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Search Result for “excess industrial capacity”

Showing 1 - 10 of 126

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

Scoot bookings strong despite Gulf strife

Business, Narumon Kasemsuk, Published on 02/04/2026

» Scoot, the low-cost subsidiary of Singapore Airlines, continues to register strong air travel demand from regions unaffected by the Gulf war across seven destinations in Thailand and plans to expand into secondary regional cities, supported by the delivery of nine Embraer E190‑E2 aircraft.

BUSINESS

Thailand vows to host 1st Disneyland in region

Business, Narumon Kasemsuk, Published on 27/03/2026

» The government remains committed to bringing the first Disneyland theme park to Southeast Asia as part of the EEC Capital City project, with potential investors from the Middle East already indicating interest in becoming partners.

BUSINESS

Aviation executives make the case for cost relief measures

Business, Narumon Kasemsuk, Published on 25/03/2026

» Aviation has become the frontline sector grappling with soaring fuel prices, and executives want cost relief measures to ease costs for travellers to maintain tourism demand during the crucial holiday period.

BUSINESS

Tourism braces for impact of Mideast war

Business, Narumon Kasemsuk, Published on 10/03/2026

» Thai tourism should brace for an influx of foreigners seeking a safe haven amid growing geopolitical conflict, similar to the surge experienced during the Russia-Ukraine War a few years ago, when Russian arrivals rose to 1.74 million in 2024, significantly impacting property markets in tourism cities.

BUSINESS

Too soon to predict China tourism rebound

Business, Narumon Kasemsuk, Published on 28/02/2026

» Despite early signs of a rebound in Chinese arrivals during the first two months, the Tourism Authority of Thailand (TAT) is downplaying expectations for a strong recovery, preferring to wait until May to assess whether demand has stabilised.

BUSINESS

Thai AirAsia to revamp flights to Seoul from May

Business, Narumon Kasemsuk, Published on 24/02/2026

» Thai AirAsia will replace Thai AirAsia X in operating direct flights to Seoul from May 1, and aims to increase its domestic market share to 45% from 40% this year, despite intense competition from other low‑cost carriers that are aggressively expanding their fleets.

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

China targeting over 1.5m Thai visitors in 2026

Business, Narumon Kasemsuk, Published on 29/01/2026

» China aims to attract at least 1.5 million Thai visitors this year, up from more than 1 million in 2025, while the Tourism Authority of Thailand (TAT) expects to generate 35.4 billion baht from 1.25 million foreign tourists during the 10-day Chinese New Year holiday next month.

BUSINESS

China remains highest-spending arrivals market

Business, Narumon Kasemsuk, Published on 16/12/2025

» Despite the Chinese market contributing only 14% of tourism arrivals, their spending remained the highest and helped distribute income more widely, while the tourism sector is urged to adapt to challenges expected to persist into next year.