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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

Early birds to benefit most from planned tourism subsidies

Narumon Kasemsuk, Published on 03/07/2025

» The 750-million-baht subsidy for airlines and tour groups to stimulate the tourism industry will be distributed on a first-come, first-served basis, aiming to generate 33.5 billion baht in revenue, according to the Tourism Authority of Thailand (TAT).

BUSINESS

B1.7bn co-payment scheme encounters inauspicious start

Business, Narumon Kasemsuk, Published on 02/07/2025

» Hotel operators are enmeshed in the slow approval process for the first phase of the 1.7-billion-baht co-payment scheme, while some online travel agents (OTAs) have started to offer even lower prices than the government's subsidy scheme.

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.

BUSINESS

Bonanza likely if booze curbs lifted, says industry group

Narumon Kasemsuk, Published on 20/02/2025

» Lifting the ban on afternoon alcohol sales in Thailand could help bring another 50-100 billion baht into the economy, particularly from foreign tourists, say industry executives.

BUSINESS

TAT banking on same-sex marriages to boost figures

Business, Narumon Kasemsuk, Published on 20/01/2025

» With same-sex marriages available in Thailand starting this week, the Tourism Authority of Thailand (TAT) is banking on the trend, holding trade meetings with businesses targeting couples who seek wedding ceremonies in Thailand.

BUSINESS

Unpacking the foreign pilot row

Business, Narumon Kasemsuk, Published on 26/09/2024

» The Thai aviation industry has recently been overwhelmed by discussions concerning a proposed changing of the rules to allow foreign pilots to fly domestic routes, which is surprising given that this type of work at present is protected for Thai nationals.

BUSINESS

Thai AirAsia experiences drop in demand

Business, Narumon Kasemsuk, Published on 16/07/2024

» After enjoying a robust market throughout 2023, Thai AirAsia started to experience lower demand during the second and third quarters, which requires immediate stimulus from the government to help alleviate the stagnant local purchasing power.

BUSINESS

Index Living Mall eyes Furinbox growth

Business, Narumon Kasemsuk, Published on 19/03/2024

» Despite a high mortgage rejection rate in the low-income segment, SET-listed Index Living Mall (ILM) saw this group become one of the fastest-growing segments last year, prompting the company to expand its brand to be competitive through the sale of non-branded furniture and affordable products made in China.

BUSINESS

Hotel margins dented by rising costs

Business, Narumon Kasemsuk, Published on 03/02/2024

» The end of reductions for property tax and elevated energy prices this year have pushed up operating costs for hotels by at least 10%, leading to lower margins even as they service more guests.