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 NewsOptimism for Thai stock exchange rebound despite US economic downturn | Thaiger

    Optimism for Thai stock exchange rebound despite US economic downturn

    InnovestX Securities, part of the SCB X Group, expressed optimism about the rebound potential of the Stock Exchange of Thailand (SET) index. The company predicts the index could approach 1,700 points this year, driven by stabilising global interest rates and domestic economic stimulation efforts. The first quarter of 2024, however, could be marked by volatility, with possible economic downturns in…

  • Business NewsGlobal car firms urge fair Thai EV promotion amidst competition fears | Thaiger

    Global car firms urge fair Thai EV promotion amidst competition fears

    European, American, and South Korean automobile manufacturers are urging the Thai government to ensure its electric vehicle (EV) promotion policy benefits all EV makers evenly. This plea arises amidst growing concerns that Chinese and Japanese rivals might be enjoying an unfair advantage. Industry Minister Pimphattra Wichaikul revealed these countries are seeking enhanced support for their EV sales and automotive supply…

  • Business NewsThai ministry propels rice trade growth with G2G agreements | Thaiger

    Thai ministry propels rice trade growth with G2G agreements

    The Ministry of Commerce in Thailand is set to discuss the potential sale of a massive 1 million tonnes of rice to Indonesia tomorrow, under a government-to-government (G2G) agreement. This comes with a commitment to further engage in similar discussions about rice sales with China. Commerce Minister Phumtham Wechayachai revealed that the head of the Foreign Trade Department has been…

  • Business NewsSoutheast Asian nations ramp up efforts to boost upstream oil industry | Thaiger

    Southeast Asian nations ramp up efforts to boost upstream oil industry

    Southeast Asian nations are intensifying their efforts to boost the upstream oil industry, with Malaysia, Indonesia, Vietnam, and Thailand vying for investment from both domestic and international entities, as revealed by a study from BMI, a Fitch Solutions company. In 2022, Malaysia received foreign investment of 287 million ringgit (US$61.7 billion), equivalent to 47% of the nation’s overall investment, in…

  • Business NewsElon Musk aims for 25% voting control for AI and robotics expansion | Thaiger

    Elon Musk aims for 25% voting control for AI and robotics expansion

    The world’s most affluent individual and Tesla CEO Elon Musk revealed yesterday that he would feel uneasy expanding the electric vehicle (EV) company’s presence in the artificial intelligence (AI) and robotics sectors unless he possesses at least a quarter of the company’s voting control. This is a significant increase from his current 13% stake in the company. He voiced this…

  • Business NewsThai institutional investors foresee policy interest rate cut in 2024 | Thaiger

    Thai institutional investors foresee policy interest rate cut in 2024

    The Association of Investment Management Companies (AIMC) disclosed that institutional investors anticipate Thailand’s policy interest rate to reduce by 0.25% to 2.25% this year. Investors are encouraged to take a heavyweight stance on fixed-income assets. Chavinda Hanratanakool, AIMC chairwoman, conveyed the results of a survey conducted amongst institutional investors. The survey explored their views on economic conditions and interest rate…

  • Business NewsBank of Thailand maintains policy rate for economic revival | Thaiger

    Bank of Thailand maintains policy rate for economic revival

    The existing policy rate of the Bank of Thailand is deemed suitable for the nation’s economic revival, while inflation is anticipated to remain within its target range, according to the central bank. This decision, the Monetary Policy Committee (MPC) of the central bank states, is based on a comprehensive analysis of various scenarios. Piti Disyatat, Assistant Governor and MPC Secretary…

  • Business NewsThailand’s chat commerce predicted to hit 1.14 trillion baht by 2028 | Thaiger

    Thailand’s chat commerce predicted to hit 1.14 trillion baht by 2028

    Chat commerce in Thailand is expected to reach a staggering 1.14 trillion baht by 2028, according to predictions by Line Thailand. This substantial increase, up from 462 billion baht in 2023, represents a compound annual growth rate of 19.2%. Jirat Watanakarin, who heads e-commerce growth and strategy at Line Thailand, said Thailand is one of the world’s largest markets in…

  • Business NewsZipmex risks losing license over liquidity issues and inadequate management | Thaiger

    Zipmex risks losing license over liquidity issues and inadequate management

    Zipmex, a digital asset exchange operator, is facing a potential revocation of its business licence from the Securities and Exchange Commission (SEC) if it fails to resolve its liquidity problem within a fortnight. This issue arises as the company’s capital fund has fallen below the regulator’s minimum standards. The SEC board urged Zipmex to overhaul its operations, blaming the company’s…

  • Business NewsThai hotel sector sees pre-pandemic level investment surge | Thaiger

    Thai hotel sector sees pre-pandemic level investment surge

    Thailand’s hotel sector is undergoing a resurgence in investment mirroring pre-pandemic levels, with the boost being propelled by an increase in hotel conversions and an uptick in bank lending, because of a hopeful tourism market. The information is according to C9 Hotelworks, a hospitality consultancy firm. The firm’s managing director, Bill Barnett, reported an upbeat market and investment sentiment, thanking…

  • Thailand NewsThailand’s education system needs urgent overhaul to meet trade, investment demands | Thaiger

    Thailand’s education system needs urgent overhaul to meet trade, investment demands

    The pressing need for Thailand to expedite its educational development to match trade and investment needs has been highlighted by Poonpong Naiyanapakorn, director-general of the Trade Policy and Strategy Office (TPSO). The dynamic and rapidly evolving nature of the contemporary trade, investment, and technological sectors necessitates a workforce equipped with adaptable skills and thinking capabilities. Poonpong detailed that despite some…

  • Business NewsCyber crime costs Thailand 6.76 billion baht in 70 days | Thaiger

    Cyber crime costs Thailand 6.76 billion baht in 70 days

    Cyber crime inflicted a devastating blow to Thailand’s economy with losses amounting to 6.76 billion baht (US$192 million) within a span of 70 days, as reported by the Cyber Crime Investigation Bureau (CCIB). Despite a decline in call centre scams, there was a noted surge in scams related to the struggling economy, including those promising additional income and fraudulent loan…

  • Business NewsRice rivalry: India’s export ban grains optimism for Thai prices | Thaiger

    Rice rivalry: India’s export ban grains optimism for Thai prices

    The ongoing ban on white rice exports in India is bolstering the optimism of local shippers that Thai rice prices will remain relatively high during the first half of this year. Chookiat Ophaswongse, the honorary president of the Thai Rice Exporters Association, expressed that global market prices are likely to stay around US$600 per tonne, a rate not seen in…

  • Business NewsUrgent call for faster use of investment budgets to boost the economy of Thailand | Thaiger

    Urgent call for faster use of investment budgets to boost the economy of Thailand

    Business executives are urging the government to prompt state enterprises and local government organisations to speed up the use of current investment budgets and to roll out more stimulus packages. This is seen as a crucial step to propel the economy while awaiting the fiscal 2024 budget. The executives stress the importance of quick distribution of the 2024 budget once…

  • Business NewsAI surge anticipated in devices following CES reveals | Thaiger

    AI surge anticipated in devices following CES reveals

    Tech analysts are anticipating a surge in the use of artificial intelligence (AI) assistants in devices such as PCs and smartphones. This follows several AI-related announcements at the recent Consumer Electronics Show (CES) in Las Vegas. The new products include AMD’s Ryzen 8000 series of processors, the complete range of Intel’s 14th Gen processors, and a variety of laptops featuring…

  • Business NewsBoxed milk prices set to rise due to increased raw milk costs | Thaiger

    Boxed milk prices set to rise due to increased raw milk costs

    The Internal Trade Department under the Commerce Ministry is poised to consider and approve a potential rise in boxed milk prices, following a request in alignment with increased raw milk production costs. The move comes on the heels of the Milk Board’s recent approval to hike the median ex-factory rates for raw cow’s milk by 2.25 baht (US$0.064) to reach…

  • Business NewsUBE pivots towards functional food sector for increased revenue | Thaiger

    UBE pivots towards functional food sector for increased revenue

    Following its listing on the Stock Exchange of Thailand two years ago, Ubon Bio Ethanol Plc (UBE) is actively pursuing a shift in its corporate branding. The company, originally known for its ethanol business, is now focusing on the development of value-added products, primarily in the functional food sector. This new direction is expected to increase revenue and offer innovative…

  • Thailand NewsThai Government plans digital shift for lottery sales | Thaiger

    Thai Government plans digital shift for lottery sales

    The Government Lottery Office (GLO), under the umbrella of the Finance Ministry, unveiled plans to transition from traditional lottery stalls to digital ones. Lavaron Sangsnit, the permanent finance secretary and chairman of the GLO board, revealed this strategy, which will be initiated from next month. The GLO has been selling digital lottery tickets through the Pao Tang app since 2022…

  • Business NewsUS bitcoin ETFs make splash in debut, marking crypto milestone | Thaiger

    US bitcoin ETFs make splash in debut, marking crypto milestone

    The long-awaited launch of the first United States exchange-traded funds (ETFs) investing directly in Bitcoin has finally taken place. This event has been marked as a significant milestone in the digital-asset industries over a decade-long campaign for recognition and mainstream acceptance. The nearly a dozen ETFs come from investment heavyweights like BlackRock Inc. and Fidelity Investments. On the first day…

  • Business NewsThai-llywood lights, camera, baht! 2023 sees record of 6.6 billion baht roll in from film shoots in Thailand | Thaiger

    Thai-llywood lights, camera, baht! 2023 sees record of 6.6 billion baht roll in from film shoots in Thailand

    A record-breaking 6.6 billion baht was generated by over 466 film shoots in Thailand in 2023, marking an impressive 40% increase in revenue from the previous year. This remarkable upturn was largely credited to the production of high-budget films, including a blockbuster with a budget of 3 billion baht. Jaturon Phakdeewanit, the head of the Tourism Department, noted the significant…

  • Business NewsSET foresees market recovery with return of foreign investment | Thaiger

    SET foresees market recovery with return of foreign investment

    The Stock Exchange of Thailand (SET) anticipates a recovery in return on investment this year, mirroring trends in regional markets due to an influx of foreign capital since 2023’s final quarter. Last year, foreign investors sold off Thai stocks amounting to US$5.51 billion, contrasting with 2022’s net purchase of US$5.96 billion. Nevertheless, foreign long-term investors held steady, owning around 30%…

  • Business NewsFinance Ministry proposes joint venture asset management companies to aid debtors | Thaiger

    Finance Ministry proposes joint venture asset management companies to aid debtors

    The Finance Ministry is advocating for collaborative investments between Specialised Financial Institutions (SFIs) and Asset Management Companies (AMCs), proposing the formation of joint venture asset management companies (JV-AMCs). This initiative aims to aid debtors who collectively hold three million accounts amounting to a total value of 230 billion baht, stated Paopoom Rojanasakul, the secretary to the finance minister. Rojanasakul explained…

  • Business News2C2P expands merchant partnerships under Alibaba’s Ant Group to boost SMEs | Thaiger

    2C2P expands merchant partnerships under Alibaba’s Ant Group to boost SMEs

    Aiming to enable offline small and medium-sized enterprises (SMEs) to accept e-wallet payments from Chinese visitors, 2C2P (Thailand) has been expanding its merchant partnerships under Alibaba’s Ant Group. The global payment platform predicts a substantial rise in revenue, from 3.2 billion baht last year to a projected 3.7-3.9 billion by 2024, representing a growth of 30% over 2022. Piyachart Ratanaprasartporn,…

  • Business NewsThai Automotive Institute boosts EV industry with new test track | Thaiger

    Thai Automotive Institute boosts EV industry with new test track

    The Thailand Automotive Institute (TAI) is set to boost Thailand’s electric vehicle (EV) industry, constructing a test track to provide manufacturers with a range of testing services, subsequently becoming a new revenue stream for the country. This track, under construction in Chachoengsao, is designed to facilitate a broad spectrum of tests including braking and parking brake performance, speed, distance and…

  • Business NewsMalaysia and Singapore unite to boost trade with special economic zone | Thaiger

    Malaysia and Singapore unite to boost trade with special economic zone

    Major trading partners Malaysia and Singapore agreed on a collaborative effort to establish a special economic zone. This endeavour aims to enhance trade between the neighbouring countries, which consider each other as their second most significant trading partner. The proposed economic zone is slated to be located in Johor, a southern state of Malaysia. This zone will allow businesses to enjoy…

  • Business NewsEm District sees retail growth amid economic uncertainty in Thailand | Thaiger

    Em District sees retail growth amid economic uncertainty in Thailand

    Despite the economic uncertainty, Em District, the retail operator, witnessed growth from high-spending customers at its three malls in the final quarter of 2023. The chief executive, Kriengsak Tantiphipop, confirmed that Thailand continues to attract foreign tourists, leading to increased footfall from both local and international visitors, particularly high-spending independent tourists. Kriengsak observed that while the influx of Chinese tourists…

  • Business NewsCPN predicts 20% retail sales surge due to Chinese New Year and tax scheme | Thaiger

    CPN predicts 20% retail sales surge due to Chinese New Year and tax scheme

    Central Pattana (CPN), a SET-listed firm, is forecasting a 20% surge in retail sales for the first quarter, attributing the anticipated boost to the Chinese New Year festival and the Thai government’s Easy E-Receipt scheme. The company predicts a cash flow of 15 billion baht across all Central shopping mall branches. Nattakit Tangpoonsinthana, the chief marketing officer of CPN, expressed…

  • Business NewsJSCCIB urges BoT to cut high interest rates amid economic threats | Thaiger

    JSCCIB urges BoT to cut high interest rates amid economic threats

    As the economy grapples with internal and external threats, the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) called on the Bank of Thailand (BoT) to reduce interest rates. The high interest rates are causing a surge in borrowing costs, amidst a volatile recovery due to the global economic downturn. These views were expressed by Sanan Angubolkul, chairman of…

  • Business NewsThai PM and central bank clash over interest rates amid low inflation | Thaiger

    Thai PM and central bank clash over interest rates amid low inflation

    The clash between Prime Minister Srettha Thavisin, who also holds the Finance Minister portfolio, and the Bank of Thailand (BoT) intensified. The prime minister has been vocal about his belief that the central bank should lower its interest rates as inflation rates have decreased. On a social media platform, PM Srettha blamed the BoT for causing harm to the economy…

  • Business NewsEGCO finalises Compass Portfolio acquisition, boosting US power capacity | Thaiger

    EGCO finalises Compass Portfolio acquisition, boosting US power capacity

    Electricity Generating (EGCO), the power generation subsidiary of Thailand’s Electricity Generating Authority, has finalised the purchase of the Compass Portfolio in the US, a move that boosts the company’s overseas earnings from the energy sector. The acquisition bolsters EGCO’s total power generation capacity to 652 megawatts, a figure determined by its stake in the Compass Portfolio. Thepparat Theppitak, EGCO President,…