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Thailand should reach 16 million arrivals next year

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The number of foreign tourists to Thailand should reach 16 million next year as the global economic crisis and local political problems have eased, Tourism and Sports Minister Chumpol Silpa-archa said yesterday. As well, he said, the Thai economy was showing positive signs of improvement and the Thai Khem Kaeng stimulus spending programme would be a key factor that would spur tourism.

“I think the country has already passed the worst including the airport closures in late 2008, the cancellation of the Asean Summit in Pattaya and political violence in April. It is expected that the tourism industry will clearly improve next year on condition there are no new incidents,” he said.

The minister made the comments as the Tourism Authority of Thailand (TAT) introduced Suraphon Svetasreni as its new governor, filling a post that had been vacant for eight months.

Tourists visiting Ayuttaya | photo : Camilla Davidsson

Tourists visiting Ayuttaya | photo : Camilla Davidsson

Mr Suraphon said the TAT had set its own arrivals target at between 15 million and 15.5 million with total revenues of 560 to 570 billion baht. Arrivals this year are estimated at about 13.5 million, down by 7.4% from last year.

via Chumpol confident of gain to 16 million arrivals next year.

China

Bangkok 7th World Most connected city to China

Bangkok also ranks 3rd in terms of the volume of Chinese corporate leasing activity over the last three years, according to a new report from real estate consulting firm JLL.

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While China’s biggest corporates are increasingly flexing their global muscle as the country’s economic and geopolitical influence accelerates, Bangkok is the 10th most popular destination for mainland firms expanding overseas. (more…)

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Thailand’s Special Economic Zones (SEZ) and new opportunity connected

The SEZ policy was first launched in 2015 based on the government’s belief in the strong potential of the 10 areas to connect with the neighboring countries in terms of trade, economy and investment

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With its strategic location in the center of ASEAN with emerging markets, including Cambodia, Laos, Myanmar, Malaysia and southern China, on its border, Thailand is well position to connect investors to new opportunities arising from the increasing border trade and the region’s rapid economic growth.
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