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Search Result for “tourism and sports ministry”

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BUSINESS

Cabinet focuses on illicit tour operators

Business, Wichit Chantanusornsiri, Published on 18/03/2026

» The cabinet has instructed the Tourism and Sports Ministry to accelerate efforts to tackle the use of nominees in tourism businesses, including so-called "zero-dollar tours", as they affect the country's tourism industry.

BUSINESS

Sugar cane demand poised to rocket

Business, Lamonphet Apisitniran and Yuthana Praiwan, Published on 18/03/2026

» The Office of the Cane and Sugar Board (OCSB) expects purchases of sugar cane leaves to more than double this year as Thailand reduces its reliance on liquefied natural gas imports, shipments of which have been disrupted by war in the Middle East.

BUSINESS

Oil price spike forecast to slash Thai GDP growth

Business, Wichit Chantanusornsiri, Published on 18/03/2026

» Every US$10 increase in the oil price per barrel is expected to reduce Thai GDP by 0.2 percentage points, according to caretaker finance minister Ekniti Nitithanprapas.

BUSINESS

Thai stocks surge as outlook brightens on Mideast war

Business, Boonsong Lipimas, Published on 18/03/2026

» Stock markets are increasingly pricing in a more positive outlook for the Middle East war following recent signals from the US and oil prices stabilising, while the Thai government has stepped up petrol supply to ensure fuel security.

BUSINESS

Economist signals risk from oil shortages

Somruedi Banchongduang and Wichit Chantanusornsiri, Published on 17/03/2026

» Thailand faces a heightened risk of oil shortages as the country relies more heavily on imported energy than most of its regional peers, according to the research centre of Kiatnakin Phatra Financial Group (KKP).

BUSINESS

Thai hoteliers jittery over energy prices

Narumon Kasemsuk and Molpasorn Shoowong, Published on 17/03/2026

» Hotel operators in Thailand consider high energy prices more troubling than mass cancellations as only one month remains in the high tourism season, resulting in requests for the government to promote domestic travel during the Songkran holiday to help maintain occupancy rates.

BUSINESS

Kinnara Asia expands engagement as cross-border property demand grows in Southeast Asia

Published on 17/03/2026

» Kinnara Asia, a Southeast Asia–focused property marketing and services platform, is strengthening its regional presence as international demand for cross-border real estate opportunities continues to grow. The company recently completed a series of on-the-ground engagements in Indonesia, including meetings with property developers, real estate agencies and local partners in Lombok. The visit forms part of a broader strategy aimed at expanding collaboration across Southeast Asia’s increasingly interconnected property markets.

BUSINESS

Thailand offers Iran food for plastic pellets, fertiliser

Mongkol Bangprapa, Published on 17/03/2026

» Thailand is looking to export food and raw materials to Iran and other Middle East countries in exchange for its ships being allowed to safely bring back cargoes of plastic pellets and fertiliser from the conflict region, according to the commerce minister.

BUSINESS

Vietnam firms vie for crypto licences as Hanoi plans ban on overseas trading

Reuters, Published on 17/03/2026

» HANOI - Vietnamese companies are competing to launch the country's ‌first licensed cryptocurrency exchanges as the government moves to curb trading on overseas platforms in one of the world's most active crypto markets.

BUSINESS

Middle East war: global economic fallout

AFP, Published on 17/03/2026

» PARIS (FRANCE) - Here are the latest economic events in the Middle East war on Monday: