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 NewsMost Thais plan online Valentine’s Day shopping, reveals Visa survey | Thaiger

    Most Thais plan online Valentine’s Day shopping, reveals Visa survey

    Almost four out of five people in Thailand are planning to buy Valentine’s Day gifts online, a recent survey by YouGov for payments company Visa reveals. The study aimed to assess Thai consumers’ spending habits during the romantic holiday, along with the factors influencing their decisions, and the most effective ways to win their partners’ hearts. The survey presented an…

  • Business NewsBitcoin hits US$50,000 milestone, crypto market on a digital rollercoaster | Thaiger

    Bitcoin hits US$50,000 milestone, crypto market on a digital rollercoaster

    Bitcoin, the largest digital asset, oscillated around the landmark value of US$50,000, a level it hadn’t touched in over two years. This marks a remarkable resurgence following the various cryptocurrency scandals and industry wipeouts that had previously cast a shadow of uncertainty over the sector’s future. Yesterday, in the United States, Bitcoin’s value soared to an impressive US$50,328, and it…

  • Business NewsCRC projects 9-11% revenue growth driven by tourism boost | Thaiger

    CRC projects 9-11% revenue growth driven by tourism boost

    Central Retail Corporation (CRC) is expecting revenue growth of 9-11% in 2024, with the primary drivers being a resurgence in tourism and increased consumption. However, concerns have been raised about a potential influx of inexpensive imported goods. Yol Phokasub, CRC’s chief executive, articulated that despite the sluggish economic growth, the overall spending confidence in Thailand remains above average for the…

  • Business NewsOil Fuel Fund in Thailand faces 84.3 billion baht loss | Thaiger

    Oil Fuel Fund in Thailand faces 84.3 billion baht loss

    A confidential source from the Energy Ministry revealed that a meeting is scheduled this week to address the considerable loss of 84.3 billion baht (US$2.35 billion) incurred by the state Oil Fuel Fund due to its oil and gas subsidy programmes. Despite the substantial deficit, the fund’s financial status is deemed manageable. The discussion will be spearheaded by a subcommittee…

  • Business NewsFTI urges protection for SMEs against cheap Chinese imports surge | Thaiger

    FTI urges protection for SMEs against cheap Chinese imports surge

    The Federation of Thai Industries (FTI) is advocating for enhanced protection of small and medium-sized enterprises (SMEs) against the surge of inexpensive Chinese products. Kriengkrai Thiennukul, FTI chairman, revealed that the importation of these products has caused certain local manufacturers, predominantly SMEs, to cut their production by 50%. The FTI asserts that some imported goods require comprehensive inspection, as they…

  • Business NewsThailand’s digital deficit weighs heavily on tech industry | Thaiger

    Thailand’s digital deficit weighs heavily on tech industry

    The digital deficit in Thailand, estimated to be around 200 billion baht (US$5.56 billion) per year, is a major concern for tech industry leaders. The former president of the Thai e-Commerce Association, Pawoot Ponngvitayapanu, highlighted this issue to Parliament’s economic steering committee, urging them to address the deficit and informing the finance ministry. The deficit stems from Thailand consuming more…

  • Business NewsThai economy needs more stimulus amidst global challenges | Thaiger

    Thai economy needs more stimulus amidst global challenges

    Kasikorn Research Centre (K-Research) warned that the Thai economy requires additional government stimulus to boost domestic consumption amidst challenges such as global politics, China’s economic deceleration, and fluctuating currency rates. The centre’s managing director, Burin Adulwattana, emphasised that the decrease in headline inflation for the fourth consecutive month in January does not suggest deflation risks, but rather highlights consumers’ dwindling…

  • Business NewsThailand’s DES ministry to propose cell broadcast emergency system plan | Thaiger

    Thailand’s DES ministry to propose cell broadcast emergency system plan

    A plan to introduce a cell broadcast emergency warning system will be submitted to the Cabinet next month by the Ministry of Digital Economy and Society (DES). Major mobile operators are expected to invest approximately 300 million baht (US$8.3 million) each to establish their cell broadcast centres, while the ministry may need around 400 million baht (US$11 million) to set…

  • Business NewsJapanese to invest 10 billion baht in Thailand’s S-curve industries | Thaiger

    Japanese to invest 10 billion baht in Thailand’s S-curve industries

    Two Japanese corporations are set to inject a total of 10 billion baht into Thailand’s S-curve industries, according to the Thai Industry Ministry. This initiative encompasses 12 industries earmarked for development by the Thai government, including smart electronics. Air and compressor manufacturing are the sectors that have particularly piqued the interest of the two firms, said Industry Minister Pimphattra Wichaikul.…

  • Business NewsThai govt to set up asset management firm to tackle household debt | Thaiger

    Thai govt to set up asset management firm to tackle household debt

    Thailand Prime Minister Srettha Thavisin today announced that an asset management firm is to be established by the Thai government in the first quarter of the year to address the persistent issue of high household debt. The initiative confronts numerous challenges, including the reluctance of some creditors to participate in the process. With 90.9% of its GDP equalling household debt…

  • Business NewsRaimon Land plans 3,588 million baht capital increase for sustainable growth | Thaiger

    Raimon Land plans 3,588 million baht capital increase for sustainable growth

    Raimon Land Public Company Limited (RML), a premier real estate developer in Thailand, plans to increase its capital by 3,588 million baht (US$99 million) from 4,172 million baht (US$116 million) to a total of 7,760 million baht (US$216 million). This move is part of RML’s strategy to support sustainable growth, targeting continuous profit enhancement and a turnaround. The proposal will…

  • Business NewsCarabao Group earns spot in Sustainability Yearbook 2024 | Thaiger

    Carabao Group earns spot in Sustainability Yearbook 2024

    The Carabao Group gained recognition for its superior sustainable business practices, earning a place in The Sustainability Yearbook 2024. This accomplishment highlights the company’s vision of World Class Product, World Class Brand, demonstrating its exemplary sustainable management across environmental, social, and corporate governance (ESG) areas. Out of over 9,400 participants in the S&P Corporate Sustainability Assessment (CSA) for the year…

  • Business NewsNectec develops open-source cybersecurity for small manufacturers | Thaiger

    Nectec develops open-source cybersecurity for small manufacturers

    Nectec, the National Electronics and Computer Technology Centre, is in the process of creating an open-source Security Operation Centre (SOC) as a service for potential partners. This initiative predominantly targets small businesses in the manufacturing industry, offering them affordable cybersecurity options. This service model requires partners to invest in cloud computing and threat intelligence data. It is designed to be…

  • Business NewsThailand’s BAAC plans to acquire 510,000 tonnes of carbon credits | Thaiger

    Thailand’s BAAC plans to acquire 510,000 tonnes of carbon credits

    The Bank for Agriculture and Agricultural Cooperatives (BAAC) seeks to acquire 510,000 tonnes of carbon credits over the next five years, according to Chatchai Sirilai, the bank’s president. This move aligns with Thailand’s ambition to achieve carbon neutrality by 2050 and its net-zero target, which aims to equalize greenhouse gas (GHG) emissions and absorption by 2065. Chatchai revealed that the…

  • Business NewsThailand capitalises on halal market amid renewed Saudi ties | Thaiger

    Thailand capitalises on halal market amid renewed Saudi ties

    Thailand and Saudi Arabia’s reestablishment of diplomatic ties in 2022, after a three-decade hiatus, has presented the Land of Smiles with fresh avenues to capitalise on its halal products’ demand in the Middle Eastern markets. The global Muslim population, approximately 2 billion, is projected to constitute 25% of the total populace by 2030. Thaweelap Rittapirom, the President of the Islamic…

  • Business NewsThailand’s economic crisis feared amidst digital wallet dispute | Thaiger

    Thailand’s economic crisis feared amidst digital wallet dispute

    The Bank of Thailand and the government have been at odds for months, with tensions escalating last week when the Monetary Policy Committee (MPC) kept interest rates at 2.5% despite political pressure for a reduction. This disagreement came to the fore during discussions about the digital wallet scheme, a 560 billion baht (US$15.58 billion) project which the central bank has…

  • Business NewsStark Corporation’s interim CEO detained amid corporate scandal investigations | Thaiger

    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 | Thaiger

    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 | Thaiger

    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 | Thaiger

    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 | Thaiger

    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 | Thaiger

    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 | Thaiger

    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 | Thaiger

    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 | Thaiger

    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 | Thaiger

    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 | Thaiger

    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 | Thaiger

    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 | Thaiger

    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 | Thaiger

    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…