Tourism Authority of Thailand Survey Reveals Rises in Tourist Spending
PRESS RELEASE:
A Tourism Authority of Thailand (TAT) survey has revealed that foreign tourists have increased their spending on accommodation post-pandemic, showing a preference for luxury hotels or resorts despite higher airfares.
The survey, which involved...
Airports of Thailand to Invest 210 Billion Baht in Six Thai Airports
National—
On March 2nd, 2024, Airports of Thailand PCL (AOT) expedited the development of six Thai national airports with an estimated investment of 210 billion baht in accordance with Thai government policies to make...
Thailand to Become Aviation Hub
PRESS RELEASE:
Prime Minister Srettha Thavisin has introduced Thailand Vision, pledging to elevate Thailand as a key aviation hub in the Asia-Pacific region.
He revealed plans to elevate Thailand's airports, aiming to restore Suvarnabhumi Airport's status...
Thailand and Kazakhstan to Strengthen Ties with Upcoming MoU
PRESS RELEASE:
Thailand and Kazakhstan are on the verge of signing a memorandum of understanding (MoU) this April to broaden their bilateral relations, with a focus on enhancing trade, investment, and tourism.
Deputy Foreign Minister Jakkapong...
Thai Prime Minister Surprise Visits Suvarnabhumi Airport
National—
On February 24th, 2024, Thai Prime Minister Srettha Thavisin posted a message on X regarding an unofficial evening visit to Suvarnabhumi Airport without prior announcements to inspect airport services.
Srettha stated that he visited Suvarnabhumi...
Bangkok Airways Reports Stellar Growth in 2023
National—
On February 24th, 2024, Mr. Puttipong Prasarttong-Osoth, the President of Bangkok Airways Public Co., Ltd., publicly revealed a continuous recovery rate of the aviation industry in the 4th quarter of 2023, as a result...
Thailand Adjusts Excise Taxes on Local Liquor to Boost Tourism, Mixed Reactions from Industry
National—
On February 23rd, 2024, Mr. Ekniti Nitithanprapas, the Director General of the Excise Department, publicly announced the adjustment of excise taxes and duties structures on local liquor effective on February 23rd to promote Thailand...
711 in Thailand Reports Record Income of 399 Billion Baht in 2023, Announces Expansion...
National
On February 23rd, 2024, CP All Plc., publicly revealed business profit results for 2023 for Seven-Eleven in which the convenience stores had an overall income of 399 billion baht, having a gross profit of...
Thailand Sees Surge in Condo Purchases Among Foreign Buyers
PRESS RELEASE:
Reports have indicated that the Thai real estate market in 2023 witnessed a significant increase in condominium transactions by foreigners, with a total of 49,250 units sold from developers' projects.
Data notably showed that...
Suvarnabhumi Airport Boosts Capacity With New Runway
PRESS RELEASE:
Transport Minister Suriya Jungrungreangkit has revealed that Suvarnabhumi Airport's operational capacity is expecting a significant increase with the anticipated completion of its third runway in July.
According to Suriya, the expansion is expected to...