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Search Result for “South Korean tourists”

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BUSINESS

Origin ramps up non-residential push

Business, Molpasorn Shoowong, Published on 21/02/2026

» SET-listed developer Origin Property aims to increase the contribution of non-residential revenue to two-thirds of total profit within 5-10 years, up from an estimated 50% this year, as it diversifies into hotels, services and warehouses.

BUSINESS

Tour operators insist on VAT relief

Business, Narumon Kasemsuk, Published on 20/02/2026

» Outbound tour operators will continue to push for the removal of value-added tax (VAT) from overseas tour packages sold to local travellers, arguing the charge is redundant given other taxes paid at destinations.

BUSINESS

Call for stimulus in border provinces

Business, Narumon Kasemsuk, Published on 19/02/2026

» Executives from seven provinces along the Thailand-Cambodia border met with the House of Representatives' Committee on Tourism to address declining tourism confidence, as their markets remain weak despite relative peace along the dividing line.

BUSINESS

Tourism's 2-speed economy

Business, Narumon Kasemsuk, Published on 18/02/2026

» Tourism is a key industry for Thailand, but over the past decade it has faced a critical challenge: income disparity, with a sharp divide between a handful of major destinations and second-tier locations.

BUSINESS

Phuket up in arms on long‑stay visa

Business, Molpasorn Shoowong, Published on 18/02/2026

» Phuket tourism operators oppose the government's policy allowing foreigners who buy real estate worth 3 million baht to qualify for a long‑stay visa, arguing the investment threshold is too low and could attract "non‑quality" visitors who may engage in illegal activities, as well as risking an increase in property prices, making housing less affordable for local residents.

BUSINESS

Commerce minister calls for more agreements

Business, Kuakul Mornkum, Published on 18/02/2026

» Thailand must strengthen its trading position by promoting mutual benefits and pursuing free-trade agreements (FTAs), says Commerce Minister Suphajee Suthumpun.

BUSINESS

Excise Department set to hit B578bn goal

Business, Wichit Chantanusornsiri, Published on 18/02/2026

» The Excise Department expects its revenue collection for this year to meet its target of 578 billion baht, after revenue collection during the first four months of fiscal 2026 exceeded the target by nearly 5%.

BUSINESS

Council sees tourism as key driver of GDP

Business, Molpasorn Shoowong, Published on 17/02/2026

» The Tourism Council of Thailand (TCT) expects the tourism industry to be a major driver of GDP growth this year as flights and arrivals continue to rebound, though rising untaxed online travel agents and illegal foreign operators continue to limit the full benefits of the rebound.

BUSINESS

Customs mulls duty hike on luxury goods

Business, Wichit Chantanusornsiri, Published on 16/02/2026

» The Customs Department is considering raising import duties on luxury goods to increase government revenue.

BUSINESS

Rethinking the central bank's role

Business, Wichit Chantanusornsiri, Somruedi Banchongduang, Somhatai Mosika and Lamonphet Apisitniran, Published on 16/02/2026

» With Thai economic growth this year expected to sink to its weakest level in a decade, excluding the pandemic shock, Bank of Thailand governor Vitai Ratanakorn recently signalled a possible shift in the central bank's role, seeking more active engagement with problems in the real economy.