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Search Result for “economy”

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LEARNING

Hotels slash rates to lure Songkran market

Gary Boyle, Published on 25/03/2026

» Concerned by a drop in European arrivals and low confidence due to fuel shortages among local travellers, hotel operators have started to offer discounts of 20-40% to attract tourists during the upcoming Songkran holiday.

BUSINESS

SME loan demand deteriorates in Q1

Business, Wichit Chantanusornsiri, Published on 25/03/2026

» Confidence among small and medium-sized enterprises (SMEs) fell sharply in the first quarter, driven by mounting concerns over rising costs linked to the energy crisis and a slowdown in lending, according to the latest survey by the SME Development Bank of Thailand (SME D Bank).

BUSINESS

Crackdown targets use of Thai proxies

Business, Wichit Chantanusornsiri, Published on 25/03/2026

» The government is tightening controls on nominees by introducing new measures to prevent foreigners from using Thais as proxies to operate businesses, effective April 1.

BUSINESS

AXA highlights local insurance protection gap

Business, Nareerat Wiriyapong, Published on 25/03/2026

» Thailand needs to address the protection gap in the insurance industry to drive growth in the sector, which is critical for the country's economic development and the well-being of its people, says France-based insurer AXA.

BUSINESS

Aviation executives make the case for cost relief measures

Business, Narumon Kasemsuk, Published on 25/03/2026

» Aviation has become the frontline sector grappling with soaring fuel prices, and executives want cost relief measures to ease costs for travellers to maintain tourism demand during the crucial holiday period.

BUSINESS

UOBAM bullish on Thai equities

Business, Nuntawun Polkuamdee, Published on 25/03/2026

» UOB Asset Management (Thailand) has expressed optimism about Thai equities despite short-term pressures from geopolitical tensions and higher energy costs, saying that economic recovery, returning foreign investment and improved political stability should support market growth.

THAILAND

Empowering the future of work: Global AI innovator 'viaim' debuts in Thailand

Published on 24/03/2026

» viaim, a leading artificial intelligence (AI) technology brand specialising in integrated hardware and software solutions for the modern workplace, has officially announced its entry into the Thai market to support the nation’s growing digital economy and remote-work culture.

BUSINESS

The BTS ARMY is coming to a city near you, armed with B174bn in spending power

Published on 24/03/2026

» SEOUL - For Maria Herrera, ⁠a utility employee from Vancouver, ⁠the trade-off to watch a ​performance by Kpop supergroup BTS on Saturday in Seoul was simple: Weeks of extra shifts at her job and roughly C$5,000 (118,500 baht) for a week in Seoul.

THAILAND

HKTDC sees strong potential for Thailand—Hong Kong cooperation in greentech and green finance

Published on 24/03/2026

» The Hong Kong Trade Development Council (HKTDC) stated that there is great potential for Thailand and Hong Kong to expand cooperation in green technology and green finance, aligning with their shared direction toward sustainable economic development. The GreenBiz HK event, held in Bangkok on March 17 to 20, 2026, fostered investment opportunities and green innovation across the region.

THAILAND

IRPC confirms full-scale production and balanced fuel allocation

Published on 24/03/2026

» IRPC Public Company Limited (IRPC) has announced that its production and fuel-allocation operations continue without interruption. The company is maintaining full-scale production and distribution while effectively managing its capacity and available feedstock.