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Search Result for “declining purchasing power”

Showing 1 - 10 of 151

PROPERTY

Sena puts focus on affordable housing

Molpasorn Shoowong, Published on 29/01/2026

» SET-listed Sena Development plans to launch eight new projects this year worth 10.7 billion baht, six of which are in the affordable segment priced 1-2.5 million baht per unit, as the company wants to be the leader for affordable houses for new buyers via its rent-to-own strategy.

BUSINESS

Thailand Privilege Card vows to uphold strict screening

Business, Molpasorn Shoowong, Published on 17/01/2026

» Thailand Privilege Card (TPC) has pledged not to allow individuals with suspicious backgrounds or links to grey businesses to use its membership as a cover, and is preparing to discuss with the government ways to mitigate the impact of new tax measures on long-stay foreigners with overseas income.

BUSINESS

Event organisers still buoyant

Business, Molpasorn Shoowong, Published on 05/01/2026

» Despite Vietnam's massive investment in new venue infrastructure, event organisers in Thailand remain confident the country can still compete for event and festival tourism, banking on a variety of venues and its ability to attract both high-spending attendees and repeat visitors.

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

UFO festival on Thailand tourism calendar in 2026

Business, Molpasorn Shoowong, Published on 25/12/2025

» The Tourism Authority of Thailand (TAT) has announced events to increase spending during the year-end and the first quarter next year, starting with “Amazing Thailand” Ambassador Lisa and a UFO festival, in a bid to increase international arrivals by at least 10% in 2026.

BUSINESS

Call for speedy passage of clean air bill

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

» Tourism operators hope senators can complete the reading of the clean air bill before the House dissolution in order for it to be enacted during this high season, as northern regions brace for smog.

BUSINESS

Airlines target China tourist surge amid Japan tensions

Business, Molpasorn Shoowong, Published on 18/11/2025

» Although the airline sector has been suffering from sluggish tourism and a declining number of Chinese arrivals since the beginning of the year, Thailand should still have a robust high season during the fourth quarter, as well as opportunities for more Chinese demand, following China's warning to its citizens to not visit Japan.

THAILAND

Pop star Lisa appointed ‘Amazing Thailand Ambassador’

Molpasorn Shoowong, Published on 15/10/2025

» The Tourism Authority of Thailand (TAT) announced on Wednesday that pop singer Lalisa “Lisa” Manobal has agreed to serve as “Amazing Thailand Ambassador” for the next 12 months.

BUSINESS

TAT hopeful major events can entice 12m foreign arrivals

Business, Molpasorn Shoowong, Published on 14/10/2025

» The government plans to attract 12 million foreign arrivals during its four-month tenure, driven by four events: the Amazing Marathon, Maha Loy Krathong 2025, Vijit Chao Phraya Light Festival and Amazing Thailand Countdown.

BUSINESS

Package crucial to second-tier cities

Business, Molpasorn Shoowong, Published on 14/10/2025

» The Tourism Council of Thailand (TCT) views the Finance Ministry's stimulus package as crucial to reviving tourism in second-tier cities, which has worsened from last year.