Members of the hospitality industry say Bangkok and its nearby beach resorts and islands have been emerging as the best, and somehow hidden, destination for big, fat weddings. Over 200 Indian marriages are expected to be solemnized this year alone, they said.
With weddings being two to three times cheaper here than in India, the fear of questioning by tax officials in India about the source of funds after an ostentatious wedding is mainly drawing an increasing number of couples to this southeast Asian nation.
More and more Indian couples are now choosing Phuket, the island resort in Thailand’s southern part, and Pattaya as a perfect wedding destination, said Association of Thai Travel Agents president Sisdivachr Cheewarattanaporn.
Sisdivachr, who is also the Thai-Chinese Tourism Alliance Association’s honorary president, said hosting of Indian ceremonies has helped in blooming the country’s tourism industry whose six per cent of GDP is contributed by the tourists.
Indian ambassador to Thailand Anil Wadhwa said besides shooting of films, a new phenomenon has been that Indians have chosen Thailand as a favourite wedding destination.
India is today the biggest source market for visitors from South Asia and one of fastest growing markets for Thailand. More than one million Indians visited Thailand in 2012, making it one of six countries to cross that landmark annual arrivals number.
Indian tourists have an average daily expenditure of 160 USD per person per day over an average length of stay of 7.19 days.
There has been rapid growth in aviation access. As of January 2013, there are 152 direct weekly services between Bangkok and major Indian cities including Delhi (45), Kolkata (35), Mumbai (45), Bangalore (7), Hyderabad (4), Madras/Chennai (14) and Bagdogra (2) by Thai Airways International, Philippine Airlines, Indigo, Jet Airways, Air India, Thai Air Asia, Bangkok Airways, Cathay Pacific Airways, Royal Bhutan Airlines and Air Austral.
Opportunities for Indian Manufacturers in ASEAN
Indian exports largely mirror those of ASEAN states, such as rice, electrical equipment, and clothing and accessories. However, there are still sectors where Indian exporters can potentially exploit market needs – wheat exports, the digital economy, and healthcare.
The economic partnership between India and the Association of Southeast Asian Nations (ASEAN) has continued to strengthen since the economic relationship began in 1992 and with the ASEAN-India Free Trade Agreement (AIFTA) coming into effect in 2009.(more…)
India, ASEAN Agree to Review FTA Scope, Address Uneven Market Access
Chief among India’s concerns is that Indian exporters have been denied a level playing field in the Southeast Asian market. Moreover, New Delhi believes that China has taken undue advantage of the ASEAN-India FTA (AIFTA) due to weak rules of origin.
Thailand Raises Public Debt Ceiling from 60% to 70% of GDP
Thailand’s State Monetary and Fiscal Policy Committee has decided to raise the ceiling of the public debt-to-GDP ratio from 60%...
Thailand Approves Package to Attract Wealthy Foreigners and Professionals
Thailand’s Cabinet has approved an economic stimulus and investment promotion package aimed at attracting wealthy foreigners and highly skilled professionals...
The Role of Telemedicine Today: During and Beyond the COVID-19
Lockdowns, quarantine periods, and hospitals fast filling to the brink needed the medical community to come up with solutions fast....
Malaysia, Thailand banks to join the ASEAN Banking Integration Framework
Banking institutions from Thailand and Malaysia are invited to join the ASEAN Banking Integration Framework and indicate their interest to...
Climate Change Could Force 49 Million People to Migrate in East Asia and the Pacific
Out-migration hotspots in agricultural areas of central Thailand and Myanmar coincide with areas expected to see declines in both water...