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Search Result for “declining revenues”

Showing 1 - 10 of 30

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

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

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.

BUSINESS

Thailand works to spur Taiwanese arrivals

Business, Molpasorn Shoowong, Published on 30/09/2025

» Declining confidence among Asian travellers to Thailand has also affected the Taiwanese market this year, say travel agents.

BUSINESS

Thai Lion to add at least two aircraft this year

Business, Molpasorn Shoowong, Published on 12/09/2025

» Thai Lion Air expects to receive at least two Boeing 737 aircraft this year, expanding flights to destinations with high demand such as China and Japan, although the total fleet will be less than the 40 jets previously planned due to a decline in foreign and Chinese tourists.

PROPERTY

Bangkok Land eyes major new stadium

Molpasorn Shoowong, Published on 07/08/2025

» SET-listed Bangkok Land is planning a new 45,000-seat stadium costing up to 10 billion baht on a scale similar to Rajamangala National Stadium, located at the Thunder Dome site and the adjacent football stadium in Muang Thong Thani, viewing a five-year development plan.

BUSINESS

Tourism operators sound the alarm on possible coup

Business, Molpasorn Shoowong, Published on 20/06/2025

» Tourism operators insist a coup must be avoided at all costs as the nation struggles with political instability, as businesses prefer a democratic system.

BUSINESS

Tourism groups prepare proposals to offset crisis

Molpasorn Shoowong, Published on 14/05/2025

» The Federation of Thai Tourism Associations (Fetta) plans to submit a proposal to the prime minister in person this month, requesting a concrete plan to restore confidence and avoid a crisis.

BUSINESS

AWC calls for action on tourism

Business, Molpasorn Shoowong, Published on 12/05/2025

» SET-listed Asset World Corp (AWC) has urged the government to swiftly restore tourism confidence and promote new attractions to lure high-spending visitors.