Showing 1 - 10 of 24
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%.
Hotel operators keen on reviving co-payment scheme
Business, Narumon Kasemsuk, Published on 20/09/2024
» Hotel operators have applauded the idea of reviving the co-payment scheme for hotel expenses as it could help encourage domestic purchasing, while related stakeholders raised concerns over 1,400 unresolved fraud cases from previous phases of the scheme.
Bangkok Air keen on Phangnga airport
Business, Narumon Kasemsuk, Published on 09/09/2023
» Bangkok Airways is eager to invest in the new airport planned for Phangnga if the government switches its plan from a public project to a public-private partnership scheme, as the project has high potential to become a new tourism hub in Thailand.
Tourism sector demands more help
Business, Narumon Kasemsuk, Published on 30/08/2023
» The sluggish economies in China and Japan as well as an unequal tourism recovery that favours large operators are seen as the the most critical challenges for the new government by tourism operators.
Airlines push Pita to help reduce expenses
Business, Narumon Kasemsuk, Published on 12/07/2023
» Airlines are urging the new government to relieve the huge burden from exaggerated operational costs, which is 15-20% higher than in other countries, attributed largely to taxes on fuel, revenue and importing aircraft, saying this issue should be fixed within the first 100 days.
Phuket banking on administrative reform
Business, Narumon Kasemsuk, Published on 16/05/2023
» Phuket tourism operators hope the right to vote for their own provincial governor will help solve prolonged local issues as the island still needs tailor-made policies to address specific problems, such as the taxi mafia.
AirAsia X opposes travel levy
Business, Narumon Kasemsuk, Published on 08/09/2022
» With a full recovery for aviation in sight, stumbling blocks such as the tourism fee the Thai government plans to collect should be set aside as an influx of travellers can create more economic impact than a small levy, according to Tony Fernandes, chief executive of Capital A and acting group chief executive of AirAsia X.
Global economy to hit Thai tourism
Business, Narumon Kasemsuk, Published on 19/07/2022
» The Tourism Authority of Thailand (TAT) forecasts revenue of 1.2-2.38 trillion baht next year, according to its new 2023 strategy, but this is likely to be challenged by global inflation and rising interest rates, with spending already taking a hit.
Thai AirAsia X to honour paid bookings
Business, Narumon Kasemsuk, Published on 23/06/2022
» Thai AirAsia X is committing to paying a refund in full to all 6,500 paid bookings during the two years of the pandemic, even as the airline is undergoing bankruptcy.
Call for more hotel tax breaks is snubbed by Arkhom
Business, Narumon Kasemsuk, Published on 22/06/2022
» Hotel operators' request for an extension of the land tax reduction was dismissed by the finance minister, prompting the Thai Hotels Association (THA) to seek a new solution to ease cash-strapped operators' financial burden.