub Technologies Ltd serves as a nexus for a burgeoning and contentious trade.

BUSINESS

Life segment forecasts watershed year in 2026

Business, Nuntawun Polkuamdee, Published on 20/02/2026

» Thailand's life insurance industry is on track for a milestone year, with total premiums for both life and non-life projected to exceed 1 trillion baht for the first time, driven by strong growth in health and critical illness coverage despite lingering economic headwinds.

BUSINESS

Import duties plunge thanks to strong baht

Business, Wichit Chantanusornsiri, Published on 20/02/2026

» The exchange rate, economic conditions and free-trade agreements (FTAs) have affected import duty revenue for the Customs Department, with collections 8% below target for the first three months of fiscal 2026.

BUSINESS

Tour operators insist on VAT relief

Business, Narumon Kasemsuk, Published on 20/02/2026

» Outbound tour operators will continue to push for the removal of value-added tax (VAT) from overseas tour packages sold to local travellers, arguing the charge is redundant given other taxes paid at destinations.

BUSINESS

Thai capital market aligns with climate vows

Business, Nuntawun Polkuamdee, Published on 19/02/2026

» Leading capital market institutions in Thailand say they will ensure listed companies meet nationally determined contributions (NDCs) on greenhouse gas reduction, starting this year with firms in the SET100 index.