Showing 1 - 10 of 217
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.
Thai AirAsia pins growth hopes on China, long-haul markets
Business, Molpasorn Shoowong, Published on 26/02/2026
» Thai AirAsia (TAA) is targeting 6-9% year-on-year revenue growth in 2026, supported by 23.5 million passengers and an 85% load factor, assuming an optimistic tourism outlook.
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.
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.
Aircraft manufacturers eye Asia-Pacific demand
Business, Molpasorn Shoowong, Published on 04/02/2026
» As Asia-Pacific outpaces other regions in aviation growth, industry players -- including aircraft manufacturers -- are stepping up efforts to target passengers and clients in the region.
Adjusting rules to make Thai skies safer
Business, Molpasorn Shoowong, Published on 31/01/2026
» Indian airline IndiGo scrapped thousands of flights last month due to its failure to comply with new pilot rest rules by the required deadline, causing concern among aviation stakeholders in Thailand.
IHG to add nearly 40 hotels to Thai portfolio in 3-5 years
Business, Molpasorn Shoowong, Published on 21/01/2026
» Thailand still has an undersupply of hotel rooms, according to international chain IHG Hotels & Resorts, which aims to add nearly 40 hotels here in 3-5 years, adding the next government should address the strong currency.
Industrial Estate Authority of Thailand chief eyes strategic reboot
Business, Molpasorn Shoowong, Published on 14/01/2026
» The next government is urged to reform investment strategy and streamline working processes to lift economic growth, including attracting high-value sectors such as wellness tourism, high-tech industry and green infrastructure.
Ruling on pilot training charges creates legal precedent
Business, Molpasorn Shoowong, Published on 07/01/2026
» Over a dozen student pilots won a lawsuit against Nok Air regarding a requirement for additional training charges outside a contract for co-pilot employment, while the Court of Justice ordered compensation of one-third of 32.5 million baht in total damages.