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 NewsADB revises Thailand GDP forecast, warns of slower Asia growth

    ADB revises Thailand GDP forecast, warns of slower Asia growth

    The Asian Development Bank (ADB) revised its economic forecasts today, upgrading Thailand’s Gross Domestic Product (GDP) projection for this year while maintaining next year’s estimate. However, the bank warns that developing Asia is set to experience slower growth than anticipated, with potential challenges looming due to possible changes in US trade policies under President-elect Donald Trump. Developing Asia, encompassing 46…

  • Business NewsNBTC partners with Facebook for digital marketing training

    NBTC partners with Facebook for digital marketing training

    The National Broadcasting and Telecommunications Commission (NBTC) has partnered with Facebook and Kenan Foundation Asia to offer digital marketing training through 1,836 USO Net public Internet centres across the country. The Meta’s SME Academy and Seller Education course is designed to help individuals in remote areas increase their income through digital marketing skills. NBTC board chairman Sarana Boonbaichaiyapruck explained that…

  • Thailand NewsThailand to reassess state welfare card criteria amid wage hike

    Thailand to reassess state welfare card criteria amid wage hike

    The Finance Ministry intends to reassess the eligibility criteria for state welfare cards in light of the planned minimum wage increase. Deputy Finance Minister Julapun Amornvivat announced that the ministry will conduct a review of the criteria next year, allowing new registrations for Thais who wish to apply for state welfare cards. The review aims to determine if the current…

  • Business NewsThailand cash handout to boost Q4 GDP growth despite challenges

    Thailand cash handout to boost Q4 GDP growth despite challenges

    The Thai government’s initial cash handout is anticipated to boost the national economy in the upcoming months, according to industrial leaders and brokerages. They recommend that the second phase of the handout target individuals with higher purchasing power to prolong economic stimulation. In the first phase, the government distributed 10,000 baht in cash to each of the 14.5 million welfare…

  • Business NewsSoftware sector grows 12.8%, hits 215 billion baht

    Software sector grows 12.8%, hits 215 billion baht

    The software sector experienced a robust growth of 12.8% last year, reaching a valuation of 215 billion baht (US$6.4 billion), outperforming three other digital sectors. Investment in advanced technologies such as artificial intelligence (AI), data analytics, cloud computing, and cybersecurity bolstered this growth, according to a joint survey by the Digital Economy Promotion Agency (Depa) and IMC Institute. The software…

  • Transport NewsThailand’s new transport centre boosts regional logistics hub status

    Thailand’s new transport centre boosts regional logistics hub status

    Airports of Thailand Ground Aviation Services (AOTGA) anticipates that its newly inaugurated Multimodal Transportation Centre at Suvarnabhumi Airport will bolster Thailand’s position as a regional logistics hub, enhancing goods transportation among Cambodia, Laos, Myanmar, and Vietnam (CLMV). The new centre is designed to integrate various transportation modes, including land, rail, sea, and air, with the added benefit of consolidating customs…

  • Business NewsLe Pan’s big rise: CPRAM factory to bake up 20% market share

    Le Pan’s big rise: CPRAM factory to bake up 20% market share

    A leading ready-to-eat food manufacturer CPRAM Co Ltd, and owner of the Le Pan Bakery brand under the Charoen Pokphand Group inaugurated a new factory in Chon Buri in a bid to capture a 20% market share in the Thai bakery sector this year. CPRAM President Wisade Wisidwinyoo announced that the new facility, valued at 2 billion baht, boasts a…

  • Tourism NewsThailand targets 8 million Chinese tourists in 2024 amid diverse strategies

    Thailand targets 8 million Chinese tourists in 2024 amid diverse strategies

    The Tourism Authority of Thailand (TAT) has set an ambitious target of 8 million Chinese tourist arrivals for 2024 and is diversifying its focus to niche markets with significant purchasing power, such as young travellers, small meeting groups, and caravan tours. “Demand among Chinese is not enough to entice Chinese airlines to increase flights to Thailand,” said Nonglux Yooyendee, director…

  • 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 NewsThailand to explore AANZFTA ties and new economic partnerships

    Thailand to explore AANZFTA ties and new economic partnerships

    Prime Minister Srettha Thavisin has committed to strengthening collaboration under the ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA), maintaining current markets, and forging new economic partnerships, government spokesman Chai Wacharonke announced yesterday. Delegates from the Commerce Ministry and the Department of Trade Negotiations (DTN) participated in the 21st AANZFTA Joint Committee Meeting held in Auckland, New Zealand, from May 26 to…

  • 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 NewsThailand reviews property tax law after five years

    Thailand reviews property tax law after five years

    The Finance Ministry is currently reviewing the Land and Building Tax Act, which has been in effect for five years, marking a crucial phase in reforming Thailand’s property tax regime. Public hearings have been conducted to gather opinions from the public and stakeholders. Finance Permanent Secretary Lavaron Sangsnit says the amended version of the land and building tax law will…

  • 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 NewsVintage vibes: Public hearing revs up classic car imports

    Vintage vibes: Public hearing revs up classic car imports

    The Foreign Trade Department has initiated a public hearing on a proposed amendment to a notification that would allow the import of certain classic cars for promotional events. The department’s Director-General, Ronnarong Phoolpipat, announced that a new notification has been drafted for the Commerce Ministry concerning this category of used vehicles. The amendment addresses restrictions on specific used vehicle imports,…

  • 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 NewsThailand’s GPSC secures 1,050MW solar project in India

    Thailand’s GPSC secures 1,050MW solar project in India

    The power generation division of Thailand’s PTT Plc, Global Power Synergy Plc (GPSC), is making significant strides in expanding its renewable energy footprint in India. Its subsidiary, Avaada Energy, has secured a contract to construct a massive 1,050-megawatt solar farm aimed at boosting clean energy production, reducing carbon emissions, and serving millions in India. Avaada Energy emerged victorious in a…

  • 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 NewsThailand urged to support major theme parks

    Thailand urged to support major theme parks

    Thailand should offer robust support, including investment incentives and infrastructure development, to attract major theme park brands like Disney, according to the International Association of Amusement Parks and Attractions (IAAPA). IAAPA Board Chairman Wuthichai Luangamornlert emphasised that investors are inclined to develop attractions in destinations providing substantial support. China’s rail transport system was completed a year before the opening of…

  • 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…