Tourism Industry Fears Revenue Plunge Caused by China Travel Ban
BANGKOK — Thailand’s lucrative tourism industry is bracing for a severe slump in revenue after China suspended all outbound group tours in an effort to contain the outbreak of the novel coronavirus, trade guild representatives said Monday.
Tourism Chief Shoots Down Cash Handout Plan for Foreigners
BANGKOK — A senior tourism official on Friday denied news reports that the government is preparing to extend its cash giveaway program to include foreign visitors.
Potential Winner of New China-US Trade Deal: Thailand
BANGKOK (AP) — The trade agreement signed by President Donald Trump and Beijing’s lead trade envoy comes amid seismic shifts in supply chains and investment hastened by the tariff war that began in 2018.
December Consumer Confidence Index Lowest in 68 Months
BANGKOK (Xinhua) — A Thai academic institution released a report indicating that Thailand's consumer confidence index was at 68.3 in December, the lowest level in 68 months from May 2014.
Thailand’s 2020 Exports Expected to Shrink up to 2.4%
BANGKOK (Xinhua) — Thai exports this year is expected to shrink by 0.9-2.4 percent this year, said a Bangkok academic institution on Tuesday in a news briefing.
Japan Pledges Support for Thailand Joining Pacific Trade Pact
BANGKOK (Kyodo) — Japanese Foreign Minister Toshimitsu Motegi promised on Tuesday to help Thailand join a trans-Pacific free trade agreement at an early date.
At a Popular Shrine, New Year Prayers Echo Politics, Money Anxieties
BANGKOK — Many Thais spent the last hours of 2019 flocking to the much revered City Pillar Shrine where they pray for a better life next year – even as they express dire outlook for politics and money matters in the year 2020.
Gov’t Plows Ahead With New Law Allowing Farmers to Grow 1 Rai of Hemp
A New Year present in the making for Thai farmers is a new public health ministry regulation that would permit private cultivation of hemp.
More Tourists, Less Spending for 2019 New Year’s Eve Season
BANGKOK — More holidaymakers are headed to Thailand to bid farewell to 2019 than the same period last year, though they are expected to spend less per person, a senior tourism official said Thursday.
Court Fines Philip Morris $39.7 Million for Tax Evasion
BANGKOK (AP) — A court in Thailand on Friday found the local unit of tobacco giant Philip Morris guilty of evading taxes by under-declaring the value of cigarettes it imported from the Philippines. It ordered the company to pay a fine of 1.2 billion baht ($39.7 million).
