Showing 1 - 10 of 36
Low net margin hampers aviation industry
Business, Molpasorn Shoowong, Published on 05/06/2024
» DUBAI: Despite forecasts of record-high revenue of nearly US$1 trillion this year, the aviation industry is hampered by a low net margin as geopolitical and economic challenges continue to affect cost management and its net-zero target, says the International Air Transport Association (IATA).
Operators vie with inflation, high interest rates
Business, Molpasorn Shoowong, Published on 27/05/2024
» Despite an upbeat projection for the Thai tourism industry, some businesses are struggling with high inflation and elevated interest rates, which require government action to remedy, according to Onyx Hospitality Group.
Thai AirAsia X optimistic after posting Q1 profit
Business, Molpasorn Shoowong, Published on 17/05/2024
» Thai AirAsia X expects to post a profit from carrying nearly 1 million passengers this year, driven by its Japan routes, after returning to profit in the first quarter.
High hopes for new tourism minister
Business, Molpasorn Shoowong, Published on 30/04/2024
» Now the new cabinet line-up has been settled, tourism operators are calling for greater unity between each ministry and related authorities to continue with the plan of making Thailand a tourism and aviation hub.
Rising expenses add to hotels' woes
Business, Molpasorn Shoowong, Published on 25/04/2024
» Hotel operators anticipate high expenses from power bills, food prices and labour wages as the low season arrives amid scorching temperatures.
Tourism trade wants restrictions relaxed
Business, Molpasorn Shoowong, Published on 29/02/2024
» Tourism operators hope the government eases travel restrictions to promote cross-border travel amid fierce competition in Southeast Asia, especially as Malaysia inched closer to Thailand last 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.
Minor uses asset-light strategy
Business, Molpasorn Shoowong, Published on 10/02/2024
» SET-listed Minor International projects its room rate to grow this year and targets 200-250 new hotels and 1,000 restaurants in three years.
BLA targets B10bn in 1st-year premiums
Business, Molpasorn Shoowong, Published on 06/02/2024
» SET-listed Bangkok Life Assurance (BLA) is aiming to achieve first-year premiums of 10 billion baht by the end of 2026 by focusing on agent channels amid fierce competition in the industry.