Showing 71 - 80 of 346
JLL urges hotels, retailers to cut costs, seek backups
Business, Kanana Katharangsiporn, Published on 20/08/2020
» The hotel and retail sectors should prepare for stringent cost-cutting and find alternative income sources for as long as there is no coronavirus vaccine, as it will take two years for businesses to resume as usual, according to property consultant JLL Thailand.
Startups reap pandemic revenues
Business, William Hicks, Published on 12/08/2020
» Thailand's top startups have seen double-digit growth windfalls in revenue following the pandemic, being well-positioned to benefit from the consumer and business shift to digital commerce during the lockdown.
Unlicensed hotels in line for stimulus
Business, Published on 22/07/2020
» The cabinet on Tuesday gave the go-ahead for unlicensed hotels to join the We Travel Together tourism stimulus campaign and for expanded subsidies on services or goods bought by travellers during four working days (Monday-Thursday).
Tepid response to travel scheme
Business, Published on 21/07/2020
» The domestic tourism stimulus scheme has registered a slow response from locals as limited supply and price gouging marked the first two days of booking, prompting the government to allowed non-licensed hotels to join the scheme this week.
TBA talks soft loan criteria with BoT
Business, Somruedi Banchongduang, Published on 02/07/2020
» The Thai Bankers' Association (TBA) is in talks with the Bank of Thailand to seek ways to fine-tune the 500-billion-baht soft loan criteria, probably by allowing banks to extend loans with a specific purpose such as keeping small and medium-sized enterprises' (SMEs) employees on payroll.
On guard against contagion
Business, Published on 29/06/2020
» Thailand's banking sector has been disrupted yet again, but this time it's not a sophisticated new technology creating turbulence. Rather, it's a microscopic virus that induces fear of immense collateral damage that could shake the country's financial pillars to its core.
BoT orders stress tests from banks
Business, Published on 23/06/2020
» The Bank of Thailand is requiring commercial banks to run a new round of stress tests that takes the pandemic's impact into account and report the results next month, while strengthening capital buffers will be discussed in case the outcome shows capital adequacy ratios (CAR) are below 11.5%.
Filling the foreign void
Business, Published on 15/06/2020
» The influx of international travellers, continuing unabated for almost a decade, created euphoric sentiment for Thailand's tourism industry. But with more foreign guests arriving, there was a growing gap between international and domestic revenue.
No soft landing for troubled THAI
Business, Published on 18/05/2020
» The clock is ticking for loss-ridden Thai Airways International Plc (THAI) as it seeks a much-needed lifeline from the government or risks becoming another chapter in the history of national flag carriers to go bust, with the lives of about 21,000 employees hanging in the balance.
Deutsche Bank says results will beat forecasts
AFP, Published on 27/04/2020
» FRANKFURT AM MAIN - Germany's biggest lender Deutsche Bank said it expects to report a net profit of 66 million euros ($71 million) for the first quarter, beating market forecasts.