Showing 1 - 10 of 35
B1.7bn co-payment scheme encounters inauspicious start
Business, Narumon Kasemsuk, Published on 02/07/2025
» Hotel operators are enmeshed in the slow approval process for the first phase of the 1.7-billion-baht co-payment scheme, while some online travel agents (OTAs) have started to offer even lower prices than the government's subsidy scheme.
Tourism trade needs additional attractions
Business, Molpasorn Shoowong, Published on 23/12/2024
» With Japan's popularity surpassing Thailand due to its weak currency and readiness to accommodate independent tourists, tourism operators are urging the Thai government to focus on adding new attractions and drive supply quality to draw 40 million tourists.
Getting visitors to open wallets
Business, Molpasorn Shoowong, Published on 16/12/2024
» Tourism plays a crucial role in Thailand's economy, contributing greatly to the country's GDP. In a bid to stimulate post-pandemic expenditure, the government is gearing up to attract more luxury and high-spending travellers.
Restaurants worry over New Year disappointment
Business, Kuakul Mornkum, Published on 11/12/2024
» The Thai Restaurant Association anticipates a surge in the restaurant sector during the New Year festive season, driven by holiday travel and tourism.
Thailand's tourism authority banking on 4 niche markets in 2025
Business, Molpasorn Shoowong, Published on 11/12/2024
» The Tourism Authority of Thailand (TAT) has targeted four niche markets for next year: wellness, luxury experience, sports tourism and honeymoons.
CGSI forecasts stagnant first-half for Thai stock market
Business, Nuntawun Polkuamdee, Published on 11/12/2024
» CGS International Securities (Thailand) (CGSI) anticipates Thai stocks will remain lacklustre in the first half of 2025 as investors take a wait-and-see approach to Donald Trump's proposed measures.
Fed expected to slash interest rates next week
Business, Nuntawun Polkuamdee, Published on 09/12/2024
» Analysts are expecting the US Federal Reserve to cut interest rates by 25 basis points (bps) at its Dec 18 meeting, prompting the Bank of Thailand to follow suit in 1-2 months.
Institute offers strategies for growth and development
Business, Phusadee Arunmas, Published on 02/12/2024
» The International Institute for Trade and Development (ITD) is preparing to present the findings of a study on strategies to drive economic growth and development in tourism, agriculture and food, healthcare, and the digital economy.
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.
Medical costs in Thailand surge
Business, Nareerat Wiriyapong, Published on 27/11/2024
» Medical costs in Thailand, which have been skyrocketing since 2020, are projected to increase by another 15% next year, requiring sustainable solutions and joint efforts from individuals, the private sector and the government, say analysts.