Posts Tagged ‘09.’

A recent study has shown that tourist arrivals in Thailand will drop by 10-15% this year to 12.5 million, lower than the forecast of 14 million by the Tourism and Sports Ministry. Based on the study by the University of the Thai Chamber of Commerce (UTCC) tourist arrivals should revive to grow at least 3-7% year-on-year in ... Full story

After a disastrous first half of 2009, housing developers are seeing a positive signs of recovery in the remaining six months of the year. With the colorful picture in the economy of Thailand, major housing projects costing nearly Bt100 billion will be undertaken by the leading real estate developers of the country. According to the report gathered from ... Full story

The crisis affecting the housing industry in Thailand will continue in the remaining months of 2009. This was the assessment of a Bangkok-based Thai credit agency who also revealed that there is no immediate solution to the low demand of housing which it predict would continue for quite sometime. In its study, the TRIS Rating said despite government ... Full story

THE GLOBAL financial crisis and the ongoing political trouble have not totally dampened the economy of Thailand. In a recent study, it was discovered that 15 of Thailand's listed property developers increased its profit by 13-26 percent in the first quarter of 2009. Among the housing developers, Supalai lead the pack in terms of earnings as it posted ... Full story

ONE of the top hotels in Thailand has expressed confidence it could reach its goal of 70% average occupancy in 2009 just like what happened last year. An official of the Grand Hyatt Erawan Bangkok despite the global economic crisis and the current political turmoil he is confident his company will reach its modest goal this year. Grand ... Full story