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Search Result for “net profits”

Showing 11 - 20 of 48

BUSINESS

Energy woes dent Songkran travel sentiment

Business, Molpasorn Shoowong, Published on 20/03/2026

» Tourism operators are increasingly concerned about declining energy confidence, fearing it could dampen their high expectations for the upcoming Songkran holiday.

BUSINESS

Airline group pushes sustainability

Business, Molpasorn Shoowong, Published on 13/12/2022

» The International Air Transport Association (IATA) has called for more commitments to sustainable aviation fuel (SAF) from producers and airlines next year to help them hit net-zero targets, although Thai Airways has not yet agreed to purchase the fuel.

BUSINESS

Minor eyes huge hotel portfolio growth

Business, Molpasorn Shoowong, Published on 18/02/2025

» SET-listed Minor International is targeting capital expenditure of 10-12 billion baht a year to reach its goal of 1,000 hotels and 4,500 restaurants by 2029, while banking on a boost to Thai growth thanks to the filming of The White Lotus at its four resorts.

BUSINESS

Central Retail Corporation to focus on public service campaigns rather than prices

Business, Molpasorn Shoowong, Published on 28/11/2024

» Central Retail Corporation (CRC) plans to allocate a higher marketing budget for equity and sustainable campaigns, shifting from price promotion, after its latest initiative raised more than 2.5 million baht for the Cardiac Children Foundation of Thailand.

BUSINESS

Minor Food mulls IPO in Hong Kong by end of 2026

Business, Molpasorn Shoowong, Published on 23/02/2026

» Minor Food, a subsidiary of SET-listed Minor International, is exploring an initial public offering (IPO) in Hong Kong by the end of the year, while its hotel arm, Minor Hotels, prepares to launch a US$1-billion real estate investment trust (REIT).

BUSINESS

Continued losses for regional airlines

Business, Molpasorn Shoowong, Published on 10/12/2022

» The global aviation industry is expected to finally end years of losses with a net profit of US$4.7 billion in 2023, but Asia-Pacific airlines will have to wait a lot longer for their balance sheets to recover, according to the International Air Transport Association (IATA).

BUSINESS

Emirates touts bumper Thai business

Business, Molpasorn Shoowong, Published on 01/02/2025

» Emirates remains confident in Thailand as its Southeast Asia hub after reporting the most business and first-class passengers flying from the country, which prompted the airline to launch its largest overseas lounge at a Suvarnabhumi airport terminal.

BUSINESS

Illegal tour firms adopt new tactics

Business, Molpasorn Shoowong, Published on 13/07/2024

» More than a hundred tour operators are at risk of breaking the law for using nominees or a price-dumping strategy, while new fraudulent tactics offer cheap tours disguised as direct sales or multi-level marketing companies, according to Thailand's Tourism Department.

BUSINESS

Hotel room rates plunge too low during low season

Business, Molpasorn Shoowong, Published on 06/09/2024

» Hotels in leisure destinations such as Phuket, Krabi and Pattaya  tended to slash room rates too low during the low season when the average occupancy has sharply dropped, says hospitality market analyst STR.

BUSINESS

TAT upbeat on arrivals in low season

Business, Molpasorn Shoowong, Published on 25/05/2023

» The Tourism Authority of Thailand (TAT) expects Thailand to have received 10 million foreign tourists by the end of this month and to continue to have at least 2 million visitors per month despite the low season.