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Search Result for “Tourism revenue”

Showing 1 - 10 of 69

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GENERAL

Suvarnabhumi, Don Mueang set for $4.8bn expansion

Bloomberg News, Published on 30/04/2024

» The operator of Thailand's two main airports plans to spend about US$4.8 billion to more than double capacity by the end of the decade to cope with a surge in post-coronavirus-pandemic tourism.

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PROPERTY

Tycoon's property unit sees earnings jump on tourism boom

Bloomberg News, Published on 26/03/2024

» A Thai developer of hotels and shopping malls controlled by Thailand's richest man expects the recent surge in international tourists to boost its first quarter earnings this year.

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GENERAL

Economic growth slows, boosts stimulus case

Bloomberg News, Published on 21/11/2023

» Thailand’s economic growth unexpectedly slowed in the third quarter as manufacturing slumped on weak exports, supporting the case for the government to proceed with its planned US$14 billion cash handout program.

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THAILAND

Govt mulls 90-day visas for European visitors

Bloomberg News, Published on 19/11/2023

» Thailand may waive visa requirements for travellers from more European countries and is lining up hundreds of cultural and sporting events as it works to induce holidaymakers to stay longer and spend more, the government has said.

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GENERAL

Billionaires muscle in on convenience store king’s domain

Bloomberg News, Published on 05/10/2023

» Some of Thailand’s wealthiest tycoons are looking to muscle in on the convenience-store sector, betting that a shift in consumer preferences for buying less but shopping more often will fuel demand for years to come.

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LIFE

Bangkok's fine dining lures tourists

Bloomberg News, Published on 29/09/2023

» When chef Thitid "Ton" Tassanakajohn first opened his Thai fine dining establishment Le Du in Bangkok in 2013, his four-course set menu was 990 baht (US$28 today). It was a steal compared to fine dining establishments worldwide, but a fortune in a city where Thai cuisine had for decades been characterised as street food.

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GENERAL

Thailand mulls easing visa rules to lure Chinese, Indian tourists

Bloomberg News, Published on 30/08/2023

» Thailand is likely to ease visa rules for Chinese and Indian travellers and allow longer stays for visitors from all nations as new Prime Minister Srettha Thavisin looks for ways to boost tourism revenue to nearly US$100 billion next year.

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GENERAL

Thailand pushes yuan, ringgit use to curb baht volatility

Bloomberg News, Published on 08/08/2023

» Thailand plans to promote the use of yuan and other Asian currencies in trade and investments to curb wild swings in the baht against the United States dollar, according to a central bank official.

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OPINION

What happened to all those Chinese tourists?

Bloomberg News, Published on 29/07/2023

» Before Covid-19, Malaysia’s luxury mall beneath Kuala Lumpur’s iconic Petronas Towers echoed with the sound of Chinese tourists and their dialects. But recently, during a busy dinner hour, they were missing. Din, the mall’s outlet of famous Taiwanese chain Din Tai Fung, a favourite of Chinese tourists, was half-full with local Malaysians and Middle Eastern customers. When I asked a cashier whether they had served many Chinese lately, she shook her head with a tight smile.

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BUSINESS

Asia’s gamblers cheer wave of legalisation

Bloomberg News, Published on 14/06/2023

» MACAU: In a sea change for the traditionally conservative region, some of the biggest tourism spots in Asia and the Middle East are moving toward building or allowing their first casinos, raising competitive pressure on existing hubs like Macau.