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Search Result for “Travel Outlook Report”

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BUSINESS

Gold climbs to near three-week high after US, Iran agree to ceasefire

Reuters, Published on 08/04/2026

» BENGALURU — Gold rose to a near three-week high on Wednesday as oil prices and the dollar fell sharply after the United States and Iran agreed to a two-week ceasefire as talks began on ​a permanent end to the ⁠war.

BUSINESS

Brazil blacklists BYD for slave labour conditions at its biggest plant outside China

South China Morning Post, Published on 08/04/2026

» RIO DE JANEIRO — Brazil's labour ministry on Tuesday added Chinese electric vehicle (EV) giant BYD (Build Your Dreams) to a registry of employers found to have subjected workers to conditions analogous to slavery, limiting access to state financing and increasing reputational risks in its most important market outside China.

BUSINESS

Energy costs weigh on Hat Yai rebound

Business, Kuakul Mornkum, Published on 08/04/2026

» Most businesses in Songkhla's Hat Yai district have resumed operations following the devastating 2025 floods, but they are now having to grapple with surging energy prices, which are affecting sales.

BUSINESS

Stocks under pressure as energy crisis bites

Business, Nuntawun Polkuamdee, Published on 08/04/2026

» Thailand's equity market is expected to come under pressure as surging diesel prices raise concerns over economic growth and corporate earnings, although easing geopolitical tensions may help cushion downside risks, analysts say.

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

Inflation poised to rise as sentiment weakens

Business, Somhatai Mosika, Published on 08/04/2026

» Headline inflation is projected to rise in April for the first time in over a year, or since March 2025, while the consumer confidence index (CCI) fell sharply in March. Both are largely influenced by the Middle East conflict and rising energy prices, according to the Trade Policy and Strategy Office (TPSO).

BUSINESS

A defining energy shock and Thailand's economic resilience

Business, Nalinee Taveesin, Published on 08/04/2026

» The global economy has entered a new phase of uncertainty. The escalating conflict in the Middle East has triggered what the International Energy Agency describes as the most severe energy supply disruption in modern history.

BUSINESS

South Korea eases Chinese travel visas but Southeast Asia rivals, Iran war cloud outlook

South China Morning Post, Published on 07/04/2026

» Repeat short-haul visits by Chinese travellers to South Korea are expected to rise after Seoul eased multiple-entry visa rules, but analysts say the immediate impact may be limited because of growing competition from Southeast Asia and higher airfares linked to the US-Israeli war in Iran.

BUSINESS

Call for jet fuel tax break as costs soar

Business, Yuthana Praiwan, Published on 07/04/2026

» Bangkok Aviation Fuel Services Plc (BAFS), Thailand's sole jet refuelling provider, has called on the government to exempt jet fuel from the excise tax of 4.72 baht per litre, warning the levy undermines the country's aviation competitiveness.

BUSINESS

Malaysia Airlines seeks hub role for Kuala Lumpur

Business, Molpasorn Shoowong, Published on 07/04/2026

» Malaysia Airlines is banking on Kuala Lumpur as an aviation hub, competing with Bangkok and Singapore in Southeast Asia by connecting the region to medium- and long-haul destinations as it adds three new routes in China and Japan to capture strong demand.