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 NewsStark Corporation’s interim CEO detained amid corporate scandal investigations

    Stark Corporation’s interim CEO detained amid corporate scandal investigations

    Stark Corporation interim CEO Vonnarat Tangkaravakoon has been apprehended amidst ongoing investigations into a series of corporate scandals. Vonnarat, presently detained in a private hospital under the authority of the Department of Special Investigation (DSI), was initially taken into custody at the hospital where he was receiving medical care. A warrant issued by the Criminal Court facilitated his arrest yesterday,…

  • Thailand NewsAOT announces 4.4bn baht plan to boost Suvarnabhumi and Don Mueang airports

    AOT announces 4.4bn baht plan to boost Suvarnabhumi and Don Mueang airports

    Airports of Thailand (AOT) revealed an ambitious investment plan of 4.4 billion baht for enhancements at Suvarnabhumi International Airport and Don Mueang International Airport. These plans were made public by AOT Deputy Director Keerati Kitmanawat, who shared the vision of increasing service and security standards at Suvarnabhumi Airport to meet the passenger traffic that is expected to bounce back to…

  • Tourism NewsThai tourism index for Q4 2023 signals risk of deflation

    Thai tourism index for Q4 2023 signals risk of deflation

    The Tourism Council of Thailand’s (TCT) quarterly index has reported a lower-than-normal confidence level for the fourth quarter of 2023, signalling concerns among operators about the risk of deflation and delayed fiscal budget disbursement. The Thai tourism index for the last quarter of the year scored 77, with 100 being the average; this is an increase from the third quarter’s…

  • Business NewsThai industrial authority partners with Japanese firms for green utility project

    Thai industrial authority partners with Japanese firms for green utility project

    The Industrial Estate Authority of Thailand (IEAT) is collaborating with Japanese firms, IHI Corporation and IHI Asia Pacific (Thailand) Co, on a green utility project at the Smart Park Industrial Estate in Rayong. The initiative, aimed at encouraging eco-considerate manufacturing, will involve a feasibility study on the development of renewable energy and green infrastructure. The study marks the first phase…

  • Business NewsChamber of Thailand calls for cut in interest rates to boost recovery

    Chamber of Thailand calls for cut in interest rates to boost recovery

    The Thai Chamber of Commerce (TCC) expressed its expectations for the Bank of Thailand to consider a reduction in interest rates in its forthcoming meeting. The TCC argues that although the economy is on a recovery trajectory, it remains susceptible to various challenges. Sanan Angubolkul, the chairman of the chamber, acknowledged the decisions made by the Monetary Policy Committee (MPC)…

  • Business NewsAI, foldable screens, and gaming features target wealthy Thai consumers

    AI, foldable screens, and gaming features target wealthy Thai consumers

    Premium smartphones equipped with artificial intelligence (AI), foldable screens, and specialised gaming features are being aggressively marketed by manufacturers to wealthy Thai consumers in the first quarter. This marketing strategy is in harmony with the Thai government’s shopping tax incentive and the festive atmosphere of the Chinese New Year. M Vision’s chief executive, Opas Cherdpunt, anticipates a minimum 10% rise…

  • Business NewsThai Honda forecast mild ‘declinecycle’ in domestic sales this year

    Thai Honda forecast mild ‘declinecycle’ in domestic sales this year

    Thai Honda Co, a leading motorcycle manufacturer and distributor, predicts a mild decline in domestic sales to around 1.7-1.75 million units this year. This anticipated dip is attributed to the newly implemented regulations aimed at managing high levels of household debt. In the previous year, Thailand recorded total motorcycle sales of 1.88 million units. For the coming year, sales of…

  • Business NewsNorth Korea abolishes economic cooperation laws with South Korea

    North Korea abolishes economic cooperation laws with South Korea

    North Korea’s state-run media announced today that the country’s Parliament unanimously agreed to abolish laws about inter-Korean economic cooperation. This decision is consistent with the policy declared by leader Kim Jong Un last month, where he expressed no intent for peaceful reunification with South Korea. At a session held yesterday, February, 7, the Supreme People’s Assembly agreed to scrap the…

  • Business NewsThailand urged to speed up joint gas project with Cambodia

    Thailand urged to speed up joint gas project with Cambodia

    Energy experts urged Thailand to accelerate discussions on a joint gas production endeavour with Cambodia in the overlapping claim area (OCA). The call comes in light of the global shift towards clean energy, which could pose challenges to new petroleum projects due to their contribution to carbon emissions. Despite its initiation in 2001, the OCA negotiations have yet to progress…

  • Business NewsEnhancing transparency and trust: SEC’s cautionary measures

    Enhancing transparency and trust: SEC’s cautionary measures

    In a bid to enhance transparency and trust in the capital market, the Securities and Exchange Commission (SEC) is set to introduce cautionary measures for securities that fail to conform to the listing regulations. This initiative will start on April 1. The SEC is also considering a revamp of its listing rules to elevate the quality of listed companies by…

  • Business NewsTesla’s South Korea sales slump amidst safety concerns, subsidy cuts

    Tesla’s South Korea sales slump amidst safety concerns, subsidy cuts

    Tesla Inc’s sales in South Korea took a hit in January, with the company selling only one electric vehicle (EV) in the entire month. The Austin-based automaker faced a range of challenges, including safety concerns, pricing issues, and inadequate charging infrastructure. Data from the Korean trade ministry and Seoul-based researcher Carisyou revealed that the single sale of a Model Y…

  • Business NewsPromising future for Thai SET in healthcare, tourism, food sectors

    Promising future for Thai SET in healthcare, tourism, food sectors

    Despite the slow recovery of the Stock Exchange of Thailand (SET) from last year’s significant slump, executives see a promising future in healthcare, tourism, and food stocks. They believe these sectors can offer attractive opportunities for investors and encourage more companies to enlist on the bourse. Manpong Senanarong, SET Senior Executive Vice-President and head of the Issuer and Listing Division,…

  • Business NewsThailand reduces foreign tech reliance with home-grown AI system

    Thailand reduces foreign tech reliance with home-grown AI system

    Thailand is taking proactive steps to lessen its dependence on foreign technologies, with a particular focus on artificial intelligence(AI). To this end, the nation is intensifying its efforts around the development of a home-grown version of the generative pre-trained transformer (GPT) model known as Open ThaiGPT, said Chai Wutiwiwatchai, executive director of the National Electronics and Computer Technology Center (Nectec).…

  • Business NewsNew VC funds to boost startup growth in 2024

    New VC funds to boost startup growth in 2024

    This year, the growth of startups is anticipated to see a significant boost as several new venture capital (VC) funds emerge, following a period of slowed activity during the pandemic and recent crypto winter. Among these is the Finno Efra Fund, valued at 1.3 billion baht, co-established by EfraStructure and Krungsri Finnovate, with operations set to commence in March. Pawoot…

  • Business NewsThailand’s investment applications surge to five-year high in 2023

    Thailand’s investment applications surge to five-year high in 2023

    Thailand’s investment promotion applications in 2023 skyrocketed to a five-year high of 848 billion baht, marking a 43% increase from the adjusted figure of the previous year. The surge was powered by significant foreign investments in the five priority sectors identified in the Board of Investment’s (BoI) fresh Investment Promotion Strategy. Contributing to this colossal growth in Thailand’s foreign direct…

  • Business NewsThailand’s blue flag stores to become drop-off points for postal goods

    Thailand’s blue flag stores to become drop-off points for postal goods

    The Internal Trade Department is joining forces with Thailand Post in an initiative that will see the country’s Blue Flag (Thong Fah) affordable stores used as drop-off points for goods from farmers, small and medium-sized enterprises (SMEs), and the general public. The Department Director-General, Wattanasak Sur-iam, confirmed that discussions with Thailand Post had taken place and that they were in…

  • Business NewsChinese New Year spending in Thailand set to hit decade high

    Chinese New Year spending in Thailand set to hit decade high

    The upcoming Chinese New Year festival, set to start on Thursday, February 8, is predicted to witness the largest financial outlay by Thai locals in over a decade, thanks to the nation’s economic resurgence following the pandemic’s impact. The annual survey conducted by the University of the Thai Chamber of Commerce (UTCC), monitoring consumer expenditure during the festival, foresees a…

  • Business NewsAIS in talks with PTT OR for virtual bank licence application

    AIS in talks with PTT OR for virtual bank licence application

    Potential collaborations are underway as Advanced Info Service (AIS) engages in discussions with PTT Oil and Retail Business (OR) and a digital platform provider. The objective is to apply for a virtual bank licence from the Bank of Thailand, revealed AIS Chief Executive, Somchai Lertsutiwong. This partnership would be an addition to AIS’s current plan to secure a license with…

  • Business NewsThailand targets 35 million international tourists

    Thailand targets 35 million international tourists

    The Tourism and Sports Ministry of Thailand is optimistic about its ability to attract 35 million international tourists this year. This confidence stems from the fact that in the first month of the year alone, the country recorded three million foreign visitors. The encouraging figure was aided by daily arrivals exceeding 90,000 on weekdays and 100,000 during the weekends in…

  • Business NewsThai bond market to remain strong with 1 trillion baht new issuances

    Thai bond market to remain strong with 1 trillion baht new issuances

    The Thai bond market is projected to remain strong this year, with estimated new issuances totalling 1 trillion baht (US$27.9 billion), says financial advisory firm SCB Wealth. The sustained high interest rates are expected to contribute to favourable returns. Sornchai Suneta, Executive Vice President of SCB Wealth’s Investment Office and Product Function, anticipates that the bond market will continue to…

  • Business NewsThai finance minister urges bank of Thailand to lower policy rate

    Thai finance minister urges bank of Thailand to lower policy rate

    The Deputy Finance Minister, Julapun Amornvivat, called on the Bank of Thailand’s Monetary Policy Committee (MPC) to consider lowering its policy rate. The request comes in a bid to alleviate the strain on the public, taking into account the impact of the policy rate on individuals rather than solely focusing on financial stability. Julapun argues for a harmonious approach, stating…

  • Business NewsRed Sea attacks reshape global oil market towards regionalisation

    Red Sea attacks reshape global oil market towards regionalisation

    The global oil market is becoming increasingly regionalised due to militant attacks in the Red Sea and skyrocketing freight rates making more local supplies desirable. A decrease in tanker traffic through the Suez Canal is encouraging a divide, with one trading area centred around the Atlantic Basin, including the North Sea and the Mediterranean, and another focused on the Persian…

  • Business NewsCourt cancels Elon Musk’s billion pay deal

    Court cancels Elon Musk’s $56billion pay deal

    Last week, Tesla CEO Elon Musk suffered a significant legal setback when a court nullified his US$56 billion pay package, marking one of the most substantial legal losses in US history. The suit was lodged by Richard Tornetta, a resident of Pennsylvania, who owned just nine shares in Tesla back in 2018. The case reached trial in late 2022 and…

  • Business NewsLabour costs outpace revenue growth in Thai tourism sector

    Labour costs outpace revenue growth in Thai tourism sector

    Rising labour costs in the tourism sector are outpacing revenue growth, resulting in increased hotel expenses, as revealed by hospitality market analyst STR. Jesper Palmqvist, senior director for Asia-Pacific at STR, warned that the only risk for hotels this year is maintaining cost controls in light of the extraordinary growth of labour costs and room rates. Over the past one…

  • Business NewsThailand’s Land Bridge project eyed as foreign investment magnet

    Thailand’s Land Bridge project eyed as foreign investment magnet

    The Land Bridge project in southern Thailand, a proposal yet to be approved, is being highlighted as a potential boon for foreign investments, akin to the successful Eastern Economic Corridor (EEC). This comparison is drawn by the current government. The EEC, unlike the proposed Land Bridge, is operational and continues to develop, acting as a high-tech industrial hub drawing investments.…

  • Business NewsEV and SUV sales set for boost in Thailand amid automotive industry changes

    EV and SUV sales set for boost in Thailand amid automotive industry changes

    This year, the automotive industry anticipates uneven sales growth, shaped by motorists’ evolving preferences and lenders’ decision-making. Electric vehicle (EV) makers and banks will be crucial in shaping domestic sales, especially within the pure pickup category. As per the Federation of Thai Industries (FTI), EVs, pickup passenger vehicles (PPVs), and sport utility vehicles (SUVs) are predicted to be this year’s…

  • Business NewsThai Airways on track for Stock Exchange return amid rehabilitation success

    Thai Airways on track for Stock Exchange return amid rehabilitation success

    Anticipations are high for Thai Airways International Plc (THAI) to make its comeback on the Stock Exchange of Thailand (SET) in the coming year, as disclosed by Tibordee Wattanakul, the director-general of the State Enterprise Policy Office (SEPO). The national flag carrier’s liquidity is on the mend, and operations are systematically aligning with its rehabilitation plan. This positive shift is…

  • Business NewsBusinesses warned of risks of not adopting AI, says Stanford professor

    Businesses warned of risks of not adopting AI, says Stanford professor

    Stanford University Graduate School of Business Professor Amir Goldberg stressed the urgency for businesses to actively engage with artificial intelligence (AI), according to a conversation with a former corporate executive. Highlighting the vital role AI plays in today’s competitive market, Professor Goldberg warned businesses of the risks of not adopting AI, likening it to a fast-moving train that cannot be…

  • Thailand NewsThai hotels hit hard as property tax breaks end

    Thai hotels hit hard as property tax breaks end

    Thai hotels are facing an uphill battle this year as the government pulls the plug on property tax reductions and energy prices soar, sending operating costs skyrocketing by 10%. Marisa Sukosol Nunbhakdi, the President of the Thai Hotels Association (THA), reveals the dire consequences for hotel owners who enjoyed a 90% tax discount in 2020-21, only to see it evaporate…

  • Business NewsThailand’s rice exports expected to drop 14.4% amid global competition

    Thailand’s rice exports expected to drop 14.4% amid global competition

    A projected drop of 14.4% in Thailand’s rice exports is anticipated for this year, due to a combination of reduced production and increased global competition, as reported by the Foreign Trade Department. The department’s director-general, Ronnarong Phoolpipat, revealed that the estimate of 7.5 million tonnes of rice exports this year was jointly made with the Thai Rice Exporters Association. This…