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Search Result for “debt reduction”

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BUSINESS

Middle East markets hit hardest by Iran conflict

Business, Narumon Kasemsuk, Published on 04/04/2026

» Middle Eastern markets, particularly Israeli arrivals, have been hit the hardest by the Gulf war, with more than 120,000 airline seats lost, while the US is expected to be the only long-haul market still solid in the coming months, according to the Thai Hotels Association (THA).

BUSINESS

Tour operators insist on VAT relief

Business, Narumon Kasemsuk, Published on 20/02/2026

» Outbound tour operators will continue to push for the removal of value-added tax (VAT) from overseas tour packages sold to local travellers, arguing the charge is redundant given other taxes paid at destinations.

BUSINESS

Nok Air to expand after red flag lifted

Business, Narumon Kasemsuk, Published on 02/12/2025

» Nok Air expects to fix the red flag issued by the Civil Aviation Authority of Thailand (CAAT) within this year, expanding international flights and adding frequencies to domestic routes, with a goal to exit the rehabilitation plan by 2028.

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

Phuket arrivals prove to be resilient

Business, Narumon Kasemsuk, Published on 12/11/2025

» A mix of Asian and European markets has helped Phuket outpace the rest of the country in terms of tourism recovery, with arrivals during the first 10 months up year-on-year, while hotels have maintained room rates and occupancy during the current high season.

BUSINESS

Thais likely to travel domestically during long weekend

Narumon Kasemsuk, Published on 07/08/2025

» The four-day Mother's Day holiday this weekend is expected to generate 13 billion baht from 3.16 million domestic trips, with most tourists preferring to travel within their own provinces and avoid cross-regional journeys to save on costs, according to the Tourism Authority of Thailand (TAT).

BUSINESS

Chiang Mai takes on air quality challenge

Business, Narumon Kasemsuk, Published on 30/01/2025

» As tourism operators in Chiang Mai brace for the smog season over the coming months, they hope the pollution will be less severe this year than in previous years.

BUSINESS

Agency predicts Loy Krathong can generate B6.9bn

Business, Narumon Kasemsuk, Published on 09/11/2024

» Loy Krathong festivals across five regions are expected to generate 6.9 billion baht in tourism revenue from 1.9 million domestic trips, with the North attracting the most tourists, according to the Tourism Authority of Thailand (TAT).

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

Call to renew levy on tourists

Business, Narumon Kasemsuk, Published on 02/05/2024

» Tourism operators are urging the new tourism minister to resume the plan to collect a 300-baht fee from tourists because it is not considered an obstacle to arrivals.