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Search Result for “power vacuum iran”

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BUSINESS

Airlines adjust operations amid ceasefire

Business, Molpasorn Shoowong, Published on 09/04/2026

» Despite a two-week ceasefire between the US and Iran, Thai airlines still have to adjust their operational strategies for the summer schedule to match travel demand dampened by concerns over uncertainty surrounding the oil crisis.

BUSINESS

Proposed tax on arrivals draws mixed reactions

Business, Molpasorn Shoowong, Published on 08/04/2026

» Tourism operators have expressed mixed views on the new government's plan to levy a 300‑baht tourism tax, as it may affect travel sentiment amid sluggish tourism caused by the Middle East crisis.

BUSINESS

Polluted Chiang Mai to suffer at Songkran

Business, Molpasorn Shoowong, Published on 02/04/2026

» Northern tourism operators expect a poor showing during the Songkran holiday as the region remains choked by smog, amid weak spending attributed to the war in the Middle East and the subsequent oil shock.

BUSINESS

Tourism stimulus eyed to address slowdown

Business, Molpasorn Shoowong, Published on 14/03/2026

» To mitigate the tourism impact from the Middle East conflict, the Tourism Authority of Thailand (TAT) plans to propose to the cabinet a stimulus measure for the short-haul and domestic markets, as well as setting up a "war room" in collaboration with private operators.

BUSINESS

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.

BUSINESS

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.

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

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

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

River cruise bookings sink amid mourning

Molpasorn Shoowong, Published on 28/10/2025

» River cruise operators in Thailand are reporting a cancellation rate of 30 to 40% after the Vijit Chao Phraya illumination festival was postponed for the mourning period for Her Majesty Queen Sirikit, the late Queen Mother, while hotels are urging authorities to provide detailed guidelines to prevent people from cancelling their New Year celebrations.