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Pundits see further rate cuts this year
Phuket News
/
Business
Saturday 2 August 2025 11:00 AM
BANGKOK: The Bank of Thailand (BoT) has room to cut the interest rate more than once for the remainder of this year to shore up the economy if the US tariff on Thai goods is not competitive with regional peers, say pundits.
‘Phuket Harmony’ fair unites 300 SMEs
Phuket News
/
Business
Friday 1 August 2025 09:01 AM
PHUKET: More than 300 small- and medium-sized enterprises gathered at Saphan Hin yesterday (July 31) for the grand opening of the ‘Phuket Harmony SMEs Fair’, a four-day event aimed at boosting the local economy through sustainable business, tourism and innovation.
Phuket Governor welcomes Vietnamese Ambassador
Phuket News
/
Phuket
Friday 1 August 2025 08:54 AM
PHUKET: Phuket Governor Sophon Suwannarat welcomed Vietnamese Ambassador to Thailand Pham Viet Hung to Phuket Provincial Hall yesterday (July 31), as the two parties explored opportunities to deepen cooperation in tourism, urban development and potential sister-city partnerships.
Phuket targets 30% waste reduction in 3 months
Phuket News
/
Phuket
Thursday 31 July 2025 05:57 PM
PHUKET: Provincial authorities are pushing forward with a plan to reduce Phuket’s waste by 30% within three months, as part of urgent efforts to relieve the strain on the overwhelmed Phuket Solid Waste Disposal Center at Saphan Hin.
Phuket oversight committee inspects B600mn in development projects
Phuket News
/
Phuket
Thursday 31 July 2025 01:29 PM
PHUKET: The Phuket Provincial Governance Committee has conducted a series of field inspections to monitor the progress and transparency of six key government projects worth more than B600 million, all aimed at improving infrastructure and services for local residents.
Thailand expects US tariff details ‘within 24 hours’
Phuket News
/
Business
Thursday 31 July 2025 12:35 PM
BANGKOK: Thailand expects to learn details of new US import tariffs ‘within 24 hours’, Finance Minister Pichai Chunhavajira said on Thursday morning (July 31).
More tourism stimulus possible
Phuket News
/
Business
Tuesday 29 July 2025 12:55 PM
BANGKOK: The Finance Ministry may consider implementing tax measures to stimulate tourism during the low season, says Deputy Finance Minister Julapun Amornvivat.
Phuket celebrates decade of lobster delights
Phuket News
/
Phuket
Tuesday 29 July 2025 09:55 AM
PHUKET: The popular Phuket Lobster Festival is returning this August to celebrate its 10th anniversary, with more than 100 restaurants across the island offering over 500 lobster-inspired dishes as organisers promote Phuket being recognised as a UNESCO Creative City of Gastronomy.
Tourism confidence dives
Phuket News
/
Business
Saturday 26 July 2025 10:30 AM
BANGKOK: The tourism confidence index in the second quarter plunged year-on-year, as tourism contracted since the beginning of the year due to safety concerns and cautious tourism spending following the US's decision to implement a reciprocal tariff policy, according to the Tourism Council of Thailand (TCT).
Baht falls from highest since 2022 on conflict with Cambodia
Phuket News
/
Business
Friday 25 July 2025 11:28 AM
BANGKOK: Thailand’s baht fell after touching the highest in more than three years on the escalating conflict with its neighbour Cambodia.
Xi says China, EU must deepen trust but bloc chief urges ‘real solutions’
Phuket News
/
World
Thursday 24 July 2025 01:19 PM
BEIJING: Chinese President Xi Jinping said China and the EU must deepen trust in a turbulent world but the bloc’s chiefs called for “real solutions” to move past an inflection point as they met in Beijing today (July 24).
SET approves THAI’s return to trading
Phuket News
/
Business
Thursday 24 July 2025 12:07 PM
BANGKOK: The Stock Exchange of Thailand (SET) has approved the reinstatement of Thai Airways International Plc (THAI) on the main trading board from Aug 4, following a long debt restructuring process.
Russian arrivals to top last year's figure
Phuket News
/
Business
Wednesday 23 July 2025 10:51 AM
BANGKOK: Despite US sanctions and intense tourism competition, the Russian market this year is expected to exceed the 1.74 million visitors recorded in 2024, according to the Tourism Authority of Thailand (TAT).
TAT seeks B2.8trn income next year
Phuket News
/
Business
Tuesday 22 July 2025 11:06 AM
BANGKOK: The Tourism Authority of Thailand (TAT) is targeting B2.8 trillion revenue next year and aims to be among the top 10 countries worldwide when it comes to generating the largest amount of tourism revenue.
Vachira cancer centre donations hit B413mn
Phuket News
/
Phuket
Monday 21 July 2025 10:53 AM
PHUKET: Vachira Phuket Hospital is short of just B8 million in funding needed to complete its long-awaited radiation therapy centre ‒ a facility critical to cancer patients across the Andaman region who are currently forced to travel hundreds of kilometres for treatment.
K-Research puts GDP growth at 1.2%
Phuket News
/
Business
Sunday 20 July 2025 11:00 AM
BANGKOK: GDP growth this year could be as low as 1.2% or even less if the government fails to clinch a deal with the US that ensures the reciprocal tariff is competitive with those granted to neighbouring countries, said Kasikorn Research Centre (K-Research).
Plans afoot for Thailand’s first suspension bridge to serve Phuket
Phuket News
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Phuket
Sunday 20 July 2025 09:00 AM
PHUKET: Thailand could soon see its first-ever suspension bridge, linking Phuket to the mainland province of Phang Nga, as part of a major infrastructure upgrade to the region’s key highway.
Panel calls for new tourism investment
Phuket News
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Business
Saturday 19 July 2025 11:00 AM
BANGKOK: Thai tourism should not underestimate rivals in the region, notably Vietnam, which are investing heavily in tourism infrastructure such as high-speed rail as well as new attractions and hotels, said the subcommittee of the National Soft Power Strategy Committee.
Retail association touts recovery strategies
Phuket News
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Business
Friday 18 July 2025 11:03 AM
BANGKOK: The Thai Retailers Association has recommended two strategies to accelerate economic recovery amid the prolonged global economic slowdown and rising uncertainties.
Phuket enjoys surprise off-season arrivals hike
Phuket News
/
Business
Thursday 17 July 2025 12:59 PM
BANGKOK: Phuket is seeing a big shift in tourism patterns as European travellers embrace off-season travel, with tourism revenue expected to grow by over B40 billion, or around 10%, this year, says the Phuket Tourist Association.
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