Thai Stock Market May Erase Tuesday’s Losses The Thai stock market on Tuesday snapped the four-day winning streak in which it had gathered more than 30 points or 1.8 percent. The Stock Exchange of Thailand remains just beneath the 1,655-point plateau although it figures to rebound on Wednesday. The global forecast for the Asian markets suggests mild…
Thailand #1 for Chinese travellers heading overseas for Chinese New Year Thailand, Japan and Singapore are topping the lists for Chinese travellers this Chinese New Year. The data comes from Hotelbeds.com, a leading accommodation booking platform. The website identified the top 10 international destinations for Chinese travellers for this year’s seven-day Chinese New Year holiday that…
Thailand welcomed 38 million foreign visitors last year, raking in more than two trillion baht from tourism. Tourism and Sports Minister Weerasak Kowsurat, says the government’s tourism measures have contributed to a 21% year-on-year increase in the country’s tourism revenue as Thailand generated 2 trillion baht last year and saw no fewer than 38 million…
The Fiscal Policy Office reports that last year’s economic growth could hit the 4.1% mark, expecting the Thai GDP to expand at a rate of 4% this year. Estimating last year’s economic figures ahead of an official announcement, Director of the Fiscal Policy Office (FPO), Lawaron Sangsanit, said today that Thailand’s 2018 GDP growth would…
Thailand welcomed a record 38.27 million tourists in 2018. That’s up 7.5 percent from 2017 arrival figures. The Thai tourism ministry announced the figures this morning. In December, tourist arrivals amounted to 3.85 million. The ministry is also expecting the number of tourists visiting Thailand in 2019 to increase by another 7.5 percent. For 2019, the ministry…
Being an expat in Thailand you’ll go through plenty of phases – from excitement, to astonishment, to bewilderment, to acceptance – it’s all an exciting journey, and will rarely go to plan. But that’s why so many of us love living in Thailand. There are some particular sub-sets of Thai expat we can spot a…
PHOTO: Thailand Tourism Forum 2019 One of the key points made at the recently concluded Thailand Tourism Forum 2019 in Bangkok, was the country’s over reliance on mass tourism. Jesper Palmqvist of STR presented full year hotel data for Phuket which showed signs of recovery, yet highlighting the full impact of the drop in Chinese…
Although Thailand’s tourism industry faced some headwinds in 2018, with the world economy slowing and a boat disaster in Phuket, the country still remains a hugely popular destination. The total number of foreign tourists from the top 10 countries is now accounting for a total of 26.3 million people, or 69% of arrivals in Thailand.…
Thanks to Thailand’s walloping US$207 billion of foreign reserves, Thai baht’s climb of about 5% against the dollar in the past six months is the strongest in the world, according to data compiled by Bloomberg. This may be good news if you plan to travel abroad, but not so good if your business is exporting…
Thailand’s Digital advertising market spend is poised to reach 124 billion baht in 2019. That’s a growth of nearly 5%. But newspapers, magazines, Cable TV and radio are on the nose as marketers stick with terrestrial TV and ramp up their digital portfolios. “Digital media is expected to grow 20% and is will nearly equal…