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Search Result for “downside risks”

Showing 1 - 10 of 25

BUSINESS

Tourism trade voices unease over pushing casino bill

Business, Narumon Kasemsuk, Published on 19/06/2025

» With House dissolution looming, tourism operators have warned the government not to rush into the controversial casino legalisation attached to the Entertainment Complex Bill, as it carries a high risk of provoking street protests and jeopardising the fragile tourism industry.

PROPERTY

New hotel law raises safety concerns

Business, Narumon Kasemsuk, Published on 02/06/2025

» The Thai Hotels Association (THA) has raised the alarm for property owners over a new draft law for hotels, warning it could infringe on the rights of residents and compromise tourist safety, which is already a blemish for Thailand.

BUSINESS

Tourism firms shun gambling risk

Business, Narumon Kasemsuk, Published on 26/03/2025

» Tourism operators are warning the Chinese market could significantly decline if Thailand legalises casinos and online gambling, after the issue was raised during the censure debate against Prime Minister Paetongtarn Shinawatra on Monday.

BUSINESS

Foreign pilots concern association

Business, Narumon Kasemsuk, Published on 04/09/2024

» The Thai Pilots Association is raising the alarm over liberalising pilot jobs for foreigners flying domestic routes through wet lease arrangements, claiming it risks another red flag from the International Civil Aviation Organization (ICAO).

BUSINESS

Thai pilots cry foul over foreigners flying domestic routes

Narumon Kasemsuk, Published on 03/09/2024

» The Thai Pilots Association is raising the alarm over liberalising pilot jobs for foreigners flying domestic routes through wet lease arrangements, claiming it risks another red flag from the International Civil Aviation Organization (ICAO).

BUSINESS

TAT to assist tourists stranded by FTI

Business, Narumon Kasemsuk, Published on 14/06/2024

» The Tourism Authority of Thailand (TAT) has pledged to help stranded tourists affected by the bankruptcy of major German tour operator FTI Group, while continuing to work with government officials to ensure hotels receive payments from the company.

BUSINESS

Thai hotels hit by collapse of German firm

Narumon Kasemsuk, Published on 12/06/2024

» The collapse of the third-largest tour operator in Europe has started to affect thousands of tourists and hundreds of hotels in Thailand, leading to losses of 111 million baht.

BUSINESS

Thai AirAsia X considers operating Almaty flights next year

Business, Narumon Kasemsuk, Published on 20/12/2023

» Thai AirAsia X is considering a new route next year between Bangkok and Almaty, the largest city in Kazakhstan, capitalising on the robust growth in arrivals from that country this year, which has already exceeded the target thanks to Thailand's visa-free policy.

BUSINESS

Really Cool Airlines aiming to diversify risk

Business, Narumon Kasemsuk, Published on 07/11/2023

» Really Cool Airlines wants to diversify risks by securing non-air ticket revenue of at least 40% of total revenue, while it searches for long-term fundraising via an initial public offering (IPO) in an overseas stock market.

BUSINESS

Thai tourists turn against South Korea

Business, Narumon Kasemsuk, Published on 01/11/2023

» The top trending hashtag of "ban Korea travel" on the X platform had more than a million posts over the past weekend and should not be ignored by tourism organisations as both tourists and tour operators have incurred losses during the past couple of years.