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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

Phuket in fresh bid for Specialised Expo

Business, Molpasorn Shoowong, Published on 24/02/2026

» Phuket plans to submit a bid for the Specialised Expo again this year, aiming to host the event in 2032 or 2033 under a new "longevity" theme, promoting the island's wellness and sustainable tourism sectors.

BUSINESS

Phuket in fresh bid for Specialised Expo

Molpasorn Shoowong, Published on 23/02/2026

» Phuket plans to submit a bid for the Specialised Expo again this year, aiming to host the event in 2032 or 2033 under a new “longevity” theme, promoting the island’s wellness and sustainable tourism sectors.

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

Shorter visa-free stays on the cards

Business, Molpasorn Shoowong, Published on 12/02/2026

» The Tourism and Sports Ministry insists the government's plan to reduce visa‑free stays from 60 days should not impact tourism, as most foreign tourists on average stay for less than a month.

BUSINESS

Flood recovery lag weighs on Hat Yai

Business, Molpasorn Shoowong, Published on 05/02/2026

» While most hotels in Hat Yai have already resumed operations, insufficient flood relief has resulted in only 30% of shops and restaurants reopening, leading to a weak outlook for tourism revenue during the Chinese New Year, according to the Hat Yai Songkhla Hotels Association.

BUSINESS

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.

BUSINESS

Tourists head to eastern provinces despite conflict

Business, Molpasorn Shoowong, Published on 10/01/2026

» Eastern provinces recorded an increase in tourist visits last year despite the border conflict with Cambodia, driven by domestic trips, although fewer international tourists put pressure on revenue.

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

Tourism still a stalled engine

Business, Molpasorn Shoowong, Published on 29/12/2025

» In 2025, the Thai tourism industry faced its first contraction since the pandemic, with several setbacks consistently hampering tourist confidence.