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Search Result for “inflation target”

Showing 1 - 10 of 151

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

Proposal for regional tourism network

Business, Narumon Kasemsuk, Published on 03/04/2026

» Thai tourism should ramp up its targets in six potential markets reachable via six-hour flights to mitigate the impact of the oil crisis, while leveraging 12 million outbound travellers to foster two-way tourism that benefits all markets, according to the Association of Thai Travel Agents (Atta).

BUSINESS

Bangkok Airways to raise domestic airfares by up to 20%

Business, Narumon Kasemsuk, Published on 28/03/2026

» SET-listed Bangkok Airways plans to increase domestic airfares by 15-20% from April 1 to counter rising fuel costs and a 3% decline in second-quarter forward bookings, and may negotiate with the Civil Aviation Authority of Thailand (CAAT) to extend the airfare ceiling if operating costs continue to soar.

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 groups eye B15bn stimulus

Business, Narumon Kasemsuk, Published on 21/03/2026

» Seven tourism associations under the Federation of Thai Tourism Associations (Fetta) have called for stimulus projects worth a combined 15 billion baht, including cash handouts to local tourists, to prevent an industry downturn due to the Gulf war.

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

Former tourism boss touts measures for 2026 comeback

Business, Narumon Kasemsuk, Published on 22/10/2025

» Despite a tourism downturn this year, Thailand should not lose its grip on promoting the markets next year, as the government should quickly fix perceptions concerning the lack of safety by revamping its image to resemble a trusted destination and by partnering with airlines to maintain seats and affordable airfares, in order to increase revenue by 8% to 1.63 trillion baht as targeted.

BUSINESS

TAT targets luxury and wellness tourism

Business, Narumon Kasemsuk, Published on 17/10/2025

» Thai tourism authorities will no longer promote cheap tour packages to compete with neighbouring countries, instead focusing on high-potential segments such as health and wellness, luxury travel and sustainable tourism, according to the Tourism Authority of Thailand.

BUSINESS

New tourism minister eyes domestic spending

Narumon Kasemsuk, Published on 26/09/2025

» Thailand’s new tourism and sports minister wants to see the sector return to its healthy pre-pandemic level next year, prioritising budget usage to subsidise local consumption rather than giving handouts to foreign tourists.

BUSINESS

Strengthening baht adds to woes of ailing travel sector

Business, Narumon Kasemsuk, Published on 14/08/2025

» The strengthening baht is beginning to weigh on the fragile tourism sector, which is plagued by recurring security issues, leaving tourists feeling their visits aren't worth the cost.