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Search Result for “international competitions”

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BUSINESS

Hotels slash rates to lure Songkran market

Business, Narumon Kasemsuk, Published on 24/03/2026

» Concerned by a nosedive in European arrivals and low confidence due to fuel shortages among local travellers, hotel operators have started to offer discounts of 20-40% to attract tourists during the upcoming Songkran holiday.

BUSINESS

Baht set to fall further amid Mideast wartime pressures

Business, Somruedi Banchongduang, Published on 24/03/2026

» The baht is expected to depreciate to 33.50 per US dollar this week after testing a nine-month low of 33 on Monday, amid heightened uncertainties surrounding the conflict in the Middle East.

BUSINESS

Minor banking on asset‑light model

Business, Kanana Katharangsiporn, Published on 24/03/2026

» Minor Hotels, a subsidiary of SET-listed Minor International, plans to rebalance its investment‑heavy portfolio to a 50:50 mix from two‑thirds by prioritising asset‑light and franchise models, aiming to accelerate growth while maintaining selective investments.

BUSINESS

Eastern Economic Corridor counts on U-Tapao, Aerotropolis progress

Business, Lamonphet Apisitniran, Published on 24/03/2026

» The Eastern Economic Corridor (EEC) is expected to attract a fresh wave of investment this year, following renewed progress in the long-delayed U-Tapao Airport and Eastern Aerotropolis development project, according to the EEC Office.

BUSINESS

War seen unlikely to disrupt internet services in Thailand

Komsan Tortermvasana, Published on 23/03/2026

» Major telecommunications operators have reassured customers that their internet services in Thailand remain stable and unaffected, mainly due to their network redundancy systems and diversified routing paths, despite potential risks to undersea cable systems stemming from the conflict in the Middle East.

BUSINESS

Mideast conflict dents chip manufacturing

Lamonphet Apisitniran, Published on 23/03/2026

» The United States and Israeli military operations against Iran are disrupting global supply chains, hitting semiconductor manufacturing hard and reverberating through chip‑dependent industries, particularly the automotive sector, which is watching developments closely.

BUSINESS

SET falls below 1,400 as geopolitical tensions spark sell-off

Nuntawun Polkuamdee, Published on 23/03/2026

» Thailand’s benchmark index slipped below the key 1,400-point range on Monday as escalating geopolitical tensions and global risk-off sentiment triggered broad-based selling. 

BUSINESS

Dollar gains as investors flee risk on escalating Mideast war

Reuters, Published on 23/03/2026

» TOKYO - The US dollar rose on Monday as escalating retaliatory threats in the Middle East ​conflict curbed risk appetite and lifted demand for safe-haven assets.

BUSINESS

Global economy under 'major threat' from Strait of Hormuz crisis: IEA chief

AFP, Published on 23/03/2026

» SYDNEY - The global economy is under "major threat" from the energy crisis caused by the Middle East war and "no country will be immune" to its effects, International Energy Agency chief Fatih Birol said on Monday.

BUSINESS

Japanese fan-fitted jackets, other workwear a hit with foreign visitors

Kyodo News, Published on 23/03/2026

» Jackets fitted with motorised fans have become popular with laborers during Japan's sweltering summer months, but at one workwear store in Tokyo, it is foreign visitors who are driving sales.