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Search Result for “gdp”

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PROPERTY

N.C. Housing slashes projects amid weak demand

Business, Molpasorn Shoowong, Published on 19/02/2026

» SET-listed developer N.C. Housing plans to launch only two projects worth a combined 2 billion baht this year, lower than in previous years, as it remains cautious because of weak consumer purchasing power.

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

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

Asian aviation set to surge in 2026

Business, Molpasorn Shoowong, Published on 06/12/2025

» Asia-Pacific aviation is expected to keep growing next year driven by robust demand, while airlines want eased regulations to help an industry encountering supply chain constraints and geopolitical challenges, according to the Association of Asia Pacific Airlines (AAPA).

BUSINESS

New TCEB head aiming for 5% annual growth

Business, Molpasorn Shoowong, Published on 10/09/2025

» The new president of the Thailand Convention and Exhibition Bureau (TCEB) has vowed to keep persistent annual growth at 5%, higher than the GDP for the Mice (meetings, incentives, conventions and exhibitions) segment over the next four years.

BUSINESS

SE Asian arrivals remain sluggish

Business, Molpasorn Shoowong, Published on 06/09/2025

» Demonstrations in Indonesia and a weakened Vietnamese dong could impact inbound arrivals to Thailand in the short term, though both markets are still projected to have high GDP growth and contain a large youth population deemed to have high potential.

BUSINESS

Hoteliers’ lawsuit targets minimum wage

Molpasorn Shoowong, Published on 20/08/2025

» Members of the Thai Hotels Association (THA) voted on Wednesday to file a lawsuit against the national wage committee with the Administrative Court, arguing the 400-baht nationwide daily minimum wage violates the 1998 Labour Protection Act.

BUSINESS

Impact of tariff hikes on tourism likely to unfold next year

Business, Molpasorn Shoowong, Published on 10/07/2025

» Tourism operators view the US's tariff policy as indirectly hampering Thai tourism in the form of reduced spending, but this impact is not expected to unfold until next year, as many tourists have already booked trips for the upcoming high season.

BUSINESS

Onyx preps launch of REIT worth B6.5bn

Business, Molpasorn Shoowong, Published on 11/06/2025

» Onyx Hospitality Group is planning to launch its real estate investment trust (REIT), combining four properties worth 6.5 billion baht within this year, and aims to double its value to 15 billion baht within five years.

BUSINESS

Airlines on edge

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

» Despite improving financially this year, the aviation industry is still bracing for uncertainties from tariff policies, geopolitical conflicts and supply chain disruption, according to the International Air Transport Association (IATA).