Showing 1 - 10 of 27
Thai tourism trade unfazed by security warnings
Molpasorn Shoowong, Published on 04/03/2025
» Only a short-term impact is expected after several countries warned their citizens to exercise caution in Thailand following the deportation of 40 Uyghurs back to China, while tourism operators say cyber-scams are a greater concern.
Lending reforms to aid real estate firms in 2025
Business, Molpasorn Shoowong, Published on 03/12/2024
» While Thailand's real estate sector should remain stable next year, developers are upbeat about the possibility of easing loan-to-value (LTV) measures to help the sector, particularly the middle-income segment, according to Pruksa Real Estate.
Economic concerns poised to curb the domestic tourism market
Business, Molpasorn Shoowong, Published on 27/11/2024
» The increase in consumer loans and rising mortgage defaults are concerns for the domestic tourism market through next year, meaning that short-term promotions such as those for festivals and events might not help, according to tourism operators.
Tourists' Visa spending surges 90%
Business, Molpasorn Shoowong, Published on 30/10/2024
» Inbound tourists' spending on Visa credit cards this year is expected to be 90% higher than the 2019 level, a higher rate than that of Thai travellers overseas, who were hampered by a sluggish economy.
Cutie 'Moo Deng' woos public to Si Racha, Chon Buri
Business, Molpasorn Shoowong, Published on 01/10/2024
» The popularity of pygmy hippo "Moo Deng" has helped boost tourism in Si Racha and Chon Buri during the low season, with stronger tourist flows anticipated in October thanks to the school break.
Economy depresses visitor numbers at city waterpark
Business, Molpasorn Shoowong, Published on 10/09/2024
» Siam Amazing Park has admitted its new retail zone attracted fewer new tenants than expected, mainly attributed to sluggish spending in the domestic market, although the Mice (meetings, incentives, conferences and exhibitions) segment is picking up, thanks to government sector spending.
Thailand eyes B1.8tn in tourism revenue
Business, Molpasorn Shoowong, Published on 02/09/2024
» Thailand is on course to welcome 12.2 million foreign arrivals in the last four months of 2024, lifting annual arrivals to almost 36 million and generating 1.8 trillion baht in revenue this year, according to the Tourism Authority of Thailand (TAT).
Event organisers play both sides
Business, Molpasorn Shoowong, Published on 24/08/2024
» Event organisers and venue operators have urged the government to carefully manage the influx of cheap Chinese goods to protect Thai manufacturers.
Neo Corporate eyes premium, export markets
Business, Molpasorn Shoowong, Published on 17/08/2024
» SET-listed Neo Corporate plans to focus on the premium market and exports for double-digit growth annually over the next five years, after registering revenue growth that beat the market average in all three categories of fast-moving consumer goods (FMCG) last year.
Toshiba unit sets sales growth target at 20%
Business, Molpasorn Shoowong, Published on 08/08/2024
» Toshiba Thailand has targeted 20% growth for the entire year, with more of its product line-up shifting to middle and high-tier products to tackle sluggish spending in the mass market and respond to global economic challenges.