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Search Result for “developing asia”

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BUSINESS

SET rides wave of post-poll optimism

Business, Tisco Securities, Published on 14/02/2026

» The Stock Exchange of Thailand closed the first month of 2026 with high hopes for an election-themed rally. Market-cap leader DELTA turned positive again, pushing the SET up more than 20 points in the first week of the year, while positive sentiment about artificial intelligence (AI) on Wall Street spread to Asia.

BUSINESS

Levelling the e-commerce playing field

Business, Suchit Leesa-nguansuk, Published on 14/02/2026

» The Trade Competition Commission of Thailand (TCCT) has issued new guidelines for the Trade Competition Act of 2017, expected to be published in the Royal Gazette next month, aiming to curb unfair trade practices and prevent monopolistic behaviour in multi-sided platform businesses, with a focus on e-commerce.

BUSINESS

Mcot opens bids for Bangkok land

Business, Kanana Katharangsiporn, Published on 14/02/2026

» State-owned broadcaster Mcot Plc has opened bidding for the lease of more than 50 rai of land near its headquarters in the Rama IX area of Bangkok, with the site expected to be developed as a mixed-use project amid the economic slowdown and an oversupply of office space in the area.

BUSINESS

Bangchak buys Chevron’s HK unit as Thai firm expands in Asia

Bloomberg News, Published on 13/02/2026

» Bangchak Corp will acquire Chevron’s Hong Kong fuel business for US$270 million as the Thai energy company accelerates its overseas expansion, it said.

BUSINESS

Thailand’s Minor International to 'explore' Hong Kong IPO

Bloomberg News, Published on 13/02/2026

» Thailand’s Minor International Public Company Limited, one of Asia’s largest hospitality groups, is considering a Hong Kong initial public offering (IPO) for its restaurant business, people familiar with the matter said, at a time when Bangkok’s stock market tries to revive activity at home.

BUSINESS

Vietnam, mainland China among top Lunar New Year destinations for Hong Kongers

South China Morning Post, Published on 13/02/2026

» South Korea, Japan, Vietnam and mainland China are emerging as popular Lunar New Year destinations for Hong Kongers this year, as residents take advantage of a calendar arrangement allowing them to enjoy nine consecutive days off by taking just two days of leave.

BUSINESS

Chinese target Thailand for New Year travel

Business, Molpasorn Shoowong, Published on 13/02/2026

» Thailand remains a top destination for Chinese travellers during the upcoming Lunar New Year, but tourism consultants said the country should still develop new attractions and experiences to compete with emerging markets.

BUSINESS

Chinese New Year spending tipped to rise 5%

Business, Kuakul Mornkum, Published on 12/02/2026

» An estimated 54.2 billion baht will circulate during the 2026 Lunar New Year, marking a six-year high and 5% growth from the previous year, according to the Center for Economic and Business Forecasting at the University of the Thai Chamber of Commerce (UTCC).

BUSINESS

Report: Thai hotel rates increased 3% in 2025

Business, Narumon Kasemsuk, Published on 12/02/2026

» The average daily rate for hotels in Thailand surged by 3% last year to 4,984 baht and they recorded a longer average length of stay, with Booking.com, Agoda, and direct hotel bookings generating the most revenue, according to SiteMinder.

BUSINESS

Thai industry urged to embrace restructuring

Business, Lamonphet Apisitniran, Published on 12/02/2026

» Thailand's industrial economy is under a cloud of uncertainty in the first quarter of 2026.