Showing 11 - 20 of 120
Hotel tycoon Bill Heinecke wants to charge tourists more to fund recovery
Bloomberg News, Published on 08/11/2022
» Bill Heinecke, the Thai-American chairman of Minor International Pcl that runs more than 500 hotels worldwide, wants Thailand to allow hotels to charge international tourists a surcharge of 300 baht (US$8) per room night to fund the industry’s post-Covid-19 pandemic recovery.
Flooding damages crops, risks tourism recovery
Bloomberg News, Published on 04/10/2022
» Thailand is battling the worst flooding in years with a large swathe of its crop land inundated by seasonal storms and swollen rivers, threatening to fuel food prices and hinder a nascent tourism recovery.
Jack Ma gives up power, escapes Beijing’s crosshairs
Bloomberg News, Published on 29/07/2022
» Jack Ma is taking a weeks-long tour in Europe after largely disappearing from public view for almost two years, adding to signs that China’s government is easing pressure on the entrepreneur as he steps back from a business empire that had made him one of the country’s most powerful people.
Tourism jump to power growth to 5-year high in 2023: Prayut
Bloomberg News, Published on 02/08/2022
» A faster-than-expected rebound in international visitors is putting Thailand’s economy on course to return to pre-pandemic growth by next year, according to the prime minister.
Cannabis market seen growing to B43bn by 2025
Bloomberg News, Published on 21/07/2022
» The combined market for marijuana and hemp in Thailand will expand by about 15% annually through 2025, when it 9is likely to reach 43 billion baht, creating opportunities for growers and small businesses, according to the University of Thai Chamber of Commerce.
Govt at odds with Bank of Thailand over raising rates
Bloomberg News, Published on 15/06/2022
» Government leaders are publicly making a case for keeping interest rates lower for longer, a call that is putting them at odds with the nation’s monetary policy makers who are keen to raise borrowing costs sooner to keep inflation from overheating.
Thailand may join with Vietnam to control rice trade
Bloomberg News, Published on 27/05/2022
» Thailand and Vietnam should jointly raise rice prices to boost their bargaining power in the global market, according to Prime Minister Prayut Chan-o-cha, a move that threatens higher food costs for consumers worldwide.
Govt to promote medical tourism in post-Covid era: Prayut
Bloomberg News, Published on 19/05/2022
» Thailand aims to lure more foreign visitors in the post-Covid period by promoting itself as a medical tourism hub, building on its good track record of handling the Covid-19 pandemic, Prime Minister Prayut Chan-o-cha said.
Inflation spike may tilt odds in favour of early rate hikes
Bloomberg News, Published on 29/04/2022
» Retail inflation is poised to accelerate from a 13-year high with the government lifting a freeze on some retail fuel prices, boosting the odds for the Bank of Thailand (BoT) to pivot away from its pandemic-era monetary policy accommodation.
Less rice for same price: inflation bites Asia
Bloomberg News, Published on 13/04/2022
» Profits at Ma Hong's spicy hotpot restaurant have been squeezed by about a fifth since he opened in downtown Beijing last year, crushed by beef tripe prices that have shot up by more than 50% and the surging costs of other key ingredients.