Thai Hotels Face 170M Baht Losses After FTI Collapse
PRESS RELEASE:
Thai hotels have reported combined losses of 173 million baht following the collapse of the German tour firm FTI Group, a sharp increase from the 111 million baht initially estimated in June.
The Thai...
Chamber of Commerce Confident in Economic Stability Despite PM’s Removal
PRESS RELEASE:
Thailand's economy is expected to remain resilient despite the recent Constitutional Court ruling that removed Prime Minister Srettha Thavisin and his Cabinet from office. The court's 5-4 decision has caused short-term concerns about...
Thai Hotels Seek German Embassy Help After FTI Collapse
PRESS RELEASE:
Thai hotel operators are seeking support from the German Embassy in Thailand after incurring losses due to the bankruptcy of German tour company FTI Group.
The collapse of FTI, Europe's third-largest tour operator, has...
Cabinet Approves 433M Baht Boost for Tourism Campaigns
PRESS RELEASE:
The Cabinet has approved a 433 million baht budget for the Ministry of Tourism and Sports to enhance tourism during the slower months through digital campaigns and events. Led by the Tourism Authority...
Phuket Announces 2.38 Billion Baht Underpass Project to Ease Traffic at Tha Ruea Intersection
Thalang —
On August 3rd, 2024, Phuket Highways Office Chief Yutthana Phitak announced a new underpass project at the Tha Ruea intersection on the Tha Ruea-Mueang Mai road in Thalang.
The 2.38 billion baht project...
Over 10.5 Million Register for 10,000-Baht Digital Wallet Stipend on Opening Day
PRESS RELEASE:
Over 10.5 million people had registered for the much-awaited digital wallet stipend program within the first six hours of the registration opening earlier today.
Deputy Finance Minister Julapun Amornvivat said this figure exceeded initial...
Phuket Land Prices Significantly Increase, Says Thai Real Estate Research Center
Phuket, Thailand – Land prices on the island of Phuket have experienced significant growth, defying the overall economic climate. Mr. Sophon Phonchockchai, President of the Thai Real Estate Research and Valuation Information Center, sheds...
Thai PM Praises Public Confidence as Digital Wallet Initiative Drives App Surge
National —
On July 30th, 2024, Thai Government spokesperson Chai Watcharong announced a significant increase in the usage of the "Thang Raj" application following a detailed briefing on the "10,000-baht Digital Wallet" scheme.
Since July 24th,...
How to Land an English Teaching Job in Phuket
Teaching English in Phuket is a unique and rewarding experience, offering a blend of stunning beaches, vibrant culture, and a welcoming community. Teachers in Phuket enjoy a relaxed island lifestyle while making a positive...
Thai CEOs See Promise in Governments 10,000-Baht Digital Wallet Scheme for an Economic Boost
National —
On July 20th, 2024, big CEOs from famous Thai food and drink industries commented on the current Thai government’s flagship policy “10,000-baht digital wallet scheme” as a potential economic stimulation.
Mr. Nath Vongphanich,...
