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TAT expects Loy Krathong festival to generate Bt6.9 billion in revenue

13 Sept 14:58 Key points summarised by AI

The Tourism Authority of Thailand (TAT) projects the Loy Krathong festival to generate Bt6.9 billion in revenue, marking a 12% increase from last year's figures.
This revenue surge is attributed to an anticipated 9% rise in domestic travel, with nearly 2 million Thais expected to participate, particularly favouring northern provinces as key destinations.

Yesterday 14:58 Key points summarised by AI

Thailand's government will launch the "Chainat-Pasak-Gulf" water diversion canal project in fiscal year 2027, a seven-year mega-infrastructure initiative.
This permanent structural solution aims to mitigate recurrent central plains flooding by diverting water from the Chao Phraya River directly into the Gulf of Thailand, significantly reducing flow to major cities like Ayutthaya and Bangkok.
Prime Minister Anutin Charnvirakul justifies the long-term investment as a means to reduce future damages and fiscal burdens, contrasting it with the 40-50 billion baht spent annually on short-term flood relief.
Concurrently, the Prime Minister instructed officials to expand drainage capacity into the Tha Chin River and swiftly remove water hyacinths to improve immediate flood management.