Showing 1 - 10 of 10,000
Opening up duty-free
News, Editorial, Published on 01/11/2018
» As the auction for the concession to operate the duty-free zone at Suvarnabhumi airport comes closer, the fate of an underachieving industry hangs in the balance. The state-run Airports of Thailand (AoT) has not yet revealed whether it will do away with the current monopolistic concession model that has allowed only the sole operator, King Power International, to grow richer -- at the cost of both the state and shoppers.
Duty-free drama unfolds
Business, Pitsinee Jitpleecheep , Wichit Chantanusornsiri & Pathom Sangwongwanich, Published on 08/04/2019
» The forthcoming auction of duty-free concessions at Thailand's major airports is poised to engulf players in a melodrama of twists and turns, with monopoly and transparency as key plot points.
Duty-free changes irk mandarins
News, Wichit Chantanusornsiri, Published on 06/08/2020
» The Finance Ministry is considering summoning Airports of Thailand (AoT) executives to explain the agency's decision to alter its duty free concession contracts, which it feared could hurt the AoT's projected revenue, says a source at the State Enterprise Policy Office (Sepo).
Diversify the duty-free ops
News, Editorial, Published on 06/04/2019
» Starting in September of next year, all duty-free shops at Suvarnabhumi airport will be owned and run by one company for a period of 10 years, if the Airports of Thailand (AoT) insists on going ahead with the monopolistic concession model that it has been using since 2006.
Return secures duty-free bid
News, Thodsapol Hongtong, Published on 20/06/2019
» The high returns of 23.5 billion baht promised by duty-free giant King Power helped it to secure the concessions to run duty-free operations and other commercial areas across four airports, according to Airports of Thailand (AoT).
THAI loses duty-free privilege
News, Chatrudee Theparat, Published on 23/06/2021
» The cabinet has cancelled privileges granted to Thai Airways International (THAI) giving it the right to operate duty-free shops at Don Mueang airport without winning a formal bidding process now the airline has lost its state enterprise status, it was announced on Tuesday.
Government plots duty-free paradise
News, Post Reporters, Published on 29/11/2023
» The government has initiated a study aimed at transforming Thailand into a duty-free paradise, a crucial step in positioning the country as a prime tourism and shopping hub.
Sepo awaits duty-free bid rules
Business, Wichit Chantanusornsiri, Published on 20/04/2018
» The State Enterprise Policy Office (Sepo) has submitted three retail associations' proposals for the upcoming duty-free shop concession at international airports to Airports of Thailand Plc (AoT), but there has been no response, says a senior official.
Bangkok Airways eyes duty-free shops
Business, Suchat Sritama, Published on 25/07/2018
» SET-listed Bangkok Airways Plc (BA) has vowed to bid for a concession to operate duty-free shops at the country's main airports.
Freeing up the duty-free business
News, Deunden Nikomborirak, Published on 26/09/2018
» Amidst the current economic uncertainties with a looming full-scale trade war between the US and China, tourism stands out as one of the very few sectors with a bright outlook.