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 NewsThailand’s manufacturing production sees steep fall due to car output drop

    Thailand’s manufacturing production sees steep fall due to car output drop

    The Industry Ministry reported a year-on-year fall of 6.27% in Thailand’s manufacturing production index for December, attributed to a downturn in car production. This figure was notably steeper than the anticipated 3.2% decrease, according to a Reuters poll. This followed the 4.71% drop in November, rounding out a year in which overall output shrank by 5.11%. In addition to the…

  • Business NewsThai government and central bank clash over interest rates

    Thai government and central bank clash over interest rates

    The ongoing discord between government officials and central bankers regarding interest rate adjustments is creating uncertainty for local banks and could potentially trigger further foreign investor withdrawals. Thailand Prime Minister Srettha Thavisin, along with key advisors, is advocating for a reduction in rates by the Bank of Thailand (BoT) to stimulate an economy the Thai PM describes as being in…

  • Business NewsElon Musk’s US billion pay deal under threat after judge’s ruling

    Elon Musk’s US$55 billion pay deal under threat after judge’s ruling

    Having spent several years as the wealthiest person globally, Elon Musk, CEO of Tesla, faces the potential of falling to the third position following a Delaware judge’s ruling on his US$55 billion pay deal. The judge, Kathaleen St. J. McCormick, sided with a Tesla investor who argued that the 2018 remuneration package lacked clarity on Musk’s performance expectations and that…

  • Business NewsFree visa policy to boost Thai tourism stocks amid Chinese arrivals

    Free visa policy to boost Thai tourism stocks amid Chinese arrivals

    An agreement for a free visa policy between Thailand and China is set to greatly boost seven Thai tourism-related stocks, as projected by brokerages. This policy, signed earlier this week, is anticipated to cause a significant uptick in Chinese arrivals in Thailand this year. The Tourism Authority of Thailand (TAT) set a target of attracting 8.2 million Chinese tourists in…

  • Business NewsCabinet gives preliminary approval to revamp Fisheries Act of 2015

    Cabinet gives preliminary approval to revamp Fisheries Act of 2015

    The proposed revision to the Fisheries Act of 2015 yesterday received preliminary approval from the Cabinet. The government aims to ease the challenges encountered by the fishing industry and foster more efficient and sustainable fishing practices. The proposed changes are expected to provide relief to over 600,000 small-scale coastal fishing households in 20 provinces, many of whom were compelled to…

  • Business NewsTaiwanese tourism in Thailand set to hit one million mark

    Taiwanese tourism in Thailand set to hit one million mark

    The Taiwanese tourism market in Thailand is projected to reach a milestone of one million visitors this year, provided that Thailand’s government prolongs its visa-free scheme until the end of the year. Sisdivachr Cheewarattanaporn, president of the Association of Thai Travel Agents (ATTA), stated that despite the delayed visa exemption approval for Taiwanese tourists in November last year, the total…

  • Business NewsIndorama Ventures turns PET recycling into a fun learning experience

    Indorama Ventures turns PET recycling into a fun learning experience

    Indorama Ventures Plc (IVL), the chemical manufacturing firm, has taken a fun-filled approach to address the issue of a limited supply of waste polyethylene terephthalate (PET) bottles which has been affecting its recycling business. The company has taken to educating young students, encouraging them to see used PET bottles as a source of enjoyment and creativity while also promoting the…

  • Business NewsRevving up: Thailand’s car production to rise by 3.17% in 2024, predicts FTI

    Revving up: Thailand’s car production to rise by 3.17% in 2024, predicts FTI

    The Federation of Thai Industries (FTI) predicted a 3.17% rise in Thailand’s car production this year, reaching an estimated total of 1.9 million units. This projection comes despite the less-than-anticipated total car production of 1.84 million units last year, falling short of the 1.85 million units target. According to Surapong Paisitpatanapong, Vice-Chairman and spokesperson for the FTI’s Automotive Industry Club,…

  • Business NewsSET index may drop below 1,300 due to digital wallet handout

    SET index may drop below 1,300 due to digital wallet handout

    The Stock Exchange of Thailand (SET) index could potentially plummet below the 1,300-point mark this year, warns the CEO of One Asset Management (ONEAM), Pote Harinasuta. This alarming projection is associated with the government’s proposed digital wallet handout which could result in Thailand’s credit rating being downgraded and a subsequent hike in corporate borrowing costs. Key factors that could influence…

  • Business NewsThailand govt pushes for 500-billion-baht loan to boost economy

    Thailand govt pushes for 500-billion-baht loan to boost economy

    Deputy Finance Minister Julapun Amornvivat underlined the government’s prerogative to deem the current economy as crisis-ridden, a pivotal aspect for sanctioning the 500-billion-baht loan bill to propel its digital wallet disbursement scheme. According to him, the definition of an economic crisis is subjective, hinging on individual perception. Nonetheless, the government’s assessment paints the picture of an economy in dire need…

  • Business NewsBank of Thailand urged to slash interest rates amid economic struggle

    Bank of Thailand urged to slash interest rates amid economic struggle

    Pressure is mounting on the Bank of Thailand to ease the economic strain on small and medium-sized enterprises (SMEs) by slashing interest rates on commercial bank loans. Pichai Naripthaphan, deputy chairman of the Pheu Thai Party‘s strategies and politics committee and an advisor to Prime Minister Srettha Thavisin, argued that the central bank needs to acknowledge the real-world challenges people…

  • Business NewsMuang Thai Life Assurance diversifies into healthcare business

    Muang Thai Life Assurance diversifies into healthcare business

    Muang Thai Life Assurance (MTL) is actively pursuing plans to diversify its portfolio by investing in medical treatment businesses. The company’s president and chief executive, Sara Lamsam, confirmed this strategic move. According to Lamsam, this expansion is in response to a trend observed in markets such as the United States, Europe, and other Asian countries where insurance companies are leveraging…

  • Business NewsThailand’s car production hits brakes, sees 15.75% drop in December

    Thailand’s car production hits brakes, sees 15.75% drop in December

    Thailand’s car production experienced a significant drop of 15.75% in December, compared to figures from the previous year, marking the fifth consecutive month of decline, according to the Federation of Thai Industries (FTI). The downturn resulted in only 133,621 units being produced, largely due to a reduction in pickup truck output. This figure is a stark contrast to November’s year-on-year…

  • Business NewsHong Kong court orders liquidation of China’s indebted developer Evergrande

    Hong Kong court orders liquidation of China’s indebted developer Evergrande

    China’s most indebted property developer, China Evergrande, was ordered to liquidate by a Hong Kong court today, a move that could potentially destabilise the already trembling Chinese capital and property markets. The liquidation process could be intricate due to the multiple authorities involved and the potential political implications. Following the order for liquidation, a provisional liquidator will be appointed, followed…

  • Business NewsThai jewellery industry urged to focus on sustainable manufacturing

    Thai jewellery industry urged to focus on sustainable manufacturing

    The Gem and Jewellery Institute of Thailand (GIT) urged Thai jewellery producers to bolster their focus on sustainable manufacturing. The call to action comes amid growing customer interest in the ethical and environmental considerations of the industry. GIT, an agency of the Commerce Ministry, emphasised that while the industry primarily centres around design and the ability to refine uncut jewels,…

  • Business NewsChina’s Lunar New Year tourism surge unlikely to reach pre-pandemic levels

    China’s Lunar New Year tourism surge unlikely to reach pre-pandemic levels

    Anticipations are high for an increased number of Chinese tourists venturing abroad during the forthcoming Lunar New Year. However, industry analysts predict the numbers will not reach the pre-pandemic levels due to the prevailing uncertain economic situation and evolving consumer trends. A significant surge in passenger traffic during the 40-day festive travel period, known as Chun Yun, is suggested by…

  • Business NewsBitcoin ETFs surge after US SEC approval boosts annual ROI

    Bitcoin ETFs surge after US SEC approval boosts annual ROI

    Having received approval from the US Securities and Exchange Commission (SEC) for 11 Bitcoin exchange-traded funds (ETFs), the cryptocurrency is seeing a resurgence, boosting its annual return on investment by over 150%. This surge has been aided by a predicted Bitcoin halving in April, leading to the cryptocurrency reclaiming its top position for asset annual ROI. The decision by the…

  • Business NewsThailand’s Land Bridge project eyed for boosting economy amid local concerns

    Thailand’s Land Bridge project eyed for boosting economy amid local concerns

    Thailand’s Land Bridge project, a major infrastructure initiative resembling a proposed shortcut through Southeast Asia, dominated the recent mobile Cabinet meeting in Ranong. Residents expressed apprehensions to Prime Minister Srettha Thavisin, highlighting potential environmental damage and disruptions to their lifestyle. In the face of forecasted stagnant GDP growth, the government views the Land Bridge project as a promising solution for…

  • Business NewsRed sea conflicts could disrupt global trade, Thai economy at risk

    Red sea conflicts could disrupt global trade, Thai economy at risk

    The business world is on high alert as the ongoing conflicts in the Red Sea and the Israel-Hamas war pose potential risks to the global economy. The strategic planning unit of the Commerce Ministry is urging stakeholders to keep a close watch on the situation and its potential implications. The conflicts could bring both direct and indirect negative impacts on…

  • Business NewsNocNoc leverages AI for personalised consumer experiences with IPO planned for 2028

    NocNoc leverages AI for personalised consumer experiences with IPO planned for 2028

    NocNoc, the e-marketplace specialising in home products and services, leverages artificial intelligence (AI) to deliver personalised online and offline consumer experiences. The platform is expanding into new lifestyle categories to tap into the home and living market, estimated to be valued at around 450 billion baht. Better Bee Marketplace Co, the firm behind the platform, anticipates an initial public offering…

  • Business NewsNex point projects commercial EV sales to hit 5,556 by 2024

    Nex point projects commercial EV sales to hit 5,556 by 2024

    Nex Point, a SET-listed local assembler of commercial electric vehicles (EVs), is forecasting sales to hit 5,556 units by the end of 2024. This projection stems from an increased demand from businesses operating in the transport and logistics industries. A rise in such interest is tied to these sectors’ growing commitment to lower carbon emissions. Between January and September of…

  • Business NewsThai travel agents expect Chinese tourist surge during Lunar New Year

    Thai travel agents expect Chinese tourist surge during Lunar New Year

    The Association of Thai Travel Agents (ATTA) anticipates a surge in Chinese tourists during the Lunar New Year holiday, estimating daily arrivals of 20,000 to 25,000. ATTA President, Sisdivachr Cheewarattanaporn, attributes this boost to enhanced charter and scheduled flights, alongside the visa-free scheme designed to spur Chinese demand. Chinese arrivals have shown a marked increase this year, averaging 15,000 to…

  • Business NewsThai baht could depreciate further against US dollar, says K-Research

    Thai baht could depreciate further against US dollar, says K-Research

    The Thai baht, already experiencing a downward trend, could further depreciate against the US dollar, potentially reaching 36 baht to a dollar, according to Kasikorn Research Centre (K-Research). This forecast is contingent upon robust US economic data, set to be released later this week, which could indicate a resilient US economy. Additionally, any delays in the Federal Reserve’s proposed trimming…

  • Business NewsPressure mounts on Bank of Thailand to reduce high interest rates

    Pressure mounts on Bank of Thailand to reduce high interest rates

    Thailand Deputy Finance Minister Julapun Amornvivat expressed concern that the country’s current interest rates are excessively high, putting strain on citizens’ disposable income and stunting the nation’s economic growth. This stance encourages the Bank of Thailand to reconsider its monetary policies. “The Thai people’s spending power is in jeopardy due to these high rates. I hope the Bank of Thailand…

  • Business NewsThailand’s retail sector expects double-digit growth driven by private consumption and online retail

    Thailand’s retail sector expects double-digit growth driven by private consumption and online retail

    Anticipating a robust year ahead, Thailand’s retail sector is poised for a double-digit expansion. The growth is primarily spurred by a surge in private consumption and the government’s stimulus measures, such as the Easy E-Receipt tax refund scheme and a boom in online retail. However, the rising cost of living is a cause for concern, as stated by the Economic…

  • Business NewsThailand to launch green investment trusts for forestry initiatives

    Thailand to launch green investment trusts for forestry initiatives

    Thai regulatory bodies are paving the way for the establishment of investment trusts dedicated to forestry and tree-planting initiatives. These new financial products, dubbed green investment trusts, are part of an effort to diversify the capital markets and provide financial support to sectors that align with carbon neutrality goals. Pornanong Budsaratragoon, the secretary-general of the Securities and Exchange Commission (SEC),…

  • Business NewsRising Red Sea tensions to spike freight rates warns EconThai

    Rising Red Sea tensions to spike freight rates warns EconThai

    Global supply chains are bracing for further potential disruptions, as rising tensions in the Red Sea are projected to escalate freight rates in February, according to the Employers’ Confederation of Thai Trade and Industry (EconThai). The organisation has already noted an increase in freight rates by 1.89 to 2.42 times, a trend expected to persist should the tensions continue. Tanit…

  • Business NewsThailand’s new green utility tariff boosts renewable energy use

    Thailand’s new green utility tariff boosts renewable energy use

    The unveiling of a Green Utility Tariff (GUT) next month is set to bring about a significant progression in renewable energy use within Thailand, bolstering local businesses and attracting foreign investment. This move has been eagerly awaited by numerous companies considering expansion into Thailand, as they seek not only the necessary infrastructure but also a source of clean energy to…

  • Business NewsThailand aims to be among top five Asian tech ecosystems

    Thailand aims to be among top five Asian tech ecosystems

    Aspiring to rank among Asia’s top five tech ecosystems within the next decade, Thailand is currently focusing on the development of smart industries, particularly in tourism, healthcare, agriculture, and manufacturing, according to a statement by a corporate innovation accelerator. Dr Kid Parchariyanon, CEO and co-founder of RISE, the accelerator, insisted that the adoption of artificial intelligence (AI), along with nurturing…

  • Business NewsThailand’s GDP growth disappoints with a slow 1.8% rise in 2023

    Thailand’s GDP growth disappoints with a slow 1.8% rise in 2023

    GDP growth in 2023 slowed down to a disappointing 1.8%, according to an announcement by the Fiscal Policy Office (FPO). Director-general, Pornchai Thiraveja, attributed this to a combination of negative factors impacting the economy. Originally, the growth was forecast to rise to 2.7% in 2023, based on a projection made in October last year. The less-than-anticipated growth is due to…

1 2 3 5