Thai Hotel Operators Welcomed Co-payment Scheme for Expenses

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PRESS RELEASE: Thai hotel operators have welcomed the potential revival of the co-payment scheme for hotel expenses, viewing it as a boost to domestic tourism. The program, discussed by Tourism and Sports Minister Sorawong Thienthong and...

Thai Government Updates Traffic Act with Stricter Alcohol Limits, Extends VAT Reduction to 2025

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National — On September 20th, 2024, the Thai Royal Gazette published a new ministerial regulation on alcohol testing for drivers under the Traffic Act, 2024. This regulation repeals the 1994 and 2017 versions, establishing updated...

Thai Government Allocates 3 Billion Baht for 2024 Flood Relief Efforts in 57 Provinces

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National — On September 17, Ms. Traisulee Traisoranakul, the spokesperson for the Ministry of Interior, announced that the Thai Cabinet approved a central budget of 3 billion baht to provide emergency financial assistance to flood...

Texas Chicken Announces Closure in Thailand, Final Day Set for September 30th

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National — On September 16th, 2024, Texas Chicken, a fast-food chain under PTT Oil and Retail Business (OR), announced that it will close all of its branches in Thailand by September 30th, 2024, after operating...

CentralwOrld Welcomes Gumball 3000

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PRESS RELEASE: 11 September 2024 centralwOrld welcomes Gumball 3000, international supercar rally, with over 100 cars worth over a billion baht making its pitstop on 17 September. Highlighting its reputation as the landmark of world-class events...

Labor Ministry Plans 400 Baht Minimum Wage

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PRESS RELEASE: Labor Minister Phiphat Ratchakitprakarn has revealed that the minimum daily wage could rise to 400 baht nationwide from October 1, despite concerns from business sectors. The increase follows discussions with business operators and...

Domestic Thai Tourism Surges with 160 Million Trips, Tourism Authority Plans Major Promotions Ahead

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National — On September 3rd, 2024, Ms. Somrudi Chitjong, Deputy Governor for Domestic Marketing of the Tourism Authority of Thailand (TAT), revealed that the target for domestic tourism in the remaining months of 2024 is...

Koh Samui Cruise Terminal Set to Open by 2032

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PRESS RELEASE: Caretaker Deputy Minister of Transport Manaporn Charoensri has announced that a new cruise terminal in Koh Samui will open in 2032 as part of efforts to boost tourism in Surat Thani province. During...

Thai Hotels Face 170M Baht Losses After FTI Collapse

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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

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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...
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