Showing 1 - 10 of 12
Chiang Mai tourism in flux
Business, Narumon Kasemsuk, Published on 09/02/2026
» Chiang Mai, once dominated by Chinese visitors, has gradually changed as the foreign market diversifies, with more arrivals from South Korea and Japan, as well as a notable resurgence of long‑haul tourists.
Parties vow to ban sales of cannabis
Business, Narumon Kasemsuk, Published on 15/01/2026
» Three political parties -- the People's Party, Democrat and Pheu Thai -- have pledged to put cannabis back on the narcotics list and allow its use only for approved medical purposes, while operators urged the future administration to eliminate foreign businesses using nominees and unfair competition from illegal businesses.
The lowdown on long-stay visas
Business, Narumon Kasemsuk, Published on 01/03/2025
» Online debate over granting 60-day visa exemptions for tourists has intensified, fuelled by a string of incidents involving condos in Bangkok being illegally rented out on a daily basis, specifically targeting tourists.
AWC to sink B22bn into sector this year
Business, Narumon Kasemsuk, Published on 28/02/2025
» SET-listed Asset World Corp (AWC) is ramping up new investment to 22 billion baht in the hospitality sector this year to capture the rising tourism wave, starting with 8.7 billion baht to acquire the Le Concorde office and hotel on Ratchadaphisek Road.
Sluggish spending delays tourism recovery
Business, Narumon Kasemsuk, Published on 04/10/2023
» Despite 20 million foreign arrivals in the first nine months of the year, the tourism index has still plunged below the regular rate as operators witnessed sluggish spending due to global economic concerns and a high level of household debt, according to the Tourism Council of Thailand (TCT).
TCT unveils rescue plan for unlicensed small hotels
Business, Narumon Kasemsuk, Published on 13/08/2022
» The Tourism Council of Thailand (TCT) has come up with a solution to help cash-strapped unlicensed small hotels whose assets may be confiscated due to excessive banking debts.
Frasers allocates B10bn to increase industrial space
Business, Narumon Kasemsuk, Published on 25/03/2022
» Frasers Property Industrial (Thailand) or FPIT plans to spend 10 billion baht to increase industrial space from 3 million square metres to 4 million sq m by 2025, with 50% of new development aimed at the "new economy" segment.
Airlines nearing brink of collapse
Business, Narumon Kasemsuk, Published on 22/07/2021
» Over 20,000 employees from seven airlines are on the verge of losing their jobs if the ban imposed on domestic flights is prolonged to three months without help from the long-awaited 5-billion-baht soft loan from the government, according to the Airlines Association of Thailand (AAT).
Strict rules bar hotels from asset warehousing scheme
Business, Narumon Kasemsuk, Published on 17/07/2021
» More Thai hotels may opt to sell their properties if the stringent measures set for financial aid schemes, such as asset warehousing, prevent them from accessing soft loans.
Asset warehousing appeals to hoteliers
Business, Narumon Kasemsuk, Published on 29/03/2021
» Most hotel owners want to enrol in the asset warehousing programme to mitigate the financial impact from the pandemic, which is worse this year than 2020, according to the Thai Hotels Association (THA).