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Krungsri Research lowers forecast of number of foreign tourists expected to Thailand this year...

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Bangkok - Krungsri Research lowered its forecast of the number of foreign tourists coming to Thailand this year to 3.3 hundred thousand with an economic expansion overall of 2 percent. According to the forecast, the third...

Thai Excise Department Eyes Alcohol Tax Reduction to Boost Tourism and Consumption

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National— On December 18th, 2023, Mr. Lawan Saengsanit, the Director-General of the Revenue Department, publicly revealed the Thai Excise Department scrutinizing reducing the alcohol tax structure appropriately to support Thailand's tourism sector. Initially, the conclusion would...

THAI Sees 16B Baht Profit Amid Tourism Revival

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PRESS RELEASE: BANGKOK (NNT) - Thai International Airways Plc (THAI) has reported a comeback with a net profit of 16.31 billion baht in the first nine months of 2023, driven by the recovery of the tourism...

Thai government spokesperson says USA suspending trade benefits for some Thai products will not...

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Thailand- A prominent Thai government spokesperson said earlier this week that the USA suspending trade benefits for some Thai products as part of the Generalized System of Preferences (GSP) would not significantly hurt Thai exports. The...

Thai government to provide 4.2 billion baht subsidy to occupational groups affected by government’s...

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National - The Thai Cabinet Committee today, July 13th, has approved a 4.2 billion baht financial remedy for five occupational groups that were crucially affected by strict Covid-19 measures in 10 maximum control provinces, as...

Thai Prime Minister introduces five goals to transform Thailand to become progressive society in...

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National - Prime Minister Prayut Chan-O'Cha this morning, September 22nd, unveiled plans to attract all sectors nationwide to transform the country into a progressive society with a sustainable economy. The Prime Minister stated five main goals for...

Chinese Billionaire Jack Ma Visits Bangkok

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Bangkok, Thailand- Jack Ma, the Chinese billionaire co-founder of Alibaba and Yunfeng Capital, is in Bangkok, and has been touring various popular tourism spots. Jack, 58, has reportedly recently relocated to Japan after a long silence...

Three Million Tourists Visited Samui Island in 2023

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Samui Island, Surat Thani – More than three million people visited Samui Island which generated more than 37 Billion Baht in revenue last year, said Samui tourism authorities. The Samui Tourism and Sports Office reported that...

Thai Government Launches Major Discount Campaign for New Year

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PRESS RELEASE: BANGKOK (NNT) - The Ministry of Commerce is gearing up for a large-scale promotional event in collaboration with over 300 manufacturers, wholesalers, retailers, and convenience stores. The event, hosted as a New Year’s gift...

Instant noodle prices approved to be increased to seven baht per pack, effective tomorrow

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National - The Ministry of Commerce has officially approved the increase of instant noodle prices from six baht to seven baht per pack, effective on Thursday, August 25th. Wattanasak Sueaiam, director-general of the Department of Internal...
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