Showing 1 - 5 of 5
Retail sector still sensitive
Business, Molpasorn Shoowong, Published on 11/03/2024
» Despite higher tourist spending and tax incentives to spur purchases, Thailand's retail industry remains fragile, with an influx of substandard goods from China piling pressure on local entrepreneurs.
CRC targets 9-11% revenue growth
Business, Molpasorn Shoowong, Published on 13/02/2024
» Central Retail Corporation (CRC) is targeting 9-11% revenue growth in 2024, mainly driven by improved tourism and consumption, while voicing concerns over an influx of cheap imported goods.
CFR upbeat on Chinese New Year spending
Business, Molpasorn Shoowong, Published on 23/01/2024
» Overall expenditure during Chinese New Year is expected to grow by at least 5-10% from the level recorded last year, driven by government incentives and promotional campaigns in the private sector, as Thais could spend up to 31% more than during the regular period, according to Central Food Retail (CFR), operator of Tops grocery stores.
Travellers unfazed by debt, pricier rooms
Business, Molpasorn Shoowong, Published on 04/10/2023
» Most Thai tourists still intend to travel over the next 12 months despite rising accommodation prices globally, according to hotel e-commerce platform SiteMinder.
Call for more low-cost airports
Business, Molpasorn Shoowong, Published on 19/09/2023
» The Thai government should consider developing a low-cost dedicated airport or terminal, especially for the two new airports in Chiang Mai and Phuket, to accelerate tourism growth, according to Tony Fernandes, the co-founder of AirAsia.