Showing 1-10 of 34 results
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Confidence index underwhelms in first quarter
Business, Molpasorn Shoowong, Published on 12/04/2024
» The tourism confidence index for the first quarter is lower than normal, according to the Tourism Council of Thailand (TCT), attributed to lower revenue for tourism operators and deflation risks.
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Concerts, events hold revenue promise
Business, Molpasorn Shoowong, Published on 08/04/2024
» With an ambitious target to secure 3.5 trillion baht in tourism revenue in 2025, the Pheu Thai-led government faces a tremendous challenge as revenue totalled 2.09 billion last year.
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Dusit suggests more tourism segments
Business, Molpasorn Shoowong, Published on 21/03/2024
» To achieve the government's target of 3.5 trillion baht in tourism revenue this year, Thailand needs to attract more segments apart from leisure travellers to compete with other destinations, said Dusit International.
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Call to boost tourism investment in provinces
Business, Molpasorn Shoowong, Published on 16/03/2024
» With Prime Minister Srettha Thavisin claiming Thailand will be a tourism hub next year, the private sector is worried about a lack of preparations in second-tier cities as high-potential segments such as sports tourism have yet to receive full support.
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Retail sector still sensitive
Business, Molpasorn Shoowong, Published on 11/03/2024
» Despite higher tourist spending and tax incentives to spur purchases, Thailand's retail industry remains fragile, with an influx of substandard goods from China piling pressure on local entrepreneurs.
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CRC unit sees tourism pacing growth
Business, Molpasorn Shoowong, Published on 17/02/2024
» Thailand's food industry should grow 2-3% in 2024, driven by inbound tourists nearing the level tallied in 2019, according to Central Food Wholesale.
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CRC targets 9-11% revenue growth
Business, Molpasorn Shoowong, Published on 13/02/2024
» Central Retail Corporation (CRC) is targeting 9-11% revenue growth in 2024, mainly driven by improved tourism and consumption, while voicing concerns over an influx of cheap imported goods.
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Experts assess fallout from Move Forward Party ruling
News, Molpasorn Shoowong, Published on 01/02/2024
» The Constitutional Court ruling should not affect government stability or the tourism industry, according to Tourism Council of Thailand (TCT) president Chamnan Srisawat.
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TAT calls for extended tourist visas
Molpasorn Shoowong, Published on 30/01/2024
» The Tourism Authority of Thailand (TAT) is asking the government to extend the visa-free stay duration for long-haul tourists, including those from the United States and Europe, to 90 days, aiming to lift long-haul revenue to 40% of the country’s total in 2024.
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China market dents tourism income
Business, Molpasorn Shoowong, Published on 27/01/2024
» Slower growth of Thai tourism receipts in 2023 compared with Asian peers is attributed to the sluggish Chinese market, which flocked to other countries, as well as Thai hotels' inability to adjust their prices.
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