Latest news with #YUICHINITTA
Nikkei Asia
4 days ago
- Business
- Nikkei Asia
Thailand scrambles to bring back Chinese tourists after 40% drop
Tourists hang out across from the Wat Arun temple in Bangkok, pictured on June 2. Total visitor arrivals to Thailand dropped 4.6% year on year in the first half of 2025. © Reuters YUICHI NITTA BANGKOK -- From priority immigration at airports to subsidies for charter flights, Thailand is implementing a series of measures to bring back Chinese tourists, whose numbers have declined more than 40% over the past few months, in a bid to revitalize the country's lackluster travel industry. On July 12, Thai immigration authorities launched the Happy Chinese Summer Channel, a priority lane for Chinese families with school-age children. The program began at four international airports -- two in Bangkok, one in Phuket and another in Chiang Mai -- and will continue through September.
Nikkei Asia
6 days ago
- Business
- Nikkei Asia
Thai business sentiment hits 9-month low on border closure, tariffs
A container is loaded onto a cargo ship docked at the port of Bangkok: Business sentiment in Thailand fell for the fourth straight month in June, partly due to worries over trade. © Reuters YUICHI NITTA BANGKOK -- Business sentiment in Thailand dropped to a nine-month low in June, as the country's trade was hampered by the closure of the Cambodian border, according to data released Wednesday by a major industry group. The Federation of Thai Industries (FTI)'s monthly Industrial Confidence Index, based on a survey of 1,342 entrepreneurs in the group, fell to 87.7 last month from 88.1 in May, hitting its lowest point since September 2024.
Nikkei Asia
15-05-2025
- Business
- Nikkei Asia
Japan Display cuts half its Japan workforce as losses mount
YURIKA YONEDA and YUICHI NITTA TOKYO -- Japan Display announced on Thursday that it will cut approximately 1,500 employees, more than half of its domestic workforce, as it restructures its business amid continuing losses. The Japanese panel supplier will offer voluntary retirement to employees in Japan, where it had 2,639 employees at the end of March. The company aims to reduce annual labor costs by 13.5 billion yen ($92.5 million). Personnel reductions will also be implemented overseas.
