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Search Result for “Tourism revenue”

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THAILAND

'No plan' for VAT rate hike

News, Chairith Yonpiam, Published on 24/02/2026

» The incoming Bhumjaithai-led administration will not raise the value-added tax (VAT) rate to 10% over the next three years, a BJT executive said, adding that the party's immediate focus is economic recovery.

BUSINESS

Phuket in fresh bid for Specialised Expo

Business, Molpasorn Shoowong, Published on 24/02/2026

» Phuket plans to submit a bid for the Specialised Expo again this year, aiming to host the event in 2032 or 2033 under a new "longevity" theme, promoting the island's wellness and sustainable tourism sectors.

BUSINESS

Aberdeen bullish on local equities post-election

Business, Nuntawun Polkuamdee, Published on 24/02/2026

» Aberdeen Asset Management has adopted a bullish stance on Thai equities following the recent election, noting political clarity and improving stability could pave the way for renewed foreign inflows and a recovery in the benchmark index to 1,500 points.

BUSINESS

Phuket in fresh bid for Specialised Expo

Molpasorn Shoowong, Published on 23/02/2026

» Phuket plans to submit a bid for the Specialised Expo again this year, aiming to host the event in 2032 or 2033 under a new “longevity” theme, promoting the island’s wellness and sustainable tourism sectors.

BUSINESS

Plan to tax gold imports stokes Thai industry criticism

Published on 23/02/2026

» Gold traders strongly oppose the Customs Department’s plan to ask the incoming government to impose import duties on gold, warning that Thailand could lose its status as a gold trading hub if the measure is implemented. They added that gold is now regarded as an investment asset rather than a commodity subject to tariffs.

BUSINESS

US to stop collecting tariffs ruled illegal by Supreme Court

Reuters, Published on 23/02/2026

» WASHINGTON  - The US Customs ​and Border Protection agency said ‌it will halt collections of tariffs imposed under the International Emergency Economic Powers Act at 12.01am EST (12.01pm Thai time) on Tuesday, after the US ​Supreme Court ⁠declared the duties illegal.

WORLD

Chinese bus plunges into frozen lake in Russia's Siberia

Reuters, Published on 23/02/2026

» MOSCOW - ​Seven bodies ‌have been found in Lake Baikal in Russia's Siberia after a tour bus carrying eight Chinese tourists plunged into ​the ⁠water when the ice broke as it crossed the frozen lake on Friday, ‌the Russian emergency ministry said.

LEARNING

Pattaya’s Jomtien beach covered in rubbish

Gary Boyle, Published on 23/02/2026

» Large amounts of rubbish washed up on popular Jomtien beach, just south of Pattaya city, covering the sand and driving tourists away on Sunday.

BUSINESS

Minor Food mulls IPO in Hong Kong by end of 2026

Business, Molpasorn Shoowong, Published on 23/02/2026

» Minor Food, a subsidiary of SET-listed Minor International, is exploring an initial public offering (IPO) in Hong Kong by the end of the year, while its hotel arm, Minor Hotels, prepares to launch a US$1-billion real estate investment trust (REIT).

BUSINESS

Dead man walking

Business, Published on 23/02/2026

» Being labelled the "sick man of Asia" has forced Thailand to reassess the long‑standing problems causing its "chronic economic illness".