Business News | The Phuket News

...

Growth of eateries outpaces tourism

Saturday 28 June 2025 11:00 AM

BANGKOK: The Bank of Thailand has observed a glut of restaurants relative to the slower growth in foreign tourist arrivals, with the impact affecting mainly small and medium-sized enterprises (SMEs).

Thai tourism businesses unfazed by casino bill delay

Phuket News / Business

Friday 27 June 2025 11:02 AM

BANGKOK: The government’s decision to put its entertainment complex bill on the back burner should not affect Thailand’s tourism industry, as the country has welcomed plenty of tourists without this type of attraction in the past, according to the Thai Hotels Association (THA).

‘Khon La Khrueng’ is back

Phuket News / Business

Thursday 26 June 2025 11:17 AM

PHUKET: Businesses across Thailand can now register to join the government’s latest tourism stimulus project, Tieow Thai Khon La Khrueng’ (‘Travel Thailand Half Each’), which is expected to generate an additional 2.67 million trips and boost tourism income by B14.1 billion.

Thai cannabis stores fear for their future

Phuket News / Business

Thursday 26 June 2025 08:54 AM

BANGKOK: Tourism operators expect many cannabis stores across Thailand to be shuttered, especially in urban areas, leaving only those that supply the herb for medical purposes, as the government moves to recriminalise the plant.

Cabinet approves B115bn for stimulus projects

Phuket News / Business

Wednesday 25 June 2025 05:32 PM

BANGKOK: Thailand’s Cabinet has approved projects worth B115 billion, ranging from road building to tourism promotion, as the government seeks to spur the sluggish economy.

Phuket tightens oversight of 126,000 migrant workers

Phuket News / Business

Tuesday 24 June 2025 09:35 AM

PHUKET: Phuket officials are stepping up efforts to manage and regulate its large migrant workforce, which currently numbers around 126,980 people from Myanmar, Laos, Cambodia and Vietnam.

Tourism operators sound the alarm on possible coup

Phuket News / Business

Friday 20 June 2025 01:16 PM

BANGKOK: Tourism operators insist a coup must be avoided at all costs as the nation struggles with political instability, as businesses prefer a democratic system.

PPAO allocates over B2.7mn to boost local agriculture economy

Phuket News / Business

Wednesday 18 June 2025 10:55 AM

PHUKET: The Phuket Provincial Administrative Organisation (PPAO) has allocated more than B2.7 million for three key projects aimed at strengthening the province’s agricultural and local economic sectors under its 2025 development plan.

US tariff talks making headway

Phuket News / Business

Tuesday 17 June 2025 12:30 PM

BANGKOK: The Commerce Minister said the reciprocal tariff talks with the US appear to be making good progress and he expected both sides to agree on tariffs as low as 10%.

Phuket splurges B500k on pineapple, durian promotion

Phuket News / Business

Tuesday 17 June 2025 11:30 AM

PHUKET: A budget of B503,300 has been spent on staging a ‘Charm of Phuket Durian & Pineapple’ event, aimed at promoting local agricultural products and linking them with tourism to boost income for local farmers.

Apply for your TDAC early via our platform

Phuket News / Business

Monday 16 June 2025 06:40 PM

AGENTS CO., LTD. has launched a dedicated platform for submitting Thailand Digital Arrival Cards (TDAC), built specifically to support travel agents, tour operators, and travel service providers managing group travel. The system is designed to eliminate the stress of last-minute filings and make the TDAC process faster, more flexible, and more reliable for everyone involved.

Call for measures to halt surge in bad debt

Phuket News / Business

Sunday 15 June 2025 11:30 AM

BANGKOK: The National Economic and Social Development Council (NESDC) wants to improve the conditions for debt restructuring to prevent special mention (SM) loans from deteriorating into non-performing loans (NPLs), after a noticeable increase in the former in the fourth quarter last year.

New AI law wins government support

Phuket News / Business

Sunday 15 June 2025 11:00 AM

BANGKOK: The government is ready to support the current draft of the principles of the artificial intelligence (AI) law, aiming to ensure that all AI developers and AI service providers operate under the same rules, said Wisit Wisitsora-at, permanent secretary of the Digital Economy and Society (DES) Ministry.

Airbnb in Thailand: Goldmine or legal minefield?

Phuket News / Business

Saturday 14 June 2025 12:30 PM

You’ve seen the Instagram reels. A dreamy villa, an infinity pool and a “booked solid on Airbnb” caption. But behind the hashtags and high yields lies a murky legal maze that most property owners in Thailand are either ignoring ‒ or tiptoeing through like it's a minefield.

Tourism slump hammers restaurants

Phuket News / Business

Saturday 14 June 2025 11:30 AM

BANGKOK: Every type of eatery is struggling this year as the economy and tourism slow, says renowned Thai chef and restaurateur Thitid Tassanakajohn, also known as Chef Ton.

Thailand very close to debt ceiling, opposition warns

Phuket News / Business

Friday 13 June 2025 11:56 AM

BANGKOK: The opposition People’s Party (PP) has warned that Thailand is coming perilously close to hitting its public debt ceiling, which it believes could jeopardise treasury reserves.

Krabi frets over closure of Jetstar Asia

Phuket News / Business

Thursday 12 June 2025 09:23 AM

BANGKOK: Tourism operators in Krabi are worried about the closure of Singapore-based Jetstar Asia, as Singaporean tourists were among the top five source markets for the southern Thai province.

Qantas to close Jetstar Asia

Phuket News / Business

Wednesday 11 June 2025 01:46 PM

SYDNEY: Australian airline Qantas said Wednesday (June 11) it will close its loss-making budget carrier Jetstar Asia, axing 500 Singapore-based jobs.

‘Phuket Health City’ to go on show at World Expo 2030 in Riyadh

Phuket News / Business

Wednesday 11 June 2025 09:29 AM

PHUKET: The Phuket Provincial Administrative Organisation (PPAO) has partnered with the Phuket Chamber of Commerce to promote the island’s ‘Phuket Health City’ model on the world stage, with plans to present it at World Expo 2030 in Riyadh, Saudi Arabia.

Phuket marks 2.4mn visitors in first five months of 2025

Phuket News / Business

Monday 9 June 2025 11:00 AM

PHUKET: Phuket’s tourism sector remains resilient with more than 2.4 million arrivals recorded from January to May 2025, an 8% year-on-year increase, according to the Phuket Tourist Association.

Cached