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Search Result for “currency”

Showing 1 - 10 of 14

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GENERAL

Airlines on edge

Business, Molpasorn Shoowong, Published on 06/06/2025

» Despite improving financially this year, the aviation industry is still bracing for uncertainties from tariff policies, geopolitical conflicts and supply chain disruption, according to the International Air Transport Association (IATA).

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GENERAL

Weak baht ‘not enough to drive tourism’

Molpasorn Shoowong, Published on 04/04/2025

» A weak baht is not enough to offset the other negative factors affecting Thailand’s tourism industry, as most Asian currencies are facing similar declines following news of US tariff increases, say travel agents.

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GENERAL

Tourism trade needs additional attractions

Business, Molpasorn Shoowong, Published on 23/12/2024

» With Japan's popularity surpassing Thailand due to its weak currency and readiness to accommodate independent tourists, tourism operators are urging the Thai government to focus on adding new attractions and drive supply quality to draw 40 million tourists.

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GENERAL

Tourism to gain from central bank cut

Business, Molpasorn Shoowong, Published on 17/10/2024

» Thailand's policy rate cut is expected to benefit the tourism industry, letting business operators invest and upgrade their services to improve competitiveness, while tourist spending could increase.

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GENERAL

10m tourist arrivals sought in final quarter to reach target

Business, Molpasorn Shoowong, Published on 08/10/2024

» The fourth quarter will require at least 10.1 million foreign tourist arrivals, or a 25% year-on-year increase, in order to reach the 36.7 million tourists targeted for 2024, according to the Tourism Authority of Thailand (TAT).

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GENERAL

Dimmer prospects for China arrivals during Golden Week

Business, Molpasorn Shoowong, Published on 26/09/2024

» The flow of Chinese tourists during the Golden Week holiday next week might be weaker than expected as a strong baht and the mainland's sluggish economy limit tourist expenditure, while other foreign arrivals start to bargain for lower services prices.

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GENERAL

TAT targets 2.2m Russian arrivals next year

Business, Molpasorn Shoowong, Published on 30/07/2024

» The Russian inbound market should reach a new high of 2.2 million arrivals next year, thanks to the 60-day visa-free scheme, while the shortage of aircraft among Russian airlines would continue to hamper the market, according to the Tourism Authority of Thailand (TAT).

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GENERAL

Thais skimp on dining during trips

Business, Molpasorn Shoowong, Published on 01/05/2024

» Outbound travellers are saving on dining, spending a lot more on shopping and luxury products during their trips, with Japan and China the top destinations during the Songkran holiday, according to YouTrip, a multi-currency digital wallet.

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GENERAL

Cortina Watch bullish on luxury watch market this year

Business, Molpasorn Shoowong, Published on 27/02/2024

» Cortina Watch, the leading retailer and distributor of luxury timepieces across Asia, is upbeat about the luxury watch market in Thailand, projecting 5-10% growth this year as it debuts its first standalone Patek Philippe Boutique in Bangkok.

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GENERAL

Phuket hotels keen on demand gains

Business, Molpasorn Shoowong, Published on 23/09/2023

» Hotels in Phuket are unfazed by a sluggish European economy and weak British currency, with Laguna Phuket expecting to record its best high season as Chinese tourists return and international travel demand rebounds.