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Search Result for “Tourism and Sports Minister”

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BUSINESS

Centara expands into budget hotels

Business, Molpasorn Shoowong, Published on 27/02/2026

» Centara Hotels & Resorts is targeting revenue growth of 15% this year, banking on a recovery in Thai tourism and diversified markets. The company will begin investing in the first phase of six budget hotels from 2026 to 2028 at petrol stations in partnership with PTT Oil and Retail Business (OR).

BUSINESS

Thai AirAsia pins growth hopes on China, long-haul markets

Business, Molpasorn Shoowong, Published on 26/02/2026

» Thai AirAsia (TAA) is targeting 6-9% year-on-year revenue growth in 2026, supported by 23.5 million passengers and an 85% load factor, assuming an optimistic tourism outlook.

BUSINESS

BoT slashes rate in surprise move to support economy

Business, Somruedi Banchongduang and Nareerat Wiriyapong, Published on 26/02/2026

» The Bank of Thailand believes the cycle of policy rate cuts has ended, with Wednesday's reduction deemed sufficient to support the Thai economy.

BUSINESS

CPN launches major B7bn expansion of Central Phuket

Business, Kuakul Mornkum, Published on 25/02/2026

» SET-listed Central Pattana (CPN) is spending 7 billion baht to expand its large mixed-use Central Phuket development.

BUSINESS

Omnibus law sought to unlock investment

Business, Wichit Chantanusornsiri, Published on 25/02/2026

» The government is preparing to introduce an omnibus law to remove investment bottlenecks, with the hope of attracting 900 billion baht in actual investment this year from projects that have applied for investment promotion with the Board of Investment (BoI).

BUSINESS

Bualuang Securities flags politics as primary market risk

Business, Nuntawun Polkuamdee, Published on 25/02/2026

» Domestic political uncertainty is the Thai stock market's most significant immediate risk, as it could undermine investor confidence in the short term if left unresolved, while US tariff measures are viewed as a secondary external headwind, says Bualuang Securities (BLS).

BUSINESS

Tourism Authority of Thailand invests B30m to revamp app

Business, Molpasorn Shoowong, Published on 25/02/2026

» The Tourism Authority of Thailand (TAT) has invested 30 million baht to revamp its Amazing Thailand app to support seamless travel for inbound tourists, aiming to reach its goal of 3 trillion baht in tourism revenue this year.

BUSINESS

Digital community projects under review

Business, Komsan Tortermvasana, Published on 24/02/2026

» The Digital Economy and Society (DES) Ministry is revising the Net Pracharat project to provide free WiFi for 24,700 villages, as well as the Community Digital Centres project that has developed 2,222 centres nationwide, in a bid to restructure them.

BUSINESS

Thai AirAsia to revamp flights to Seoul from May

Business, Narumon Kasemsuk, Published on 24/02/2026

» Thai AirAsia will replace Thai AirAsia X in operating direct flights to Seoul from May 1, and aims to increase its domestic market share to 45% from 40% this year, despite intense competition from other low‑cost carriers that are aggressively expanding their fleets.

BUSINESS

Ekniti welcomes latest US tariff measures

Business, Wichit Chantanusornsiri, Published on 24/02/2026

» The latest US tariff measures, which impose a uniform 15% import tariff on goods worldwide, is seen as a positive signal for the Thai economy and is expected to help push Thailand's GDP growth above 2%, says caretaker finance minister Ekniti Nitithanprapas.