Showing 1-10 of 19 results
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Tourism fund meant to aid state agencies
Business, Narumon Kasemsuk, Published on 17/11/2023
» The tourism fund derived from collecting fees from foreign tourists would primarily be reserved for state agencies for tourism development, rather than private sector soft loans, according to the organisers.
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Tourism operators fret over policy rate hike
Business, Narumon Kasemsuk, Published on 16/08/2022
» Domestic tourism operators are concerned about the hike in the policy rate by the Bank of Thailand as banks may apply the new rate in the near future which could heavily dampen tourism outlook this year.
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TCT unveils rescue plan for unlicensed small hotels
Business, Narumon Kasemsuk, Published on 13/08/2022
» The Tourism Council of Thailand (TCT) has come up with a solution to help cash-strapped unlicensed small hotels whose assets may be confiscated due to excessive banking debts.
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New land appraisal rules rile hoteliers
Business, Narumon Kasemsuk, Published on 02/07/2022
» Hotels are crying foul over the new land appraisal rules the Treasury Department is set to apply for the land and building tax from next year, saying the decision could deeply hurt the hospitality sector.
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Enhancing entry process key to reinforcing revival
Business, Narumon Kasemsuk, Published on 10/06/2022
» Bangkok Airways is anticipating faster tourism growth if Thailand is able to provide a smoother and more consistent entry process, particularly from the European market, which could help the firm beat its passenger target.
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Thailand offers aid to stranded tourists
Business, Narumon Kasemsuk, Published on 08/03/2022
» More than 7,000 tourists from Russia and Ukraine in Thailand are allowed to extend their visas without an application fee as the government is considering measures to offer humanitarian assistance to those affected by international flight cancellations.
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Thai AirAsia X looking for new investors
Business, Narumon Kasemsuk, Published on 03/12/2021
» Thai AirAsia X needs a major restructuring and new investors to prep the airline to resume international routes next year, after Thai AirAsia (TAA) already secured additional funding for the carrier last week.
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Thai AirAsia lays off staff amid aviation woes
Business, Narumon Kasemsuk, Published on 19/11/2021
» Thai AirAsia (TAA) has announced mass layoffs and extended furloughs after struggling with the impact of the pandemic, despite the country's reopening on Nov 1.
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Strict rules bar hotels from asset warehousing scheme
Business, Narumon Kasemsuk, Published on 17/07/2021
» More Thai hotels may opt to sell their properties if the stringent measures set for financial aid schemes, such as asset warehousing, prevent them from accessing soft loans.
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Carriers under the cosh
Business, Narumon Kasemsuk, Published on 20/07/2021
» Thai AirAsia views the forced lockdown as jeopardising its financial status as the aviation industry has been struggling without government support for over a year as it questioned the ability of the government to collect tax when large businesses have been left to die.
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