logo
Read More

Thailand: Moving into the Myanmar market

Centara Hotels and Resorts has joined forces with KMA Group in a bid to expand into Myanmar’s growing tourism market. Centara yesterday signed a 10-year agreement with KMA, one of Myanmar’s largest conglomerates, to operate Centara KMA Resort Inle Lake. Centara Hotels and Resorts has 75 hotel properties and aims to operate 134 in total […]

Read More
th01
Read More

Thailand: Somkid downplays rate role in boosting growth

Interest rates are less important than confidence as a mechanism for propping up economic growth, says Deputy Prime Minister Somkid Jatusripitak. Amid a gloomy global economy, Thailand needs to build confidence above all, Mr Somkid said, adding that tepid investment is contributing to the firmer baht, so it’s necessary to ramp up investment to bolster […]

Read More
th02
Read More

Thailand: Fee ceiling curbs motor insurance

The insurance regulator is being urged to reconsider the ceiling on brokerage commission fees for motor insurance in order to accommodate existing market conditions, as the motor insurance segment has posted losses for five straight years. Kheedhej Anansiriprapha, executive director of the Thai General Insurance Association (TGIA), said the net loss ratio for motor insurance […]

Read More