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 NewsThai auto market anticipates price war as Chinese EVs flood in | Thaiger

    Thai auto market anticipates price war as Chinese EVs flood in

    The Thai auto market is bracing for a potential price war as the influx of affordable electric vehicles (EVs), mainly from China, threatens the traditional dominance of internal combustion engine (ICE) vehicles. Over the next few years, the competition is set to escalate as two to three Chinese automakers plan to roll out their EVs in Thailand, capitalising on the…

  • Business NewsVietnam aligns corporate tax with global 15% minimum to attract investors | Thaiger

    Vietnam aligns corporate tax with global 15% minimum to attract investors

    Vietnam has adopted a resolution to equalise its corporate income tax with the globally accepted minimum of 15% for multinational corporations. This move is aimed at countering the global trend of countries competing to attract investors by lowering their taxes. The resolution was supported by a vast majority, approximately 94% of the National Assembly delegates, as per the legislative records.…

  • Business NewsThai businesses may face wage pressure after state officials’ salary increase | Thaiger

    Thai businesses may face wage pressure after state officials’ salary increase

    The Thai Chamber of Commerce predicts a potential ripple effect on businesses, following the Cabinet’s decision to approve a 10% salary increase for state officials. The chairman of the chamber, Sanan Angubolkul, anticipates that this move may compel businesses to raise their wages to attract skilled employees. The salary increase for new state employees will result in a monthly income…

  • Business NewsNo evidence of naked short selling in Thai stock market, says ASCO | Thaiger

    No evidence of naked short selling in Thai stock market, says ASCO

    The Stock Exchange of Thailand (SET) and the Association of Securities Companies (ASCO) confirmed that there is no occurrence of naked short selling within the Thai exchange. This comes amidst the Securities and Exchange Commission’s (SEC) request for ASCO members to align their short-sell guidelines with those of the SEC. Pichet Sithi-Amnuai, ASCO president, revealed that regular inspections of short…

  • Business NewsTrue Corporation spearheads AI utilisation for automation | Thaiger

    True Corporation spearheads AI utilisation for automation

    True Corporation, led by Deputy Chief Executive Sharad Mehrotra, is positioning itself at the forefront of artificial intelligence (AI) utilisation with ambitious plans for widespread automation and paperless operations. The company’s recent hybrid conference, AI Gets Good, highlighted the critical need for an integrated approach that blends technology, people, and ethics. Accenture research indicates that language-based AI could augment around 40%…

  • Business NewsCombined tour packages: Thai proposal for Chinese tourists | Thaiger

    Combined tour packages: Thai proposal for Chinese tourists

    Chinese tourists are the target of a new strategy suggested by Thai tourism operators, who propose selling combined tour packages to Thailand and Malaysia. This proposal comes in light of China granting visa exemptions to visitors from Malaysia and several European countries, but not Thailand. Songchai Mungprasithichai, president of the Songkhla Tourism Promotion Association, believes that since Hat Yai Airport…

  • Tourism NewsDoubts over Thai target of 8.2 million Chinese visitors in 2024 | Thaiger

    Doubts over Thai target of 8.2 million Chinese visitors in 2024

    Analysts have expressed doubts over the Tourism Authority of Thailand’s (TAT) ambitious target of attracting 8.2 million Chinese visitors next year. This comes as predictions for overall foreign arrivals next year have been downscaled, amidst concerns over a sluggish global economy. Kasem Prunratanamala, who leads research at CGS-CIMB Securities in Thailand, stated that while the firm has kept its estimation…

  • Business NewsThai Airways takes a smile: Reinstates nine cool-season routes for domestic delight | Thaiger

    Thai Airways takes a smile: Reinstates nine cool-season routes for domestic delight

    Thai Airways International reinstated nine domestic routes for the cool season, previously provided by its former affiliate, Thai Smile Airways. The services, which will run until March 30, utilise the Airbus A320 planes from the airline’s former subsidiary, Thai Smile. The re-established routes offer daily flights from Bangkok to nine destinations – Chiang Mai, Chiang Rai, Hat Yai, Khon Kaen,…

  • Business NewsThai stock exchange under SEC review for high-frequency trading programs’ suitability | Thaiger

    Thai stock exchange under SEC review for high-frequency trading programs’ suitability

    The Stock Exchange of Thailand (SET) has been requested by the Securities and Exchange Commission (SEC) to carry out a comprehensive review of the use of trading programs, including high-frequency trading (HFT). This initiative has been launched to assess the current trading volumes and their suitability for the Thai stock market. SEC’s secretary-general, Pornanong Budsaratragoon, revealed in a Bangkok Post…

  • Tourism NewsVisa-free travel policies boost global tourism and economy | Thaiger

    Visa-free travel policies boost global tourism and economy

    Countries worldwide are recognising the importance of travel freedom in bolstering their economies and accelerating the recovery post-pandemic. As tourism and trade flourish without border restrictions, governments are implementing strategies to enhance their tourism competitiveness, such as visa-free travel policies and the digitalisation of pre-travel processes. Prominent countries like China and India, with their vast populations, are primary targets for…

  • Business NewsThai and Malaysian PMs to boost border trade and tourism | Thaiger

    Thai and Malaysian PMs to boost border trade and tourism

    A meeting slated for tomorrow between Thai Prime Minister Srettha Thavisin and Malaysian Prime Minister Anwar Ibrahim in Songkhla province is expected to tackle initiatives aimed at enhancing Thai-Malaysian border trade and tourism. A source revealed that the agenda includes a proposal from Thai tourism businesses to grant Tor Mor 6 immigration clearance form exemptions to Malaysian visitors at five…

  • Business NewsGold prices could hit US$2,015 per ounce in near future, says GTA | Thaiger

    Gold prices could hit US$2,015 per ounce in near future, says GTA

    The Gold Traders Association (GTA) projected a potential rise in gold prices, possibly hitting US$2,015 (71,535 baht) per ounce in the near future. However, this trend may be interspersed with periods of market volatility. Yesterday morning, spot gold saw an increase of 0.4% to US$1,997.39, spurred by a dip in the US dollar and a fall in the benchmark US…

  • Business NewsThai car exports surge 12.2% in October despite domestic sales slump | Thaiger

    Thai car exports surge 12.2% in October despite domestic sales slump

    Thai car exports witnessed a 12.2% surge in October, reaching 105,726 units, thanks to the escalating demand for pickups primarily in the Middle East. However, domestic sales didn’t keep pace, suffering from the burden of high household debt. The Federation of Thai Industries (FTI)’s Automotive Industry Club reported robust sales in other markets last month, including Australia, Europe, North America,…

  • Tourism NewsChinese tourists still prefer Thailand despite visa exemptions | Thaiger

    Chinese tourists still prefer Thailand despite visa exemptions

    Despite increasing competition from countries offering visa exemptions to Chinese tourists, Thailand’s tourism industry remains secure due to its dominant market share and increased expenditure per trip, according to the country’s Tourism and Sports Ministry. Countries such as Kazakhstan, Maldives and Sri Lanka have started offering visa exemptions for Chinese tourists, yet Thailand continues to be the preferred destination, said…

  • Business NewsThai economy in crisis: Government seeks foreign investment and tackles debt | Thaiger

    Thai economy in crisis: Government seeks foreign investment and tackles debt

    The economy in Thailand is in crisis and needs some significant stimulation, according to the nation’s Prime Minister Srettha Thavisin, who also acts as the Thai Finance Minister. The nation’s reliance on tourism has been heavily impacted by lower-than-expected foreign arrivals, resulting in a need to prioritise foreign investment and tackle household debt. The 61 year old prime minister made…

  • Business NewsFormer TAT governor urges government to boost Chinese visitor numbers | Thaiger

    Former TAT governor urges government to boost Chinese visitor numbers

    The former Tourism Authority of Thailand (TAT) governor urged the government to reconsider its tourism strategy to improve the dwindling Chinese market. Predictions for this year suggest that arrivals from China will only total 26.8% of the 2019 level. Former TAT governor Yuthasak Supasorn suggested that the government should negotiate with China to secure more flight routes and slots for Thai…

  • Business NewsThailand and Sri Lanka set to finalise free trade agreement by year’s end | Thaiger

    Thailand and Sri Lanka set to finalise free trade agreement by year’s end

    Thailand and Sri Lanka are on track to finalise a bilateral free trade agreement (FTA) by the close of this year. The chief of trade negotiations has indicated that the signing of the agreement is expected by early February next year. Chotima Iemsawasdikul, the director-general of the Trade Negotiations Department, disclosed that Thai and Sri Lankan officials are set to…

  • Business NewsThai stock market hit by short selling amid falling figures | Thaiger

    Thai stock market hit by short selling amid falling figures

    Speculation on short selling and naked short sales has been linked with causing havoc in the Thai stock market today, as retail investors attribute the continuous market decline to these practices. The Stock Exchange of Thailand (SET) has taken a hit this year with a drop of 14.9% as of November 20 and a decrease in market capitalisation from 3.2…

  • Business NewsThailand’s smart electronics and IT sectors set for growth with EV production | Thaiger

    Thailand’s smart electronics and IT sectors set for growth with EV production

    The Office of Industrial Economics (OIE) anticipates a significant surge in Thailand’s smart electronics, and IT sectors in the forthcoming year. The trigger for this expected growth is the commencement of production by global electric vehicle (EV) manufacturers within the country. The assembly of EVs is heavily reliant on electronics and IT products, hence the increased demand in these sectors,…

  • Business NewsSpa-demic resilience: Thailand’s wellness sector unaffected by global downturn says MSpa | Thaiger

    Spa-demic resilience: Thailand’s wellness sector unaffected by global downturn says MSpa

    Minor Hotels’ spa and wellness arm, MSpa International, declared that the current global economic downturn and geopolitical conflicts will not impact high-spending guests in Thailand’s wellness sector. The company’s group director, Sandie Johannessen, stated emphatically that the nation’s wellness centres continue to attract enthusiastic visitors for leisure trips and retreats, despite the global situation. Johannessen also pointed towards the affluent…

  • Business NewsCentral Pattana Plc launches Black Friday 2023 #shocksales | Thaiger

    Central Pattana Plc launches Black Friday 2023 #shocksales

    Black Friday 2023 #shocksales is set to be launched by Central Pattana Plc, an entity responsible for the operation of 38 malls across the country and The Esplanade. Spanning three days, the major shopping extravaganza provides shoppers with numerous promotional opportunities mirroring the Black Friday sales in the United States, a customary retail period that follows Thanksgiving and marks the…

  • Business NewsThai stock exchange investigates potential naked short selling offences | Thaiger

    Thai stock exchange investigates potential naked short selling offences

    A specialised committee has been established by the Stock Exchange of Thailand (SET), designed to delve into the issue of naked short selling. The team will comprise representatives from the Korea Exchange and Nasdaq stock exchange in the US, brought in to aid Thai regulators in their investigation into potential offences. The committee’s work is slated to commence imminently, as…

  • Business NewsAirlines request more flight slots into Thailand, CAAT reveals | Thaiger

    Airlines request more flight slots into Thailand, CAAT reveals

    A request for slot redistribution has been lodged by several airlines as they plan to increase flights into Thailand, reveals an insider from the Civil Aviation Authority of Thailand (CAAT). This request was presented to CAAT’s top executives at the 153rd Slot Conference that took place in Dubai from November 14 to 17. This biannual gathering, arranged by the International…

  • Business NewsThailand’s 2023 financial growth predictions revised down due to GDP data | Thaiger

    Thailand’s 2023 financial growth predictions revised down due to GDP data

    Economic analysts have recently revised their predictions for Thailand’s 2023 financial growth, due to disappointing third quarter GDP expansion data and uncertainties surrounding the contentious digital wallet policy. For the initial nine months of 2023, the economy grew by 1.9%. Maybank Securities, based in Malaysia, has reduced its 2023 Thai growth prediction from 2.9% to 2.3%. This decision was influenced…

  • Business NewsFree trade agreement: Sri Lanka and Thailand set to seal the deal | Thaiger

    Free trade agreement: Sri Lanka and Thailand set to seal the deal

    With a renewed focus on trade agreements, Sri Lanka is preparing to finalise and sign a free trade agreement (FTA) with Thailand on February 3, next year. The development was announced by Sri Lanka’s Cabinet spokesperson today, November 21, confirming that discussions were on track for completion in December. The impending agreement is part of the island nation’s strategic efforts…

  • Thailand NewsInsurance company Allianz Ayudhya investigates alleged misuse of student’s homework for telemarketing | Thaiger

    Insurance company Allianz Ayudhya investigates alleged misuse of student’s homework for telemarketing

    Insurance company Allianz Ayudhya is investigating the alleged misuse of students’ homework for telemarketing purposes. The company was alerted to the issue when a parent from a prominent school in Khon Kaen province complained about receiving an unsolicited call from an insurance agent attempting to sell insurance and savings plans for his daughter. The agent claimed to have obtained the parent’s…

  • Business NewsQ3 slowdown: Thailand economy hits the brakes at 1.5%, falling short of forecasts | Thaiger

    Q3 slowdown: Thailand economy hits the brakes at 1.5%, falling short of forecasts

    With an annual growth rate of 1.5% recorded in the third quarter, Thailand’s economy has shown a slower expansion compared to predictions, according to data released today, November 20. The National Economic and Social Development Council revealed that, from July to September, the economy of Southeast Asia’s second-largest country experienced a seasonally adjusted growth of 0.8% every quarter. However, these…

  • Business NewsDebate over Thai government’s digital wallet handout impact on public debt | Thaiger

    Debate over Thai government’s digital wallet handout impact on public debt

    The Thai government’s proposed 10,000-baht digital wallet handout has sparked debate, with concerns regarding its potential impact on public debt. Deputy Finance Minister Julapun Amornvivat stated that this economic stimulus is necessary as economic growth has averaged only 2% annually over the past decade, insufficient to support the country’s ageing population in the future. With low GDP growth, the government’s…

  • Business NewsGenerative AI takes center stage: Chinese tech giants intensify development to compete globally | Thaiger

    Generative AI takes center stage: Chinese tech giants intensify development to compete globally

    Leading technology corporations in China are escalating their efforts in the development of generative artificial intelligence (AI), aiming to compete with their US counterparts. They are launching extensive language models (LLM) that will support a wide array of applications, from weather prediction and financial analysis to 3D e-commerce, with the primary objective of enhancing enterprise productivity and user experience. McKinsey,…

  • Business NewsSugar cane farmers dispute government’s 2 baht price hike | Thaiger

    Sugar cane farmers dispute government’s 2 baht price hike

    Sugar cane farmers in Thailand are seeking clarification from the industry and commerce ministries regarding the Cabinet’s decision to allow a mere 2-baht increase per kilogramme in ex-factory sugar prices. The decision has been deemed unfair by sugar manufacturers as it falls short of the four-baht price hike requested by the Cane and Sugar Board. Citing escalating manufacturing costs due…