Business News

Business News

Sunbelt Asia Business News

Have you done your annual audit yet? Time is running out, annual audits are due April 15. Start now with our new special packages starting at 20,000 baht- show us a written quote that is lower and we will beat it! Please contact us today at 02-6420213 from 09.00 a.m. to 6.00 p.m., Monday to Friday or via email at contact us

Thai New Year or Songkran will be from Saturday April 13 to Tuesday April 16. Sunbelt Asia offices will be closed to mark this major Thai holiday. Government offices are also closed during this period.

Thailand’s six major airports predicts over 3 million inbound and outbound tourists during the Songkran holiday period. The Airports of Thailand says about 3.2 million passengers will pass through its six airports; Suvarnabhumi will be the busiest with 1.7 million passengers, followed by Don Mueang International Airport with 970,000 and Phuket with 458,000 during the 7 day period. Chiang Mai is expected to see 286,000 followed by Hat Yai with 87,000 and Chiang Rai with 80,000.

The Immigration Bureau is expected to ask the Cabinet to extend the visa on arrival waiver fees for visitors from 21 countries for another three months. The original program was scheduled to end April 30 but the Tourism Council urged Immigration to ask for an extension of the waiver. The waiver attracted additional foreigners from its inception on November 15, 2018. From November15 to March 31 there were 2,346,971 foreign visitors, up 892,376 from 1,454,595 during the same period the previous year. There were 1,704,539 Chinese visitors, up by 709,434, and 467,435 Indians, up by 139,069. Other foreign visitors totaled 2,346,971, up by 892,376.

The Tourism Authority of Thailand has signed an MoU with three leading insurance companies to provide an online travel insurance package for tourists to Thailand. The new project, titled Thailand Travel Shield, will enlist Muang Thai Insurance, Krungthai Panich Insurance and South East Insurance to provide visitors with travel insurance for FIT (free independent travelers) visitors. The project is expected to sign up 10 million visitors, of which one-third is predicted to be Chinese tourists. The insurance will be active 24/7 and tourists will be able to contact staff who are able to speak 40 languages at the call center to assist in the event of accidents, sickness or death, flight cancellations or lost luggage.

Business News

Apr 21 2019 >> Cabinet approves budget for third runway at Suvarnabhumi
Apr 13 2019 >> New labor laws to be implemented May 5
Apr 6 2019 >> AoT expects over 3 million passengers during Songkran
Mar 31 2019 >> Large convention center planned for Phuket
Mar 24 2019 >> TAT predicts 2.3 million for Songkran
Mar 17 2019 >> Don Mueang Airport expansion on track
Mar 10 2019 >> Half of all new condo purchases by foreigners in Bangkok by Chinese
Mar 2 2019 >> Seventeen foreign firms approved for business, BOI approves five new projects for incentives
Feb 24 2019 >> Thai Economy grew 3.7 percent in the fourth quarter
Feb 17 2019 >> Thailand climbs up WEF Global Competitiveness ratings
Feb 10 2019 >> Thailand's e-commerce sector fastest growing in ASEAN
Feb 2 2019 >> Thailand top destination for Chinese tourists at Chinese New Year
Jan 25 2019 >> Elections expected to boost economy, attract investors
Jan 20 2019 >> Gems and Jewelry exports continue to grow
Jan 12 2019 >> Bangkok number one city in Mastercard Global Cities Index for overnight visitors
Jan 6 2019 >> Annual audits due - please book by February 15
Dec 30 2018 >> Strong economic growth in November is expected to continue through the end of the year
Dec 22 2018 >> 2G networks to be shut down next year
Dec 16 2018 >> Digital economy continues to grow
Dec 9 2018 >> Thailand's internet economy ranked second in SE Asia
Dec 2 2018 >> Immigration Department trialing new SMS notification service
Nov 25 2018 >> Exports rise 8.7 percent year on year
Nov 18 2018 >> New categories added for Smart Visa
Nov 11 2018 >> Visa on arrival fees lifted for 21 countries for 2 months
Nov 4 2018 >> Thailand in Top 30 in World Bank's Ease of Doing Business Report
Oct 31 2018 >> Government to no longer require factories submit license application annually
Oct 21 2018 >> Tourism experts warn of changing demographics
Oct 14 2018 >> Thailand tops list for Chinese tourists during Golden Week
Oct 7 2018 >> Digital assets licensing expected later this year
Sep 30 2018 >> Newsletter listings for October 1, 2018
Sep 30 2018 >> Applications for Permanent Residency now open
Sep 22 2018 >> Exporters urged to take advantage of AFTA tax incentives
Sep 16 2018 >> Thailand tops list as most popular destination for Chinese tourists in first six months
Sep 9 2018 >> Thailand "Best for People" in Conde Nast Travellers UK Readers awards
Sep 2 2018 >> Thailand fourth in tourist spending globally
Aug 25 2018 >> Young Chinese travelers seek authentic local experiences
Aug 19 2018 >> MICE visitors from China jump 35 percent
Aug 12 2018 >> New Copyright Law allows for removal of online infringment
Aug 5 2018 >> Secondary tourism destinations see strong growth from international tourists
Aug 5 2018 >> Secondary tourism destinations see strong growth from international tourists
Jul 29 2018 >> Important news for Americans on the impact of the new Emergency Decree and Work Permit requirements
Jul 22 2018 >> International tourist arrivals hit 19.48 million in first six months of 2018
Jul 15 2018 >> Thailand in top 20 nations with high innovation development potential
Jul 8 2018 >> New regulations issued regarding work permits
Jul 1 2018 >> Phuket in top ten leisure destinations in Mastercard Global Destinations Index report
Jun 24 2018 >> Commerce Ministry looks to remove five services from Foreign Business Act restricted list
Jun 17 2018 >> New business registrations up 5 percent in May
Jun 10 2018 >> New regulations for digital asset exchanges issued
Jun 3 2018 >> Ministry of Labour considers removing some occupations from restricted list
May 27 2018 >> Second airports approved for Chiang Mai, Phuket

Back To Top