Showing 1-10 of 91 results
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Thailand urged to focus on wellness
Business, Phusadee Arunmas, Published on 06/05/2023
» Thailand's health economy boasts very high growth potential as the world is increasingly aware of the importance of health and self-care, according to a Commerce Ministry study.
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Cabinet endorses B300 visitor fee to improve standards
Business, Phusadee Arunmas, Published on 15/02/2023
» The cabinet yesterday approved the collection of a 300-baht tourism fee from foreigners visiting Thailand by air, along with a 150-baht fee for visitors by land or sea, expected to start in June this year.
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Survey: Weak spending during Songkran festival
Business, Phusadee Arunmas, Published on 02/04/2021
» People's spending during the upcoming Songkran festival is expected to dive by 17% from 2019 to 113 billion baht, the lowest in nine years, as people remain worried about the pandemic and weak purchasing power, according to a survey conducted by the University of the Thai Chamber of Commerce (UTCC).
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Rice packers: Prices to climb for months
Business, Phusadee Arunmas, Published on 23/03/2020
» The worst is yet to come for consumers, as rice packers warn that packaged rice prices are likely to increase further after domestic rice prices rose by 20-30% since the start of the year, mostly due to drought and a sharp rise in demand in light of the pandemic.
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Cutting through the gloom in export prospects
Business, Phusadee Arunmas, Published on 01/07/2019
» Thailand's export prospects look gloomy this year amid weak global demand and the US-China trade spat.
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Delay poses risks to the economy
Business, Phusadee Arunmas, Published on 14/07/2023
» The University of the Thai Chamber of Commerce (UTCC) expects a prolonged delay in the selection of a prime minister and formation of a new government, leading to protests that, if violent, will significantly affect tourism revenue, causing a loss of 500 billion baht, or a one percentage point decline in GDP.
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Tourism firms cash in on travel boom
Business, Phusadee Arunmas, Published on 23/06/2023
» Tourism-related businesses continued to thrive during the first five months of this year, especially foreign currency exchanges, travel agencies, tour guides, restaurants, and hotel, resort and condo companies.
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Ministry vows to keep tabs on prices
Business, Phusadee Arunmas, Published on 27/05/2023
» During the transition period ahead of the formation of a new government, the Commerce Ministry has pledged to stay vigilant in monitoring and controlling the domestic prices of goods and services to prevent any impact on consumers.
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Consumers buoyant about tourism
Business, Phusadee Arunmas, Published on 12/04/2023
» Consumer confidence rose for the 10th straight month in March, reaching the highest level in 37 months, boosted by the positive impact of easing Covid-19 outbreaks and the recovery of domestic tourism, which has left consumers feeling happier and more optimistic.
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Agencies predict economic uptick
Business, Phusadee Arunmas, Published on 12/04/2023
» Prime Minister Prayut Chan-o-cha is feeling upbeat regarding Thailand's economic recovery, citing the forecasts of several reputable economic agencies including the Asian Development Bank (ADB) and Japan Center for Economic Research (JCER) that anticipate a rebound in 2023 and 2024.
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