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 NewsMNEs taxed to curb profit sharing, 12 billion baht revenue expected | Thaiger

    MNEs taxed to curb profit sharing, 12 billion baht revenue expected

    The Revenue Department anticipates the implementation of draft legislation aimed at taxing multinational enterprises (MNEs) to curb profit shifting to low-tax jurisdictions by 2025. This move is expected to enhance tax revenue by 12 billion baht annually. Director-General Kulaya Tantitemit revealed that the draft legislation incorporates the Top-up Tax Act, which aligns with the Organisation for Economic Co-operation and Development’s…

  • CannabisThailand faces cannabis reclassification deadline | Thaiger

    Thailand faces cannabis reclassification deadline

    The Government of Thailand faces a rapidly approaching reclassification deadline set by cannabis advocacy groups. Cannabis Future Network, a prominent pro-cannabis group, stated last week that whether the Public Health Ministry intends to fully or partially reclassify cannabis, the decision must be backed by scientific evidence. The group has given the government 15 days to substantiate its stance. Reclassifying cannabis…

  • Business NewsThailand aims for 7.5 billion baht from foreign filmmakers this year | Thaiger

    Thailand aims for 7.5 billion baht from foreign filmmakers this year

    Thailand is making a concerted effort to boost its economy by attracting international filmmakers to its scenic and diverse locations. The Tourism and Sports Ministry has teamed up with the Culture Ministry to promote these film locations, aiming to generate 7.5 billion baht (US$206.5 million) in earnings from foreign film companies this year. The collaborative effort was highlighted at the…

  • Business NewsPlane pain: Soaring airfares hit turbulence amid shortage struggles | Thaiger

    Plane pain: Soaring airfares hit turbulence amid shortage struggles

    Soaring airfares are expected to persist as airlines grapple with a shortage of planes, labour, and spare parts, making it challenging to meet the surging demand for travel. A recent report by ING Bank NV highlights the myriad issues plaguing the global aviation industry, noting ongoing supply-chain constraints. Air travel demand is anticipated to surpass pre-pandemic levels this year but…

  • Business NewsThailand’s solar panel tax cut scheme to save households on bills | Thaiger

    Thailand’s solar panel tax cut scheme to save households on bills

    A new tax reduction scheme aimed at encouraging households to install rooftop solar panels is expected to be finalised by mid-year, announced the Department of Alternative Energy Development and Efficiency (DEDE). The initiative seeks to lower electricity bills and reduce carbon dioxide emissions. Households that purchase solar panels with a power generation capacity of less than 10 kilowatts, costing under…

  • Business NewsTaxing times: Local governments urged to ‘build’ a better law | Thaiger

    Taxing times: Local governments urged to ‘build’ a better law

    Local governments must take a more active role in revising the land and building tax law, which has been in effect for five years, according to the Director-General of the Fiscal Policy Office, Pornchai Thiraveja. Pornchai stated that the Land and Building Tax Act of 2019 grants local administrative organisations the authority to collect taxes to fund local development initiatives.…

  • Thailand NewsLamborghini to debut electric supercar in Thailand by 2028 | Thaiger

    Lamborghini to debut electric supercar in Thailand by 2028

    Automobili Lamborghini, the renowned Italian luxury sports car manufacturer, plans to introduce its new electric supercar to Thailand, with a global debut slated for 2028. This initiative is part of the company’s broader strategy to reduce carbon dioxide emissions. For years, Lamborghini has been actively developing electric vehicle (EV) technology to support its goal of achieving carbon neutrality, according to…

  • Business NewsThailand’s business confidence drops amid wage hike concerns | Thaiger

    Thailand’s business confidence drops amid wage hike concerns

    Business confidence in Thailand took a hit as the Thai Industries Sentiment Index (TISI) dropped in April, reflecting entrepreneurs’ concerns over a slew of economic pressures, including a proposed daily minimum wage increase. The TISI, a measure of the mood in the industrial sector, registered at 90.3 points, a decrease from the 92.4 points recorded in March, as reported by…

  • Business NewsSMEs loans complications eased by Finance Ministry’s new AMC | Thaiger

    SMEs loans complications eased by Finance Ministry’s new AMC

    The Thai Finance Ministry has scheduled the establishment of a new asset management company (AMC) for next month. This move aims to provide relief to beleaguered retail borrowers, especially small and medium-sized enterprises (SMEs), by assisting them in clearing non-performing loan (NPL) statuses and embarking on a fresh financial journey. The collaborative effort between Government Savings Bank (GSB) and Bangkok…

  • Cannabis NewsGunkul Engineering pulls the plug on cannabis investment | Thaiger

    Gunkul Engineering pulls the plug on cannabis investment

    Gunkul Engineering, a Stock Exchange of Thailand (SET)-listed renewable energy firm, is halting its investment in the cannabis industry, awaiting clearer government regulations. The company, which ventured into cannabis and hemp through its subsidiary GK Hemp Group, has already spent nearly 500 million baht (US$14 million) on developing its cannabis project but is now pausing further expenditure. The firm’s decision…

  • Business NewsCentral Retail reports 6% revenue boost to 67.3 billion baht | Thaiger

    Central Retail reports 6% revenue boost to 67.3 billion baht

    Central Retail Corporation‘s first quarter earnings report revealed a robust performance, with a 6% revenue increase to 67.3 billion baht (US$1.84 billion). Significantly, the company’s net profit jumped by 14% to 2.52 billion baht (US$ 70 million) compared to the same period last year. Under the leadership of Yol Phokasub, the company has seen a notable shift towards omni-channel retailing,…

  • Business NewsSuperrich faces stalled growth as tourists prefer travel cards | Thaiger

    Superrich faces stalled growth as tourists prefer travel cards

    Renowned local money changer Superrich Currency Exchange (1995) Co, known by its SuperRich Orange brand, has faced a challenging start to the year with its transaction growth stalling at zero during the initial four months, despite an increase in foreign travellers. The stagnation in Superrich’s growth is largely due to the rising popularity of travel card services, which are increasingly…

  • Business NewsThailand slashes satellite slot auction prices to attract bidders | Thaiger

    Thailand slashes satellite slot auction prices to attract bidders

    The National Broadcasting and Telecommunications Commission (NBTC) is gearing up for a new auction of satellite orbital slots at 50.5° East, 51°E, and 142°E slated for August 23 to September 7, targeting slots that remained unsold in a previous bid. The amended draft for the auction conditions, approved on May 13 by the NBTC board, aims to attract bidders with…

  • Business NewsJohor, Singapore aim for Shenzhen-like economic zone | Thaiger

    Johor, Singapore aim for Shenzhen-like economic zone

    The Malaysian state of Johor suggested its economic and petrochemical centres as potential locations for a special zone with neighbouring Singapore. This proposal is part of Johor’s ambition to become the Shenzhen of Southeast Asia, according to the Star’s report. The proposed area will include Iskandar Malaysia and Pengerang, located on the state’s eastern coast, said Johor Menteri Besar Onn…

  • Business NewsThai industry leader defends Bank of Thailand’s financial autonomy | Thaiger

    Thai industry leader defends Bank of Thailand’s financial autonomy

    Federation of Thai Industries (FTI) Vice Chairman Montri Mahaplerkpong voiced opposition to any proposals that would impede the Bank of Thailand‘s (BoT) authority over its financial stability management. Montri argued that the government should explore more palatable solutions to its disagreement with the BoT over policy rates, rather than attempting to curtail its power, which he sees as a contentious…

  • Business NewsFormer executive brings fresh perspective on talent management | Thaiger

    Former executive brings fresh perspective on talent management

    A former corporate executive and business consultant, with over 15 years of experience working across various industries, recently transitioned into writing business articles and offering expert commentary on business-related matters. With a newfound focus on continuously evolving business strategies and management principles, the 42 year old former executive now leverages in-depth knowledge of market trends to decipher the complexities of…

  • Business NewsThailand’s longest onshore gas pipeline launched by PTT | Thaiger

    Thailand’s longest onshore gas pipeline launched by PTT

    PTT President Auttapol Rerkpiboon announced the opening of Thailand’s longest onshore gas pipeline. The 417-kilometre pipeline, previously delayed due to Covid-19, will secure the gas supply across seven provinces, supporting power generation, industrial operations, and transportation. As part of PTT‘s fifth-phase development, the pipeline extends from the company’s gas separation plants in Rayong to Nontha Buri, facilitating a gas transport…

  • Business NewsRed Bull’s global charge: TCP Group aims high | Thaiger

    Red Bull’s global charge: TCP Group aims high

    TCP Group, the firm behind the manufacture and distribution of Krating Daeng, also known as Red Bull, has set its sights on international markets due to their high growth potential. The management is also keeping an eye on escalating costs. Spearheaded by TCP Group’s CEO Saravoot Yoovidhya, the company observed a growth of merely 4-5% in the energy drink market…

  • Thailand NewsEnergising event: Thailand hosts future energy Asia summit | Thaiger

    Energising event: Thailand hosts future energy Asia summit

    Thailand will host the Future Energy Asia Exhibition and Summit from May 15 to 17 at the Queen Sirikit National Convention Center in Bangkok. The event highlights Thailand’s crucial role in fostering a sustainable regional energy transition and underlines its commitment to this cause. Currently, Thailand’s energy sector is undergoing a significant transformation. The government has laid down ambitious targets…

  • Business NewsBitcoin declines amid speculations of crypto market peak | Thaiger

    Bitcoin declines amid speculations of crypto market peak

    Bitcoin’s value is slowly declining, marking a significant shift in the digital asset market worth over US$500 billion (18.5 trillion baht). This has led to speculation about the possible peak of the cryptocurrency rebound. The token is on the brink of a five-day losing streak, which hasn’t been seen since October of the previous year. The overall crypto market has…

  • Business NewsChina’s imports and exports rebound showing positive shift in April | Thaiger

    China’s imports and exports rebound showing positive shift in April

    After experiencing a contraction in the previous month, China’s imports and exports rebounded in April, according to customs data released today. This positive shift indicates a promising enhancement in both local and international demand, providing a vital lift to the nation’s fragile economic recovery. The upswing in data suggests that the numerous policy support measures introduced in recent times are…

  • Business NewsDeepfake dilemma: AI scam rise, posing as kin for data snatch | Thaiger

    Deepfake dilemma: AI scam rise, posing as kin for data snatch

    Artificial intelligence (AI) deepfakes, used for identity theft and impersonating identities of the victim’s relatives are now being used for personal data collection, in a rising trend of scams in Thailand. Titinun Suttinaraphan, the Regional Marketing Director of Southeast Asia for Gogolook, developer of the Whoscall app, states that the total number of Thai were victims of 217,047 scams per…

  • Business NewsThailand’s economic growth forecast revised down | Thaiger

    Thailand’s economic growth forecast revised down

    The Joint Standing Committee on Commerce, Industry, and Banking (JSCCIB) has revised Thailand’s economic growth forecast downward from a range of 2.8 to 3.3% to 2.2 to 2.7% for the year. The revised outlook is due to a slowdown in exports, which is negatively affecting the manufacturing sector. The panel also flagged a decrease in export expansion from 2% to…

  • Business NewsMicrosoft announces first data centre investment in Thailand | Thaiger

    Microsoft announces first data centre investment in Thailand

    Microsoft‘s announcement of its inaugural investment in a data centre region in Thailand is likely to boost the country’s digital ecosystem and potentially stoke competition within the data centre sector. The news came as part of a tour by Microsoft Chairman and CEO, Satya Nadella, who visited Indonesia, Thailand, and Malaysia to unveil a series of investments in data centres,…

  • Business NewsMobile service market to grow 3 to 5% amid tourism surge | Thaiger

    Mobile service market to grow 3 to 5% amid tourism surge

    The annual growth rate for the mobile service market is forecasted to sit between 3 and 5% this year due to cost-cutting efforts by operators and an increase in mobile traffic and international roaming calls brought on by a surge in foreign tourists. Pisut Ngamvijitvong, a senior equity research analyst at Kasikorn Securities, asserts that these growth factors, along with…

  • Business NewsBank of Thailand’s independence crucial for economic stability | Thaiger

    Bank of Thailand’s independence crucial for economic stability

    Economists emphasise the importance of the Bank of Thailand’s independence in its mission to maintain economic stability. They note that while interest rates have a negligible effect on bolstering economic growth, they could influence the stability of the baht and trigger an increase in household debt. Despite persistent appeals from Prime Minister Srettha Thavisin for a collaborative effort between monetary…

  • Thailand NewsNew Finance Minister Pichai pledges to boost Thailand’s economy | Thaiger

    New Finance Minister Pichai pledges to boost Thailand’s economy

    Newly appointed Finance Minister Pichai Chunhavajira pledged to accelerate initiatives aimed at addressing household debt, stimulating the economy, and raising personal income. Pichai, who previously held the chairman position at the Stock Exchange of Thailand and served as the prime minister’s advisor, observed a consistent decline in the country’s economic growth rate over the past two decades during his inaugural…

  • Business NewsThai Finance Minister set to discuss policies with BOT | Thaiger

    Thai Finance Minister set to discuss policies with BOT

    The freshly appointed Finance Minister today expressed his readiness to engage in discussions with the governor of the Bank of Thailand (BoT) to align fiscal and monetary policies. Pichai Chunhavajira, who is also the Deputy Prime Minister of Thailand, stated to journalists that collaborating with the BoT on policy coordination is part of his job responsibilities. Pichai expressed confidence that he…

  • Business NewsTravel growth expected in Asia-Pacific despite cooling demands | Thaiger

    Travel growth expected in Asia-Pacific despite cooling demands

    Online travel agent Booking.com expects the Asia-Pacific region to see growth in bookings as we start to see stability in the global market. The company’s Managing Director for Asia-Pacific, Laura Houldsworth, said the company anticipated the growth might not be as fast as it has been because it’s starting to stabilize at a very high level. Asia was up mid-teens…

  • Business NewsKBank restricts digital personal loans to refine business model | Thaiger

    KBank restricts digital personal loans to refine business model

    Kasikornbank (KBank), known for its leading mobile banking services, has strategically slowed down its digital personal loan operations. The move aims to refine its business model and enhance the quality of its loan products, according to its Chief Executive Kattiya Indaravijaya. Kattiya revealed that there is no specific timeline for the completion of the business model improvement. However, she assured that…