Alex Morgan

Alex Morgan

Alex is a 42-year-old former corporate executive and business consultant with a degree in business administration. Boasting over 15 years of experience working in various industries, including technology, finance, and marketing, Alex has acquired in-depth knowledge about business strategies, management principles, and market trends. In recent years, Alex has transitioned into writing business articles and providing expert commentary on business-related issues. Fluent in English and proficient in data analysis, Alex strives to deliver well-researched and insightful content to readers, combining practical experience with a keen analytical eye to offer valuable perspectives on the ever-evolving business landscape.
  • Business NewsCommerce Ministry to finalise digital wallet registration

    Commerce Ministry to finalise digital wallet registration

    The Commerce Ministry will finalise the registration of two million vendors for the digital wallet handout scheme by September, marking a significant step in the initiative aimed at boosting the economy. Commerce Minister Phumtham Wechayachai announced that up to two million vendors are expected to participate in the scheme. The ministry plans to disclose more details next week regarding the…

  • Business NewsCabinet to approve Thai ESG fund boosting SET by 50 billion baht

    Cabinet to approve Thai ESG fund boosting SET by 50 billion baht

    The Thai Cabinet is set to approve the new Thai ESG Fund tomorrow, with analysts anticipating that the revamped conditions of this environmental, social, and governance (ESG) centric fund will enhance trading on the Stock Exchange of Thailand (SET) by 40-50 billion baht annually. The fund’s revised structure includes a reduced holding period of five years, down from the original…

  • Business NewsNortheast plans NEC to boost economy at mobile Cabinet meeting

    Northeast plans NEC to boost economy at mobile Cabinet meeting

    Private sector representatives in the northeast are set to present a series of economic stimulation projects, including the establishment of the Northeastern Economic Corridor (NEC), during the mobile Cabinet meeting in Nakhon Ratchasima on July 2. Hatsadin Suwattanapongchet, Secretary of the Northeastern Industrial Federations, announced that the NEC, traversing Nakhon Ratchasima, Khon Kaen, Udon Thani, and Nong Khai, will emulate…

  • Business NewsThai industries sentiment index drops to 88.5 as layoffs rise

    Thai industries sentiment index drops to 88.5 as layoffs rise

    Thai Industries Sentiment Index (TISI) experienced another decline in May, dropping to 88.5 from April’s 90.3 points, as 15,000 workers have been laid off since the beginning of the year, according to the Federation of Thai Industries (FTI). Layoffs in the first five months of 2024 emerged as the TISI, which measures the manufacturing sector’s health, fell for the second…

  • Business NewsSaudi Arabia approves live animal imports from Thailand

    Saudi Arabia approves live animal imports from Thailand

    Saudi Arabia has approved the import of live cattle, sheep, and goats from Thailand, according to Commerce Minister Phumtham Wechayachai. The approval was communicated by the Saudi Arabian Ministry of Environment, Water and Agriculture through the Saudi Arabian and Thai foreign ministries. Phumtham noted that these live animals could be imported from Thailand and subsequently kept and slaughtered in Saudi…

  • Business NewsThailand assists tourists stranded by tour operator’s bankruptcy

    Thailand assists tourists stranded by tour operator’s bankruptcy

    The Tourism Authority of Thailand (TAT) has committed to supporting tourists stranded due to the bankruptcy of major German tour operator FTI Group, while also collaborating with government officials to ensure hotels are compensated by the company. Siripakorn Cheawsamoot, TAT Deputy Governor for Europe, Africa, the Middle East, and the Americas, reported that there have been no reports of stranded…

  • Business NewsPhilippines intensifies illegal offshore gambling crackdown

    Philippines intensifies illegal offshore gambling crackdown

    The authorities in the Philippines have intensified efforts to shut down illegal offshore gambling operations amidst growing calls for a complete ban due to alleged connections to criminal syndicates. The country’s gaming regulator revealed approximately 250 to 300 offshore gambling firms are operating without a licence, a significant increase from the 46 legitimate operators. This information was disclosed by Alejandro…

  • Business NewsBudget airlines push jet fuel tax cut to reduce airfare prices

    Budget airlines push jet fuel tax cut to reduce airfare prices

    Budget airlines have issued an appeal to the Finance Ministry to reduce the excise tax on jet fuel, to help mitigate their operational costs with the fragile state of the industry. Following a meeting with representatives from low-cost airlines, Deputy Finance Minister Julapun Amornvivat reported that the carriers discussed economic challenges and reiterated their commitment to supporting government measures aimed…

  • Business NewsVietnam considers ceasing decade long gold import ban

    Vietnam considers ceasing decade long gold import ban

    Vietnam may soon allow companies to import gold for the first time in over a decade. Aiming to bridge the gap between local prices and international benchmarks, this development comes as the Vietnam Gold Traders Association (VGTA) continues its extended discussions with the government to address the supply and demand imbalance for gold. Huynh Trung Khanh, vice chair of VGTA,…

  • Business NewsChiang Mai to become digital startup hub with new visa scheme

    Chiang Mai to become digital startup hub with new visa scheme

    Chiang Mai is poised to become a digital startup hub in Southeast Asia, with the government pledging support to achieve this goal, Prime Minister Srettha Thavisin announced during a visit to the northern province yesterday. PM Srettha highlighted Chiang Mai City as an established haven for digital nomads and one of the world’s leading creative cities. “Late last year, Tim…

  • Thailand NewsThailand eyes MICE supremacy in Southeast Asia

    Thailand eyes MICE supremacy in Southeast Asia

    Thailand is pulling out all the stops to become the epicentre of MICE tourism in Southeast Asia, with Vietnam emerging as a potential powerhouse partner. This ambitious vision, spearheaded by Puripan Bunnag, Senior Vice President of the Thailand Convention and Exhibition Bureau (TCEB), aims to harness the post-pandemic resurgence in the MICE sector to bolster Thailand’s economy. “The MICE segment…

  • Business NewsExtend-a-signal: NT tunes in for spectrum band extension

    Extend-a-signal: NT tunes in for spectrum band extension

    National Telecom (NT) is poised to seek an extension from the National Broadcasting and Telecommunications Commission (NBTC) to continue utilising three spectrum bands beyond their expiration in September 2025. The requested extension, spanning 90 days, aims to ensure a seamless transition for NT’s current customers to alternative bands. NT intends to maintain operations on the 850MHz, 2100MHz, and 2300MHz bands,…

  • Business NewsThai digital skies to light up for OneWeb’s Internet services launch

    Thai digital skies to light up for OneWeb’s Internet services launch

    OneWeb’s broadband Internet services, facilitated by low Earth orbit (LEO) satellites, are anticipated to launch in Thailand by the fourth quarter of this year, marking a significant step in expanding digital connectivity across the nation. In a collaborative effort, OneWeb has teamed up with state telecom enterprise National Telecom (NT) to offer these services. NT provides the necessary gateway station…

  • Business NewsAoT to create subsidiary for managing small state airports

    AoT to create subsidiary for managing small state airports

    Airports of Thailand Plc (AoT) is considering the establishment of a subsidiary to manage small airports that are currently under the financially troubled Department of Airports. This initiative aligns with the government’s strategy to stabilise state finances. AoT President Kirati Kijmanawat announced today, June 4, that the proposed subsidiary would operate directly under AoT, with the parent company and Vayupak…

  • Business NewsBrewing success: Thai coffee market percolates with growth

    Brewing success: Thai coffee market percolates with growth

    The Thai coffee market is experiencing significant growth, driven by evolving consumer lifestyles and increased demand for both domestic consumption and export processing. The Director-General of the Trade Policy and Strategy Office, Poonpong Naiyanapakorn underlined Thailand’s potential to process raw coffee into finished coffee products for export, a key value-adding practice. From 2021 to 2023, the Thai coffee market expanded…

  • Thailand NewsThailand’s tech exports face threats as Vietnam takes lead

    Thailand’s tech exports face threats as Vietnam takes lead

    Thailand’s export sector, which contributed 54.5% of GDP last year excluding services, faces potential disruption due to rapid technological advancements. Vietnam has surpassed Thailand in exporting high-tech products, emerging as a key production base for the downstream electronics industry. The global market’s recovery, particularly in computers, semiconductors, and smartphones, has driven this demand. Thailand mainly exports intermediate electronics products like…

  • Thailand NewsHR leaders urged to align vision for strategy success

    HR leaders urged to align vision for strategy success

    Aligning every member of an organisation with a unified vision has become essential in today’s fast-changing business environment. The recent HR Talk, titled E=AMC: Unlocking the Code — How HR Can Turn Strategy into Action, delved into this theme, offering significant insights into how Human Resources teams and leaders can transform strategic visions into concrete results. Distinguished speakers at the…

  • Thailand NewsGovernment to advance 47 billion baht in PPP projects this year

    Government to advance 47 billion baht in PPP projects this year

    Government investment projects under public-private partnerships (PPP) are set to advance this year, nearing the target of 47 billion baht, as projected by the State Enterprise Policy Office (Sepo). Sepo’s director-general, Tibordee Wattanakul, mentioned that the PPP investments are expected to alleviate the government’s fiscal responsibilities. By February, the PPP Committee had sanctioned 18 billion baht for fiscal 2024, focusing…

  • Thailand NewsEthereum ETFs approved, crypto prices to surge this year

    Ethereum ETFs approved, crypto prices to surge this year

    Cryptocurrencies are having a golden year, with the US Securities and Exchange Commission (SEC) recently approving eight funds set to launch spot Ethereum exchange-traded funds (ETFs). Analysts predict the bull run will persist into the second half of the year, driven by strong interest from institutional investors. The SEC’s approval on May 23 for rule changes allowing ETFs to buy…

  • Thailand NewsThai film industry to exceed 3.8 billion baht at Cannes festival

    Thai film industry to exceed 3.8 billion baht at Cannes festival

    The 77th Cannes Film Festival has presented significant opportunities for the Thai government, local filmmakers, and production companies to secure lucrative business deals. The festival, which ran from May 14 to 25, is expected to generate more than the 3.8 billion baht grossed from last year’s event. Companies participating in the Thai booth, which showcased local films and promoted tourism,…

  • Thailand NewsLand and building tax revenue to hit 43 billion baht this year

    Land and building tax revenue to hit 43 billion baht this year

    The Finance Ministry anticipates the land and building tax collection to reach 43 billion baht this year, marking an increase of 8 billion from the previous year due to the discontinuation of the tax discount. Finance Permanent Secretary Lavaron Sangsnit, speaking at a property seminar on the fifth anniversary of the tax’s implementation, revealed that the ministry is currently reviewing…

  • Thailand NewsFTI argues minimum wage hike would primarily benefit migrants

    FTI argues minimum wage hike would primarily benefit migrants

    The Federation of Thai Industries (FTI) is urging the government to reconsider its plan to raise the daily minimum wage to 400 baht nationwide, arguing that the policy would primarily benefit migrant workers rather than stimulate the local economy. Every year, migrant workers from neighbouring countries remit approximately 100 billion baht to their families back home. The FTI contends that…

  • Business NewsFinance Ministry to reassess stock holdings worth 1.19 trillion baht

    Finance Ministry to reassess stock holdings worth 1.19 trillion baht

    The Finance Ministry plans to reassess its shareholdings in various stocks to optimise its asset portfolio and generate additional revenue for the state. Deputy Finance Minister Paopoom Rojanasakul instructed the State Enterprise Policy Office to evaluate the ministry’s stock holdings. According to sources, this review aims to identify which assets the government should retain and which could be sold. A…

  • Thailand NewsPhuket’s tourism boom: Is the island ready for the rush?

    Phuket’s tourism boom: Is the island ready for the rush?

    The Tourism Authority of Thailand (TAT) is confident that tourism revenue in Phuket this year will skyrocket to a staggering 400 billion baht. In a surprising revelation, the provincial TAT office reported that more than 3.6 million tourists graced the resort island in the first quarter alone. Lerdchai Wangtrakoondee, director of the provincial TAT office, announced yesterday that tourist numbers…

  • Business NewsThai car production drops 11.02% in April amid long holidays

    Thai car production drops 11.02% in April amid long holidays

    Car production in Thailand experienced a significant decline of 11.02% in April from the previous year, with total units produced amounting to 104,667, according to the Federation of Thai Industries (FTI). This decrease follows a more substantial drop of 23.08% year-on-year in March. The FTI attributed April’s reduced production figures to long holidays during the month. For the January to…

  • Business NewsUS imposes major tariffs on Chinese EVs and semiconductors

    US imposes major tariffs on Chinese EVs and semiconductors

    The United States recently imposed substantial tariffs on Chinese products, focusing particularly on electric vehicles (EVs) and semiconductors. This move is expected to push China to expand its EV manufacturing within Asia, with Thailand emerging as a significant export hub, according to the Federation of Thai Industries (FTI). President Joe Biden’s administration cited Beijing’s unfair trade practices as the reason for…

  • Thailand NewsBangkok Land to transform Mueang Thong Thani into smart city

    Bangkok Land to transform Mueang Thong Thani into smart city

    Bangkok Land, a Stock Exchange of Thailand (SET)-listed company, is poised to transform Mueang Thong Thani into a smart city district. This ambitious plan includes the establishment of a new seafood and fruit centre aimed at providing affordable goods to attract tourists to Nonthaburi. The development is strategically timed to coincide with the launch of the Pink Line monorail service,…

  • Business NewsTipco Asphalt profits plummet 99% due to delays

    Tipco Asphalt profits plummet 99% due to delays

    Tipco Asphalt Plc (Tasco), listed on the Stock Exchange of Thailand (SET), faced a challenging first quarter with reduced earnings and profits due to delays in state budget spending and low global asphalt prices. Despite this, the company remains optimistic about returning to normal growth levels within the year. The company reported a significant revenue drop of 37%, falling to…

  • Business NewsBetting on Songkhla: Legal casino spin to boost border tourism

    Betting on Songkhla: Legal casino spin to boost border tourism

    Tourism operators in Songkhla urge the government to consider developing an entertainment complex with a legal casino to revitalise tourism in border areas and reduce dependence on Malaysian visitors. As the government reviews a project for an integrated entertainment complex, Songchai Mungprasithichai, President of the Songkhla Tourism Promotion Association, highlighted the potential of Ban Dan Nok and the area around…

  • Thailand NewsThai PM to attend Bangkok Pride 2024 amid security concerns

    Thai PM to attend Bangkok Pride 2024 amid security concerns

    Prime Minister Srettha Thavisin will attend the Bangkok Pride Festival 2024, becoming the first Thai premier to join the event. This decision comes despite security concerns highlighted by a recent warning from the US Federal Bureau of Investigation (FBI) and the Department of Homeland Security (DHS). On May 10, both organisations issued a joint release warning that foreign terrorist organisations…