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BUSINESS

Informa Markets expects lower earnings from food events

Business, Molpasorn Shoowong, Published on 01/04/2023

» Though the volume of visitors this year is projected to return to 2019 levels, Informa Markets believes global inflation and volatile economies in Europe and the US might affect the transaction value during its two international events targeting the food industry.

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BUSINESS

TPC bullish on prospects for Elite Card

Business, Molpasorn Shoowong, Published on 31/03/2023

» Thailand Privilege Card Co (TPC), the operator of Thailand Elite Card, is aiming for 10,000 new members this fiscal year ending September, with Chinese nationals being the top target because of the mainland's reopening.

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BUSINESS

Confidence index remains weak in Q1

Business, Molpasorn Shoowong, Published on 30/03/2023

» The Tourism Confidence Index for the first quarter remained below the pre-pandemic level because of concerns over high energy costs and Chinese businesses using nominees.

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BUSINESS

Klook sees bookings surge for Thailand

Business, Molpasorn Shoowong, Published on 29/03/2023

» Klook, an online travel platform, is expecting more than a million bookings for tourism activities in Thailand this year, ranking in the top three for destinations on the platform.

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BUSINESS

TAT raises expectations for Chinese visitors this year

Business, Molpasorn Shoowong, Published on 28/03/2023

» The target for inbound Chinese tourists this year has been upgraded to 6-7 million from 5 million, with more than 250,000 of them scheduled to visit Thailand in April, according to the Tourism Authority of Thailand (TAT).

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BUSINESS

Tempting visitors to find their chi

Business, Molpasorn Shoowong, Published on 27/03/2023

» As fears of Covid-19 infections die down in parallel with new cases declining globally, medical and wellness tourism is predicted to keep growing at a steady pace.

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BUSINESS

Thai AirAsia X refund plan set to be submitted soon

Business, Molpasorn Shoowong, Published on 25/03/2023

» Thai AirAsia X expects to submit a rehabilitation plan by mid-April, compensating all passengers affected by Covid-19 within the next 4-5 months.

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BUSINESS

U-tapao expansion likely delayed

Business, Molpasorn Shoowong, Published on 24/03/2023

» U-tapao airport expects a delay to the first phase of its expansion plans as some conditions have not been approved by authorities, with the carrying capacity reduced to less than 12 million passengers in the initial stages, says U-Tapao International Aviation Company (UTA).

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BUSINESS

TAT touts wellness industry strengths

Molpasorn Shoowong, Published on 23/03/2023

» Thailand has competitive advantages to strengthen wellness and medical tourism, both in terms of certified facilities and lower prices, than international players, according to The Tourism Authority of Thailand (TAT).

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BUSINESS

Bangkok Airways expects profit for 2023

Business, Molpasorn Shoowong, Published on 23/03/2023

» Bangkok Airways expects its passenger rate to hit 70-80% of the pre-pandemic level this year, roughly 4.4 million people from more than 40,000 flights, and will possibly post an annual profit for the first time since 2019.