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Search Result for “financial crisis”

Showing 1 - 10 of 101

BUSINESS

Call for stimulus in border provinces

Business, Narumon Kasemsuk, Published on 19/02/2026

» Executives from seven provinces along the Thailand-Cambodia border met with the House of Representatives' Committee on Tourism to address declining tourism confidence, as their markets remain weak despite relative peace along the dividing line.

BUSINESS

Hat Yai needs 1-2 months to rebuild

Business, Narumon Kasemsuk, Published on 17/12/2025

» Tourism in Hat Yai requires at least 1-2 months for full restoration, while the main source market of Malaysia could decrease as much as 55% in December, resulting in a full-year decline of 11%, according to the Tourism Authority of Thailand (TAT).

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

Dusit Thani family feud escalates

Business, Narumon Kasemsuk, Published on 27/08/2025

» The rift between the heirs of the founder of SET-listed Dusit Thani is now a dispute between two of the largest hospitality companies in Thailand.

BUSINESS

Tourism seen taking a hit if border conflict persists

Business, Narumon Kasemsuk, Published on 25/07/2025

» Tourism operators in the Northeast are worried that the Thailand-Cambodia border clashes might heavily impact the industry if it cannot be resolved within 3-7 days, as both local and foreign tourists would avoid travelling to nearby provinces.

BUSINESS

Tourism revival goes into reverse

Business, Narumon Kasemsuk, Published on 21/07/2025

» Over the past three years, Thai tourism has been struggling to regain the peak it once reached prior to the pandemic, while neighbouring countries Malaysia and Vietnam have already surpassed their performance in 2019, recording 37 million and 17 million tourist arrivals, respectively.

BUSINESS

Dusit chief has investors expecting a 2025 rebound

Business, Narumon Kasemsuk, Published on 14/06/2025

» SET-listed Dusit International has convinced its investors of a more positive outlook for this year, expecting to generate 16 billion baht in revenue from Dusit Residence transfers and reduced interest burdens.

BUSINESS

Tour firm seeks to restore China market

Business, Narumon Kasemsuk, Published on 11/06/2025

» With Chinese arrivals plummeting by 32.7% in the first five months, a major Chinese travel agency has proposed strategies to weather the crisis of confidence in Thailand and China's economic slowdown, while emphasising that casinos may not be the right solution to restore this market.

BUSINESS

Travel agents say China market on the mend

Narumon Kasemsuk, Published on 29/05/2025

» A number of Chinese travel agents believe the worst is behind Thailand, with arrivals from China gradually increasing and set to reach the minimum target of 5 million this year.