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Search Result for “Indonesia GDP”

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BUSINESS

Report: Thai hotel rates increased 3% in 2025

Business, Narumon Kasemsuk, Published on 12/02/2026

» The average daily rate for hotels in Thailand surged by 3% last year to 4,984 baht and they recorded a longer average length of stay, with Booking.com, Agoda, and direct hotel bookings generating the most revenue, according to SiteMinder.

BUSINESS

World Cup set to provide major economic boost

Business, Narumon Kasemsuk, Published on 24/12/2025

» Among the world's largest events, the Fifa World Cup attracts a massive global audience, extending far beyond the 48 countries competing for the trophy.

BUSINESS

Trade exhibition outlook to hinge on economic progress

Business, Narumon Kasemsuk, Published on 22/08/2025

» Trade exhibitions in Thailand this year are expected to grow at the same slow pace as the country's GDP, while the large US tariff rate for transshipment of Chinese products has begun to impact manufacturers in that nation, who are refraining from hosting trade events in Southeast Asia.

BUSINESS

Tourism minister eager to add B500bn in revenue

Business, Narumon Kasemsuk, Published on 07/06/2024

» Tourism and Sports Minister Sermsak Pongpanich is planning to generate an additional 500 billion baht in tourism revenue this year to reach the record-high target of 3.5 trillion baht by surveying projects that lack a stimulus budget and requesting funds from the cabinet.

BUSINESS

Agency relies on festivals, large events

Business, Narumon Kasemsuk, Published on 29/05/2024

» The tourism sector remains robust despite GDP growth of only 1.5% in the first quarter, lower than regional peers, as the industry rebounded faster than other sectors, while the Tourism Authority of Thailand (TAT) plans to keep promoting festivals to maintain income for the whole year.

BUSINESS

Thailand falls by more than 10 places in tourism ranking

Narumon Kasemsuk, Published on 27/05/2024

» Tourism operators are disappointed with the government for failing to improve the country’s position in the travel and tourism development index, after Thailand dropped to 47th place, from 36th, in the latest World Economic Forum (WEF) index.

BUSINESS

Tour agents bullish on Taiwan

Business, Narumon Kasemsuk, Published on 31/01/2024

» The Taiwanese inbound market this year is expected to hit a new high of 1 million tourists, assuming the Thai government extends its visa-free scheme until year-end, as the market is among the fastest growing post-pandemic.

BUSINESS

AirAsia touts Bangkok hub to Srettha

Business, Narumon Kasemsuk, Published on 11/01/2024

» In talks with Prime Minister Srettha Thavisin, AirAsia insists it plans to make Bangkok an aviation hub similar to Dubai, while calling on the government to cut the excise tax as Thailand remains one of the few countries that still has this expense.

PROPERTY

Dusit has high hopes for residences

Business, Narumon Kasemsuk, Published on 14/12/2023

» Dusit expects to set a new price record for leasehold residences in Bangkok's central business district (CBD) with a 900-square-metre penthouse after selling 75% of its 406 total units.

BUSINESS

Travel trends still sluggish

Business, Narumon Kasemsuk, Published on 12/12/2023

» This year could prove a disappointment not only for inbound tourism, with a weaker recovery than expected, but also for outbound tourism as only 60-70% of the total of Thais that travelled overseas in 2019 are slated to do so in 2023.