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Search Result for “uptick”

Showing 1 - 10 of 27

BUSINESS

Malls bet big on New Year blowout

Business, Molpasorn Shoowong, Published on 19/12/2025

» Large malls are ramping up investments in New Year countdown events across Bangkok and nationwide to spur year-end spending among locals and foreign tourists, with leading players Central Pattana Plc (CPN) and The Mall Group aiming to attract a combined audience of 1.6 million at their flagship celebrations.

BUSINESS

Forward bookings dip amid border row

Business, Molpasorn Shoowong, Published on 07/08/2025

» Foreign forward bookings for Thailand have started to feel the pinch due to the Thai-Cambodian border tensions, according to the Tourism Authority of Thailand (TAT), while Chanthaburi tourism operators reported cancellations from foreign tourists for the remainder of the year.

THAILAND

Phu Kradueng cable car ‘to be ready by 2027’

Molpasorn Shoowong, Published on 21/05/2025

» The Ministry of Tourism and Sports insists there will be a cable car operating at Phu Kradueng National Park by 2027 — more than four decades after it was first proposed.

BUSINESS

MGM Resorts urges 'competitive' casino tax

Business, Molpasorn Shoowong, Published on 21/05/2025

» Thailand should have a casino tax rate that is competitive with Singapore and a substantial number of locals should be allowed to visit casino complexes, rather than solely serving foreign tourists in order to stimulate tourism and economic growth, says integrated resorts operator MGM Resorts International.

BUSINESS

Airbus sees region as biofuel for aircraft hub

Business, Molpasorn Shoowong, Published on 14/05/2025

» Airbus is banking on Southeast Asia becoming the world's top producer of sustainable aviation fuel (SAF), while the Civil Aviation Authority of Thailand (CAAT) plans to mandate 1% SAF usage for European routes starting in the fourth quarter.

BUSINESS

Tourism surveys Chinese market

Business, Molpasorn Shoowong, Published on 03/05/2025

» While the government is hoping tourism can drive the economy during its "Amazing Thailand Grand Tourism and Sports Year 2025" campaign, the industry has been hit by several setbacks, resulting in slower growth since the pandemic.

BUSINESS

Thailand expects more Chinese tourists in May

Business, Molpasorn Shoowong, Published on 11/03/2025

» While the Chinese market continues to contract, declining 12% year-on-year during the first two months amid economic issues and tourism safety concerns, the Tourism Authority of Thailand (TAT) expects an uptick in May during China's Labour Day holiday.

BUSINESS

Tourism ministry seeks B240m Songkran budget

Business, Molpasorn Shoowong, Published on 27/02/2025

» The Tourism and Sports Ministry is proposing a 240-million-baht budget to the cabinet for holding Songkran celebrations in April, aiming to generate 40-50 billion baht in revenue based on a 10-20% uptick from 1.5 million visitors last year.

BUSINESS

Trip.com Group sees China market uptick

Business, Molpasorn Shoowong, Published on 26/02/2025

» Though Chinese tourist bookings grew slower than expected in the first month of the year because of safety concerns, they should improve overall from last year as Thailand remains a popular global destination, says online travel agent Trip.com Group.

BUSINESS

Bookings at riverside hotels surge

Business, Molpasorn Shoowong, Published on 15/11/2024

» Hotels along the Chao Phraya River are expecting a significant uptick in bookings for December and the New Year celebration as tourism resumes and Thai K-pop star Lalisa is booked to perform at Iconsiam's countdown event.