Showing 51 - 60 of 259
BLA targets B10bn in 1st-year premiums
Business, Molpasorn Shoowong, Published on 06/02/2024
» SET-listed Bangkok Life Assurance (BLA) is aiming to achieve first-year premiums of 10 billion baht by the end of 2026 by focusing on agent channels amid fierce competition in the industry.
Labour shortage putting pressure on hotel costs
Business, Molpasorn Shoowong, Published on 05/02/2024
» Labour shortages in the tourism sector have caused hotel expenses to increase at a higher rate than revenue growth, according to hospitality market analyst STR.
Experts assess fallout from Move Forward Party ruling
News, Molpasorn Shoowong, Published on 01/02/2024
» The Constitutional Court ruling should not affect government stability or the tourism industry, according to Tourism Council of Thailand (TCT) president Chamnan Srisawat.
CPN unveils Central in Nakhon Sawan
Business, Molpasorn Shoowong, Published on 01/02/2024
» Retail and property developer Central Pattana Plc (CPN) has launched Central Nakhon Sawan as a new northern hub with a mixed-use development model worth 5.8 billion baht, targeting daily foot traffic of more than 25,000, strengthened by domestic consumption.
TAT calls for extended tourist visas
Molpasorn Shoowong, Published on 30/01/2024
» The Tourism Authority of Thailand (TAT) is asking the government to extend the visa-free stay duration for long-haul tourists, including those from the United States and Europe, to 90 days, aiming to lift long-haul revenue to 40% of the country’s total in 2024.
China market dents tourism income
Business, Molpasorn Shoowong, Published on 27/01/2024
» Slower growth of Thai tourism receipts in 2023 compared with Asian peers is attributed to the sluggish Chinese market, which flocked to other countries, as well as Thai hotels' inability to adjust their prices.
Organiser upbeat on growing expenditure
Business, Molpasorn Shoowong, Published on 24/01/2024
» Growing expenditure at food and packaging trade shows signifies a recovering economy and positive momentum for business tourism this year, with Thailand remaining a popular destination for the Mice (meetings, incentives, conventions and exhibitions) segment, according to trade show organiser Informa Markets Thailand.
CFR upbeat on Chinese New Year spending
Business, Molpasorn Shoowong, Published on 23/01/2024
» Overall expenditure during Chinese New Year is expected to grow by at least 5-10% from the level recorded last year, driven by government incentives and promotional campaigns in the private sector, as Thais could spend up to 31% more than during the regular period, according to Central Food Retail (CFR), operator of Tops grocery stores.
Faith travel remains evergreen
Business, Molpasorn Shoowong, Published on 22/01/2024
» In the aftermath of the pandemic, faith tourism has emerged as a trend as more people seek peace of mind and motivation.
Go Wholesale expansion to continue
Business, Molpasorn Shoowong, Published on 20/01/2024
» Central Food Wholesale remains optimistic about the economy and domestic spending power, driven by a thriving tourism industry, as it plans to add seven Go Wholesale outlets in Bangkok and upcountry.