private sector
- Thailand News
Tourism industry demands action amid 300-baht fee controversy
Thailand’s private sector is urging the government to address the supply side of tourism after Prime Minister Srettha Thavisin announced the suspension of a proposed 300-baht fee for foreign tourists. This fee was intended to establish a tourism development fund. Chamnan Srisawat, President of the Tourism Council of Thailand (TCT) stated that The government’s performance over the past eight months…
- Thailand News
Minimum wage increase pledge sparks hotel industry crisis
Prime Minister Srettha Thavisin’s promise to boost the minimum wage to 400 baht by October 1 has set off alarms in the private sector, particularly among hoteliers. Concerns abound as businesses foresee a hefty 15 to 20% surge in costs across goods and services, presenting a formidable hurdle for the hospitality sector. The impending wage revision marks the third adjustment…
- Business News
Thai private sector braced for impact amid political unrest and government delays
Protests and potential political instability are causing growing unease within Thailand‘s private sector, chiefly due to the impact of delays in forming the country’s new government. The possible effects are multifaceted, potentially touching areas such as new investments and the tourism industry. The Thai Chamber of Commerce’s vice-chairman, Poj Aramwattananont, expressed concern yesterday in light of recent moves by the…
