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Search Result for “tourism industry”

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GENERAL

Minister seeks to escalate collaboration with China

Business, Wichit Chantanusornsiri, Published on 11/09/2024

» Thailand needs to ramp up collaboration with China to become a gateway for Chinese exports via the proposed land bridge project, says Finance Minister Pichai Chunhavajira.

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GENERAL

Analyst wary of Chinese threat perception

Wichit Chantanusornsiri, Published on 26/08/2024

» The new government is being urged to urgently address the perception that Chinese products and investments pose a threat to Thais before the issue escalates and negatively affects Thailand's exports and tourism.

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PROPERTY

Hunting for a place at the financial table

Wichit Chantanusornsiri, Published on 16/08/2024

» Amid the wreckage of the 1997 Asian financial crisis, also known as the "Tom Yum Kung" crisis, the Thai financial sector worked to develop a strong and resilient infrastructure.

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GENERAL

Number of TCG clients doubles post-Covid

Business, Wichit Chantanusornsiri, Published on 30/07/2024

» Following the pandemic, the number of credit guarantee clients has increased to 800,000, primarily due to efforts to help small and medium-sized enterprises (SMEs) access more credit within the system, according to the head of the Thai Credit Guarantee Corporation (TCG).

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INVESTMENT

Seeking new engines of growth

Wichit Chantanusornsiri, Published on 22/07/2024

» About 40 years ago, natural gas was discovered in the Gulf of Thailand, creating excitement across the country. This period marked the dawn of Thailand's golden era. Following this discovery, the Eastern Seaboard Development Project was initiated to develop the eastern coastal region. Foreign investment poured in, enabling the economy to expand at a double-digit rate while raising hopes that Thailand would become Asia's fifth tiger.

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GENERAL

Inbound duty-free shops to be closed

Wichit Chantanusornsiri, Published on 02/07/2024

» The cabinet says duty-free shops in arrivals areas of international airports will be closed to encourage more spending by visitors in domestic stores, with projections for up to 3.5 billion baht a year of new local retail spending.

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GENERAL

Ministry unlikely to extend jet fuel tax cut

Business, Wichit Chantanusornsiri, Published on 02/07/2024

» The Finance Ministry is unlikely to extend the duration of the jet fuel excise tax reduction after providing a tax break during the pandemic, according to Deputy Finance Minister Julapun Amornvivat.

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GENERAL

Agencies deem Eastern Corridor crucial for Thai industry

Business, Wichit Chantanusornsiri, Published on 01/07/2024

» Credit rating agencies are emphasising the importance of the government's flagship Eastern Economic Corridor (EEC) project, which is crucial for advancing Thailand's industrial sector and enhancing competitiveness, according to the Public Debt Management Office (PDMO).

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GENERAL

Tapping a vast market

Business, Wichit Chantanusornsiri, Published on 12/02/2024

» The restoration of diplomatic relations between Thailand and Saudi Arabia in 2022 following a 30-year break has created new opportunities for Thailand to tap into demand for its halal products in Middle Eastern markets.

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GENERAL

Official predicts Thai Airways can relist on the SET in 2025

Business, Wichit Chantanusornsiri, Published on 05/02/2024

» The State Enterprise Policy Office (Sepo) expects Thai Airways International Plc (THAI) to relist on the Stock Exchange of Thailand next year, says Tibordee Wattanakul, director-general of Sepo.