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Search Result for “Malaysian ringgit”

Showing 1 - 10 of 31

BUSINESS

Flood recovery lag weighs on Hat Yai

Business, Molpasorn Shoowong, Published on 05/02/2026

» While most hotels in Hat Yai have already resumed operations, insufficient flood relief has resulted in only 30% of shops and restaurants reopening, leading to a weak outlook for tourism revenue during the Chinese New Year, according to the Hat Yai Songkhla Hotels Association.

BUSINESS

Tourism index dips in fourth quarter

Business, Molpasorn Shoowong, Published on 28/01/2026

» The tourism confidence index in the fourth quarter of 2025 dropped year-on-year, marking a sluggish recovery due to southern flooding, the Thailand-Cambodia border conflict and the strong baht, according to the Tourism Council of Thailand (TCT).

BUSINESS

Tourism Authority of Thailand expects drop in New Year revenue

Business, Molpasorn Shoowong, Published on 26/12/2025

» Tourism receipts during the New Year holiday are expected to plunge by 2-9% year-on-year due to the border conflict and flooding in the South, while outbound travel remains strong, supported by the strength of the local currency.

BUSINESS

Ministry to push forward steps to stimulate tourism

Business, Molpasorn Shoowong, Published on 13/12/2025

» The Tourism and Sports Ministry still plans to push forward two tourism stimulus measures and leave it to the caretaker administration to decide whether to continue them, while the private sector is more concerned with restoring flood-affected communities and maintaining peace along the Thai-Cambodian border.

BUSINESS

Centara targets 15% revenue growth

Business, Molpasorn Shoowong, Published on 27/11/2025

» Despite a tourism contraction nationwide, Centara Hotels & Resorts (CHR) still expects a 5% year-on-year increase in revenue per available room (RevPar) in 2025, driven by the high season and strong arrivals from European and Indian markets.

BUSINESS

Flooding forces Malaysians to cancel trips to Thailand

Business, Molpasorn Shoowong, Published on 25/11/2025

» Inbound trips from Malaysia to southern Thailand are expected to be completely cancelled this week due to severe flash floods, particularly in Hat Yai, according to the Tourism Authority of Thailand (TAT).

BUSINESS

Calls for 24-hour Sadao checkpoint

Business, Molpasorn Shoowong, Published on 02/10/2025

» The number of arrivals and revenue from the Malaysian tourism market can increase by 20-30% if bribery at the border is resolved and the new government extends the operating hours of border checkpoints, according to Hat Yai tourism operators.

BUSINESS

Tourism Authority of Thailand puts faith in Malaysian visitors despite forecast cut

Business, Molpasorn Shoowong, Published on 26/08/2025

» Despite the target for Malaysian tourists having been cut to 5 million this year, equivalent to the level seen in 2024, this market may reach the same number of arrivals as the Chinese as it is still unfazed by the situation along the border provinces.

BUSINESS

Film shoots energise tourism

Business, Molpasorn Shoowong, Published on 19/08/2025

» Thailand is reaping benefits from foreign blockbuster film shoots, as Krabi tourism observed a 30% visitor surge at attractions appearing in Jurassic World Rebirth, while the Alien: Earth series, which set a record investment budget, will help promote the nation as a global destination for film shoots and tourism.

BUSINESS

Thai tourism momentum weakening

Molpasorn Shoowong, Published on 14/08/2025

» Thailand’s tourism business could be slow for the remainder of the year, as the country faces more intense competition from Vietnam and South Korea, which are offering visa exemptions to more markets, say industry executives.