Showing 1 - 10 of 220
Renewed AI optimism gives Asian shares a lift
Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 17/01/2026
» RECAP: Asian stocks advanced yesterday as the artificial intelligence boom regained momentum after Taiwan Semiconductor Manufacturing Co reported strong earnings. Risk appetite also improved after US President Donald Trump pulled back from threatened military action against Iran over a violent crackdown on protests.
Luxury demand strong in western Bangkok
Business, Kanana Katharangsiporn, Published on 04/12/2025
» Western Bangkok is regaining momentum with new housing launches in two key price segments, 55-120 million baht and 9-12 million baht, led by major developers Sansiri and Supalai, despite an overall slowdown in the single detached housing market.
Phuket upbeat on high season outlook
Business, Molpasorn Shoowong, Published on 02/12/2025
» Phuket tourism operators anticipate this high season running through the first quarter of 2026 will deliver the strongest performance in five years, driven by increased tourist spending, longer stays and the introduction of new long-haul flights to southern Thailand.
Phuket restaurants upbeat for high season
Business, Kuakul Mornkum, Published on 10/11/2025
» Despite the decline in foreign arrivals during the first 10 months of this year, including Chinese tourists dipping by one-third, the Phuket-Andaman Restaurant Club is optimistic about the upcoming high season.
Event to woo 100,000 Indians
Business, Molpasorn Shoowong, Published on 10/10/2025
» Indian tourism operators remain confident in Thailand as a top destination, with the country planning to host the "Grand Diwali Celebration" next week, aiming to draw at least 100,000 travellers, while annual arrivals are expected to reach a record high of 2.5 million.
Ascott sees revenue and rates reviving next year
Business, Kanana Katharangsiporn, Published on 09/10/2025
» The Ascott Limited Thailand, the wholly owned lodging business unit of Singapore-based CapitaLand Investment, expects revenue, occupancy and room rates to recover in 2026, with plans to diversify into resort destinations such as Phuket and secure a management contract in Hat Yai.
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.
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.
Sansiri preps 29 projects in Phuket under 5-year plan
Business, Molpasorn Shoowong, Published on 06/08/2025
» SET-listed developer Sansiri plans to launch 29 residential projects worth 33 billion baht in Phuket under a five-year plan, driven by new demand from both locals and foreigners.
Phuket hotels go green in hunt for gold
Business, Molpasorn Shoowong, Published on 21/07/2025
» Thai tourism is embracing sustainability as a core selling point for travellers, as the industry seeks to ensure its survival in a marketplace where such practices have become the "new normal".