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Search Result for “tourism industry”

Showing 1 - 10 of 118

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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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THAILAND

Health ministry wants ban on recreational cannabis by year-end

Bloomberg News, Published on 21/02/2024

» The government wants to ban recreational use of cannabis by the end of this year, Public Health Minister Cholnan Srikaew said on Wednesday, threatening to put thousands of marijuana shops and farms that have sprung up around the country since a decriminalisation drive two years ago out of business.

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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

Central bank lifts key rate to 9-year high

Bloomberg News, Published on 02/08/2023

» The Bank of Thailand raised its key interest rate to a nine-year high on Wednesday, amid concerns about upside risks to prices.

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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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LIFE

The best restaurant in the world is..

Bloomberg News, Published on 21/06/2023

» The best restaurant in the world is Central, in Lima. The dynamic tasting menu restaurant from chef Virgilio Martinez features ingredients from Peru’s very diverse landscape, from potatoes sourced from of the heights of the Andes mountains to sea urchin from the ocean and notes the latitude of each dish.

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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.

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BUSINESS

Two casino giants exploring Thailand

Bloomberg News, Published on 02/06/2023

» Two of the world’s top casino operators are laying the groundwork to potentially establish gambling facilities in Thailand as the industry looks to hedge against a deteriorating outlook in Macau.