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Search Result for “global economic”

Showing 1 - 10 of 28

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GENERAL

Thailand falls by more than 10 places in tourism ranking

Narumon Kasemsuk, Published on 27/05/2024

» Tourism operators are disappointed with the government for failing to improve the country’s position in the travel and tourism development index, after Thailand dropped to 47th place, from 36th, in the latest World Economic Forum (WEF) index.

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GENERAL

Tour agents bullish on Taiwan

Business, Narumon Kasemsuk, Published on 31/01/2024

» The Taiwanese inbound market this year is expected to hit a new high of 1 million tourists, assuming the Thai government extends its visa-free scheme until year-end, as the market is among the fastest growing post-pandemic.

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GENERAL

Sluggish spending delays tourism recovery

Business, Narumon Kasemsuk, Published on 04/10/2023

» Despite 20 million foreign arrivals in the first nine months of the year, the tourism index has still plunged below the regular rate as operators witnessed sluggish spending due to global economic concerns and a high level of household debt, according to the Tourism Council of Thailand (TCT).

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BUSINESS

Phuket eager to host Specialised Expo 2028

Business, Narumon Kasemsuk, Published on 21/06/2023

» The 172nd general assembly of the Paris-based intergovernmental organisation Bureau International des Expositions (BIE) has scheduled an election for Wednesday that people in Phuket have been planning for since 2020.

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BUSINESS

Bottoms up to clarity on alcohol laws

Business, Narumon Kasemsuk, Published on 31/05/2023

» Last year on Nov 2, the Progressive Liquor Bill proposed by the opposition Move Forward Party (MFP) almost won approval with 194 votes in favour of from the House of Representatives, narrowly losing by two votes to 196 against the bill.

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BUSINESS

Sector braces for 80m visitors by 2027

Business, Narumon Kasemsuk, Published on 10/03/2023

» Intense congestion at popular tourist destinations needs to ease in order to accommodate a new target of 80 million foreign arrivals by 2027, says Tourism and Sports Minister Phiphat Ratchakitprakarn.

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BUSINESS

Shrimp seller pivots to luxury living in Pattaya

Business, Narumon Kasemsuk, Published on 21/01/2023

» Established in 1982, Seafresh Industry Plc is one of the largest manufacturers and distributors of frozen raw shrimp in Thailand, earning annual revenue of around 7 billion baht.

BUSINESS

Downturn hits exhibitions as firms cut costs

Business, Narumon Kasemsuk, Published on 21/10/2022

» The global economic slowdown has affected the exhibition business in Thailand as international exhibitors and visitors cut costs and downsize their spaces.

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BUSINESS

Covid policy delays return of Chinese

Business, Narumon Kasemsuk, Published on 19/10/2022

» Even with relaxed rules for foreign-invested travel agencies in some provinces and municipalities in China to conduct outbound tourism, the continuation of the zero-Covid policy means tour operators in Thailand might have to wait until the end of next year for the return of this market.

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BUSINESS

Family has big plans for Chevala venture

Business, Narumon Kasemsuk, Published on 02/08/2022

» With the global wellness industry projected to reach US$7 trillion in 2025, Chevala Wellness, a new business under the Liptapanlop family, aims to capitalise on the trend by rolling out five branches domestically in two years before expanding to other countries.