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The Latest Breaking News from Centel

Centel expands in Japan with Osaka hotel

SET-listed Central Plaza Hotel (Centel) is capitalising on the growing Japanese tourism sector with the launch of Centara Life Namba Hotel Osaka, its second hotel in Osaka.

Bangkok Post

NBA World Pays Tribute to Fallen Troll Account ‘TheNBACentel’ on Social Media

Gone but never forgotten.

Sports Illustrated

Centel sees profit increase to B629m in Q1

Central Plaza Hotel Plc (Centel) saw strong net profit in the first quarter of this year, the highest level since the start of the pandemic, thanks to the positive impact of a significant increase in tourist arrivals.

Bangkok Post

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Thai hotels set sights on global growth

Thai hospitality is globally recognised for its unique service standards, which have assisted many homegrown hotel companies in their international expansion over the past few decades.

Bangkok Post

SET gains as Asian bourses enjoy upbeat week

RECAP: Asian stocks rose on Friday and were poised for their fifth straight week of gains as China's reopening and data highlighting a resilient US economy boosted investor sentiment.

Bangkok Post

Bumpy road ahead despite tourism upturn

After moving sideways for most of December, the Stock Exchange of Thailand ended 2022 at 1,668.66 points, up just 0.7% year-on-year from 1,657.62 at the end of 2021. Despite the subdued holiday trading mood, the market shot up for eight trading days in a row to close out the year.

Bangkok Post

Asian shares fall amid tougher rate talk

RECAP: Asian shares declined yesterday, as continued interest rate hikes and a steadfast hawkish stance by major central banks fuelled global recession worries and sapped risk sentiment, driving US and European markets down.

Bangkok Post

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Narrow trading range seen as year winds down

The November trading range for the SET Index was between 1,610 and 1,640 points, in line with expectations. The peak for the month was 1,640.03 while the nadir was 1,610.75. The overall investment mood and tone were quite bearish due to a lack of catalysts for the market.

Bangkok Post

Equities pause as market takes stock of Covid cases

RECAP: Asian equities fell yesterday in subdued activity after the Thanksgiving holiday in the US. Chinese shares led declines as investors weighed recent gains against an upswing in Covid-19 infections, which reached a new single-day high above 30,000 infections.

Bangkok Post

Equities soar as US inflation shows signs of easing

RECAP: Asian shares jumped yesterday as slowing US inflation and an easing of some Chinese Covid quarantine rules triggered a relief rally. The MSCI Asia Pacific Index climbed as much as 3.5%, on track for its best weekly gain since April 2020.

Bangkok Post

Sell-off continues as inflation fight stepped up

RECAP: Asian markets fell again yesterday and the dollar extended gains amid a global sell-off fuelled by growing recession fears as central banks around the world ramped up interest rates to fight decades-high inflation.

Bangkok Post

Positioning for a fourth-quarter take-off

August was good to the Stock Exchange of Thailand with the index moving up 62.52 points, or 4% month-on-month, to close at 1,638.93 points. Average daily turnover improved significantly, climbing 21% to 70.7 billion baht, from only 58.3 billion in July.

Bangkok Post

Look for selective plays with strong growth stories

We expect the SET Index to move higher in September. On the external front, we believe investors have digested the prospect of more rate hikes from the US Federal Reserve and thus expect a limited impact from the next upward move, given the hawkish signals sent recently by Fed chairman…

Bangkok Post

Stick with firms that gain from reopening

April typically is the weakest month for share trading activity given the large number of holidays and the low number of trading days. It's not surprising, then, that average trading turnover for the month was just 72 billion baht, down almost 20% from 89 billion baht in March.

Bangkok Post

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Centel posts 15% rise in Q4 revenue to B3.7bn

Central Plaza Hotel Plc (Centel), the operator of Centara Hotels and Resorts and its food business, reported 3.7 billion baht in total revenue for the fourth quarter of 2021, an increase of 15% year-on-year.

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Pakorn Peetathawatchai

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