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Search Result for “FINANCE”

Showing 1 - 10 of 22

BUSINESS

Hotel operators call for restructure of land tax

Business, Narumon Kasemsuk, Published on 17/02/2026

» Hotel operators believe requesting land and building tax discounts on a yearly basis will not help the business sector reduce its fixed‑cost burden in the long run, and urged the government to revise this tax structure to be based on revenue, similar to the previous property tax.

BUSINESS

Tourism chiefs want better candidates

Business, Narumon Kasemsuk, Published on 20/12/2025

» Tourism operators have expressed doubts about the abilities of some parties' prime ministerial candidates, urging them to appoint ministers with genuine capabilities to address severe obstacles in each sector, rather than using the position as a reward or trading on family legacies.

BUSINESS

Call for tourism relief blueprint

Business, Narumon Kasemsuk, Published on 28/11/2025

» The Tourism Council of Thailand (TCT) has proposed a 60-day relief framework to ease the impact on tourism businesses caused by severe flooding in the South, with damages estimated at more than 10 billion baht.

BUSINESS

Unpacking the tourism tax

Business, Narumon Kasemsuk, Published on 08/11/2025

» While the cabinet approved the National Tourism Policy Committee's proposal to collect a tourism tax from inbound travellers in February 2023, the programme has still not been implemented.

BUSINESS

Better use of state agency meeting budget could help hotels

Narumon Kasemsuk, Published on 07/10/2025

» Thai hotel operators have applauded the finance minister’s decision to accelerate use of the 10-billion-baht meeting and seminar budget for government agencies, although they would prefer the stimulus to begin in May next year to cushion the low-season impact.

BUSINESS

Tariff may affect Indian tourism

Business, Narumon Kasemsuk, Published on 04/08/2025

» After securing solid growth from the Indian tourism market in the last two years while Asian markets stagnated, 2025 is an uncertain year for arrivals from the subcontinent as US tariff rates are expected to have an impact.

BUSINESS

B1.7bn co-payment scheme encounters inauspicious start

Business, Narumon Kasemsuk, Published on 02/07/2025

» Hotel operators are enmeshed in the slow approval process for the first phase of the 1.7-billion-baht co-payment scheme, while some online travel agents (OTAs) have started to offer even lower prices than the government's subsidy scheme.

BUSINESS

B3.5bn tourism stimulus budget being revised

Narumon Kasemsuk, Published on 06/05/2025

» The Tourism Authority of Thailand (TAT) is adjusting its proposed stimulus budget of 3.5 billion baht, with plans to add subsidies for chartered flights from China and promotional campaigns for global online travel agents, in addition to the domestic co-payment scheme.

BUSINESS

Calls to spur tax-free shopping

Business, Narumon Kasemsuk, Published on 29/04/2025

» With China aggressively ramping up its tax policy by offering a high refund rate of 13% for tax-free shopping in a bid to lure tourist expenditure through more convenient spending, Thai tourism operators warned that the country could lose competitiveness if it reacts too slowly.

BUSINESS

Hotels want stimulus amid weak recovery

Business, Narumon Kasemsuk, Published on 02/07/2024

» Hotel operators are pushing for a tax deduction or subsidy for renovation investment, especially for green energy, while the Tourism Authority of Thailand (TAT) suggests hotels in second-tier cities install electric vehicle (EV) chargers to accommodate the growing trend of travel via EVs.