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Thailand ready to tap busy Muslim travel market

Halal tourism is one of the fastest-growing tourism sectors, with faith-based needs and behaviour from Islamic travellers gaining, according to the Global Muslim Travel Index (GMTI) 2019, an annual survey by Mastercard and CrescentRating.  In its fifth edition, the GMTI revealed robust growth in the market and named Thailand as a friendly country for Muslim travellers.  […]

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Bangkok climbs up rankings on living costs

BANGKOK has been ranked the 63rd most expensive location in a cost of living survey for expatriates.  The survey, published by ECA International, also found that Singapore has experienced a significant rise in the rankings, becoming the 12th most expensive location in the world for expatriates.  “We have seen the cost of living in Thailand […]

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Thailand: Strong baht to deliver Bt66 bn hit

THE strengthening baht could wipe as much as Bt66 billion off the value of Thailand’s exports this year, research shows. After a rocky start to the year, the outlook for exporters is set to worsen, according to the research unit of TMB Bank, which points to the monetary easing of central banks in major economies […]

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US looks for Thai 5G entry point

The US Commerce Department is exploring business opportunities and cooperation to promote US-based tech firms to expand investment in Thailand’s telecom sector, especially for 5G wireless broadband tech adoption.  Supot Tiarawut, secretary and director of the Telecommunication Association of Thailand (TCT), said a US Commerce Department official and his team asked the TCT to provide updates on […]

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Thailand: NESDC worries about trade row’s impact on ‘fragile’ sector

The National Economic and Social Development Council (NESDC) is fretting over tourism prospects because the mounting trade row between the world’s two largest economies could affect the industry, which makes up about 20% of the country’s GDP.  Thosaporn Sirisamphand, the NESDC’s secretary-general and chairman of the Tourism Authority of Thailand (TAT) board, said the agency is […]

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Thailand: Vehicle sales up 3.7% in sluggish May

Car sales growth is likely to slow in the second half as the local market sees fewer model launches to attract buyers and the political picture remains opaque to car makers, says the automotive industry club of the Federation of Thai Industries (FTI).  Surapong Paisitpatanapong, the club’s spokesman, said May car sales grew at a slower […]

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