More and more consumers are using debit cards instead of cash, says Visa International Thailand, which saw an increase of 26 percent in electronic transactions last year. This is in line with the central bank’s aim of cutting operating costs, according to Somboon Krobteeranon, the country’s Visa International manager.
Of a total of 37 million Visa [...]
Tune introduces its brand of award-winning budget hotels to Pattaya tomorrow (February 17) with the opening of Tune Hotel Pattaya. The Asian chain’s newest hotel, its second in Thailand, features 192 rooms, many of which will be available at an introductory rate of 199 baht. The special rate is available only for rooms booked online [...]
Despite the traumatic flooding last year, Bangkok Airways posted a better-than-expected net profit. The 44-year-old airline also expects improved net profits this year, rising 7 percent to reach one billion baht, with revenue surging 15 percent to 12-13 billion baht.
Company president Puttipong Prasarttong-osoth was cautiously optimistic about the airline’s future whilst still acknowledging the downside [...]
Thailand’s business leaders are amongst the most stressed in the world, according to a Grant Thornton survey which indicates that only executives in Greece, China, Taiwan and Vietnam are more burdened by their jobs. However, it should be pointed out that much of the survey was conducted last November when Thailand was suffering massive floods.
With [...]
Travelers from around the world have been enjoying Thailand’s newest hotel primarily due to its ideal location, says Novotel Bangkok Platinum which opened at the end of 2011.
Not to discount the hotel’s “unrivaled service and high-end facilities,” but most of all Novotel attributes its initial success to its “terrific location” atop the Platinum Shopping Mall [...]
Even though flood waters receded from all Thailand several weeks ago, huge industrial zones in the central plains are far from resuming full production. Companies such as Panasonic, JVC and Hitachi, which specialize in electronics and computer parts, say that the majority of factories are still functioning effectively.
Before the floods, Thailand produced around 45 percent [...]
Following the success of low-cost condominiums in Pattaya, developers are lining up to offer accommodation in the under 3-million baht range. Quality House plans to launch its first project in South Pattaya later this year with all units priced under 3 million baht.
Raimon Land, which traditionally has concentrated on the luxury market, launched its first [...]
Centara Hotels & Resorts has launched its third hotel in Pattaya and has begun the construction of a fourth.
The 152-unit Centara Pattaya Hotel, located minutes from the beach in Central Pattaya, “is another very significant step in our strategic development of the Pattaya market,” says Suthikiati Chirathivat, chairman of the executive board, Central Plaza Hotel [...]
The Department of Special Investigation (DSI) has announced a New Year campaign to crack down on foreigners using Thai nominees to buy tracts of land and to circumvent labour laws which preclude them from operating certain businesses. DSI chief Tharit Pengdit said that some foreign gangsters had illegally bought swathes of land in Samui, Pattaya [...]
The Rembrandt Hotel was named one of the 99 most popular hotels worldwide by HolidayCheck, the Web’s largest German-speaking travel and holiday portal.
Winners were based on more than 530,000 reviews received in 2011. Hotels are divided into seven categories: Country’s No. 1, Beach Holiday, City Trip, Winter Sport, Countryside & Spa, Family, and Couples. The [...]
