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BUSINESS

Tourism's 2-speed economy

Business, Narumon Kasemsuk, Published on 18/02/2026

» Tourism is a key industry for Thailand, but over the past decade it has faced a critical challenge: income disparity, with a sharp divide between a handful of major destinations and second-tier locations.

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

Hotels to challenge B400 minimum wage in court

Business, Narumon Kasemsuk, Published on 20/08/2025

» The Thai Hotels Association (THA) is preparing to file a lawsuit against the tripartite wage committee with the Administrative Court, seeking to restrict the 400-baht minimum wage hike because it hampers hotels in second-tier tourism areas.

BUSINESS

New minimum wage to lead to hotel layoffs

Business, Narumon Kasemsuk, Published on 24/06/2025

» Large-scale layoffs in the hotel sector could be seen during this low season if the government agrees to raise the minimum wage to 400 baht from next week as planned, while the Thai Hotels Association (THA) has submitted a petition to the prime minister, asking for the policy to be cancelled.

BUSINESS

Israel-Iran war starting to hit tourism to Thailand

Narumon Kasemsuk, Published on 17/06/2025

» The Israel-Iran war is expected to affect five of Thailand’s tourism markets, which might plunge by 50%, while visits from the Middle East to Phuket have already started to decline due to airspace closures.

BUSINESS

Koreans on course to be No.1 visitors to Chiang Mai in 2025

Business, Narumon Kasemsuk, Published on 28/01/2025

» The South Korean market might knock the Chinese off the top spot for arrivals in Chiang Mai this year, thanks to an uptick in direct flights and cool winter weather, according to the Tourism Authority of Thailand (TAT).

BUSINESS

Thai meeting and convention outlook improves

Business, Narumon Kasemsuk, Published on 24/12/2024

» A stronger recovery in flight seats and numerous large-scale international events each expected to draw between 10,000 and 100,000 attendees are expected to help drive revenue of the Mice (meetings, incentives, conferences and exhibitions) segment to 200 billion baht, according to the Thailand Convention and Exhibition Bureau (TCEB).

PROPERTY

Associations see minimal impact from rate cut

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

» Three property associations forecast a slim impact from the recent policy rate cut, as interest rates for mortgages were reduced by only 0.125%.

BUSINESS

Tourism tax to start with air travel

Business, Narumon Kasemsuk, Published on 24/10/2024

» Collection of the 300-baht travel tax may start with air passengers in the first phase, with the system needing at least six months before starting, according to the Tourism and Sports Ministry.

BUSINESS

Unpacking the foreign pilot row

Business, Narumon Kasemsuk, Published on 26/09/2024

» The Thai aviation industry has recently been overwhelmed by discussions concerning a proposed changing of the rules to allow foreign pilots to fly domestic routes, which is surprising given that this type of work at present is protected for Thai nationals.