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Search Result for “tourism recovery”

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LIFE

Soft power struggles

Life, Apinan Poshyananda, Published on 05/06/2024

» Prime Minister Srettha Thavisin's 10 months in office have proven to be full of optimism, entertainment and drama. His non-stop whirlwind trips to lure investors including Microsoft, Tesla, Formula One, Tomorrowland and Art Basel to Thailand earned him the image of the salesman on a Time magazine cover. With the government's 10-month report card out and future plans in discussion, there has been both applause and confusion.

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OPINION

Thailand's weed legalisation dilemma

Oped, Published on 05/06/2024

» When cannabis or ganja was legalised (the plant was removed from the illicit drugs list) in 2022 by the Prayut Chan-o-cha government, this led to mass confusion whereby the public misunderstood and perceived it as "liberalisation". This resulted in widespread and unregulated cannabis consumption.

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GENERAL

Cathay Pacific will launch new routes only after return to full capacity

South China Morning Post, Published on 04/06/2024

» HONG KONG: Hong Kong flag carrier Cathay Pacific Airways will not expand into new routes until after it restores full capacity by the first quarter of next year, its chairman has said, adding that speeding up its timeline "is not the right thing to do".

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GENERAL

China’s tourists to spend nearly B35tn on holidays at home

Published on 03/06/2024

» Chinese tourists embarking on adventures closer to home are forecast to pump a record 6.79 trillion yuan (35 trillion baht) into the mainland economy this year — topping pre-pandemic levels for the first time.

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GENERAL

Economy in need of revival

Business, Published on 03/06/2024

» Following a disappointing GDP expansion reading of only 1.5% in the first quarter, trailing other economies in the region, the Thai government plans to pick up the pace to stimulate economic growth.

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INVESTMENT

Light at the end of the tunnel for global economy

Business, Published on 01/06/2024

» Entering the middle of the second quarter, the world economy has begun to signal a more coordinated recovery. Preliminary composite Purchasing Managers' Index (PMI) readings for May recovered in the US, the euro zone, Japan and other large economies, indicating global economic growth is expanding more broadly.

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GENERAL

China's pent-up outbound tourism demand hit by visa, flight issues

Published on 31/05/2024

» HONG KONG: Visa delays and insufficient flight capacity have held back a full recovery in China's outbound travel after the Covid-19 pandemic, according to the CEO of Trip.com Group, the country's largest online travel agency.

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GENERAL

Manufacturing stagnant amid growing climate risks

Business, Lamonphet Apisitniran, Published on 31/05/2024

» Thailand's Manufacturing Production Index (MPI) is expected to remain flat or gain 1% year-on-year in 2024, with climate change among the risks threatening to affect the sector, says the Office of Industrial Economics (OIE).

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GENERAL

Ministry prioritises upgrade of tourism

Business, Molpasorn Shoowong, Published on 31/05/2024

» Thailand still has weaknesses in infrastructure and services, as destinations have not developed to keep pace with demand, though the government has pledged to improve the nation's ranking in the tourism development index during its four-year term.

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GENERAL

Government Savings Bank in joint venture to tackle household debt

Reuters, Published on 29/05/2024

» The Government Savings Bank (GSB) has formed a joint venture with Bangkok Commercial Asset Management to tackle household debt, the state-owned lender said on Wednesday.