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Government hunts for revenue as debt mounts
Phuket News
/
Business
Monday 8 December 2025 11:30 AM
BANGKOK: The government's growing interest burden has steadily eroded treasury reserves over the past four years, prompting the administration to urgently look for ways to increase revenue before the country's credit rating is adversely affected.
Thai airport tax to rise 53% for international flights
Phuket News
/
Business
Sunday 7 December 2025 11:00 AM
BANGKOK: The Civil Aviation Board has approved a 53% increase in the passenger service charge, commonly known as the airport tax, for outbound passengers on international flights.
Biennale Baht: B59mn poured into Phuket push to become arts hub
Phuket News
/
Phuket
Sunday 7 December 2025 09:00 AM
PHUKET: Phuket’s hosting of the Thailand Biennale 2025 will cost taxpayers nearly B59 million, according to official budget documents, as the island launched the five-month contemporary arts festival last Saturday (Nov 29).
Airlines ‘keen to expand direct flights’
Phuket News
/
Business
Wednesday 3 December 2025 11:24 AM
BANGKOK: Several international airlines, including carriers from the United States, Europe, the Middle East and Japan, have shown interest in expanding direct flight routes to Thailand, says the Airports of Thailand (AoT).
Cabinet rejects extra-holiday plan for 2026
Phuket News
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Thailand
Wednesday 3 December 2025 11:00 AM
BANGKOK: The Cabinet scrapped a plan to create additional holidays next year to promote tourism in Thailand yesterday (Dec 2), as ministers fretted about disruption of economic activity.
Phuket upbeat on high season outlook
Phuket News
/
Business
Tuesday 2 December 2025 10:30 AM
BANGKOK: Phuket tourism operators anticipate this high season running through the first quarter of 2026 will deliver the strongest performance in five years, driven by increased tourist spending, longer stays and the introduction of new long-haul flights to southern Thailand.
Phuket tourism engine marks 11.47mn arrivals
Phuket News
/
Phuket
Friday 28 November 2025 12:42 PM
PHUKET: Phuket welcomed more than 11.47 million tourists from January to October this year, generating over B442 billion in revenue despite a slight year-on-year decline, provincial officials confirmed yesterday (Nov 27).
Economic losses from southern floods could reach B25bn
Phuket News
/
Business
Thursday 27 November 2025 10:24 AM
BANGKOK: Floods in southern Thailand have caused significant disruptions across several sectors, with projected losses reaching up to B25 billion if the situation continues for a month.
Thailand urged to create independent tourism board
Phuket News
/
Business
Wednesday 26 November 2025 11:19 AM
BANGKOK: Thailand must adopt a bold approach to product development and establish a dedicated tourism board to attract investment and maintain its leadership in global tourism, says Kevin Clayton, chief brand officer for Thailand with Galaxy Entertainment Group.
Investors urged to target AI, healthcare and gold in 2026
Phuket News
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Business
Sunday 23 November 2025 12:00 PM
BANGKOK: Artificial intelligence (AI) technology, healthcare stocks and gold will lead the investment market in 2026, which is expected to be another highly volatile year, with Thai equities recovering gradually, says Krungsri Asset Management (KSAM).
PTT ready to walk away from EV venture
Phuket News
/
Business
Sunday 23 November 2025 10:00 AM
BANGKOK: The Thai oil and gas conglomerate PTT Plc is considering offloading its stake in an electric vehicle (EV) joint venture as it seeks to improve cash flow and brace for a sluggish Thai and global economy next year.
Social Development Minister launches ‘MSD Near You’ project in Phuket
Phuket News
/
Phuket
Saturday 22 November 2025 11:30 AM
PHUKET: Minister of Social Development and Human Security Akkhara Prompow arrived in Phuket yesterday (Nov 21) to launch a nationwide outreach campaign aimed at supporting vulnerable groups and improving access to state welfare.
Pawn shop lending growth skyrockets
Phuket News
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Business
Saturday 22 November 2025 10:30 AM
BANGKOK: Easy Money, one of the country's leading pawn shop operators, expects to record its highest loan growth in two decades this year, driven largely by surging gold prices.
Assistant Minister pushes four key Phuket development projects
Phuket News
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Phuket
Saturday 22 November 2025 10:00 AM
PHUKET: Assistant Minister to the Prime Minister’s Office Aree Krainara arrived in Phuket yesterday (Nov 21) to accelerate four priority projects aimed at boosting tourism, strengthening infrastructure and improving the quality of life for local residents.
Culture Minister inspects final preparations for Thailand Biennale
Phuket News
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Phuket
Friday 21 November 2025 02:13 PM
PHUKET: Culture Minister Sabida Thaiset arrived on the island today (Nov 21) to review final preparations for the Thailand Biennale, Phuket 2025, ahead of the international contemporary art festival’s opening ceremony at Saphan Hin Public Park on Nov 29.
Minister vows VAT increases
Phuket News
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Business
Friday 21 November 2025 11:12 AM
BANGKOK: The Finance Ministry plans to gradually raise the value-added tax (VAT) rate by an additional 1.5 percentage points to 8.5% by 2028, Finance Minister Ekniti Nitithanprapas said on Thursday.
'Investment fast pass' set to go to economic Cabinet
Phuket News
/
Business
Thursday 20 November 2025 01:37 PM
BANGKOK: Finance Minister Ekniti Nitithanprapas says he will submit the ‘Thailand Fast Pass’ project ‒ an initiative aimed at expediting domestic investment ‒ to the economic Cabinet on Monday (Nov 24).
Tokushima advances Phuket ‘sister-province’ cooperation
Phuket News
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Business
Wednesday 19 November 2025 09:49 AM
PHUKET: Phuket officials welcomed a high-level delegation from Tokushima Prefecture, Japan, yesterday (Nov 18) to strengthen cooperation under the sister-province agreement signed earlier this year.
Government vows action over price hikes
Phuket News
/
Business
Tuesday 18 November 2025 11:00 AM
BANGKOK: The government is taking decisive action against shops that raised prices after joining the ‘Khon La Khrueng Plus’ co-payment scheme, following a slew of complaints that point to widespread abuse of the programme's benefits.
Riyadh Chamber talks trade, investment and tourism
Phuket News
/
Business
Monday 17 November 2025 12:00 PM
PHUKET: Opportunities for deeper Thai–Saudi Arabian trade and investment cooperation were the focus of discussions at Phuket Provincial Hall on Friday (Nov 14), as the Riyadh Chamber of Commerce met with provincial officials and local business leaders to explore new areas of economic partnership.
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