POLITICAL RISK Thai Finance Minister Uncertain 2010

Category: Tourism, Posted:30 Dec 2009 | 06:00 am

Thailand's Finance Minister Korn Chatikavanij has expressed concerns that the countries political uncertainty may continue well into the future as reported in the local press.
Many political analysts are pointing to the upcoming Supreme Court Ruling on deposed Prime Minister Thaksin Shinawatra's THB 76 billon assets, which could be seized.
The last round of hearings are set for mid early January and final judgment by the following month. The first month of 2010 looks to be a rocky road for the current Thai administration and certainly all eyes will be on Bangkok.
With tourism well on the fast track of recovery, the reminders of the last red shirt incidents are still fresh in the memory of most.

Other News

C9 Hotelworks Releases New Phuket Hotel Market Update Report

Category: Hotels|Tourism, Posted:16 Mar 2023 | 00:29 am According to C9 Hotelworks new Phuket Hotel Market Update 2023, the resort island’s tourism recovery has accelerated over the past six months. With the removal of Thailand’s pandemic travel restrictions in 2022, airlift quickly ramped up as India and Malaysia were key early source markets. Over the current winter season aside from the return of […]

Destination Ink Radisson For Patong Hotel

Category: Hotels, Posted:12 Mar 2023 | 23:16 pm Phuket’s hotel brand conversion trend is continuing, with the latest move having Radisson sign a deal for a 390-room hotel in Patong. Owned by the Destination Group, the property will be branded as a Radisson. This is the fourth recent conversion by Destination with one more Radisson and two Holiday Inns by IHG. Expect more […]

Hilton Phuket Arcadia Reflagged To ACCOR’s Pullman Brand

Category: Hotels, Posted:03 Mar 2023 | 07:35 am One of Phuket’s largest hotels, the 662-room Hilton Phuket Arcadia Resort has been reflagged under ACCOR’s Pullman brand. The hotel, which will be named Pullman Phuket Arcadia Karon Beach Resort will operate as a Pullman effectively in April of this year, and a staggered 24-month refurbishment program undertaken. With this addition, there will be three […]

More Insider News