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Search Result for “plunge”

Showing 1 - 10 of 375

BUSINESS

Gold prices continue magic ride

Business, Nareerat Wiriyapong and Nuntawun Polkuamdee, Published on 22/01/2026

» The baht is likely to appreciate further after it broke 31 to the US dollar to touch its highest level in nearly five years on Wednesday, as gold prices edged towards a once-unthinkable target of US$5,000 per ounce, say currency and gold traders.

BUSINESS

Industrial confidence falls in December

Business, Lamonphet Apisitniran, Published on 22/01/2026

» The Thai Industries Sentiment Index (TISI) fell to 88.2 in December, from 89.1 points the previous month, due to growing concerns over the impact of a general election and a plunge in border trade with Cambodia and Myanmar, says the Federation of Thai Industries (FTI).

BUSINESS

Tourism still a stalled engine

Business, Molpasorn Shoowong, Published on 29/12/2025

» In 2025, the Thai tourism industry faced its first contraction since the pandemic, with several setbacks consistently hampering tourist confidence.

BUSINESS

Tourism Authority of Thailand expects drop in New Year revenue

Business, Molpasorn Shoowong, Published on 26/12/2025

» Tourism receipts during the New Year holiday are expected to plunge by 2-9% year-on-year due to the border conflict and flooding in the South, while outbound travel remains strong, supported by the strength of the local currency.

BUSINESS

Cooling US inflation boosts risk appetite

Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 20/12/2025

» RECAP: Asian stocks tracked gains on Wall Street as cooling US inflation backed the case for more Federal Reserve interest-rate cuts and worries about tech valuations eased.

BUSINESS

TAT seeks 6.7m Chinese arrivals in 2026

Business, Kuakul Mornkum, Published on 19/12/2025

» The Tourism Authority of Thailand (TAT) aims to restore the Chinese market to 6.7 million arrivals in 2026, rolling out more partnerships to offset a sharp plunge this year, including a letters of intent (LOIs) signed with a Chinese travel agent and the Haikou tourism authority.

BUSINESS

Bureau seeks B175m to revive Mice sector in South

Business, Molpasorn Shoowong, Published on 05/12/2025

» The Thailand Convention and Exhibition Bureau (TCEB) has asked the cabinet to allocate 175 million baht to revive the Mice (meetings, incentives, conventions and exhibitions) sector in flood-affected southern Thailand.

BUSINESS

Phuket arrivals prove to be resilient

Business, Narumon Kasemsuk, Published on 12/11/2025

» A mix of Asian and European markets has helped Phuket outpace the rest of the country in terms of tourism recovery, with arrivals during the first 10 months up year-on-year, while hotels have maintained room rates and occupancy during the current high season.

PROPERTY

Interest evergreen for prime real estate

Business, Kanana Katharangsiporn, Published on 06/11/2025

» Despite a 41% plunge in the total value of land transactions nationwide -- the lowest in 15 years and occurring during an economic slowdown -- land prices in Bangkok's central business district (CBD) continued to climb, with Sukhumvit recording the sharpest increase at 10%.

BUSINESS

Excess supply seen in capital

Business, Kanana Katharangsiporn, Published on 23/10/2025

» Hotels in Greater Bangkok should brace for an influx of new supply while average occupancy rates declined, contrary to rising figures in other regions, according to the Real Estate Information Center (REIC).