Air Asia-backed budget hotel group Tune is opening four locations in Thailand, with plans for more in the country and globally as part of an expansion aiming to have over 100 locations by 2014.

While stock markets the world over continue their bearish ways, real estate is becoming an increasingly attractive form of investment. In Asia, the market has seen major growth recently, and industry experts anticipate the expansion to continue into the future, according to Property Wire.

Central Pattana's president and chief executive Kobchai Chirathivat spoke with The Nation's Pichaya Changsorn recently about his management principles and the current restructuring and business expansion strategy of Thailand's largest retail developer. The following is an edited excerpt from the interview.

CP All, the Thai operator of 7-Eleven convenience stores, has frozen its planned expansion into China and Vietnam and now intends to promote its outlets in the domestic market strongly to drive annual gross margin by at least 0.3 per cent.

The Tourism and Sports Ministry plans to waive visa fees for visitors of more countries to boost tourism.

Central Department Store (CDS) will reopen its Lat Phrao branch on Sunday with more than 100 brands and services aimed at stylish and trendy customers.

Thai Airways International will launch its new low-cost airline, Thai Smile, in July 2012, after settling on the name and...

Farmers are warned to avoid falling into debt through inappropriate spending on the special credit cards the new government plans...

Gold Traders Association President Jitti Tangsithpakdi said that it is convincing that the gold price would hit US$2,000 per ounce...