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Search Result for “tourism sector”

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GENERAL

Saha Group expects challenging year

Kuakul Mornkum, Published on 05/06/2025

» The Thai economy faces challenges this year potentially even more significant than during the pandemic, says Boonsithi Chokwatana, chairman of Saha Group, the country's leading consumer goods conglomerate.

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GENERAL

Panel projects H2 growth below 1%

Business, Somruedi Banchongduang, Published on 05/06/2025

» The local private sector anticipates Thai GDP growth will be less than 1% in the second half of the year, primarily due to the impact of tariffs.

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THAILAND

Thailand touts 0.8% growth boost from casino complex

News, Wichit Chantanusornsiri, Published on 05/06/2025

» The government says an entertainment complex featuring a casino will still be an economic growth engine with the Finance Ministry projecting it will drive a 0.8% increase in GDP.

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GENERAL

S&P credit rating cheers Thai government

Anucha Charoenpo, Published on 04/06/2025

» The government on Tuesday welcomed the latest assessment by global credit rating agency S&P Global Ratings, stating that the rating reflected confidence in the country's economic management.

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GENERAL

Thai running events face glut

Business, Molpasorn Shoowong, Published on 04/06/2025

» The recent backlash over a fake marathon event indicates Thailand has a glut of running events, and only large and experienced event organisers can survive as runners become more selective to control costs, says the Thai Mass Participation Sports Trade Association (TMPSA).

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THAILAND

India and Thailand eye closer trade ties

News, Published on 04/06/2025

» As India and Thailand mark 78 years of diplomatic relations this year, both nations are seeking to expand cooperation in trade, investment, and tourism, aiming to tap into their longstanding historical and cultural ties.

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GENERAL

Coalition parties tense as economy falters

Business, Wichit Chantanusornsiri, Published on 03/06/2025

» Thai politics has not reached a dead end, but mounting pressure from a sluggish economy is likely to affect the future of the two main coalition parties -- Pheu Thai and Bhumjaithai -- according to a scholar on political economy.

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GENERAL

Call for major upgrades to Thai tourism sector

Business, Molpasorn Shoowong, Published on 03/06/2025

» The Tourism Council of Thailand (TCT) will this week submit a letter to Prime Minister Paetongtarn Shinawatra, requesting improvements to the tourism industry in order to compete at the global level.

GENERAL

How no-code platforms can empower Thai SMEs

Business, Published on 03/06/2025

» Thailand's small and medium enterprises (SMEs) are the lifeblood of its economy, accounting for 99% of all businesses and employing more than 80% of the private-sector workforce. As the country transitions to a more digital economy, the tools they choose to adapt will determine their long-term survival.

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GENERAL

Listed firms see profits rise but sales decline

Business, Nuntawun Polkuamdee, Published on 03/06/2025

» Thai listed companies reported a mixed earnings picture for the first quarter of 2025, with overall net profits rising on the back of a strong performance in consumption and services-related sectors, while overall sales and operating profits declined due to pressure from falling oil prices and sluggish energy demand.