Affluent tourists from Europe and Russia have filled resorts in Thailand’s southern provinces, causing accommodation prices to rise, already exceeding 2019 levels. Longer stays by European visitors in the first quarter fuelled a surge in accommodation revenue in Thailand’s southern provinces. Room prices set a new record despite a small number of Chinese tourists, the…
Thailand’s national carrier confirmed a deal to purchase 45 Boeing 787 Dreamliner aircraft at the Singapore Airshow. US aircraft manufacturer Boeing Corporation said placing an order for 45 Dreamliner aircraft from Thailand’s national carrier is the largest order in Thai history. “Thai Airways selected the 787-9 to support its long-term strategy to renew and expand…
Thai Prime Minister discusses the resumption of scheduled Thai Airways flights from Moscow to Bangkok with the management of the national carrier Thai Prime Minister Settha Thavisin said he had received information about many Russian tourists wishing to travel to Thailand. However, there are not enough direct flights between the countries for Russians, the Khaosod…
Thailand is offering foreign tourists accident insurance with a coverage of 500,000 baht from 1 January to 31 August 2024 The Thai government has launched a scheme to offer visitors to the kingdom medical insurance covering up to US$14,000 in the event of an accident as the country seeks to attract tourists back after the…
The main problems in Phuket are overpriced prices that do not match the quality of goods and services provided and inadequate infrastructure. Social media users in Thailand have been outraged by the high cost of airfares to Phuket. Ticket prices offered by budget carriers from Bangkok to Andaman Island have soared to 14,000 baht for…
In return for Chinese investment, the Thai government has pledged to subsidise buyers of Chinese electric vehicles up to $2,800 China, which already dominates exports of electric vehicles, has been given a further boost to the industry. An agreement has been reached with the Thai government that will make Chinese-made cars more affordable for consumers…
The Thai government is interested in developing an aviation hub, promoting the tourism industry and visa-free agreements. The Thai government is keen to turn the kingdom into an Asian aviation hub and intends to hold talks with European countries on mutual visa exemption, the Bangkok Post reported, citing a statement by Prime Minister Settha Thaisin….
The Thai authorities have announced new limits, rules, and criteria for VAT refunds for tourists starting 1 January. The Thai government has unveiled updated rules on VAT refunds for tourists. The new rules, effective from 1 January, expand the conditions for refunds and increase the maximum refund amount, The Nation reported. The rules concern the…
The e-commerce giant, which earns its main revenue from shipping goods, has decided not to chase turnover and improve the profitability of the company. Lazada Thailand plans to change management and lay off or reassign between 30 and 50 per cent of its employees to more suitable positions in various divisions of the company, a…
Escalating conflict in the Middle East affects exports and has a negative impact on Thailand’s economy both directly and indirectly. Escalating conflict in the Middle East is negatively affecting Thailand’s economy both directly and indirectly, the Bangkok Post reported, citing a statement by Punpong Nayyanapakorn, head of the Trade Policy and Strategy Office. The Strategic…