Showing 1 - 10 of 4,364
Equities steady a day after big US bond sell-off
Business, Published on 24/05/2025
» RECAP: Asian equities stabilised on Friday, a day after a sell-off in Treasuries that reflected concerns about US fiscal stability and rattled markets around the globe.
Army of Chinese travel agents en route to Thailand
Molpasorn Shoowong, Published on 22/05/2025
» Thailand’s tourism industry is preparing to welcome 500 Chinese travel agents and media members at the end of this month, hoping to revive a market that has plunged 32% compared with a year ago.
Bank of Thailand slashes tourism forecast
Somruedi Banchongduang, Published on 21/05/2025
» The Bank of Thailand has slashed its forecast for Chinese tourist arrivals this year by 2 million, or nearly 30%, reducing its projection for total foreign arrivals in 2025.
Bank employees in Pattaya charged with helping Chinese scammers
Published on 21/05/2025
» Eleven people, four of them Pattaya bank employees, have been arrested on charges of helping Chinese scammers falsify documents used to open bank accounts.
Trade talk and domestic politics drive sentiment
Business, Published on 20/05/2025
» Thai shares rebounded in line with global bourses last week, shortly before falling back closer to 1,200 points. Early in the week, the market was driven by euphoria over the prospects for a US-China trade deal. Washington cut tariffs on Chinese goods to 30% while China trimmed its rates to 10% for 90 days.
NESDC slashes growth forecast to 1.8%
Published on 19/05/2025
» The state planning unit has slashed its economic growth forecast for this year to 1.8%, down from its earlier projection of 2.8% due to the impact of the global trade war.
Trade tensions remain on edge
Business, Published on 19/05/2025
» After the US announced on April 9 it would temporarily suspend tariff hikes on several countries for 90 days, the global trade sector breathed a sigh of relief.
Thailand launches 12 'green season' campaigns to boost domestic tourism
Online Reporters, Published on 18/05/2025
» The Tourism Authority of Thailand has unveiled 12 creative tourism campaigns aimed at stimulating domestic travel during the rainy season, with the ambitious goal of generating 1.17 trillion baht in tourism revenue in 2025.
Tourism reform call as foreign arrivals in Thailand plunge
Business, Narumon Kasemsuk, Published on 16/05/2025
» Thailand needs to urgently address the freefall in foreign arrivals, which is more pronounced this quarter among both leisure and corporate travellers, by reforming the sector and creating new destinations, according to a former head of the Tourism Authority of Thailand (TAT).
Thai hotels face double whammy from US tariffs
Business, Nareerat Wiriyapong, Published on 15/05/2025
» Thai hotels are likely to face secondary effects from the US reciprocal tariffs as slowing tourist arrivals may cause hoteliers to cut prices or introduce more aggressive campaigns at home, while their overseas operations cannot escape the impact of the global economic slowdown.