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GENERAL

Event organisers play both sides

Business, Molpasorn Shoowong, Published on 24/08/2024

» Event organisers and venue operators have urged the government to carefully manage the influx of cheap Chinese goods to protect Thai manufacturers.

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GENERAL

Tourism firms jittery over mpox impact

Business, Molpasorn Shoowong, Published on 23/08/2024

» Tourism operators have expressed concerns over mpox as the first suspected case of a more transmissible strain of the virus was detected in Thailand.

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GENERAL

Hoteliers oppose B280m package for online travel agents

Business, Molpasorn Shoowong, Published on 22/08/2024

» Thai hoteliers are opposed to the cabinet's approval of 280 million baht to support tourism packages provided by online travel agents (OTAs), fearing most of the income would flow out to foreign platforms, while local operators cannot reap benefits.

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Hilton to expand in SE Asia

Business, Molpasorn Shoowong, Published on 21/08/2024

» Thailand and Vietnam are crucial destinations for Hilton hotels in Southeast Asia, as the company plans to double its size in the region over five years based on robust tourism and growing economies.

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Thai Vietjet eyes 8m passengers in 2024

Business, Molpasorn Shoowong, Published on 19/08/2024

» Thai Vietjet targets nearly 8 million passengers this year as it improves its aircraft utilisation rate and adds flights to existing routes, with a plan to import new Boeing 737 Max jets on tap for next year.

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GENERAL

Neo Corporate eyes premium, export markets

Business, Molpasorn Shoowong, Published on 17/08/2024

» SET-listed Neo Corporate plans to focus on the premium market and exports for double-digit growth annually over the next five years, after registering revenue growth that beat the market average in all three categories of fast-moving consumer goods (FMCG) last year.

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GENERAL

Thai Lion Air beefs up fleet, adds routes

Business, Molpasorn Shoowong, Published on 16/08/2024

» Thai Lion Air is ramping up its fleet and returning to its routes as tourism demand grows, targeting 6-7 million passengers and a profit for the first time post-pandemic.

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GENERAL

Revenue gain of 25% sought

Business, Molpasorn Shoowong, Published on 13/08/2024

» Tourism revenue for the second half is forecast at 1.46 trillion baht, putting total annual income at 2.8 trillion baht, 25% growth from last year, according to the Tourism Authority of Thailand (TAT).

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GENERAL

Toshiba unit sets sales growth target at 20%

Business, Molpasorn Shoowong, Published on 08/08/2024

» Toshiba Thailand has targeted 20% growth for the entire year, with more of its product line-up shifting to middle and high-tier products to tackle sluggish spending in the mass market and respond to global economic challenges.

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GENERAL

Hotels to seek damages from FTI collapse

Business, Molpasorn Shoowong, Published on 06/08/2024

» With hotels reporting over 111 million baht in losses from the collapse of the German tour company FTI Group, operators will seek assistance from the German Embassy in Thailand via coordination with the Tourism and Sports Ministry.