Thailand tops in winners of Agoda Gold Circle Award
Thailand scooped the most winners in this year's Agoda Gold Circle Award, with 241 out of the 1,642 based in the country. Japan comes in second place with 230, followed by China with 150.
The Gold Circle Awards, now in its 10th Year, recognizes elite service, high scoring peer-to-peer customer reviews from the 22 million reviews on Agoda, as well as excellence in pricing and availability.
Globally, 43 of the winning hotel partners have been presented the accolade for four years consecutively, including Thailand's Sri Panwa, a 5-star luxury pool villa hotel that has secured the highest review score in its category.
In Thailand, Bangkok is home to the most Gold Circle winners with 58 hotel partners represented, followed by Phuket (37) and Pattaya (30).
Gold Circle Awards ceremonies will take place in over 30 locations around the world, including three events in Thailand at Bangkok, Chiang Mai and Phuket, from October through December 2018.
TRIS RATING
“BBB” with stable outlook for Syntec Construction
TRIS Rating affirms the company rating on Syntec Construction Plc (SYNTEC) at “BBB”.
The rating reflects the company’s strong market position in the construction of high-rise buildings and its robust profitability.
The rating also recognizes SYNTEC’s resilience to a market downturn, aided by its sizable backlog and ample liquidity. However, the rating is constrained by a high reliance on the end markets SYNTEC serves and the cyclical nature of the engineering and construction (E&C) industry. The rating also takes into consideration a potential rise in leverage as SYNTEC plans to grow its real estate for rent business.
SET DEBUT
North East Rubber, a rubber product manufacturer and distributor, started share trading in the Stock Exchange of Thailand yesterday under the ticker symbol "NER".
NER produces and distributes rubber products including ribbed smoked sheet, standard Thai rubber and mixtures rubber for distributing to domestic and international automobile manufacturers and intermediaries in China, Singapore, Hong Kong, and Malaysia.
