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Search Result for “tourism fundamentals”

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BUSINESS

More bookings, shorter trips: Chinese adjust to higher fuel prices for Labour Day break

South China Morning Post, Published on 23/04/2026

» HONG KONG — The number of Chinese tourists deciding to travel during the five-day Labour Day holiday at the start of next month could rival or exceed last year's headcount despite higher global fuel prices, analysts said, adding travellers were likely to prefer shorter trips to save on transport costs.

BUSINESS

Platinum Group unveils The Neighbourhood of Platinum, rebranding The Market to PLATINUM POP

Published on 23/04/2026

» The Platinum Group, Thailand’s leading operator of shopping centres, wholesale and retail businesses, hotels and office buildings, has unveiled a major strategic plan to anchor its presence in the high-potential Ratchaprasong – Pratunam – Ratchaprarop district. The initiative aims to create a new landmark under the concept “The Neighbourhood of Platinum”, elevating the area into a central business district (CBD) mega mixed-use ecosystem in the heart of Bangkok. 

THAILAND

Visa-free stay to be cut for quality boost

News, Achadthaya Chuenniran, Published on 23/04/2026

» Thailand is preparing to end the 60-day visa-free scheme to improve screening and support sustainable growth in the tourism sector, according to Tourism and Sports Minister Surasak Phancharoenworakul.

BUSINESS

War risks, rate cuts affect Thai banks’ margins

Business, Somruedi Banchongduang, Published on 23/04/2026

» The local banking industry recorded marginal net profit growth in the first quarter of this year, pressured by a decline in net interest income (NII) as conflicts in the Middle East are expected to heighten risks for the sector.

LEARNING

Police investigate parasailing incident in Phuket

Gary Boyle, Published on 23/04/2026

» Police and maritime officials have launched an investigation into a parasailing incident off Phuket's Kamala beach in which a tow rope snapped mid-air, sending a tourist into the sea. The tourist survived without serious injury.

BUSINESS

Caution urged in uncertain market

Business, Kanana Katharangsiporn, Published on 23/04/2026

» Residential developers should adopt a cautious approach to new launches while strengthening revenue, cash flow and cost management, according to SCB Economic Intelligence Center (EIC).

THAILAND

Historic temple in Surin eyed as tourist hotspot

News, Post Reporters, Published on 23/04/2026

» The government will restore and preserve Prasat Ta Kwai temple in Surin province to establish it as a sustainable historical tourist attraction, says Culture Minister Sabeeda Thaised.

BUSINESS

Thailand exposed to widening war impact

Business, Nuntawun Polkuamdee, Published on 23/04/2026

» Thailand's economy is entering one of its most vulnerable phases as global geopolitical tensions intensify, yet selective opportunities for capital inflows remain, says Kongkiat Opaswongkarn, chief executive of Asia Plus Group Holdings.

THAILAND

Dr Prasert, founder of BDMS and Sahakol Air, dies at 93

News, Post Reporters, Published on 23/04/2026

» Dr Prasert Prasarttong-Osoth, the founder of Thailand's largest private hospital business as well as an airline that put Koh Samui on the global tourism map, has passed away at the age of 93.

THAILAND

MPs demand nightlife law be changed

News, Aekarach Sattaburuth, Published on 23/04/2026

» People's Party (PP) MPs for Bangkok have called for a fresh review of the draft Service Establishment Act, alleging rampant corruption in the nightlife industry.