Ministry To Regulate 'New Year Gift Basket'
(7 December) The Ministry of Commerce has confirmed it will not approve commodity price hike during New Year period in order to prevent gift shops from raising the prices of their goods, Prachachat has reported.
Many Thais Facing Unemployment Risks: Academic
(6 December) Many Thais are facing risks of unemployment due to the slowdowns in global and domestic economies, according to Deputy Director of the Centre of Economic and Business Forecast, University of Thai Chamber of Commerce.
Financial Ties With East Asia Grows Despite Protests
(5 December) In spite of the ongoing political crisis which has affected Thailand′s tourism industry and other revenues, a number of Thai property developers is enjoying greater ties with investors from East Asian nations.
Citing Protests, Thai Airways Lowers Revenue Goals
(4 November) Thai Airways International is planning to revise its annual revenue goal due to the political crisis that has greatly affected influx of air travels into Thailand, said its president, Mr. Sorajak Kasemsuwan.
Protests Cost Thai Tourism 'Over 25 Billion Baht'
(3 December) Thailand′s tourism industry is expected to lose over 25 billion baht in revenues due to the prolonged protests against Prime Minister Yingluck Shinawatra, which turned violent in recent days.
Private Sector Alarmed By Political Turmoil
(27 November) Prominent representatives of private sector urges all political factions to end the ongoing turmoil to avoid possible risks in economic slowdown after foreign investors shows sign to withdraw their investment in Thailand.
Officials Scrambling To Ward Off Russian Boycott
(21 November) Following a boycott threat by the Russian tourism business federation, Thai officials are coordinating efforts aimed to improve safety standard for foreign tourists in the country.
Russian Tourism Group Threatens Thailand Boycott
(20 November) The Russian Union of Travel Industry (RUTI) has urged the Thai authorities to improve safety for Russian tourists in Thailand or face a boycott from its members.
Battle Between Banks And Skimmers Continues
(19 November) The spree of ATM frauds which, according the police estimate, has illegally funneled over 1 billion baht from numerous bank accounts in recent months has unnerved many Thais, reports Prachachart.
Another 13 Million Baht Loss For Chao Phraya Express Boats
(19 November) Chao Phraya Express Boat Company, which operated the public boat routes along Chao Phraya River in Bangkok, is expecting a total loss of 26 million baht at the end of this year.
