Showing 1 - 10 of 32
Region's state debt reaches 18-year high
Business, Sirinnaree Ongsakul, Published on 18/04/2023
» The average government debt level in Asia-Pacific is at an 18-year high, with most developing economies in the region trying to stabilise it at current levels by 2027, according to recent research.
SHR sees revenue hitting B10bn this year
Business, Molpasorn Shoowong, Published on 15/03/2023
» SET-listed S Hotels & Resorts (SHR) is expecting 10 billion baht in revenue this year, a record high and an increase of 20% from last year.
Floating trade views amid balloon snafu
Business, Phusadee Arunmas and Suchit Leesa-nguansuk, Published on 15/02/2023
» Geopolitical tensions are expected to ratchet up after American jets downed four flying objects in the past 10 days, including a suspected Chinese spy balloon off the Carolina coast on Feb 4.
Transformation through travel
Business, Vijay Verghese, Published on 08/07/2022
» What could Venice, Mumbai, the Maldives and the Great Barrier Reef possibly have in common? Two are magnificent repositories of centuries-old cultures and bustling commerce. The other two offer a spectacle of sugar-white beaches, framed by the enticing blues of froth-fringed coral reefs.
Phuket eyes Saudi, Australian markets
Business, Dusida Worrachaddejchai, Published on 04/06/2022
» Phuket tourism operators are banking on promising markets such as Australia and Saudi Arabia to support the industry during the low season.
SHR to invest B7.3bn to triple revenue by 2024
Business, Dusida Worrachaddejchai, Published on 08/04/2022
» SET-listed S Hotels & Resorts (SHR) will invest 7.3 billion baht to triple its revenue by 2024, starting with a target of 8.5 billion baht this year, driven by hotel operations in the UK and the Maldives.
Singha upbeat on outlook for hotels
Business, Kanana Katharangsiporn, Published on 27/11/2021
» SET-listed developer Singha Estate expects the tourism sector in Thailand, Mauritius and Fiji to rebound by the second quarter of 2022, helping to revive its hotel business in the three countries.
SHR targets 10-15% revenue growth next year
Business, Kanana Katharangsiporn, Published on 27/08/2021
» SET-listed S Hotels & Resorts (SHR) expects the recovery momentum for tourism in the UK, Maldives and Fiji in July will continue throughout this year and into 2022 as it aims for revenue growth of 10-15% next year.
SHR builds up British portfolio
Business, Dusida Worrachaddejchai, Published on 18/03/2021
» S Hotels & Resorts (SHR), the hospitality arm of SET-listed Singha Estate, is diversifying into Britain for long-term growth, opting for fully-owned shares in its UK portfolio.
Travel's Covid-19 Blues Are Likely Here to Stay
Business, Mike Cherney & Eric Sylvers &, Published on 23/02/2021
» The outlook for a rebound in travel this year has dimmed after the global pandemic ravaged the industry and hurt tourism-dependent economies, with travelers postponing plans amid vaccine delays and border restrictions.