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Search Result for “intercontinental samui”

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BUSINESS

Huge bets on oil plunge placed just before ceasefire news

Published on 09/04/2026

» LONDON - Investors placed approximately $950 million in bets on oil prices falling just hours before the United States and Iran announced a ceasefire, the latest large wager on the direction of the ​world’s most traded commodity ahead ⁠of a major policy announcement by President Donald Trump.

BUSINESS

Polluted Chiang Mai to suffer at Songkran

Business, Molpasorn Shoowong, Published on 02/04/2026

» Northern tourism operators expect a poor showing during the Songkran holiday as the region remains choked by smog, amid weak spending attributed to the war in the Middle East and the subsequent oil shock.

BUSINESS

Bangkok Airways to raise domestic airfares by up to 20%

Business, Narumon Kasemsuk, Published on 28/03/2026

» SET-listed Bangkok Airways plans to increase domestic airfares by 15-20% from April 1 to counter rising fuel costs and a 3% decline in second-quarter forward bookings, and may negotiate with the Civil Aviation Authority of Thailand (CAAT) to extend the airfare ceiling if operating costs continue to soar.

BUSINESS

Oil trading spike minutes before post by Trump raises questions

Published on 25/03/2026

» LONDON - Traders bet half a billion dollars on the ‌price of crude only 15 minutes before US President Donald Trump announced a five-day delay to attacks on Iranian energy infrastructure that sent the market plunging, exchange data and Reuters calculations show.

BUSINESS

Living Beyond Boundaries in Paradise

Published on 20/03/2026

» The mesmerizing Andaman Sea stretching endlessly and emerald green hills are the perfect backdrop for stepping into lifestyle-led luxury living at The Residences at InterContinental Phuket Resort.

BUSINESS

Sugar tycoons branch into hotel investments

Business, Kanana Katharangsiporn, Published on 04/03/2026

» The second-generation owners of Rajburi Sugar Group have diversified into hotel investments, spending more than 1.5 billion baht to acquire and renovate Impiana Resort Chaweng Noi in Samui and Pullman Khon Kaen.

BUSINESS

AirAsia X revives London route

Reuters, Published on 11/02/2026

» The Malaysian budget carrier AirAsia X on Wednesday announced plans to resume flights from Kuala Lumpur to London via a new hub in Bahrain, using the extended range of narrow-body jets to stitch fresh routes alongside ​established carriers.

BUSINESS

Hotel sector braces for challenging year

Business, Kanana Katharangsiporn, Published on 10/02/2026

» Thailand's hotel sector will remain highly challenging in 2026, pressured by multiple factors, including uncertainty in key foreign markets amid global geopolitical risks and the continued strength of the baht, according to Kasikorn Research Center.

BUSINESS

Central unveils Chinese New Year campaign for Q1

Business, Boonsong Lipimas, Published on 28/01/2026

» Central Pattana (CPN), the SET-listed retail and property developer, and Central Department Store Co Ltd (CDS) are allocating 600 million baht to roll out a nationwide Chinese New Year campaign to stimulate spending and foot traffic during the first quarter.

BUSINESS

Strong baht may crimp bookings

Business, Molpasorn Shoowong, Published on 22/01/2026

» With the baht strengthening against the US dollar, surpassing 31 to the greenback for the first time in almost five years, it should impact forward bookings for the next few months and during the low season, discouraging tourist spending.