FILTER RESULTS
FILTER RESULTS
close.svg
Search Result for “high excise tax”

Showing 1 - 10 of 10

BUSINESS

Strong baht may crimp bookings

Business, Molpasorn Shoowong, Published on 22/01/2026

» With the baht strengthening against the US dollar, surpassing 31 to the greenback for the first time in almost five years, it should impact forward bookings for the next few months and during the low season, discouraging tourist spending.

BUSINESS

IHG to add nearly 40 hotels to Thai portfolio in 3-5 years

Business, Molpasorn Shoowong, Published on 21/01/2026

» Thailand still has an undersupply of hotel rooms, according to international chain IHG Hotels & Resorts, which aims to add nearly 40 hotels here in 3-5 years, adding the next government should address the strong currency.

BUSINESS

War room touted amid Vietnam rivalry

Business, Molpasorn Shoowong, Published on 20/01/2026

» Thai hotel operators warn that competition with Vietnam will become fiercer this year, as more European and Russian tourists are expected to flock to the neighbouring country.

BUSINESS

Thailand Privilege Card vows to uphold strict screening

Business, Molpasorn Shoowong, Published on 17/01/2026

» Thailand Privilege Card (TPC) has pledged not to allow individuals with suspicious backgrounds or links to grey businesses to use its membership as a cover, and is preparing to discuss with the government ways to mitigate the impact of new tax measures on long-stay foreigners with overseas income.

BUSINESS

Industrial Estate Authority of Thailand chief eyes strategic reboot

Business, Molpasorn Shoowong, Published on 14/01/2026

» The next government is urged to reform investment strategy and streamline working processes to lift economic growth, including attracting high-value sectors such as wellness tourism, high-tech industry and green infrastructure.

BUSINESS

Tourists head to eastern provinces despite conflict

Business, Molpasorn Shoowong, Published on 10/01/2026

» Eastern provinces recorded an increase in tourist visits last year despite the border conflict with Cambodia, driven by domestic trips, although fewer international tourists put pressure on revenue.

BUSINESS

Phuket nightspot operators want crackdown on illegal operations

Molpasorn Shoowong, Published on 08/01/2026

» With the recent bribery case regarding entertainment operators in Phuket resurfacing, the private sector urged a crackdown on illegal operations such as staying open late for nightlife venues as well as unlicensed accommodations, which tarnish the tourist island’s reputation and deprive the government of tax revenue.

BUSINESS

Event organisers still buoyant

Business, Molpasorn Shoowong, Published on 05/01/2026

» Despite Vietnam's massive investment in new venue infrastructure, event organisers in Thailand remain confident the country can still compete for event and festival tourism, banking on a variety of venues and its ability to attract both high-spending attendees and repeat visitors.

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

UFO festival on Thailand tourism calendar in 2026

Business, Molpasorn Shoowong, Published on 25/12/2025

» The Tourism Authority of Thailand (TAT) has announced events to increase spending during the year-end and the first quarter next year, starting with “Amazing Thailand” Ambassador Lisa and a UFO festival, in a bid to increase international arrivals by at least 10% in 2026.