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Search Result for “global economy”

Showing 1 - 10 of 14

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GENERAL

Confidence gains, but obstacles still remain

Business, Narumon Kasemsuk, Published on 09/02/2024

» Tourism confidence for the fourth quarter of 2023 remained lower than normal, according to the Tourism Council of Thailand's (TCT) quarterly index, indicating operators are worried about the risk of deflation and a delay in fiscal budget disbursement.

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BUSINESS

Phuket eager to host Specialised Expo 2028

Business, Narumon Kasemsuk, Published on 21/06/2023

» The 172nd general assembly of the Paris-based intergovernmental organisation Bureau International des Expositions (BIE) has scheduled an election for Wednesday that people in Phuket have been planning for since 2020.

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BUSINESS

Tourism authority sets out plans for Thai tourism growth

Business, Narumon Kasemsuk, Published on 09/06/2023

» The Tourism Authority of Thailand (TAT) has unveiled its direction for fiscal 2024 with a budget of 5 billion baht aiming to grow off-peak customers, increase spending per trip by 7%, and distribute income to a greater variety of destinations.

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BUSINESS

Family has big plans for Chevala venture

Business, Narumon Kasemsuk, Published on 02/08/2022

» With the global wellness industry projected to reach US$7 trillion in 2025, Chevala Wellness, a new business under the Liptapanlop family, aims to capitalise on the trend by rolling out five branches domestically in two years before expanding to other countries.

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BUSINESS

Global economy to hit Thai tourism

Business, Narumon Kasemsuk, Published on 19/07/2022

» The Tourism Authority of Thailand (TAT) forecasts revenue of 1.2-2.38 trillion baht next year, according to its new 2023 strategy, but this is likely to be challenged by global inflation and rising interest rates, with spending already taking a hit.

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BUSINESS

Leading from the front

News, Narumon Kasemsuk, Published on 12/01/2022

» Wallapa Traisorat is a name that would typically be associated with her tycoon father -- Charoen Sirivadhanabhakdi -- as his second daughter became his successor as chief executive and president of Asset World Corporation Plc (AWC), a property firm worth more than 100 billion baht.

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BUSINESS

Tourism rises to post-pandemic challenge

Business, Narumon Kasemsuk, Published on 27/10/2021

» The tourism industry, which previously contributed 18-20% of GDP during the few years prior to the pandemic, is poised to face a tremendous challenge when the country reopens its borders without quarantine from November with a new target.

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BUSINESS

Creative industries set to hit B1.51tn

Business, Narumon Kasemsuk, Published on 14/10/2021

» Thailand's creative industries are expected to grow by 3.55% to 1.51 trillion baht next year from an estimated 1.45 trillion this year, according to the Creative Economy Agency (CEA).

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BUSINESS

Exposing the cracks within tourism

Business, Narumon Kasemsuk, Published on 21/05/2021

» The global pandemic has revealed weaknesses hidden within Thailand's tourism strategy for decades.

BUSINESS

TAT touts competitive enhancement fund

Business, Narumon Kasemsuk, Published on 22/02/2021

» The tourism industry should have a competitiveness enhancement fund to transform businesses in order to avoid a massive collapse in the post-pandemic era, according to the Tourism Authority of Thailand (TAT).