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Search Result for “high excise tax”

Showing 111 - 120 of 448

BUSINESS

Tariffs to hit tourism sentiment

Business, Molpasorn Shoowong, Published on 09/04/2025

» The ongoing stock market slump fuelled by US tariffs could impact domestic tourism sentiment for the rest of the year, including next week's Songkran holiday, with fewer last-minute hotel bookings and tour groups.

BUSINESS

Weak baht ‘not enough to drive tourism’

Molpasorn Shoowong, Published on 04/04/2025

» A weak baht is not enough to offset the other negative factors affecting Thailand’s tourism industry, as most Asian currencies are facing similar declines following news of US tariff increases, say travel agents.

BUSINESS

Upheaval leads to slower bookings, cancellation queries

Business, Molpasorn Shoowong, Published on 01/04/2025

» Friday's earthquake has struck the Thai tourism industry, leading to slow bookings for the upcoming Songkran holiday, while airlines have started receiving inquiries for refunds and cancellations.

BUSINESS

Bangkok Airways keen on passenger numbers

Business, Molpasorn Shoowong, Published on 29/03/2025

» Bangkok Airways is aiming for a post-pandemic high of 4.7 million passengers this year, based on optimism about Thai tourism driven by interest in HBO's The White Lotus TV series.

PROPERTY

Minor Hotels to add 2 new brands to portfolio

Business, Molpasorn Shoowong, Published on 26/03/2025

» Minor Hotels is planning to add at least two new brands to its portfolio this year, while upgrading the new master brand identity for the group.

SUSTAINABILITY

Cooperation key to Central's sustainability push

Business, Molpasorn Shoowong, Published on 25/03/2025

» Central Group insists that sustainability initiatives require collaboration between key stakeholders, as sustainable development will likely be impacted by the US presidency of Donald Trump.

SUSTAINABILITY

Tourism goes green

Molpasorn Shoowong, Published on 24/03/2025

» Tourism is not only a major driver of Thailand’s economy, but also an avenue to transform the country into a sustainable destination for locals and visitors.

BUSINESS

Thailand expects more Chinese tourists in May

Business, Molpasorn Shoowong, Published on 11/03/2025

» While the Chinese market continues to contract, declining 12% year-on-year during the first two months amid economic issues and tourism safety concerns, the Tourism Authority of Thailand (TAT) expects an uptick in May during China's Labour Day holiday.

BUSINESS

Thai tourism trade unfazed by security warnings

Molpasorn Shoowong, Published on 04/03/2025

» Only a short-term impact is expected after several countries warned their citizens to exercise caution in Thailand following the deportation of 40 Uyghurs back to China, while tourism operators say cyber-scams are a greater concern.

BUSINESS

Centara to invest B15bn in hotels

Business, Molpasorn Shoowong, Published on 01/03/2025

» Centara Hotels & Resorts (CHR) plans to invest 15 billion baht in hotels over the next three years, while targeting revenue of 15.5 billion baht in 2025.