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BUSINESS

TAT upbeat on obtaining full budget in 2024

Business, Molpasorn Shoowong, Published on 12/07/2023

» The Tourism Authority of Thailand (TAT) hopes its proposed budget for fiscal 2024 will not be cut as it attempts to drive a full recovery, generating 3 trillion baht in tourism income and increasing the GDP contribution to 25% by 2027.

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BUSINESS

UK water crisis pollutes privatisation legacy

AFP, Published on 11/07/2023

» LONDON: Britain's biggest water supplier staving off renationalisation, trains derailed by strikes and consumers suffering huge energy bills — the nation's vital sectors are mired in chaos decades after their controversial privatisation.

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BUSINESS

Hurdles must be overcome for Thailand to become a Mice hub

Business, Narumon Kasemsuk, Published on 08/07/2023

» Taylor Swift's world tour became a hot topic among her local fans after she didn't include Thailand in her schedule.

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BUSINESS

Economic woes curtail domestic trips

Business, Molpasorn Shoowong, Published on 06/07/2023

» Domestic tourism is still struggling with weak purchasing power because of higher costs of living and soaring debt, leaving small hotels and regional operators with financial burdens, says Kantapong Thananerngroth, president of Thai Tourism Promotion Association.

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BUSINESS

BPP keen on free power trade pipeline

Business, Yuthana Praiwan, Published on 01/07/2023

» Costly electricity bills create a financial burden for the public, but also accelerate momentum for the establishment of free power trade in Thailand.

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BUSINESS

Grab cutting 11% of workforce

Published on 20/06/2023

» SINGAPORE: Singapore-based Grab Holdings, Southeast Asia’s leading ride-hailing and food delivery app, is cutting 1,000 jobs, or 11% of its workforce, its CEO said on Tuesday, citing the need to manage costs and ensure more affordable services long-term.

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BUSINESS

Drowning in debt

Business, Post Reporters, Published on 19/06/2023

» Household debt has long been a concern for Thailand, impeding consumer spending and hindering economic growth.

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BUSINESS

AIS introduces new cyber index

Business, Komsan Tortermvasana, Published on 17/06/2023

» Advanced Info Service (AIS), in partnership with King Mongkut's University of Technology Thonburi (KMUTT) and experts in various fields, launched the Thailand Cyber Wellness Index (TCWI) yesterday, dubbed an open data source that measures digital skills nationwide.

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BUSINESS

Asia’s gamblers cheer wave of legalisation

Bloomberg News, Published on 14/06/2023

» MACAU: In a sea change for the traditionally conservative region, some of the biggest tourism spots in Asia and the Middle East are moving toward building or allowing their first casinos, raising competitive pressure on existing hubs like Macau.