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Index Living Mall eyes Furinbox growth
Business, Narumon Kasemsuk, Published on 19/03/2024
» Despite a high mortgage rejection rate in the low-income segment, SET-listed Index Living Mall (ILM) saw this group become one of the fastest-growing segments last year, prompting the company to expand its brand to be competitive through the sale of non-branded furniture and affordable products made in China.
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Tourism sector demands more help
Business, Narumon Kasemsuk, Published on 30/08/2023
» The sluggish economies in China and Japan as well as an unequal tourism recovery that favours large operators are seen as the the most critical challenges for the new government by tourism operators.
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TAT optimistic about reaching long-haul market target
Business, Narumon Kasemsuk, Published on 13/04/2023
» Stronger air traffic in the summer, with a projection of more than 98,000 flights, should help each long-haul market to exceed 1 million visitors by the end of this year, according to the Tourism Authority of Thailand (TAT).
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Chiang Mai frets, holding its breath
Business, Narumon Kasemsuk, Published on 15/03/2023
» Chiang Mai tourism operators are anxious, hoping the province's unsafe levels of PM2.5 air particle pollution subsides later this month as the Songkran holiday draws near.
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Weaker baht hits travel
Business, Narumon Kasemsuk, Published on 27/09/2022
» Outbound Thai travel is expected to stay subdued as a result of the weak baht, poor purchasing power and cryptocurrency losses, despite the reopening of Japan and Taiwan.
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TCT says local industry lagging
Business, Narumon Kasemsuk, Published on 17/08/2022
» Thai tourism is lagging behind neighbouring countries in terms of tourism development and practical solutions to cushion the impact of the prolonged Covid-19 pandemic, geopolitical tensions and economic setbacks, according to the Tourism Council of Thailand (TCT).
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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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Global economy to hit Thai tourism
Business, Narumon Kasemsuk, Published on 19/07/2022
» The Tourism Authority of Thailand (TAT) forecasts revenue of 1.2-2.38 trillion baht next year, according to its new 2023 strategy, but this is likely to be challenged by global inflation and rising interest rates, with spending already taking a hit.
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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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Airlines nearing brink of collapse
Business, Narumon Kasemsuk, Published on 22/07/2021
» Over 20,000 employees from seven airlines are on the verge of losing their jobs if the ban imposed on domestic flights is prolonged to three months without help from the long-awaited 5-billion-baht soft loan from the government, according to the Airlines Association of Thailand (AAT).
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