Thai Airways has doubled up on losses for the past three months (Q3), compared to the same period last year. They’ve reported an operating loss of 3.69 billion baht, up 103% year-on-year.
The total revenue was actually up 2.2%, according to a statement from the Thai Airways president, Sumeth Damrongchaitham, but the operating costs were up 1.87 billion baht, compared with the same period in 2017.
He put the dismal profit report down to natural disasters, decreasing numbers of Chinese tourists and rising oil prices.
Whilst noting that the third quarter each year is usually airlines’ ‘low season’ in Thailand, he said fuel prices were up 5.5% this year along with rising costs of maintenance and overhaul.
Sumeth mentioned a few milestone events in Q3, including the Typhoon Jebi that hit Japan, disrupting flights, an earthquake in Hokkaido and Typhoon Mangkhut which hit Hong Kong – all key routes for the national airline.
But, more than the other events, the general drop in Chinese tourists choosing Thai Airways was the main shock to the airline’s bottomline during the period.
Container with radioactive waste being stored at Laem Chabang port
An unknown amount of radioactive waste has been detected inside an export container at the Laem Chabang Deep Seaport, just north of Pattaya, Chon Buri.
The port’s deputy director, Vice Admiral Yutthana Mokkhao, says the waste is being kept in the safety zone at the port which is equipped to handle radioactive situation and it is being handled by officials from Thailand’s Institute of Nuclear Technology (TINT).
The waste was detected by x-ray officials and TINT was alerted on Thursday. Yutthana said TINT intended to remove the radioactive waste for disposal by Friday but the operation could not be completed on time. The operation resumed yesterday, he said.
The container belongs to the Aftermath Stainless Steel and Metal Recycling Company.
Yutthana did not specify the amount or type of radioactive waste.
The Nation reports that, normally, radioactive waste could be a by-product of electricity generating by nuclear reactors or it could come from medical radiating machines.
STORY: The Nation
Thailand’s first Apple store opens along the Chao Phraya at the new Iconsiam
The new Iconsiam building is open along the banks of the Chao Phraya along with a stunning new Apple Store, the first in Thailand. One of the features of the new store is the play on the Apple logo which makes it look like a letter of the Thai alphabet, a first such departure for the usually rigorous Apple style-sheet.
The new Apple Iconsiam seamlessly connects the new mixed-use IconSiam Centre to an outdoor roof terrace. The store’s clean, trapezoidal design lines and glass surfaces accentuate the natural beauty of its surroundings while creating an open, airy atmosphere erasing boundaries between interior and exterior.
Apple Iconsiam, the first Apple Store in Thailand, opens today in Bangkok at the city’s newest and largest shopping centre, IconSiam Centre.
The store features Apple’s full line of products, including iPhone XS, iPhone XR and Apple Watch Series 4, invites visitors to pursue their creative passions with free Today at Apple sessions. Angela Ahrendts, Apple’s senior vice president of retail, said that Bangkok is a cultural and economic destination for the entire region, which hosts millions of passionate Apple customers.
“We are thrilled to introduce our Thai customers to Today at Apple, our full line of products, our phenomenal employees and the service and support that is loved by customers around the world,” gushed Ahrendts.
Denny Tuza, senior market director, Asia Pacific Retail for Apple, notes that the design features two expansive glass facades that create transparency through the store and to the river, the city and beyond.
As customers walk in through a sweeping curve stone entry, their journey continues to the lush roof garden, where they can admire local art, participate in a Today at Apple photo or sketch walks, or simply enjoy iconic views of Bangkok.
Inside the store, a spacious forum offers all of Apple’s free Today at Apple sessions, which he says Apple expects will inspire visitors to connect with one another, discover a new passion or take their skills to the next level. People can sign up for Today at Apple sessions at apple.com/th/today. These hands-on sessions, led by creative pros, offer tools for all to explore their creative curiosity and learn to make the most of Apple products and services.
STORY: The Nation
Meliá Hotels International signs up Meliá Phuket Karon
Meliá Hotels International, a leading Spanish hotel company, has announced the signing of Meliá Phuket Karon, the second property in Thailand, followed by Meliá Phuket Mai Khao.
Meliá Phuket Karon will be the group’s sixth property in Thailand, continuing their dedication in providing exceptional hospitality with a Spanish touch, to the island’s thriving accommodation market.
Scheduled to open in 2021, Meliá Phuket Karon will be located in Karon hillside, surrounded by 64,000 square-metres of untouched tropical forest, more than half of which has been set aside for an Adventure Eco Park created to simultaneously promote and preserve the natural beauty and ecology of Karon.
The resort overlooks the panoramic scenery of Karon Bay and the Andaman Sea beyond. The resort is conveniently a five-minute shuttle Karon Beach.
Meliá Phuket Karon will provide a total of 150 guestrooms with sophisticated contemporary design and indigenous atmosphere. Additionally, Meliá Phuket Karon Residence consists of 15 villas and 59 condominium rooms which will also be managed by Meliá Hotels International.
True to the focus of the Meliá brand on the wellbeing of its guests, the hotel will feature an infinity pool with panoramic views of the Andaman Sea, YHI spa, state-of-the-art fitness centre and the exclusive The Level service.
For gourmets, the hotel will include two dining options, serving healthy cuisine with superior quality. Meliá Phuket Karon will also provide Meliá Power Meetings concept, designed to stimulate dynamic and productive meetings that also help participants enjoy their work.
“As the most visited country in Southeast Asia, Thailand is an integral and key market to our strategic growth in the Asia Pacific,” said Bernardo Cabot, Senior Vice President of Meliá Hotels International Asia Pacific.
“We’re delighted to partner with Mishari Co. Ltd, who we share the similar vision and devotion with, and I am confident we will achieve the course of sustainable growth and increasing profitability in this market.”
Faheem Ahmed, Chairman of Mishari says, “I am delighted to partner with Meliá Hotels and Resorts for our first Thai property. I chose the west coast Phuket site because of its natural beauty, a place which exemplifies the finest in luxury tropical living.
“The peaceful and relaxing environment of this land plot with its stunning 360 degrees views of sea, beach and wooded hills is exceptional, and the proximity to Phuket’s finest beaches, shops, restaurants, and entertainment make it the best of all worlds. I look forward to a fruitful and long-lasting partnership with Meliá.”
As for this announcement, Meliá Hotels International will open 6 new hotels in Thailand before the end of 2022.
SOUCE: Meliá Hotels & Resorts
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