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Search Result for “Jomtien beach”

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BUSINESS

Thailand stalls as Vietnam surges

Business, Wichit Chantanusornsiri, Lamonphet Apisitniran, Somhatai Mosika and Molpasorn Shoowong, Published on 26/01/2026

» As the election campaign intensifies, the theme of restructuring has been a common refrain across the political spectrum, promoted as a tool to revive an economy that has struggled to gain momentum in recent decades.

BUSINESS

IHG to add nearly 40 hotels to Thai portfolio in 3-5 years

Business, Molpasorn Shoowong, Published on 21/01/2026

» Thailand still has an undersupply of hotel rooms, according to international chain IHG Hotels & Resorts, which aims to add nearly 40 hotels here in 3-5 years, adding the next government should address the strong currency.

PROPERTY

Raimon Land steps up sale of major holdings

Business, Kanana Katharangsiporn, Published on 03/12/2025

» SET-listed developer Raimon Land (RML) is accelerating the sale of major assets, including its 8.4-billion-baht stake in the One City Centre (OCC) office tower, as part of efforts to enhance liquidity in the first quarter of 2026.

PROPERTY

Phuket high-end markets see solid growth

Business, Kanana Katharangsiporn, Published on 27/11/2025

» Phuket's high-end villa and condo markets remain robust, supported by steady demand from foreign buyers, particularly long-stay travellers and remote workers, despite a slowdown in tourism.

PROPERTY

Capstone goes all in on Phuket

Business, Kanana Katharangsiporn, Published on 23/10/2025

» Property firm Capstone Asset Co is capitalising on momentum in Phuket and the emerging Phangnga market, with plans to develop a Marriott-branded residence and hotel in Phuket, a resort in Natai, and provide advisory services for a mixed-use project in Khao Lak.

PROPERTY

SCX allots B2bn for second Pattaya hotel

Business, Kanana Katharangsiporn, Published on 22/10/2025

» SCX Corporation, the recurring-income asset management arm of SET-listed developer SC Asset Corporation, plans to invest 2 billion baht to develop a second hotel in Pattaya, and is seeking a joint venture partner for the project.

BUSINESS

SCX's 2 new hotels to generate B900m

Business, Kanana Katharangsiporn, Published on 18/09/2025

» SET-listed developer SC Asset Corporation's subsidiary SCX Corporation, which manages its recurring-income assets, plans to open two new hotels in Bangkok and Pattaya over the next five weeks, targeting 900 million baht in revenue in 2026.

BUSINESS

Phuket encouraged to seek special administrative status

Business, Molpasorn Shoowong, Published on 03/09/2025

» With the new Phuket governor scheduled to take over next month, the current governor is pushing for his successor to continue to support the proposal to make the island a special administrative zone with an annual budget of more than 10 billion baht.

BUSINESS

Phuket tourism trade jittery over instability

Business, Molpasorn Shoowong, Published on 02/09/2025

» Political instability and persistent border issues continue to impact investor sentiment, making Thailand lose its competitiveness due to delayed infrastructure development and tourism stimulus, according to Phuket tourism operators.

BUSINESS

Thailand offers free domestic flights for 200,000 foreign arrivals

Business, Molpasorn Shoowong, Published on 19/08/2025

» The Tourism and Sports Ministry plans to offer free domestic flight tickets to 200,000 foreign arrivals to boost tourism nationwide over a three-month period.