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 NewsBitcoin surpasses US$55,000 mark fuelled by ETFs, MicroStrategy purchases | Thaiger

    Bitcoin surpasses US$55,000 mark fuelled by ETFs, MicroStrategy purchases

    Bitcoin has once again crossed the US$55,000 mark, a feat not seen since late 2021, bolstered by exchange-traded funds’ investor demand and additional acquisitions by MicroStrategy Inc. In Singapore today, the most significant digital asset witnessed a 1% surge, standing at US$55,112 following an over 5% rise in the US session. Bitcoin’s value has seen an impressive 30% increase since…

  • Business NewsThailand aims to become Southeast Asia’s data centre hub | Thaiger

    Thailand aims to become Southeast Asia’s data centre hub

    The Thailand Data Centre Council (TDCC) is pushing to establish Thailand as the central hub for data centres in Southeast Asia in the next three years, amid rising competition with foreign data centre providers joining the market. From the United States, Japan, China, Singapore, Malaysia, Australia, and India, global cloud data centre operators are turning their investment focus towards Thailand.…

  • Business NewsThailand’s border trade faces slowdown amid regional politics | Thaiger

    Thailand’s border trade faces slowdown amid regional politics

    The Federation of Thai Industries (FTI) predicts a slowdown in Thailand’s border trade for the current year due to political turmoil in Myanmar and economic issues in other neighbouring nations. Myanmar, Laos, Malaysia, and Cambodia, nations that share borders with Thailand, are facing obstacles to their economic growth, says Montri Mahaplerkpong, the FTI Vice-Chairman. Among the challenges, he highlights the…

  • Business NewsFranchise frenzy: Commerce Ministry ramps up business game | Thaiger

    Franchise frenzy: Commerce Ministry ramps up business game

    Aiming to bolster its capabilities, the Commerce Ministry is set to upgrade franchise businesses, hasten the creation of franchise business standards, and foster relationships with domestic and international investors. The strategy is designed to expand the market and stimulate economic value. The Director-General of the Business Development Department under the Commerce Ministry, Auramon Supthaweethum, highlighted the appeal of the franchise…

  • Tourism NewsChinese economic stimulus to boost Thai tourism and economy | Thaiger

    Chinese economic stimulus to boost Thai tourism and economy

    Analysts predict that China’s economic stimulus measures will spur an increase in Chinese tourists visiting Thailand, potentially driving the Thai economy to achieve a growth rate of at least 3% this year. This is due to the expectation that Beijing’s financial initiatives will simultaneously boost the economies of both nations. Asia Plus Securities (APS) highlighted that China has rolled out…

  • Business NewsThailand’s green utility tariff implementation faces SME hurdles | Thaiger

    Thailand’s green utility tariff implementation faces SME hurdles

    The Energy Regulatory Commission (ERC) of Thailand has estimated a two-year time frame for full implementation of the recently launched green utility tariff (GUT). This tariff, aimed at regulating renewable power prices, is a significant leap towards the global pushback on carbon-intensive manufacturing. However, businesses, particularly small and medium-sized enterprises, and some state entities have expressed unpreparedness to adopt the…

  • Tourism NewsThailand explores long-term visa-free scheme with India | Thaiger

    Thailand explores long-term visa-free scheme with India

    Tourism authorities in Thailand are pushing for a long-term reciprocal visa-free scheme with India, projected to become the world’s third-largest economy by 2027. Somsong Sachaphimukh, the vice president of the Tourism Council of Thailand, highlighted the positive impact of the current temporary visa exemption for India, which has accelerated the Indian market’s growth. As of February 18, the Indian market…

  • Business NewsThai life assurance set for 2-4% growth in premiums this year | Thaiger

    Thai life assurance set for 2-4% growth in premiums this year

    The Thai Life Assurance Association (TLAA) has set its sights on a projected growth of 2-4% in industry premiums this year, amounting to 640-650 billion baht (US$17.8 billion-18 billion). Health insurance premiums are expected to see a significant rise, likely due to an increased public focus on health and wellbeing. TLAA President, Sara Lamsam, who also holds the position of…

  • Business NewsThailand optimises on Kazakhstan’s tourism and trade potential | Thaiger

    Thailand optimises on Kazakhstan’s tourism and trade potential

    Deputy Foreign Minister of Thailand, Jakkapong Sangmanee, emphasised the government’s optimism about enhanced tourism and trade between Thailand and Kazakhstan. This follows the forthcoming signing of three memoranda of understanding (MoUs) in April. Sangmanee, accompanied by the Tourism and Sports Minister Sudawan Wangsuphakijkosol, led a delegation of Thai investors to Kazakhstan’s capital, Astana, and its largest city, Almaty. During their…

  • Business NewsThai government’s revenue collection could fall short in 2024 | Thaiger

    Thai government’s revenue collection could fall short in 2024

    Deputy Finance Minister Krisada Chinavicharana expressed concerns that the government’s revenue collection for fiscal 2024 might not surpass the target, unlike the 174 billion baht (US$4.8 billion) surplus witnessed the previous year. This was announced at the Outstanding Revolving Fund Award event held yesterday. The government has projected an expenditure budget of 3.48 trillion baht (US$96 billion) for fiscal 2024,…

  • Business NewsThailand’s NIA plans new strategy to boost local startups | Thaiger

    Thailand’s NIA plans new strategy to boost local startups

    The National Innovation Agency (NIA) outlined a new strategy to bolster local startups and align them with global innovation demand. The strategy, Create the Dot — Connect the Dot — Value Creation, aims to increase the number of innovation-based enterprises (IBEs) and propel Thailand into the top 30 leading innovation nations by 2030. NIA executive director Krithpaka Boonfueng highlighted the…

  • Business NewsThaksin Shinawatra’s return stirs interest in Thailand’s economic policy | Thaiger

    Thaksin Shinawatra’s return stirs interest in Thailand’s economic policy

    Former Prime Minister of Thailand Thaksin Shinawatra is back in the political limelight following his release on parole. His return to his Ban Chan Song La residence in Bangkok, which previously served as his command centre during his time in office, has sparked interest from the business sector. They are keen to understand the potential implications this could have on…

  • Thailand NewsBeauty pageant stock’s overvaluation concerns | Thaiger

    Beauty pageant stock’s overvaluation concerns

    The once-dazzling rally of Miss Grand International Plc (MGI), a beauty pageant organiser, appears to be losing its shimmer as concerns loom large over its increasingly stretched valuation. Since its inception in mid-December at 4.95 baht apiece, the stock catapulted by over 900%, ranking as the second-best performer among new listings in the Asia Pacific region over the past three…

  • Business NewsThai Airways records recovery with US$782 million profit in 2023 | Thaiger

    Thai Airways records recovery with US$782 million profit in 2023

    Thai Airways International Public Company Limited witnessed a significant rebound in its earnings following an increase in air travel demand. The airline reported a net profit of 28.1 billion baht (US$782 million) in 2023, a substantial recovery from the 272-million-baht loss experienced in the previous year. This is the second-highest annual net income recorded by the company, surpassed only by…

  • Business NewsPizza company projects 15% sales growth despite food delivery downturn | Thaiger

    Pizza company projects 15% sales growth despite food delivery downturn

    Despite a challenging economic environment and a downturn in the food delivery sector, The Pizza Company remains optimistic about its growth prospects, projecting a 15% increase in sales this year. This confidence stems from its 20-minute delivery guarantee and strategic initiatives aimed at attracting younger customers. The company, a subsidiary of Minor Food, continues to focus on providing a value-for-money…

  • Business NewsPDMO to sell 100 billion baht savings bonds for budget deficit funding | Thaiger

    PDMO to sell 100 billion baht savings bonds for budget deficit funding

    The Public Debt Management Office (PDMO) announced plans to sell 100 billion baht (US$2.78 billion) worth of savings bonds within the fiscal year to finance the budget deficit. The initial issue, valued at 40 billion baht (US$1.1 billion), will be offered next month, according to the director-general of the PDMO, Patchara Anuntasilpa. The first tranche of savings bonds for the…

  • Business NewsThai export competitiveness declines with focus on rice market | Thaiger

    Thai export competitiveness declines with focus on rice market

    The Bank of Thailand reports a significant decline in Thai export competitiveness, particularly in global rice markets. Over the last 20 years, the market share of rice shipments has dropped by over 50%. This reduction is a result of persistent structural issues in the export and manufacturing sectors, affecting the Thai economy at large. The bank’s recent report reveals that…

  • Business NewsPM Srettha unveils economic vision focusing on tourism and booze | Thaiger

    PM Srettha unveils economic vision focusing on tourism and booze

    Prime Minister Srettha Thavisin unveiled his comprehensive vision for Thailand’s economic boom, focusing on tourism enhancement and the liberalisation of alcohol consumption at internationally renowned concerts. Speaking at the Thailand Vision gathering at Government House, PM Srettha’s address, which was broadcast live on NBT television, presented his ambitious strategies to foster economic growth. Tourism is at the core of his economic…

  • Business NewsThai govt to review ASEAN-China FTA amid business concerns | Thaiger

    Thai govt to review ASEAN-China FTA amid business concerns

    The Trade Negotiations Department and Team Thailand, a government body focused on bolstering economic growth, have been directed by the Commerce Ministry to undertake a comprehensive study of products under the ASEAN–China Free Trade Agreement (ACFTA). This comes in response to concerns over the surge of low-cost Chinese goods in the domestic market. Commerce Minister Phumtham Wechayachai announced the ministry’s…

  • Business NewsThailand promotes electric trucks and buses with new incentives | Thaiger

    Thailand promotes electric trucks and buses with new incentives

    The National Electric Vehicle Policy Committee in Thailand has given the green light for incentives aimed at encouraging companies to switch their commercial fleets of large trucks and buses to battery electric vehicles (BEVs). The committee has also approved cash grants for manufacturers of EV battery cells. The secretary-general of the Board of Investment and secretary of the Electric Vehicle…

  • Business NewsThai authorities tackle surge in cheap Chinese imports | Thaiger

    Thai authorities tackle surge in cheap Chinese imports

    A surge in cheap Chinese products flooding Thai markets, particularly through e-commerce platforms, has prompted Thai authorities and organisations to seek measures to protect local producers. The influx has negatively impacted local small manufacturers of household goods and has boosted calls for the Revenue and Customs departments to expedite their efforts in controlling this wave of low-cost goods. Prime Minister…

  • Business NewsNew EV incentives boost investment in Thai automotive sector | Thaiger

    New EV incentives boost investment in Thai automotive sector

    The Federation of Thai Industries (FTI) expressed confidence in the transformative potential of the new electric vehicle (EV) incentive packages, anticipating a significant boost to investment in the automotive sector and related businesses. As Thailand strives for sustainable economic growth and enhanced competitiveness, surges in investment are vital, particularly in the targeted S-curve industries encompassing next-generation vehicles. Surapong Paisitpatanapong, the…

  • Business NewsThai businesses fear cost surge due to minimum wage hike | Thaiger

    Thai businesses fear cost surge due to minimum wage hike

    Businesses in Thailand are bracing for a potential increase in operating costs, following the government’s proposition to raise the daily minimum wage to 400 baht (US$11) within the year. The Federation of Thai Industries (FTI) has expressed its concern over the implications of this wage hike, particularly on small and medium-sized enterprises (SMEs), which are currently grappling with elevated interest…

  • Business NewsSouthern Thailand sees room revenue surge due to European visitors | Thaiger

    Southern Thailand sees room revenue surge due to European visitors

    Southern provinces of Thailand are experiencing a boost in room revenue in the first quarter, thanks to extended stays by European visitors. This increase has occurred despite the lesser number of tourists from China. Room rates have reached a new high, setting a record. Pongsakorn Ketprapakorn, the ex-president of the Tourism Council of Phangnga predicted the surge. “The first quarter…

  • Business NewsBank of Thailand faces political pressure to cut interest rates | Thaiger

    Bank of Thailand faces political pressure to cut interest rates

    The Bank of Thailand (BoT) is under increased political tension to reduce interest rates, with the majority of analysts predicting that the monetary authority will withstand requests for unexpected easing to bolster the economy. This escalating discord between Prime Minister Srettha Thavisin and the central bank concerning monetary policy direction is predicted to damage investor confidence, though the likelihood of…

  • Business NewsHuawei cloud stack: A step towards making Thailand ASEAN’s digital hub | Thaiger

    Huawei cloud stack: A step towards making Thailand ASEAN’s digital hub

    Huawei Technologies (Thailand) Co., Ltd. recently showcased its Huawei Cloud Stack technology at an event, emphasising its commitment to providing secure and reliable cloud services to local data centres serving enterprise markets. This aligns with Huawei’s mission of In Thailand, for Thailand, which underpins its efforts to help transform Thailand into a digital hub for the ASEAN region. The Huawei…

  • Business NewsThailand govenment raises sugar cane price, stirs industry buzz | Thaiger

    Thailand govenment raises sugar cane price, stirs industry buzz

    The government yesterday sanctioned a definitive sugar cane price for the 2022/2023 season at 1,197 baht (US$33) per tonne, marking a substantial increase of 117 baht from the preliminary price of 1,080 baht per tonne. In parallel, the initial price for the 2023/2024 season was ratified by the cabinet, standing at 1,420 baht per tonne. Government spokesperson, Chai Wacharonke, indicated…

  • Business NewsFTI urges support for Thai SMEs to boost global herbal medicine exports | Thaiger

    FTI urges support for Thai SMEs to boost global herbal medicine exports

    The Federation of Thai Industries (FTI) urged the government to strengthen its support for small and medium-sized enterprises (SMEs) involved in herbal development and production. The move is aimed at enhancing their global competitiveness and propelling Thailand into the top 10 herbal medicine exporters worldwide. SMEs in the sector are currently struggling with insufficient funds for research and development, and…

  • Business NewsSET to tighten supervision of listed Thai firms starting March 25 | Thaiger

    SET to tighten supervision of listed Thai firms starting March 25

    The Stock Exchange of Thailand (SET) announced plans to strengthen the supervision of its listed companies from March 25 onwards, as part of an initiative to reinforce their financial standing and provide detailed disclosure for investors. SET’s president, Pakorn Peetathawatchai, stated that the move aims to provide investors with clearer and more varied warning signs to alert them of potential…

  • Business NewsPM Srettha urges bank of Thailand to consider interest rate cut | Thaiger

    PM Srettha urges bank of Thailand to consider interest rate cut

    Prime Minister Srettha Thavisin expressed his concerns to the Bank of Thailand’s (BoT) Monetary Policy Committee (MPC), suggesting an urgent meeting to discuss a potential cut in interest rates, rather than waiting until the scheduled April meeting. Following a recent Cabinet meeting, PM Srettha clarified that he hadn’t imposed any pressure on the secretary-general of the National Economic and Social…