Showing 1 - 10 of 64
Iconic hotel seeks new investor
Business, Molpasorn Shoowong, Published on 15/01/2025
» Royal Orchid Sheraton Riverside Hotel is looking for a new investor, while Marriott International, which managed the hotel, is expanding in the region with the focus being on management and franchise contracts.
Top five business news stories of 2024: Sealing deals
Business, Published on 25/12/2024
» The outlook for Thai small businesses this year was not prosperous, as the economy continued to grow at a sluggish pace.Some large companies outperformed others, but often they were forced to adjust their structures and increase liquidity through major transactions.Notable deals included the separation of the food and real estate businesses within the Sirivadhanabhakdi family, as well as the year-end investment by CP Axtra, under Charoen Pokphand (CP) group, in the Happitat mall at Forestias, also under the CP umbrella.Several other corporations wrapped up deals in a bid to strengthen their position.
Onyx upbeat on prospects for Shama brand
Business, Molpasorn Shoowong, Published on 18/09/2024
» Multinational company relocation to Southeast Asia and demand for conversions to serviced apartments has driven the growth of Onyx Hospitality Group's Shama serviced apartments.
Thai rice prices at 3-month peak
Reuters, Published on 16/05/2024
» Export prices for Thai rice rose to a more than three-month peak this week, bolstered by thin supplies and strong demand, while rates for top exporter India remained steady due to lacklustre demand.
Banyan returns to where it all began
Business, Kanana Katharangsiporn, Published on 04/05/2024
» After expanding to 22 countries over the past 30 years, hospitality-led property developer Banyan Group has returned to Phuket, the destination where it began.
Platform Cooperativism: A Pathway to a Fairer Platform Economy
Matthana Rodyim, Published on 24/11/2023
» Platform economy, which rapidly expands and covers various services from ride-hailing and food delivery to hotel booking and even dating, are causing concerns over precariousness, safety, isolation and insecurity of platform workers worldwide, including Thailand.
LHMH shrugs off dimmer outlook in Europe
Business, Molpasorn Shoowong, Published on 13/09/2023
» Europe's worsening economic outlook won't affect the hotel situation in Pattaya, as most guests arrive from other countries within Asia or are domestic tourists, according to LH Mall and Hotel (LHMH).
The night is full of promise
Business, Molpasorn Shoowong, Published on 14/08/2023
» When it is too early to sleep, visitors have plenty of choices in Thailand other than heading back to the hotel.
BOI witnesses signing of MOU between Changwon Industry Promotion Agency and MiC-T
Published on 25/07/2022
» Mr. Narit Therdsteerasukdi, Deputy Secretary General of the Thailand Board of Investment (BOI), witnessed the signing of a Memorandum of Understanding (MOU) between Changwon Industry Promotion Agency and Machinery Industrial and Supporting Cluster Thai Trade Association (MiC-T) at Grande Center Point, Terminal 21, on 23 June 2022.The parties also discussed cooperation in promoting investment between Thailand and South Korea, especially in the electric vehicle and other Thailand targeted industries which would further strengthen the cooperation under the MOU the BOI signed with Changwon in 2019.
PF aims to launch 15 low-rise projects
Business, Kanana Katharangsiporn, Published on 18/02/2022
» SET-listed developer Property Perfect Plc (PF) plans to launch 15 low-rise housing projects worth a combined 26.2 billion baht, of which nearly half are joint ventures with Hongkong Land and Sumitomo.