Tourism operators are worried about possible protests that could harm the image of the country, while hoping a government is formed as soon as possible. Marisa Sukosol Nunbhakdi, president of the Thai Hotels Association (THA), said if there are any protests following yesterday’s vote for prime minister, they should be peaceful demonstrations the authorities monitor without […]
Read MoreANN/THE STAR – The current ringgit rate would offer a competitive advantage for Malaysia’s exports to the United Kingdom (UK), besides boosting the local tourism industry, said analysts. SPI Asset Management managing director Stephen Innes said a strengthened pound sterling would make Malaysia an attractive and affordable travel destination for UK travellers. “The appreciating pound […]
Read MoreSINGAPORE’S international visitor arrivals climbed to 1.13 million in June, exceeding the one-million mark for the fourth consecutive month and recovering from May’s slight dip. June’s reading was up from the 1.11 million recorded in the preceding month, based on the latest figures from the Singapore Tourism Board (STB) on Friday (Jul 14). It also […]
Read MoreProducers of footwear, travel and leather producers who are the members of two associations in Cambodia have found that the new Law on Taxation promulgated by King Norodom Sihamoni on May 16, 2023, would provide economic benefits to them after they attended a workshop, according to a press statement of the General Department of Taxation […]
Read MoreInvestors are urged to hold some cash amid the political uncertainty and demonstrations, while any outcome from the parliamentary vote for prime minister will be positive for the stock market because it would provide clarity about Thai politics, say analysts. Asia Plus Securities (ASPS) recommends investors hold some cash at this time as the Thai stock […]
Read MoreThe University of the Thai Chamber of Commerce (UTCC) expects a prolonged delay in the selection of a prime minister and formation of a new government, leading to protests that, if violent, will significantly affect tourism revenue, causing a loss of 500 billion baht, or a one percentage point decline in GDP. Thanavath Phonvichai, president of […]
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Thailand
