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Search Result for “illegal assets”

Showing 1 - 10 of 41

BUSINESS

Chiang Mai tourism in flux

Business, Narumon Kasemsuk, Published on 09/02/2026

» Chiang Mai, once dominated by Chinese visitors, has gradually changed as the foreign market diversifies, with more arrivals from South Korea and Japan, as well as a notable resurgence of long‑haul tourists.

BUSINESS

Parties vow to ban sales of cannabis

Business, Narumon Kasemsuk, Published on 15/01/2026

» Three political parties -- the People's Party, Democrat and Pheu Thai -- have pledged to put cannabis back on the narcotics list and allow its use only for approved medical purposes, while operators urged the future administration to eliminate foreign businesses using nominees and unfair competition from illegal businesses.

BUSINESS

Trat tourism set for revival as UK ends travel ban

Business, Narumon Kasemsuk, Published on 08/11/2025

» The UK has lifted its travel advisory against non-essential trips to Trat, allowing tourism operators to receive more bookings, but they criticised a government move to subsidise tour groups in the provinces that border Cambodia.

BUSINESS

China ousts Japan in outbound market

Business, Narumon Kasemsuk, Published on 13/08/2025

» Forward bookings by outbound tourists for the upcoming high season remain strongly supported by Chinese tour packages, attributed to lower costs of 30-50% compared with trips to Japan, which recorded a decline for the first time in June.

BUSINESS

Phuket hotels see solid high season

Business, Narumon Kasemsuk, Published on 25/03/2025

» Despite a sharp decline in Chinese arrivals flying direct to Phuket, hotels in the island could still record a solid high season for January and February with a 92% occupancy rate and average room rate surging 15% to 5,557 baht.

BUSINESS

Visa-free stay in Thailand to be cut to 30 days

Narumon Kasemsuk, Published on 17/03/2025

» The period of visa-free stays in Thailand is set to be reduced from 60 days to 30 days as related authorities have agreed in principle to the move in an effort to curb the risk of illegal businesses exploiting the visa exemption scheme, according to the Tourism and Sports Ministry.

BUSINESS

The lowdown on long-stay visas

Business, Narumon Kasemsuk, Published on 01/03/2025

» Online debate over granting 60-day visa exemptions for tourists has intensified, fuelled by a string of incidents involving condos in Bangkok being illegally rented out on a daily basis, specifically targeting tourists.

BUSINESS

AWC to sink B22bn into sector this year

Business, Narumon Kasemsuk, Published on 28/02/2025

» SET-listed Asset World Corp (AWC) is ramping up new investment to 22 billion baht in the hospitality sector this year to capture the rising tourism wave, starting with 8.7 billion baht to acquire the Le Concorde office and hotel on Ratchadaphisek Road.

BUSINESS

Fears over decrease in Chinese New Year visitors

Business, Narumon Kasemsuk, Published on 09/01/2025

» Chinese tourist numbers might fall by 10-20% during the upcoming Lunar New Year due to lower safety confidence among travellers, following a Chinese actor who recently fell victim to a human trafficking gang using Thailand as a gateway, according to the Association of Thai Travel Agents (Atta).

BUSINESS

Hoteliers decry use of illicit foreign entities

Business, Narumon Kasemsuk, Published on 13/11/2024

» The widespread use of Thai nominees by foreign businesses in Thailand is a growing concern among hoteliers, who fear that low prices and quality could destroy the tourism reputation of the country, according to the Thai Hotels Association's (THA) monthly sentiment index.