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Search Result for “urgent action”

Showing 1 - 10 of 36

BUSINESS

Push for policy to lift competitiveness

Business, Molpasorn Shoowong, Published on 10/02/2026

» With the Bhumjaithai Party expected to lead the government for a full four-year term with a high degree of stability, tourism operators are urging the government to focus on long-term investment rather than short-term stimulus in order to compete with regional rivals such as Vietnam.

BUSINESS

Tourism council lists urgent issues

Business, Molpasorn Shoowong, Published on 20/09/2025

» The Tourism Council of Thailand (TCT) has urged the new cabinet to place cannabis smokers in specific zones, while working to prevent foreigners from stealing local jobs in tourism and encouraging hotels to register.

BUSINESS

Call for action to boost weak travel industry

Business, Molpasorn Shoowong, Published on 28/08/2025

» Tourism operators and airlines are urging the government to restore border stability and improve confidence, as recent incidents have the potential to reduce the average occupancy rate in Thai hotels by more than 10% year-on-year.

BUSINESS

Thai tourism momentum weakening

Molpasorn Shoowong, Published on 14/08/2025

» Thailand’s tourism business could be slow for the remainder of the year, as the country faces more intense competition from Vietnam and South Korea, which are offering visa exemptions to more markets, say industry executives.

BUSINESS

Tourism body estimates revenue to miss B3tn target

Molpasorn Shoowong, Published on 14/07/2025

» The Tourism Authority of Thailand (TAT) estimates that tourism revenue this year will reach 2.87 trillion baht, a shortfall from the 3-trillion-baht target due to the sluggish Chinese market and global uncertainties, but it still anticipates 7% growth to 3 trillion baht in 2026.

BUSINESS

Race to enroll illegal hotels in system

Business, Molpasorn Shoowong, Published on 14/07/2025

» Phuket's latest "field hospital" measure is expected to attract 20-50 illegal hotels to register in the system before a ministerial regulation expires next month, according to the Phuket Boutique Accommodation Consortium.

BUSINESS

Dusit International says internal conflict not affecting operations

Molpasorn Shoowong, Published on 16/05/2025

» SET-listed Dusit International confirmed that the internal conflict within its major shareholder, Chanut and Children Co, owned by the heirs of the company’s founder, should not impact the company’s operations or lead to a trading suspension on the market. 

BUSINESS

AWC calls for action on tourism

Business, Molpasorn Shoowong, Published on 12/05/2025

» SET-listed Asset World Corp (AWC) has urged the government to swiftly restore tourism confidence and promote new attractions to lure high-spending visitors.

PROPERTY

Illegal condo rentals continue in Bangkok

Molpasorn Shoowong, Published on 29/04/2025

» Despite authorities' efforts to crack down on illegal daily rentals in condos, major tourism cities are continuing to see the practice persist, including a condo building in Bangkok's Sukhumvit 11 developed by a SET-listed company which has avoided an investigation by just changing its name.

PROPERTY

Lan Kwai Fong joins Phuket deal

Business, Molpasorn Shoowong, Published on 12/03/2025

» Robust long-stay demand in Phuket has attracted Hong Kong's Lan Kwai Fong Group to invest in a project worth 4.5 billion baht via joint ventures with a local developer, while a legal consultant suggested Thailand amend the hotel laws to permit the renting out of condo units on a daily basis.