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 NewsEight new Thai airlines set to launch amid anticipated travel recovery | Thaiger

    Eight new Thai airlines set to launch amid anticipated travel recovery

    This year, eight new Thai airlines are set for take off, anticipating a continued recovery in leisure travel and anticipating around 35 million foreign tourists. Among them is Cool Airlines, which intends to provide scheduled services on medium to long-haul international routes. This comes following approval from the Ministry of Transport for operating licenses, as stated by the Civil Aviation…

  • Business NewsBYD challenges Tesla’s supremacy with record EV sales in Q4 | Thaiger

    BYD challenges Tesla’s supremacy with record EV sales in Q4

    Leading Chinese car manufacturer BYD reported selling 526,409 fully electric vehicles (EVs) in the fourth quarter, challenging Tesla’s global market leadership. According to a stock exchange filing, BYD’s sales, boosted by end-of-year discounting, hit 340,178 EV and hybrid units in December, including 190,754 all-electric models. Overall, BYD reported a 62% year-on-year increase in 2023, selling 3.01 million units. The Shenzhen-based…

  • Business NewsBangchak to balance expansion and emission reduction | Thaiger

    Bangchak to balance expansion and emission reduction

    Bangchak Corporation Plc, the energy giant, has pledged to harmonise its business expansion with a reduction in greenhouse gas emissions over the next seven years. Chaiwat Kovavisarach, the CEO, emphasised the need to merge profitability with active initiatives to shrink the global warming-causing gases. The company and its subsidiaries are due to receive an allocation of 150 billion baht for…

  • Business NewsThailand and China agree on permanent visa-free travel from March | Thaiger

    Thailand and China agree on permanent visa-free travel from March

    Thailand Prime Minister Srettha Thavisin today announced a new permanent visa-free agreement between Thailand and China during a Cabinet meeting. This arrangement, set to start on March 1, will allow citizens from both nations to travel to each other’s countries without prior visa applications. This move marks an enhancement to Thailand’s existing visa-free policy for Chinese visitors, initially slated to run…

  • Business NewsThailand’s economy braces for slow growth | Thaiger

    Thailand’s economy braces for slow growth

    Thailand’s economy is set to experience slow growth in the coming years, with GDP forecasts for this year ranging between 3-3.4%. Several factors, including sluggish growth in exports, subdued Chinese demand for consumption and tourism, geopolitical risks, and a shortage of skilled workers, are expected to influence this. Despite these challenges, industry executives are optimistic and are devising strategies to…

  • Business NewsThai hospitality groups eye global expansion amid tourism recovery | Thaiger

    Thai hospitality groups eye global expansion amid tourism recovery

    The global tourism recovery has spurred Thai hospitality groups to broaden their horizons beyond domestic borders, tapping into the robust demand in numerous destinations. In the previous year, many hotel management companies reported substantial profits, with some even witnessing their average daily room rates surpass 2019 levels, particularly in prime locations. Minor International (MINT), the largest hotel chain in Thailand,…

  • Economy NewsGold prices predicted to hit record highs by 2024, says MTS Gold | Thaiger

    Gold prices predicted to hit record highs by 2024, says MTS Gold

    MTS Gold, a local trader, predicted that gold prices are likely to skyrocket to new record levels of over 79,005 baht (US$2,300) per ounce and beyond 40,000 baht (US$1,164) per baht weight by this year. This forecast comes amidst anticipated adverse global economic situations. Kritcharat Hiranyasiri, the President of MTS Gold, explained that the anticipated decline in interest rates and…

  • Aviation NewsThai authorities craft national oil proposal to boost sustainable aviation fuel | Thaiger

    Thai authorities craft national oil proposal to boost sustainable aviation fuel

    In a bid to bolster the aviation industry’s effort to curtail carbon dioxide emissions, Thai energy authorities are in the process of crafting a novel national oil proposal. The blueprint will cater to the evolution of Sustainable Aviation Fuel (SAF), a biofuel variant for aircraft. The appeal of SAF lies in its strong resemblance to jet fuel in terms of…

  • Business NewsThai investors anticipate surge in depositary receipts popularity in 2024 | Thaiger

    Thai investors anticipate surge in depositary receipts popularity in 2024

    Executives anticipate a surge in the popularity of depositary receipts (DRs) among Thai investors this year, with the investment tool offering a gateway to high-profile foreign stocks, risk diversification, and potential high returns. As they have become more prevalent on the Thai bourse, investors held DRs worth around 16 billion baht (US$466 million) on the Stock Exchange of Thailand (SET)…

  • Business NewsThailand’s economy projected for strong recovery and growth in 2024 | Thaiger

    Thailand’s economy projected for strong recovery and growth in 2024

    Thailand’s economy is in a promising state of recovery, as projections indicate a boost in both domestic demand and tourist arrivals. With the resurgence of most industries and the emergence of tech-driven sectors like electric vehicles, there is a wave of optimism that the country’s economic growth will significantly strengthen in 2024. Six industries are predicted to experience rapid growth…

  • Tourism NewsThailand targets 3.5 trillion baht tourism boost for economy | Thaiger

    Thailand targets 3.5 trillion baht tourism boost for economy

    Thailand’s government is setting its sights on a 3.5 trillion baht (US$101 billion) boost to the economy via the tourism sector this year, aiming to establish the nation as an all-season tourist hotspot. A spokesperson for the government, Chai Wacharonke, revealed that over 27 million international travellers graced the country in 2023, with the majority stemming from Malaysia, closely followed…

  • Business NewsAI set to revolutionise HR processes in 2024 | Thaiger

    AI set to revolutionise HR processes in 2024

    The transformative power of artificial intelligence (AI) in the field of human resources (HR) was the primary topic of conversation at a recent meeting among strategic people and HR leaders. Industry reports are beginning to showcase how these conversations align with the evolving reality. HR is no longer a purely administrative function; it must lead transformative initiatives, with many professionals…

  • Thailand NewsHuge deficit in 2025 fiscal year | Thaiger

    Huge deficit in 2025 fiscal year

    The government has laid bare its plans for the 2025 fiscal year, unveiling a colossal budget deficit of 713 billion baht. This unprecedented move comes hand in hand with a staggering increase in spending, soaring to 3.6 trillion baht, leaving citizens and experts alike scratching their heads. The ambitious forecast also includes a predicted gross domestic product (GDP) growth of…

  • Business NewsThailand’s struggle with informal debt likened to modern-day slavery | Thaiger

    Thailand’s struggle with informal debt likened to modern-day slavery

    The struggle with informal debt, described as a form of modern-day slavery, has been prioritised on a national level by Srettha Thavisin, the Prime Minister. A vast number of individuals are trapped in both formal and informal debt cycles, with interest rates for the latter often surpassing the 15% legal limit. The government’s estimated informal debt stands conservatively at 50…

  • Business NewsCentara Hotels marks 2023 as year of significant growth | Thaiger

    Centara Hotels marks 2023 as year of significant growth

    Noteworthy strides have been made by Thailand’s premier hotel operator, Centara Hotels & Resorts, in the past year. The chief executive, Thirayuth Chirathivat, marks this year as a year of significant accomplishment for the company, capitalising on the revived travel and hospitality industry to fortify Centara’s status and ensure a robust and sustainable future, reports Bangkok Post. With a rich…

  • Economy NewsThailand’s fiscal position geared to absorb potential economic shocks | Thaiger

    Thailand’s fiscal position geared to absorb potential economic shocks

    According to Pornchai Thiraveja, the director-general of the Fiscal Policy Office, Thailand’s robust fiscal position is well-equipped to buffer any potential economic shocks. The country boasts a fiscal space substantial enough to absorb crises equating to 10% of the GDP. The Thai financial institutions are stable economically, with a 19.9% Bank for International Settlements ratio, which is well above the…

  • Economy NewsThailand urges Australia to expand trade and investment ties | Thaiger

    Thailand urges Australia to expand trade and investment ties

    The Commerce Minister of Thailand, Phumtham Wechayachai, has urged Australia to broaden their trade and investment ties, as well as discover new avenues for economic collaboration. Following his recent discussion with Australian ambassador Angela Macdonald, he revealed that Thailand views Australia as a vital ally in the Pacific and a key collaborator in devising joint economic strategies to enhance trade,…

  • Economy NewsLong-haul tourism to boost Thai tourism revenue in 2024 | Thaiger

    Long-haul tourism to boost Thai tourism revenue in 2024

    The Tourism Authority of Thailand (TAT) anticipates that long-haul tourism will significantly bolster Thai tourism revenue in 2024, contributing seven percentage points more than pre-pandemic levels. This was discussed last week as the Minister for Tourism and Sports, Sudawan Wangsuphakijkosol, met with TAT executives to deliberate on next year’s market strategies. The government has set a goal of 3.5 trillion…

  • Business NewsChinese tourists boost Thailand’s hotel sector with rapid recovery | Thaiger

    Chinese tourists boost Thailand’s hotel sector with rapid recovery

    The number of Chinese tourists visiting Thailand is on a rapid recovery trajectory this month, a trend analysts predict will continue into the Chinese New Year on February 10. This resurgence is expected to provide a much-needed boost to local hotels during this peak season. Statistics from December have shown a revival in visitors from key markets such as China,…

  • Transport NewsTourism operators demand improved marine safety in Thailand | Thaiger

    Tourism operators demand improved marine safety in Thailand

    Recurring incidents of marine accidents in Thailand’s popular tourist destinations have prompted tourism operators to call on government authorities for an improved marine safety with alert system and tighter regulation of unlicensed boats. This plea comes in the wake of multiple boat sinkings in the Andaman Sea and the Gulf of Thailand. Numerous tourism boats, operating in highly frequented locations…

  • Business NewsThailand’s cabinet approves one-year import permits for animal feed raw materials | Thaiger

    Thailand’s cabinet approves one-year import permits for animal feed raw materials

    The cabinet has greenlit policies for next year’s import of raw materials required in animal feed production, such as animal feed corn, soybean meal, and fish meal. The intention behind this move is to back local production. A significant change in this year’s policy is the annual approval of import permits, a reduction from the previous term of three years.…

  • Business NewsGovernment confirms plans to increase daily minimum wage in January | Thaiger

    Government confirms plans to increase daily minimum wage in January

    The government has confirmed plans to raise the daily minimum wage in January, according to Prime Minister Srettha Thavisin. This is in line with an earlier agreement made by the tripartite wage committee, composed of government, employer and employee representatives. However, the Prime Minister, who also serves as the finance minister, has considered the agreed 2.37% increase insufficient. Prime Minister…

  • Business NewsThailand’s 2024 inflation target approved: 1% to 3% range maintained | Thaiger

    Thailand’s 2024 inflation target approved: 1% to 3% range maintained

    The Bank of Thailand’s (BoT) headline inflation target range for the year 2024 has been given the green light by the cabinet. The approved target, set between 1% and 3%, remains unaltered from the current year, as reported by Deputy Finance Minister Julapun Amornvivat yesterday. This target, which serves as a guiding beacon for monetary policy, is subjected to an…

  • Business NewsMyanmar’s central bank extends deadline for exporters’ foreign earnings deposit | Thaiger

    Myanmar’s central bank extends deadline for exporters’ foreign earnings deposit

    A mandate issued by the Central Bank of Myanmar demands exporters shipping goods beyond Asian territory to deposit their foreign earnings in domestic banks within 90 days, a significant increase from the previous 60-day requirement. The central bank, in a statement released on Monday, also directed companies exporting within Asia to deposit their earnings within 45 days, rather than the…

  • Business NewsRice prices surge to 15-year high amid demand and El Niño concerns | Thaiger

    Rice prices surge to 15-year high amid demand and El Niño concerns

    Rice prices have surged to a 15-year high amid growing concerns about the impact of increased demand and the effects of El Niño on supplies. The grain, a dietary staple for billions of people in Asia and Africa, saw its cost rise 2.5% last week, reaching US$650 a tonne, the highest point since October 2008. This information, provided by the…

  • Business NewsThailand eyes pre-pandemic tourism levels by 2024, revamps VAT refund process | Thaiger

    Thailand eyes pre-pandemic tourism levels by 2024, revamps VAT refund process

    Thailand, a popular tropical destination, is anticipating a return to near pre-pandemic tourism levels by 2024. In 2019, the country welcomed nearly 40 million overseas visitors, contributing 12% to the nation’s GDP. However, the Fiscal Policy Office projects a recovery to approximately half that number this year, following the pandemic, and predicts a return to 90% of the 2019 levels…

  • Business NewsThailand’s commerce ministry targets 2 trillion baht in cross-border trade by 2027 | Thaiger

    Thailand’s commerce ministry targets 2 trillion baht in cross-border trade by 2027

    Aiming to increase the value of cross-border and transit trade to 2 trillion baht by 2027, the Commerce Ministry is expediting the application of the cross-border trade strategy. The Ministry is establishing four dedicated task forces to tackle border trade-related issues. Commerce Minister Phumtham Wechayachai, following Wednesday’s committee meeting on trade, cross-border, and transit trade promotion, shared that the committee…

  • Economy NewsThai wage committee upholds 2.37% minimum wage increase | Thaiger

    Thai wage committee upholds 2.37% minimum wage increase

    Yesterday, a senior government official announced that the tripartite wage committee has decided to uphold their previously agreed-upon plan to increase the average daily minimum wage by 2.37%. The committee, consisting of representatives from the government, employers, and employees, has agreed to uplift the pay threshold range to 330 to 370 baht, starting in January. This was confirmed by Pairoj…

  • Business NewsThai industries shift from traditional car parts to electric vehicle components | Thaiger

    Thai industries shift from traditional car parts to electric vehicle components

    A deal has been struck between the Federation of Thai Industries (FTI) and global car manufacturers to aid approximately 1,700 local auto parts manufacturers in transitioning from the production of traditional internal combustion engine (ICE) car parts to those for electric vehicles (EVs). Evolving global campaigns for zero-emission vehicles necessitate this shift. The FTI is facilitating collaborations between local manufacturers…

  • Business NewsExports grow for fourth consecutive month in Thailand misses projections | Thaiger

    Exports grow for fourth consecutive month in Thailand misses projections

    November marked the fourth consecutive month of growth for Thailand’s customs-based exports, which saw a 4.9% rise from the same period last year, according to data from the customs department. However, this fell short of the projected 6.3% year-on-year increase anticipated in a Reuters poll. Last month, October had witnessed an 8% year-on-year rise. In an unexpected turn, imports for…