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Search Result for “acceleration times”

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BUSINESS

Strong baht may crimp bookings

Business, Molpasorn Shoowong, Published on 22/01/2026

» With the baht strengthening against the US dollar, surpassing 31 to the greenback for the first time in almost five years, it should impact forward bookings for the next few months and during the low season, discouraging tourist spending.

BUSINESS

European bonanza projected

Business, Molpasorn Shoowong, Published on 01/12/2025

» The Tourism Authority of Thailand (TAT) expects European arrivals to hit a record high of more than 8.8 million next year, driven by new direct flights attributed to its airline strategy.

BUSINESS

Vietjet becomes 1st low-cost Thai airline to use green fuel

Business, Molpasorn Shoowong, Published on 07/11/2025

» Vietjet Thailand has become the first low-cost Thai carrier to operate flights with a 1% blend of sustainable aviation fuel (SAF), while it awaits the delivery of more fuel-efficient Boeing 737-8 jets delayed due to the US government shutdown.

BUSINESS

Call for action to boost weak travel industry

Business, Molpasorn Shoowong, Published on 28/08/2025

» Tourism operators and airlines are urging the government to restore border stability and improve confidence, as recent incidents have the potential to reduce the average occupancy rate in Thai hotels by more than 10% year-on-year.

PROPERTY

Sansiri preps 29 projects in Phuket under 5-year plan

Business, Molpasorn Shoowong, Published on 06/08/2025

» SET-listed developer Sansiri plans to launch 29 residential projects worth 33 billion baht in Phuket under a five-year plan, driven by new demand from both locals and foreigners.

BUSINESS

Army of Chinese travel agents en route to Thailand

Molpasorn Shoowong, Published on 22/05/2025

» Thailand’s tourism industry is preparing to welcome 500 Chinese travel agents and media members at the end of this month, hoping to revive a market that has plunged 32% compared with a year ago.

BUSINESS

MGM Resorts urges 'competitive' casino tax

Business, Molpasorn Shoowong, Published on 21/05/2025

» Thailand should have a casino tax rate that is competitive with Singapore and a substantial number of locals should be allowed to visit casino complexes, rather than solely serving foreign tourists in order to stimulate tourism and economic growth, says integrated resorts operator MGM Resorts International.

BUSINESS

Airbus sees region as biofuel for aircraft hub

Business, Molpasorn Shoowong, Published on 14/05/2025

» Airbus is banking on Southeast Asia becoming the world's top producer of sustainable aviation fuel (SAF), while the Civil Aviation Authority of Thailand (CAAT) plans to mandate 1% SAF usage for European routes starting in the fourth quarter.

BUSINESS

US film tariff not seen as big threat to Thailand

Molpasorn Shoowong, Published on 07/05/2025

» A threat by US President Donald Trump to impose tariffs of up to 100% on films produced outside the United States is unlikely to affect foreign film shoots in Thailand in the short term, as most productions have already been planned, according to the Tourism Department.

BUSINESS

Digital transformation to help drive growth in premiums

Business, Molpasorn Shoowong, Published on 28/01/2025

» The digital transformation of non-life insurance could drive Thailand's premium growth by at least 2.5 times to reach 734 billion baht and boost the industry's penetration rate to the same level as South Korea, one of the world's leading insurance markets, says SET-listed Dhipaya Group Holdings.