State firms set to spend 90% of funds: The head of the State Enterprise Policy Office is confident disbursement of state enterprises’ investment budgets will reach 90% of the total this year, after tallying 32% as of May. Enterprises using the fiscal 2022 year have until Sept 30, while those using the calendar year still […]
Read More →AWC anticipates solid turnaround 2H from recovery OCC & higher room rate, contribution from MICE, 12 hotels on track to open FY23-FY27. Comment: Despite it being one of the larger groups on the mkt, it doesn’t attract as much investor interest. GULF raised revenue growth target this year to 80% from 60%, on rise in […]
Read More →AOT to open bid for Bt7,830m East-passenger terminal extension next year, with construction expected to begin soon after. Comment: I’m all for these expansions, Thailand had infrastructure issues dealing with the increase in Chinese tourists leading up to 2019, if we throw in the Indian market, it would be impossible for the travel industry to […]
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