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Home Blog Page 3687

ASEAN seeks measures to push sustainable tourism development – Asean, Environment, Tourism, Vietnam

Thailand Business News

Apr 15, 2019

Nearly 200 delegates, including leaders of national tourism organizations (NTOs) of ASEAN members and the regional groupings partners gathered in Vietnams northern Quang Ninh province on Monday, touching upon measures to speed up sustainable tourism development.

Addressing the meeting, Nguyen Trung Khanh, general director of the Vietnam National Administration of Tourism, said tourism sector makes contributions to better political and cultural understanding, and closer bilateral and multilateral cooperation not only among regional countries, but also among nations in the world.

At the 49th meeting of NTOs of countries of the Association of Southeast Asian Nations (ASEAN) which opened on Monday in Quang Ninhs Ha Long city, the delegates also highlighted contributions of tourism sector to gross domestic product.

Thailand attracted second highest number of tourists in the region with 32.58 million visitors in 2016

The Asia Pacific region accounts for 30 per cent of the world’s international tourism receipts

But Bangkok has been engulfed by smog for the past few days, raising questions about how seriously the authorities are taking the air pollution problem in the Thai capital.

Experts warn of the threat to public health if the unhealthy air quality levels persist, urging authorities to enforce…

Read the complete story on Thailand Business News

Thailand Tourism Highlights for 2018 – Tourism

Thailand Business News

Apr 15, 2019

Although Thailand’s tourism industry faced some headwinds in 2018, with the world economy slowing and a boat disaster in Phuket, the country still remains a hugely popular destination.

The total number of foreign tourists from the top 10 countries is now accounting for a total of 26.3 million people, or 69% of arrivals in Thailand.

Moreover when combining the five most important source countries (namely China, Malaysia, South Korea, Laos and Japan), the figure shows 19.9 millions, or more than 50% of the foreign entries in Thailand for 2018.

More than 10 million Chinese tourists

Such a concentration on the top five providers has a lot to do with the fact that during the last decade Thailand has been a hugely popular destination among Chinese tourists. Chinese tourists now account for more than 30% of tourism revenues in Thailand.

During the summer, and the following months of September and October, the number of tourists from China had dropped significantly, due to a boat tragedy in Phuket which killed more than 45 people, mostly Chinese,

But according to the latest estimations the number of Chinese tourists has picked up and is to be significantly higher than 10 million in 2018, a 7% increase from last year.
.

Top 10 tourists traveling to Thailand in 2018

10.6 million Chinese tourists
4.1…

Read the complete story on Thailand Business News

NBTC set to move all communication cables underground in Bangkok within 2 years

National news Thailand

Apr 14, 2019

BANGKOK, 5 April 2019 (NNT) – The Bangkok Metropolitan Administration (BMA) has joined with the National Broadcasting and Telecommunications Commission in a campaign to relocate communication cables underground within two years, helping to improve the urban landscape and public safety.

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Thailand Research Expo 2019 held in Bangkok

National news Thailand

Apr 14, 2019

BANGKOK, 8 April 2019 (NNT) – Research is an important factor in national development. And to raise public awareness on research, the National Research Council of Thailand (NRCT) is organizing Thailand Research Expo 2019.

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Sony to shift smartphone plant to Thailand

Juan Mercado Garcia

Apr 14, 2019

Sony’s share of the smartphone market has fallen sharply in recent years

BEIJING/TOKYO, March 28 (Reuters) – Sony Corp will close its smartphone plant in Beijing in the next few days, a company spokesman said, as the Japanese electronics giant aims to cut costs in the loss-making business.

Sony will shift production to its plant in Thailand in a bid to halve costs and turn the smartphone business profitable in the year from April 2020, the spokesman said on Thursday.

The decision to scale back its smartphone workforce, which could see up to 2,000 of the total 4,000 jobs cut by March 2020, is part of a move to reduce fixed costs in the business, and also includes procurement reform.

Sony’s share of the smartphone market has fallen sharply in recent years — from more than 3% in 2010, according to the research portal Statistica — to less than 1% currently.

It has struggled to compete against leaders Apple, Samsung Electronics and Huawei Technologies, all of which are racing to develop new 5G devices.

Sony’s smartphone business was one of the few weak spots in its otherwise robust earnings, bracing for a loss of 95 billion yen ($863 million) for this financial year. ($1 = 110.1200 yen).

The post Sony to shift smartphone plant to Thailand appeared first on Thailand Business News.

Read the complete story on Thailand Business News

Thai fruit exports rise to $2.65 bln under FTA deals

Juan Mercado Garcia

Apr 14, 2019

BANGKOK, 1 April 2019 (NNT) – The Director-General of the Department of Trade Negotiations, Auramon Supthaweethum, said Thailand exported fruits worth 2.65 billion US dollars in 2018.

This is a 17 percent increase year-on-year, driven by the country’s free trade agreements (FTA) with the ASEAN, China, Japan, South Korea, India, Australia, New Zealand, Peru, Chili, and Hong Kong.

Ms. Auramon said the ASEAN and China are the main markets for Thai fruits, accounting for 2.13 billion US dollars or about 80 percent of the total value of Thai fruit export last year.

The top three export items are durian, Longan, and mangosteen.

The post Thai fruit exports rise to $2.65 bln under FTA deals appeared first on Thailand Business News.

Read the complete story on Thailand Business News

Northern airborne dust decreases

National news Thailand

Apr 14, 2019

BANGKOK, 10 April 2019 (NNT) – Airborne dust caused by forest fires in the northern region has gradually decreased but the burning of rice stubble has remained at alarming rate, prompting the interior minister to call on local villagers to stop burning in their farm while the prime minister has sent a note to the neighboring countries to help contain air pollution.

Prime Minister Prayut Chan-o-cha said the haze situation has largely improved after he had sent a note to Laos and Myanmar calling for help with the cross-border air pollution. He said Thai and Myanmar military and civilian officials have held talk on the issue and thanked all villagers for their cooperation with the authorities to cope with the problem.

Meanwhile, Interior Minister Anupong Paochinda was concerned over the burning of rice stubble in the northern farms and called on the farmers to reduce it.

According to Gistda website, the number of hotspots in several provinces has reduced and none has been found in Lamphun province while airborne dust in the northern region has gradually decreased.

The haze and forest fire command center of Chiang Mai has received 25 air fresheners which will be donated to schools and community-based hospitals in every district of the province in addition to another 1,000 air fresheners which the province has already prepared. The first batch of 700 air fresheners will be donated to schools, community-based hospitals, public service units and public health units with children, elderly persons and those with respiratory problems being the targeted group.

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Commerce Ministry revises May export goal

National news Thailand

Apr 14, 2019

BANGKOK, 13 April 2019 (NNT) – As a reduction in the global economic growth projection by the International Monetary Fund to 3.3% from 3.5%, and a new lower value of global trade expectations of 3.4% down from 4%, will eventually affect the Thai export sector; the Ministry of Commerce will be holding talks with the private sector and industries after the Songkran holidays to make necessary adjustments to the May export projection, and to evaluate the situation with Thai commercial attaches nationwide.

The Department of Foreign Trade’s (DFT) Director General Banjongjitt Angsusingh revealed the department will hold talks later this month to assess the export situation with the private sector and each industry, before holding a meeting with head of trade promotion offices globally in May, to adjust the export strategy according to the situation and revise this year’s export goal.

The department will be working harder to promote well-performing products such as food, farm items, processed farm items, and items requiring domestic raw materials; while items affected by the trade war between China and the U.S. such as vehicle parts and electronics will be difficult to promote due to a declining global economy, but the department will adjust the strategy to target markets affected by sanctions, opening new opportunities for Thai products.

The DFT chief said she believes exporters can adjust themselves appropriately, however risk factors from currency fluctuations still persist, thus companies should be covered by risk insurance, or opt to use the currency of their trading partner instead of U.S. dollars.

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