Industries

Thai economy faces upheaval due to factory closures and cheap Chinese imports

When Chinese electric vehicle maker BYD opened its first Southeast Asian factory in Thailand earlier this month, the nation of 66 million people basked in the limelight and won praise for its industrial vision.What, however, received less attention was an announcement by another big automobile ...

Thailand puts forward six proposals to boost ASEAN tourism

The Thai cabinet has approved six proposals by the Minister of Tourism and Sports to build up regional partnership in promoting tourism of the Association of Southeast Asian Nations (ASEAN).According to Minister of Tourism and Sports Sudawan Wangsuphakijkosol, the proposals will be presented at the ...

TAT sets THB3.5 trillion target for 2024, will boost domestic tourism

The Tourism Authority of Thailand (TAT) wants to reduce dependency on any single market, while it is working on increasing the average spending of tourists.As part of the efforts, the TAT aims to stimulate tourism in secondary cities.TAT Governor Thapanee Kiatphaibool revealed that it has ...

The Nation Reporter

Survey: Thailand’s industrial readiness lagging

Thailand’s industrial readiness score is 2.8 out of 6, according to a new survey, while the ultimate goal is to accelerate the rate to 4 or higher.The first survey report on Thailand’s Industry 4.0 readiness in 2023 has been unveiled by The Sustainable Manufacturing Centre ...

The Nation Reporter

Sluggish spending delays tourism recovery

Despite 20 million foreign arrivals in the first nine months of the year, the tourism index has still plunged below the regular rate as operators witnessed sluggish spending due to global economic concerns and a high level of household debt, according to the Tourism Council ...

Bangkok Post Reporter

Govt eyes economic boost from health and wellness tourism

The government is promoting health tourism and related products and services in a new campaign to get overseas visitors to spend at least 18 million baht by this September. The “Discover the New You!” campaign is backed by the Tourism Authority of Thailand (TAT) and more ...

Bangkok Post Reporter

10 million tourists arrive in Thailand since January

Almost 10 million foreign tourists have visited Thailand this year, generating 391 billion baht in revenue, deputy government spokesperson Traisulee Traisoranakul said on Saturday.Tourist arrivals between January 1 and May 15 totalled 9.47 million, Traisulee said. Most were from East, South, and Southeast, she added.The ...

The Nation Reporter

Tourism to limit economic pain as new government awaited

Thailand has not been spared the political uncertainty that usually comes with elections, yet foreign tourists returning by the millions this year are counted on to help shield Southeast Asia’s second-largest economy. The influx of visitors — totalling 6.5 million in the first quarter of 2023 ...

Thailand records 8.6 million foreign tourist arrivals in Jan-April

Thailand received 8.6 million foreign arrivals in the January-April period, with spending of 353 billion baht (US$10.45 billion), a government official said on Friday.The government expected more than 520,000 foreign tourists in the week of May 1-7, government spokesperson Anucha Burapachaisri said in a statement. ...

Thailand promotes sustainable tourism

To realise its climate commitments, Thailand is beginning to shift to a Bio-Circular-Green (BCG) economic model that balances promoting economic growth and protecting the natural environment.The government has outlined an “Environment Map” to promote the smart use of natural resources and reduce the impacts of ...

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