Showing 1 - 10 of 421
Thai tourism faces B40bn revenue collapse
Business, Molpasorn Shoowong, Published on 09/03/2026
» Thailand could lose more than 40 billion baht in tourism revenue in the worst-case scenario, assuming the Middle East airspace closure lasts for eight weeks, says the Tourism and Sports Ministry.
Mideast conflict a blow to long-haul tourism
Business, Molpasorn Shoowong, Published on 05/03/2026
» As the conflict in the Middle East weighs on global travel prices and travellers’ pocketbooks, tourism operators in Thailand project arrivals from long-haul markets in 2026 will fall short of the 10.8 million seen last year.
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).
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.
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.
Pattaya banking on Chinese New Year boost
Business, Molpasorn Shoowong, Published on 11/02/2026
» With Chinese New Year approaching next week, Pattaya tourism operators expect similar conditions as last year, though Chiang Mai predicts a surge from Chinese‑speaking markets.
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.
Traders urged to be contrarians in the market
Business, Molpasorn Shoowong, Published on 06/02/2026
» Being in the minority and a contrarian always wins in the market, as investment is not as straightforward as operating your own business, says hospitality and real estate investor Pichai Chawla.
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.
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).