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Centara Hotels and Resorts adds three properties

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Group executives will today give details on the Bhundhari Spa and Villa Resort Samui, Centara Pariya Resort Koh Pha-Ngan and Centara Udon Thani Hotel as well as other developments.

The openings are expected to help the group to revitalise revenue after swallowing a bigger net loss of Bt166.2 million in the third quarter, compared to the loss of Bt118.5 million in the same period last year, due to the booking of an extraordinary expense item.

Centara Hotels and Resorts is adding three properties in Thailand

Centara Hotels and Resorts is adding three properties in Thailand

The closing of its Pizza Hut operations in the first quarter as well as another brand in the second quarter also chopped 6.8 per cent from food business revenues.

via Centara adding 3 projects – Nationmultimedia.com.

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Corporate

The environmental case for remote working

Anyone searching for a silver lining to the pandemic should look to the clear, blue skies above them. A reduction in pollution worldwide has been an unintended benefit of the lockdowns and stay-in-place orders imposed to control the spread of COVID-19.

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During the pandemic, the environmental and societal benefits of working at home quickly became apparent. How can businesses protect these benefits in the future?

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Investment

Thailand Q1 Investment Applications Soar 80% as FDI More Than Double says BOI

The top three source countries of FDI applications during the first quarter were South Korea, China, and Singapore, with similar levels of investment. Korean investment soared due to a large-scale joint venture in the medical sector, Ms Duangjai said.

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The Thailand Board of Investment (BOI) said today that in the first quarter of 2021, investment applications rose 80% from the year earlier period to a total value of 123.4 billion baht (USD3.9 billion), led by projects in the medical and electric and electronics (E&E) sectors, as foreign direct investment (FDI) applications more than doubled.

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