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Search Result for “debt restructuring scheme”

Showing 1 - 10 of 199

BUSINESS

Stimulus needed for regional tourism

Business, Molpasorn Shoowong, Published on 21/04/2026

» Regional tourism operators expect domestic tourism during this low season to perform worse than last year, due to higher living costs and debt levels, unless new stimulus measures are introduced to encourage travel and provide short-term debt relief.

BUSINESS

Tourism sector seeking clear policies

Business, Molpasorn Shoowong, Published on 17/04/2026

» Tourism operators have criticised the government for lacking clear policies to address the debt burden and improve the competitiveness of small and medium-sized operators.

BUSINESS

Proposed tax on arrivals draws mixed reactions

Business, Molpasorn Shoowong, Published on 08/04/2026

» Tourism operators have expressed mixed views on the new government's plan to levy a 300‑baht tourism tax, as it may affect travel sentiment amid sluggish tourism caused by the Middle East crisis.

BUSINESS

Tourism stimulus eyed to address slowdown

Business, Molpasorn Shoowong, Published on 14/03/2026

» To mitigate the tourism impact from the Middle East conflict, the Tourism Authority of Thailand (TAT) plans to propose to the cabinet a stimulus measure for the short-haul and domestic markets, as well as setting up a "war room" in collaboration with private operators.

BUSINESS

Minor Food mulls IPO in Hong Kong by end of 2026

Business, Molpasorn Shoowong, Published on 23/02/2026

» Minor Food, a subsidiary of SET-listed Minor International, is exploring an initial public offering (IPO) in Hong Kong by the end of the year, while its hotel arm, Minor Hotels, prepares to launch a US$1-billion real estate investment trust (REIT).

BUSINESS

Origin ramps up non-residential push

Business, Molpasorn Shoowong, Published on 21/02/2026

» SET-listed developer Origin Property aims to increase the contribution of non-residential revenue to two-thirds of total profit within 5-10 years, up from an estimated 50% this year, as it diversifies into hotels, services and warehouses.

BUSINESS

Phuket up in arms on long‑stay visa

Business, Molpasorn Shoowong, Published on 18/02/2026

» Phuket tourism operators oppose the government's policy allowing foreigners who buy real estate worth 3 million baht to qualify for a long‑stay visa, arguing the investment threshold is too low and could attract "non‑quality" visitors who may engage in illegal activities, as well as risking an increase in property prices, making housing less affordable for local residents.

BUSINESS

Council sees tourism as key driver of GDP

Business, Molpasorn Shoowong, Published on 17/02/2026

» The Tourism Council of Thailand (TCT) expects the tourism industry to be a major driver of GDP growth this year as flights and arrivals continue to rebound, though rising untaxed online travel agents and illegal foreign operators continue to limit the full benefits of the rebound.

BUSINESS

Shorter visa-free stays on the cards

Business, Molpasorn Shoowong, Published on 12/02/2026

» The Tourism and Sports Ministry insists the government's plan to reduce visa‑free stays from 60 days should not impact tourism, as most foreign tourists on average stay for less than a month.

BUSINESS

Push for policy to lift competitiveness

Business, Molpasorn Shoowong, Published on 10/02/2026

» With the Bhumjaithai Party expected to lead the government for a full four-year term with a high degree of stability, tourism operators are urging the government to focus on long-term investment rather than short-term stimulus in order to compete with regional rivals such as Vietnam.