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Search Result for “Grand Hyatt Erawan Hotel”

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BUSINESS

Trump's new Iran threats rattle markets

Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 21/02/2026

» RECAP: Most Asian equities fell and oil prices rose yesterday after Donald Trump ratcheted up Middle East tensions by hinting at possible military strikes on Iran if it did not make a "meaningful deal" in nuclear talks. The remarks put the brakes on a rebound in markets following an AI-fuelled sell-off earlier.

BUSINESS

Origin ramps up non-residential push

Business, Molpasorn Shoowong, Published on 21/02/2026

» SET-listed developer Origin Property aims to increase the contribution of non-residential revenue to two-thirds of total profit within 5-10 years, up from an estimated 50% this year, as it diversifies into hotels, services and warehouses.

BUSINESS

Thai hotel group Minor plans $1bn property fund

Bloomberg News, Published on 20/02/2026

» Minor International Plc, Thailand’s largest hotel and restaurant chain operator, plans to set up its first real estate investment trust worth about $1 billion, and is exploring a Hong Kong listing of its restaurant unit to raise funds for debt repayment.

BUSINESS

Tour operators insist on VAT relief

Business, Narumon Kasemsuk, Published on 20/02/2026

» Outbound tour operators will continue to push for the removal of value-added tax (VAT) from overseas tour packages sold to local travellers, arguing the charge is redundant given other taxes paid at destinations.

BUSINESS

Call for stimulus in border provinces

Business, Narumon Kasemsuk, Published on 19/02/2026

» Executives from seven provinces along the Thailand-Cambodia border met with the House of Representatives' Committee on Tourism to address declining tourism confidence, as their markets remain weak despite relative peace along the dividing line.

BUSINESS

US tech giant Nvidia announces India deals at AI summit

AFP, Published on 18/02/2026

» NEW DELHI — US artificial intelligence (AI) chip titan Nvidia unveiled tie-ups with Indian computing firms on Wednesday as tech companies rushed to announce deals and investments at a global AI conference in New Delhi.

BUSINESS

Budget hotels at PTT petrol stations

Yuthana Praiwan, Published on 18/02/2026

» Two listed firms, PTT Oil and Retail Plc (OR) and Central Plaza Hotel Plc (Centel), announced a joint venture that will run budget hotels at PTT petrol stations.

BUSINESS

Tourism's 2-speed economy

Business, Narumon Kasemsuk, Published on 18/02/2026

» Tourism is a key industry for Thailand, but over the past decade it has faced a critical challenge: income disparity, with a sharp divide between a handful of major destinations and second-tier locations.

BUSINESS

Hotel operators call for restructure of land tax

Business, Narumon Kasemsuk, Published on 17/02/2026

» Hotel operators believe requesting land and building tax discounts on a yearly basis will not help the business sector reduce its fixed‑cost burden in the long run, and urged the government to revise this tax structure to be based on revenue, similar to the previous property tax.

BUSINESS

Trat businesses brace for lengthy closures

Jakkrit Waewkraihong, Published on 17/02/2026

» Business operators along the Thai–Cambodian frontier in Trat province are bracing for a prolonged border shutdown, urging authorities to reopen checkpoints while rapidly pivoting toward domestic markets to survive.