Expanding air traffic to the region could lead to lost travel opportunities for Thailand in the future as tourists fly directly to Cambodia, Laos, Myanmar and Vietnam (CLMV), say foreign tourism buyers at the Thailand Travel Mart Plus in Chiang Mai yesterday. Travel to the Mekong region is growing thanks to greater air access and […]
Read MoreThe Finance Ministry is set to trim the excise tax for reduced sugar drinks in an attempt to encourage people to consume healthier products and prompt makers to reduce sugar content, says a source at the Finance Ministry. Drinks that contain less sugar than the Finance Ministry’s threshold will be levied a lower excise tax than […]
Read MoreThai AirAsia (TAA) is breaking into Bangkok Airways’ long-held monopoly on Bangkok-Maldives air services, knocking down the high fare barrier in the process. TAA, Thailand’s largest low-cost carrier, is to launch a daily non-stop service on Aug 11 with an introductory fare that is a fraction of what is charged by Bangkok Airways. TAA’s introductory […]
Read MoreWith an executive leadership transition in Thailand, US carmaker General Motors says its business strategy remains on course, focusing only on pickup trucks and sport utility vehicles (SUVs) in the Thai market. Yesterday, GM International announced the appointment of Sumito Ishii, managing director of GM Vietnam, as interim managing director of GM Thailand and Chevrolet […]
Read MoreThe Treasury Department is set to cut rental fees for land in special economic zones (SEZs) as a way to draw private investment, the department’s new chief says. The plan is to relax some conditions for developing state land for SEZs in the next round of auctions, Patchara Anuntasilpa said in his first interview with […]
Read MoreBANGKOK: International tourist arrivals in Thailand rose 4.6 percent in May from a year earlier, with revenues up 6.9 percent, but a strong baht could impact the lucrative industry, the tourism and sports ministry said. The number of foreign tourists stood at 2.59 million in May, led by visitors from China, Malaysia, India, Russia and […]
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