Showing 1 - 10 of 2,252
Tourism stimulus 'likely a damp squib', says stock brokerage
Business, Nuntawun Polkuamdee, Published on 23/05/2025
» The recently approved tourism stimulus is unlikely to have a significant impact on the stagnant sector during the low season given the limited budget allocation, although aviation and hospitality stocks may benefit in the short term, says Daol Securities.
Army of Chinese travel agents en route to Thailand
Molpasorn Shoowong, Published on 22/05/2025
» Thailand’s tourism industry is preparing to welcome 500 Chinese travel agents and media members at the end of this month, hoping to revive a market that has plunged 32% compared with a year ago.
NESDC slashes growth forecast to 1.8%
Published on 19/05/2025
» The state planning unit has slashed its economic growth forecast for this year to 1.8%, down from its earlier projection of 2.8% due to the impact of the global trade war.
Thailand slashes growth forecast on impact of trade war
Published on 19/05/2025
» Thailand significantly lowered its forecast for economic growth this year as the global trade war undercuts private investment and exports, adding to already-weak consumption at home.
Thai economy saw Q1 boost ahead of higher US tariffs
Bloomberg News, Published on 19/05/2025
» Thailand’s economy grew at a faster-than-expected pace last quarter as businesses front-loaded orders in a bid to avoid the Trump administration’s threatened 36% tariff. Gross domestic product in the January-March period rose 3.1% from a year earlier, the National Economic and Social Development Council said on Monday.
Weak economy, stricter immigration dent Japan market
Published on 16/05/2025
» Japan’s stricter immigration processing should not affect outbound tourism as much as sluggish economic growth, according to the Thai Travel Agents Association (TTAA).
Minister seeks support for export firms
Business, Wichit Chantanusornsiri, Published on 16/05/2025
» State-owned financial institutions are being urged to step up introducing measures to support Thailand's export businesses and the supply chain.
Thai hotels face double whammy from US tariffs
Business, Nareerat Wiriyapong, Published on 15/05/2025
» Thai hotels are likely to face secondary effects from the US reciprocal tariffs as slowing tourist arrivals may cause hoteliers to cut prices or introduce more aggressive campaigns at home, while their overseas operations cannot escape the impact of the global economic slowdown.
Tariffs put fate of handout scheme in question
Post Reporters, Published on 14/05/2025
» The fate of the third phase of the government’s flagship digital wallet scheme is hanging in the balance in light of the impact of US tariffs on the Thai economy.
Tourism groups prepare proposals to offset crisis
Molpasorn Shoowong, Published on 14/05/2025
» The Federation of Thai Tourism Associations (Fetta) plans to submit a proposal to the prime minister in person this month, requesting a concrete plan to restore confidence and avoid a crisis.