IDEAS

    Anti government rally may impact business sector

    Britain, Canada and Australia have issued travel warnings against
    coming to Bangkok, on anticipation of violence related to the huge
    red-shirt rally. Meanwhile, it is feared that if prolonged, the protests will worsen fragile economic conditions.

     

    With businesses concerned about how a prolonged rally might tarnish the image of the country, which is hosting an Asean Summit
    this week, eight tourism associations will issue a statement today
    calling for a halt to it and the avoidance of any violence, as well as
    steps towards reconciliation. "The tourism sector is being terribly affected by the political
    unrest. Many tourists are opting for other destinations instead. We’re
    heading for the worst," said Federation of Thai Tourism Associations
    chairman Charoen Wangananont.

    Association of Thai Travel Agents president Apichart Sankary said
    only 40 chartered flights were scheduled to fly to Thailand for
    Songkran, down sharply from more than 200 last year. A prolonged rally
    could also deter Chinese visitors planning to come here for their
    Labour Day holiday early next month. "If the chaos continues, many operators will have to close their businesses and lay off workers," he said.

    Tourism and Sports Minister Chumpol Silapa-archa admitted Tuesday’s
    attack on Prime Minister Abhisit Vejjajiva’s official car in Pattaya
    was raising security concerns among tourists. Tourism Council of Thailand chairman Kongkrit Hiranyakit earlier
    said there were expectations of Japanese, South Korean and Chinese
    tourists returning by this quarter, but the renewed chaos may delay
    that. As it is now, Thailand will be lucky to welcome 12.8 million
    visitors this year, less than the Tourism Authority of Thailand’s
    target of 14.8 million, he said.

    The Thailand Exhibition Association, expecting zero growth for the
    meetings, incentives, conventions and exhibitions industry, said the
    Kingdom would miss its goal of becoming a regional hub, due to the
    cumulation of negative factors. Businessmen yesterday expressed concern that a prolonged anti-government protest might encourage Asean leaders to rethink their participation in the Pattaya meeting this weekend.

    "A prolonged protest will undermine not only the country’s economic growth, but also its image among Asean members,"
    said Santi Vilassakdanont, chairman of a private committee consisting
    of the Board of Trade, the Thai Bankers’ Association and the Federation
    of Thai Industries. He said that although security must be beefed up, measures must be in accordance with the democratic rule of law.

    Board of Trade deputy secretary-general Pornsilp Patcharintanakul said
    illegal activities were the last thing Thailand needed and urged the
    government to take control of the situation. If the protest continues,
    some Asean leaders
    and observers from the World Trade Organisation and the United Nations
    Conference on Trade and Development may be reluctant to participate in
    the regional summit this weekend. That would damage the Kingdom’s
    image, he said.

    A survey released yesterday by Political and Economic Risk
    Consultancy showed foreign investors were now more concerned about
    political instability than Thailand’s ranking in the Asian corruption
    table, which is second only to Indonesia. The Japan Credit Rating Agency is maintaining a "negative" outlook
    on its ratings for Thailand’s debts, out of concern over political
    developments.

    "On the political and social front, the structural factors that
    brought about the turmoil in 2008 remain unresolved. There remains the
    possibility that the current government may lose its public support,
    the entrenched confrontation may resurface, political and social unrest
    may recur and effective economic policies may be hampered," it said in
    a statement.

    MikiMo
    MikiMo
    I have spent the past 15 years in the travel industry. Today focused on promoting different ways of traveling, I'm in the process of creating few travel websites, which will be launched shortly. I have a great passion for travel and the travel industry. My goal here atTtripOutlook is to connect to other proffessionals in the travel industry and to exchange experience.

    Related Stories

    spot_img

    Discover

    Don’t Just See San Francisco, Feel It: 5 Authentic...

    Sure, you’ve got the Golden Gate Bridge on your camera roll and a ticket...

    Tech Gadgets to Take (and What to Leave Behind)...

    It’s great to take a vacation at least once a year, especially if you...

    Tips And Hacks To Make The Most Out Of...

    Pembrokeshire is a hidden gem for camping in the UK, offering breathtaking scenery and...

    7 Tips for Traveling When You Have Cancer

    If you're living with cancer, traveling can seem daunting or even impossible. However, with...

    How to Create More Family Time in a Busy,...

    How to Create More Opportunities for Quality Family Time

    Explore History and Nature at Smoky Cape Lighthouse

    Halfway between Sydney and Brisbane is a spot where visitors can soak up natural...

    Popular Categories

    Comments